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5 M’s IN MANAGEMENT AND
THE PETER PRINCPLE
Reporter:
Rena Clair O. Perez
5 M’s IN MANAGEMENT
MAN
• Man in management is referred as human resource.
• It includes the physiology and psychology of those
involved, as well as their performance and proficiency.
• People make sure materials, machines, money and
methods are utilized in a productive manner to achieve
goals and objectives of organization.
MATERIAL
• Without material, human resource is made redundant.
• Every right thinking and right planning organization knows
that materials needed for any business activity.
• Poor quality of materials potentially ruins
entrepreneurship.
MACHINES
• The metal contraptions called machines have made man
fulfill almost effortlessly various dreams of creating things
that make our existence more worthwhile.
• Machines have replaced man in tilling, planting, and
harvesting. Man has been replaced with looms in cotton
and fabric processing.
• However, without man and materials, machines will be
useless. They need to be operated by man and fed with
materials.
METHODS
• Refers to the normal and prescribed ways of doings
various operatiions are performed according to certain
systems and procedures.
• Use of right method help to increase efficiency of
operations and contributes to effective management.
MONEY
• Without money, no ventures or enterprise can motivate
workers, get quality and sufficient materials, get the right
machines and maintain them or even ensure that time is
properly managed.
• Money management, when not properly organized has
been the most known factor involved in collapse of
enterprise in history.
PETER PRINCIPLE
• According to the Peter Principle, every position in a given
hierarchy will eventually be filled by employees who are
incompetent to fulfill the job duties of their respective
positions.
• Peter principle is an observation that the tendency in most
organizational hierarchies, such as that of a corporation, is
for every employee to rise in the hierarchy through
promotion until they reach a level of respective
incompetence.
• This is thus based on the logical idea that competent
employees will continue to be promoted, but as some point
will be promoted into positions for which they are
incompetent, and they will then remain in those positions
because of the fact that they do not demonstrate any
further competence that would get them recognized for
additional promotion.
THANK YOU !

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5 M in Management and Peter Princople

  • 1. 5 M’s IN MANAGEMENT AND THE PETER PRINCPLE Reporter: Rena Clair O. Perez
  • 2.
  • 3.
  • 4. 5 M’s IN MANAGEMENT
  • 5.
  • 6. MAN • Man in management is referred as human resource. • It includes the physiology and psychology of those involved, as well as their performance and proficiency. • People make sure materials, machines, money and methods are utilized in a productive manner to achieve goals and objectives of organization.
  • 7. MATERIAL • Without material, human resource is made redundant. • Every right thinking and right planning organization knows that materials needed for any business activity. • Poor quality of materials potentially ruins entrepreneurship.
  • 8. MACHINES • The metal contraptions called machines have made man fulfill almost effortlessly various dreams of creating things that make our existence more worthwhile. • Machines have replaced man in tilling, planting, and harvesting. Man has been replaced with looms in cotton and fabric processing. • However, without man and materials, machines will be useless. They need to be operated by man and fed with materials.
  • 9. METHODS • Refers to the normal and prescribed ways of doings various operatiions are performed according to certain systems and procedures. • Use of right method help to increase efficiency of operations and contributes to effective management.
  • 10. MONEY • Without money, no ventures or enterprise can motivate workers, get quality and sufficient materials, get the right machines and maintain them or even ensure that time is properly managed. • Money management, when not properly organized has been the most known factor involved in collapse of enterprise in history.
  • 12. • According to the Peter Principle, every position in a given hierarchy will eventually be filled by employees who are incompetent to fulfill the job duties of their respective positions.
  • 13. • Peter principle is an observation that the tendency in most organizational hierarchies, such as that of a corporation, is for every employee to rise in the hierarchy through promotion until they reach a level of respective incompetence.
  • 14. • This is thus based on the logical idea that competent employees will continue to be promoted, but as some point will be promoted into positions for which they are incompetent, and they will then remain in those positions because of the fact that they do not demonstrate any further competence that would get them recognized for additional promotion.