This document provides an overview of management concepts including definitions, functions, approaches, theorists, and levels. It defines management as the acts of getting people together to accomplish goals and objectives using planning, organizing, staffing, leading, and controlling. The four main functions of management are identified as planning, organizing, leading, and controlling. Classical and modern approaches to management thought are described including scientific management by Taylor and administrative management principles by Fayol. Management hierarchy and skills required at different levels are also summarized.
This is a presentation on Principles of Business Management. This presentation is based on syllabus of Pt. Ravi Shankar University,Raipur and Durg University, Durg. It is a brief presentation of all the aspects, functions and basic principles of business managaement.
This is a presentation on Principles of Business Management. This presentation is based on syllabus of Pt. Ravi Shankar University,Raipur and Durg University, Durg. It is a brief presentation of all the aspects, functions and basic principles of business managaement.
Presentation on Principles of Management: Features and Significance of Principles of Management, Principles of Management given by Henry Fayol and Scientific Management given by FW Taylor.
all basic concept of management. what is organization? what are organizational resources and how to manage them? what is management? how it is related to the other disciplines? who is manager?what are levels of managers? functions of managers? management styles and other concepts,
Management, Feature of Management, Objective of Management, Management as an Art, Levels of Management, Functions of Management, 1. Planning 2. Organising 3. Staffing 4. Directing 5. Controlling
Presentation on Principles of Management: Features and Significance of Principles of Management, Principles of Management given by Henry Fayol and Scientific Management given by FW Taylor.
all basic concept of management. what is organization? what are organizational resources and how to manage them? what is management? how it is related to the other disciplines? who is manager?what are levels of managers? functions of managers? management styles and other concepts,
Management, Feature of Management, Objective of Management, Management as an Art, Levels of Management, Functions of Management, 1. Planning 2. Organising 3. Staffing 4. Directing 5. Controlling
BUSINESS ORGANIZATION AND MANAGEMENT - B.Com I SEM- UNIT-3Balasri Kamarapu
INTRODUCTION TO FUNCTIONS OF MANAGEMENT:
Management - Meaning - Characteristics - Functions of Management - Levels of Management – Skills of Management- Scientific Management - Meaning - Definition - Objectives - Criticism – Fayol‘s 14 Principles of Management .
Engineering Management Compiled Powerpoint Presentations (A. Y. 2013 - 2014 2nd Term : Mapua Institute of Technology - Intramuros)
(C) 2013 SHYRA GAIL SUMAGUE. ALL RIGHTS RESERVED.
MAPUA INSTITUTE OF TECHNOLOGY - INTRAMUROS.
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Contents Different Managerial Functions, Definition & Meaning of Management, Planning process, functions of organization, factors affecting on staffing, Managers & Managerial Skills, Role & Responsibilities of Manager, Skills needed at various levels of Management
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A personal brand exploration presentation summarizes an individual's unique qualities and goals, covering strengths, values, passions, and target audience. It helps individuals understand what makes them stand out, their desired image, and how they aim to achieve it.
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As an Army veteran dedicated to lifelong learning, I bring a disciplined, strategic mindset to my pursuits. I am constantly expanding my knowledge to innovate and lead effectively. My journey is driven by a commitment to excellence, and to make a meaningful impact in the world.
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Enterprise excellence and inclusive excellence are closely linked, and real-world challenges have shown that both are essential to the success of any organization. To achieve enterprise excellence, organizations must focus on improving their operations and processes while creating an inclusive environment that engages everyone. In this interactive session, the facilitator will highlight commonly established business practices and how they limit our ability to engage everyone every day. More importantly, though, participants will likely gain increased awareness of what we can do differently to maximize enterprise excellence through deliberate inclusion.
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Enterprise Excellence is a holistic approach that's aimed at achieving world-class performance across all aspects of the organization.
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A way to engage all in creating Inclusive Excellence. Lessons from the US military and their parallels to the story of Harry Potter. How belt systems and CI teams can destroy inclusive practices. How leadership language invites people to the party. There are three things leaders can do to engage everyone every day: maximizing psychological safety to create environments where folks learn, contribute, and challenge the status quo.
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At its core, generative artificial intelligence relies on the concept of generative models, which serve as engines that churn out entirely new data resembling their training data. It is like a sculptor who has studied so many forms found in nature and then uses this knowledge to create sculptures from his imagination that have never been seen before anywhere else. If taken to cyberspace, gans work almost the same way.
Memorandum Of Association Constitution of Company.pptseri bangash
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A Memorandum of Association (MOA) is a legal document that outlines the fundamental principles and objectives upon which a company operates. It serves as the company's charter or constitution and defines the scope of its activities. Here's a detailed note on the MOA:
Contents of Memorandum of Association:
Name Clause: This clause states the name of the company, which should end with words like "Limited" or "Ltd." for a public limited company and "Private Limited" or "Pvt. Ltd." for a private limited company.
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Registered Office Clause: It specifies the location where the company's registered office is situated. This office is where all official communications and notices are sent.
Objective Clause: This clause delineates the main objectives for which the company is formed. It's important to define these objectives clearly, as the company cannot undertake activities beyond those mentioned in this clause.
