2. Management is the
process of
coordinating and
overseeing the work
activities of others by
the managers so that
their activities are
completed efficiently
and effectively with the
help of available
resources in order to
achieve the set goals
in time.
3. Efficiency(means) Effectiveness(Ends)
Resource Goal
Usage Attainment
Low Waste High Attainment
Management Strives for:
Low Resources Waste(high efficiency)
High Goal Attainment(high effectiveness)
Efficiency is “doing things right”.
Effectiveness is “doing the right things”.
5. Management Functions
Planning Management is a
continuous process.
Controlling Organizing
Directing Staffing
6. Where we can find management ?
Management is related to everyone’s life whether it is
complicated or simple.
A small family of four with the husband/Wife as head of the
family is also a management.
Beginning from a roadside vendor to an MNC company, we
can find management.
7. Why management is an art?
Because it depends on the skills, aptitude & creativity of the
manager.
8. Management as an art According to Peter F.
Drucker…
Peter Drucker, famed management scholar who is best known for
developing ideas related to total quality management.
Drucker terms management "a liberal art," claiming that it is such
because it deals with the fundamentals of knowledge, wisdom, and
leadership, but because it is also concerned with practice and
application.
He is critical of the assumptions that make up the management
paradigm, because these assumptions change over time as society
and the business environment change. Thus, management is more
of an art.
9. According To Mintzberg. . .
Mintzberg is an academic researcher whose work capturing the
actual daily tasks of real managers was ground breaking research
for its time.
Mintzberg, through his observation of actual managers in their
daily work, determined that managers did not sit at their
desks, thinking, evaluating, and deciding all day long, working for
long, uninterrupted time periods.
This was in line with the perspective of management as an
art, but instead managers used their own social and political skills
to solve problems that arose throughout the course of work.
