Management Class


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Introduction to Management

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Management Class

  1. 1. Introduction to Management By Ransom Joseph 14-11-2008
  2. 2. Definition of Management <ul><li>“ Management is the process of designing and maintaining of an environment in which individuals working together in groups, efficiently accomplish selected aims” </li></ul><ul><li>--Koontz and Weihrich </li></ul>
  3. 3. Nature of Management <ul><li>Continuous process. </li></ul><ul><li>Achieving Organization goals by ensuring effective use of resources. </li></ul><ul><li>Managers use the resources of the Organization, both physical as well as human to achieve the goals. </li></ul>
  4. 4. Types of Managers <ul><li>General Managers:  </li></ul><ul><li>Financial Managers:  </li></ul><ul><li>Marketing Managers:  </li></ul><ul><li>Human Resources Managers:  </li></ul><ul><li>Operations Managers:  </li></ul>
  5. 6. Management as a Science or an Art <ul><li>Science </li></ul><ul><li>systemic body of knowledge, principle should be verifiable, reliable basis for predicting future events. </li></ul><ul><li>Management is an Inexact Science </li></ul><ul><li>It is complex and unpredictable </li></ul><ul><li>Org. Decision are influenced by the environment. </li></ul>
  6. 7. Contd.,
  7. 8. 14 principles of Management by Henry Fayol <ul><li>Division of work </li></ul><ul><li>Authority and Responsibility </li></ul><ul><li>Discipline </li></ul><ul><li>Unity of Command </li></ul><ul><li>Unity of Direction </li></ul><ul><li>Subordination of individual interest to general interest </li></ul><ul><li>Remuneration of personnel </li></ul>
  8. 9. 14 Principles Contd., <ul><li>Centralisation </li></ul><ul><li>Scalar Chain </li></ul><ul><li>Order </li></ul><ul><li>Equity </li></ul><ul><li>Stability of tenure of personnel </li></ul><ul><li>Initiative </li></ul><ul><li>Esprit decorps </li></ul>
  9. 10. Management Levels and Skills
  10. 11. Roles of a Manager <ul><li>A)Interpersonal Role </li></ul><ul><li>1. Head of the Organization </li></ul><ul><li>2. Liaison </li></ul><ul><li>3. Leader </li></ul><ul><li>B) Informational Role </li></ul><ul><li>1.Monitors </li></ul><ul><li>2.Disseminator </li></ul><ul><li>3.Spokesman </li></ul>
  11. 12. Roles Contd., <ul><li>C)Decisional Role </li></ul><ul><li>1.Entrepreneural </li></ul><ul><li>2.Disturbance Handler </li></ul><ul><li>3.Resource Allocator </li></ul><ul><li>4.Negotiator </li></ul>
  12. 13. Functions of Management
  13. 14. Thank You