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1. Principles of Management
Presentation-1
Faculty: ERFAN HAQUE
Section-B

2. Group:
Name:

3. People tend to think about managers based on their
position in an organization. This tells us a bit about their
role and the nature of their responsibilities. They were
perceived to be those who told others what to do.
But now it isn’t as simple as it was. The job of manager
has gotten tougher and complicated.
However, the challenges that they have to face and the
rewards that they get after overcoming those obstacles are
what drives so many people to seek the job of a manager.

4.  Can be tough
 Often thankless job
 Clerical duties included
 Dealing with limited resources
 Meeting deadlines

5.  Dealing with different personalities
 Dependence for success
 To motivate employees
 Responsibility for employee’s mishap/success depends
on other’s work
 Role-model for employees
 Continuous need for innovation

6.  Opportunities for creativeness
 Experience of dealing with a lot of people
 Support, coach and nurture employees
 Receive appropriate monetary compensation

7.  Joy from working for the organizational goals
 Praise for accomplishing a task
 Status
 Need by the organization

8. It’s all about motivation. Managers are
motivated to overcome challenges and inspired
to strive towards their goals in order to receive
rewards. Of course not all rewards are monetary
and not all challenges are technical. Manager’s
face all these challenges while working in an
organization.

9. Hierarchy of needs
People are motivated to tackle the
obstacles and challenges because they
need to achieve something and to obtain
something (rewards). Thus the Theory of
Maslow’s hierarchy of needs explains the
levels of needs for the people and is
suited for this concept. The esteem need
for achievement, mastery, independence,
status, dominance, prestige, self-respect,
respect from others can be fulfilled by
completing the challenges of being great
manager that motivates employees.
Self-actualization realizing personal potential, self-fulfillment,
seeking personal growth and peak experiences can be fulfilled by
working for the organization’s goals. These challenges accomplished
will result in appropriate benefits and rewards.

11.  Motivates managers
 Excitement
 Sense of accomplishment

12. Heavy burden on managers
Demotivation
Doing work for rewards only

13. Differences in Application of
Rewards & Challenges Concept in Bangladesh and USA
-Diversity

14. -Technical

15. -Work Ethics

17. Management By Stephen P Robbins/
http://www.slideshare.net/kevalpatel2106/rewards-and-
challenges-of-being-a-manager
http://work.chron.com/rewards-being-manager-3575.html
https://blog.socketsandlightbulbs.com/2011/09/07/truth-
challenges-being-a-manager
http://www.simplypsychology.org/maslow.html
https://www.verywell.com/theories-of-motivation-2795720