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SYNOPSIS
 Definition
 Management function (or) Process of
  Management
 Managerial Skills
 Order of Management
 Efficiency & Effectiveness
 General Principles of Management
 Management as an Essential for any
  Organization?
 Run time Example for the Management
   “Management is the process of designing and
    maintaining an environment in which individuals working
    together in groups, efficiently accomplish selected item”

   “Management is the process of getting things done, through &
    with people in organization”
MANAGEMENT FUNCTIONS (OR) PROCESS OF
MANAGEMENT:

    There are five types of functions in management. They
    are,

 Planning-Defines the goal & establishing strategy.
 Organizing-ncludes determining what task has to be
  done, who is to do them.
 Staffing-Includes recruitment of people and training
  them towards the project.
 Leading-Includes the motivating the employees and
  directing the activities.
 Controlling-It is the process of monitoring the
  performance.
Managerial Skills

   There are three types of skills required by a
  manager. They are:
 Conceptual Skills-These skills are required
  by the employee who are in top level
  management.
 Technical skills- These skills are required by
  the employee who are in middle level
  Management.
 Human Relations Skills-These skills are
  required by the employee in the supervisory
  level.
Different Managerial Levels

Top Management
                    Conceptual
                    Skills
Middle Management


                                 Human Relations Skills

Supervisory Level

                                                  Technical Skills
Order of Management
            Top
            Manag
            ement




        Middle
        Managers

     First-Line Managers


        Operatives
          (or)
        Executive
   Effectiveness: Adequate to accomplish a purpose; producing
    the intended or expected result.

   Efficiency: Performing or functioning in the best possible
    manner with the least waste of time and effort.
                                (Or)

   Efficiency is doing something with the least possible
    expenditure of resources (such as time, energy, etc.)
General Principles of Management-
Henry Foyal’s
 Henry Fayol’s 14 principles derive from the circumstance that
  Fayol’s felt that management was not well defined. In his
  striving to change this circumstance he suggested “some
  generalized teaching of management” to be a main part of
  every curriculum at places of higher education and even
  beginning in “primary schools”. Fayol’s dedication to this
  idea is demonstrated by the fact that after retirement he went
  on to not just write books about management ideas, but more
  importantly, he found the Centre for Administrative Studies
  (CAS) in 1917 in Paris. The CAS mainly functioned as a
  centre of discussion between professionals from a large
  variety of professions, in order to further the knowledge and
  understanding of management principles.
 Division of work: This is the specialization that economists
  consider necessary for efficiency in the use of labor. Fayol’s applies
  the principle to all kinds of work, managerial as well as technical.
 Authority & responsibility: Here Fayol finds authority and
  responsibility to be related, with the later arising from the former. He
  sees authority as a combination of official factors, deriving from the
  manager’ position and personal factors.
 Discipline: Seeing discipline as “respect for agreements which are
  directed at achieving obedience, application, energy, and the outward
  marks of respect. Fayol declares that discipline requires good
  superiors at all levels.
 Unity of command: This means that employees should receive
  orders from one superior only.
 Unity of direction: According to this principle, each group of
  actives with the same objective must have one head and one plan.
• Subordination of individual to general interest: This is self explanatory
  when the two are found to differ, management must reconcile them.
• Remuneration and methods: of payment should be fair and afford the
  maximum possible satisfaction to employees and employer.
• Centralization: Without using the term “Centralization of
  authority.”Fayol's refers to the extent to which authority is concentrated or
  dispersed. Individual circumstances will determine the degree that will give
  the best overall yield.
• Scalar chain: Fayol thinks of this as a chain of superiors from the highest to
  the lowest ranks, which, while not to be departed from need lessly, should
  be short circuited when to follow it scrupulously would be detrimental.
• Order: Breaking this into material and social order, Fayol's follows the
  simple adage of a place for everything and everything in its place.
• Equity: Loyalty and devotion should be elicited from personnel by a
  combination of kindliness and justice on the part of managers when
  dealing with subordinators.
• Stability of tenure: Finding unnecessary turnover to be both the cause and
  the effect Of bad management, Fayol points out its dangers and costs.
 Initiative: Initiative is conceived of as the thinking out and execution of a
  plan. Since it is one of the keenest satisfactions for an intelligent man to
  experience.
 Esprit de corps: This is principle that “in union there is strength” as well as
  an extension of the principle of unity of command, emphasizing the need for
  teamwork and the importance of communication in obtaining it.


Management as an Essential for any Organization?
 Managers are charged with the responsibility of taking actions that will enable
  individuals to make their best contributions to group objectives. Management
  thus applies to small and large organizations, to profit and not-for profit
  enterprises, to manufacturing as well as service industries.
Infosys


   Mr. N.R. Narayana Moorthy- Chairman




Mr. S. Gopalakrishnan- Co-Founder Executive Co-
Chairman
Mr. S. D. Shibulal - Co-Founder
Chief Executive Officer and Managing Director




Mr. V. Balakrishnan Member of the Board
Chief Financial Officer




Mr. Srinath Batni Member of the
Board & Head of Delivery
Excellence                                      Mr. Basab Pradhan Senior Vice President
                                                Head of Global Sales, Marketing and Alliances
                                                Member, Executive Council




Ms. Nandita Gurjar Senior Vice President
Group Head of Human Resources
Member - Executive Council
    From this principles of management which plays an important
    role in the organization.

