Lec 1 182

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Lec 1 182

  1. 1. INTRODUCTION
  2. 2. BACKGROUND <ul><li>CONTEXT </li></ul><ul><li>ERAs </li></ul><ul><li>Pre-Business Capitalism </li></ul><ul><li>Petty Business Capitalism—12 th Cent </li></ul><ul><li>Mercantile Capitalism—End 15 th to 18 th </li></ul><ul><li>Industrial Capitalism –End of 18 th to End of 19 th Cent </li></ul><ul><li>Financial Capitalism—Upto 1929 </li></ul><ul><li>State Capitalism— Upto 1950 </li></ul><ul><li>Managerial Capitalism– 1950 Onwards </li></ul>
  3. 3. CONCEPT OF MANAGEMENT <ul><li>Traditional Industrial Organization </li></ul><ul><li>Owner & the Worker </li></ul><ul><li>The Conflict </li></ul><ul><li>Marx’s concept of Buffer </li></ul><ul><li>Agency Theory </li></ul>
  4. 4. MANAGEMENT <ul><li>Noun (Who)--Levels </li></ul><ul><li>Adjectives (Skills) </li></ul><ul><li>Mintzbergs’ conceptualization </li></ul><ul><li>--Conceptual </li></ul><ul><li>--Human Relations </li></ul><ul><li>--Technical </li></ul>
  5. 5. FOCUS OF THE COURSE <ul><li>Macro—Organization Management (45%) </li></ul><ul><li>Systems—Human Resource Management (45%) </li></ul><ul><li>Micro—Organization Management (10%) </li></ul>
  6. 6. What is an Organization? <ul><li>Organization : a tool used by people to coordinate their actions to obtain something they desire or value </li></ul><ul><li>Entrepreneurship : the process by which people recognize opportunities to satisfy needs, and then gather and use resources to meet those needs </li></ul>

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