   “In the past the man has been first; in the future the system
    must be first.”

                                -Frederick Winslow Taylor
Thank You




        Presentation By:
        M.Sathish Kumar
        1st MBA

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Priciples of management ppt final

  • 1.
  • 2. SYNOPSIS  Definition  Management function (or) Process of Management  Managerial Skills  Order of Management  Efficiency & Effectiveness  General Principles of Management  Management as an Essential for any Organization?  Run time Example for the Management
  • 3. “Management is the process of designing and maintaining an environment in which individuals working together in groups, efficiently accomplish selected item”  “Management is the process of getting things done, through & with people in organization”
  • 4. MANAGEMENT FUNCTIONS (OR) PROCESS OF MANAGEMENT: There are five types of functions in management. They are,  Planning-Defines the goal & establishing strategy.  Organizing-ncludes determining what task has to be done, who is to do them.  Staffing-Includes recruitment of people and training them towards the project.  Leading-Includes the motivating the employees and directing the activities.  Controlling-It is the process of monitoring the performance.
  • 5. Managerial Skills There are three types of skills required by a manager. They are:  Conceptual Skills-These skills are required by the employee who are in top level management.  Technical skills- These skills are required by the employee who are in middle level Management.  Human Relations Skills-These skills are required by the employee in the supervisory level.
  • 6. Different Managerial Levels Top Management Conceptual Skills Middle Management Human Relations Skills Supervisory Level Technical Skills
  • 7. Order of Management Top Manag ement Middle Managers First-Line Managers Operatives (or) Executive
  • 8. Effectiveness: Adequate to accomplish a purpose; producing the intended or expected result.  Efficiency: Performing or functioning in the best possible manner with the least waste of time and effort. (Or)  Efficiency is doing something with the least possible expenditure of resources (such as time, energy, etc.)
  • 9. General Principles of Management- Henry Foyal’s  Henry Fayol’s 14 principles derive from the circumstance that Fayol’s felt that management was not well defined. In his striving to change this circumstance he suggested “some generalized teaching of management” to be a main part of every curriculum at places of higher education and even beginning in “primary schools”. Fayol’s dedication to this idea is demonstrated by the fact that after retirement he went on to not just write books about management ideas, but more importantly, he found the Centre for Administrative Studies (CAS) in 1917 in Paris. The CAS mainly functioned as a centre of discussion between professionals from a large variety of professions, in order to further the knowledge and understanding of management principles.
  • 10.  Division of work: This is the specialization that economists consider necessary for efficiency in the use of labor. Fayol’s applies the principle to all kinds of work, managerial as well as technical.  Authority & responsibility: Here Fayol finds authority and responsibility to be related, with the later arising from the former. He sees authority as a combination of official factors, deriving from the manager’ position and personal factors.  Discipline: Seeing discipline as “respect for agreements which are directed at achieving obedience, application, energy, and the outward marks of respect. Fayol declares that discipline requires good superiors at all levels.  Unity of command: This means that employees should receive orders from one superior only.  Unity of direction: According to this principle, each group of actives with the same objective must have one head and one plan.
  • 11. • Subordination of individual to general interest: This is self explanatory when the two are found to differ, management must reconcile them. • Remuneration and methods: of payment should be fair and afford the maximum possible satisfaction to employees and employer. • Centralization: Without using the term “Centralization of authority.”Fayol's refers to the extent to which authority is concentrated or dispersed. Individual circumstances will determine the degree that will give the best overall yield. • Scalar chain: Fayol thinks of this as a chain of superiors from the highest to the lowest ranks, which, while not to be departed from need lessly, should be short circuited when to follow it scrupulously would be detrimental. • Order: Breaking this into material and social order, Fayol's follows the simple adage of a place for everything and everything in its place. • Equity: Loyalty and devotion should be elicited from personnel by a combination of kindliness and justice on the part of managers when dealing with subordinators. • Stability of tenure: Finding unnecessary turnover to be both the cause and the effect Of bad management, Fayol points out its dangers and costs.
  • 12.  Initiative: Initiative is conceived of as the thinking out and execution of a plan. Since it is one of the keenest satisfactions for an intelligent man to experience.  Esprit de corps: This is principle that “in union there is strength” as well as an extension of the principle of unity of command, emphasizing the need for teamwork and the importance of communication in obtaining it. Management as an Essential for any Organization?  Managers are charged with the responsibility of taking actions that will enable individuals to make their best contributions to group objectives. Management thus applies to small and large organizations, to profit and not-for profit enterprises, to manufacturing as well as service industries.
  • 13. Infosys Mr. N.R. Narayana Moorthy- Chairman Mr. S. Gopalakrishnan- Co-Founder Executive Co- Chairman
  • 14. Mr. S. D. Shibulal - Co-Founder Chief Executive Officer and Managing Director Mr. V. Balakrishnan Member of the Board Chief Financial Officer Mr. Srinath Batni Member of the Board & Head of Delivery Excellence Mr. Basab Pradhan Senior Vice President Head of Global Sales, Marketing and Alliances Member, Executive Council Ms. Nandita Gurjar Senior Vice President Group Head of Human Resources Member - Executive Council
  • 15. From this principles of management which plays an important role in the organization.  “In the past the man has been first; in the future the system must be first.” -Frederick Winslow Taylor
  • 16. Thank You Presentation By: M.Sathish Kumar 1st MBA