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Liability Clause: It outlines the extent of liability of the company's members. In the case of companies limited by shares, the liability of members is limited to the amount unpaid on their shares. For companies limited by guarantee, members' liability is limited to the amount they undertake to contribute if the company is wound up.
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Capital Clause: This clause specifies the authorized capital of the company, i.e., the maximum amount of share capital the company is authorized to issue. It also mentions the division of this capital into shares and their respective nominal value.
Association Clause: It simply states that the subscribers wish to form a company and agree to become members of it, in accordance with the terms of the MOA.
Importance of Memorandum of Association:
Legal Requirement: The MOA is a legal requirement for the formation of a company. It must be filed with the Registrar of Companies during the incorporation process.
Constitutional Document: It serves as the company's constitutional document, defining its scope, powers, and limitations.
Protection of Members: It protects the interests of the company's members by clearly defining the objectives and limiting their liability.
External Communication: It provides clarity to external parties, such as investors, creditors, and regulatory authorities, regarding the company's objectives and powers.
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Binding Authority: The company and its members are bound by the provisions of the MOA. Any action taken beyond its scope may be considered ultra vires (beyond the powers) of the company and therefore void.
Amendment of MOA:
While the MOA lays down the company's fundamental principles, it is not entirely immutable. It can be amended, but only under specific circumstances and in compliance with legal procedures. Amendments typically require shareholder
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It is a sample of an interview for a business english class for pre-intermediate and intermediate english students with emphasis on the speking ability.
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2. What is Management ?
• Where this word is used?
• What is the meaning?
-Manage Men
- Old French ménagement.: ‘the art of
conducting ,directing ‘
-Latin Manuagere : ‘to lead by the hand’
2
3. DEFINITION:
• Management in all business areas and
organizational activities are the acts of getting
people together to accomplish desired goals
and objectives. Management
comprises planning, organizing, staffing, leadin
g or directing,
and controlling an organization (a group of one
or more people or entities) or effort for the
purpose of accomplishing a goal.
• Mgt is all about PODSCORB
4. • “Management is an art of getting things done
through and with people”.
• “The process by which execution of given
purpose put into operation and supervise”.
• “Management is the art of securing maximum
results with the minimum of efforts so as to get
maximum prosperity and happiness for both
employer and employee”
5. Applicability of Mgt.in life and job
• Management in life:
- Daily planning, future planning
- Various occasions i.E, marriage, parties
- To achieve any goal i.e., 80% in FYBBA
6. • Management at job:
- proper authority and
responsibility
- achieving targets
- stress management
- measuring deviation
- smooth functioning
- co-ordination/ communication
- employee satisfaction
7. Scope of management :(Relation with
other subjects/Sectors )
Marketing
• - Deciding promotional activities/ strategies/
setting targets – planning
• - Recruiting/training sales exe. – staffing
• - Giving targets by manager – Directing
• - Why targets are not achieved – Controlling
8. Finance
• - Preparing budget – Planning and controlling
• - Recruiting/training executives – staffing
• - Maximum result with min. efforts/resources
9. H.R.
• - How many employees will be required? -
Planning
• - Recruiting/training executives – Staffing
• - Performance appraisal – Controlling
• - which task given to whom? - Organising
10. What Managers Do
10
Managerial Activities
•Making decisions
•Allocating resources
•Directing activities of others to
attain goals
Managers
Individuals who achieve goals through other people.
11. Where Managers Work
Organization
A consciously coordinated social unit,
composed of two or more people, that
functions on a relatively continuous basis
to achieve a common goal or set of
goals.
12. The Four Functions of Management
Planning
Select goals
& ways to
attain them
Organizing Assign
responsibility for
tasks
Leading Use
influence to
motivate
Controlling
Monitor
activities &
make
corrections
13. Planning
– defining goals and objectives
– deciding what type of activities the company will
engage in
– determining the resources needed to achieve the
organization’s goals & objectives.
3
14. Organizing
– Grouping of activities
– Conflict resolution.
– Authority and responsibility
– delegation
– Allocation of resources
15. Directing/ leading
– Leading for better work
– Stimulating to work more
– Giving motivation
– Specifying job responsibilities
– Creating good working conditions
– Giving guidance
– Showing path
4
16. Controlling
Checking performance
Comparing actual targets with performance
Finding deviation
Taking corrective action
Monitoring performance of people & units.
• Identification of performance problems & actions
to correct problems
5
22. MANAGEMENT LEVELS AND TIME
SPENT ON FUNCTIONS
Plan. Organ. Lead. Control.
Top 28% 36% 22% 14%
Middle 18% 33% 36% 13%
Lower 15% 24% 51% 10%
23. Approaches in Mgt. thought
• Classical
- scientific
- bureaucratic
- administrative
• Behavioral
- Maslow,McGregor, Chris,Elton Mayo, Mary Parker
• Quantitative and Modern
- contingency theory
- theory Z
24. Taylor and scientific management
(Frederick Winslow Taylor (1856-1915)
• The concept emerged in early 1900s.
• “SM is concerned with knowing exactly that
you want men to do and then see in that they
do it in the best and cheapest way”
• Taylor experimented and found –how human
beings could be made more efficient by
standardizing the work and better method of
doing the work.
10
25. Elements of scientific management
1. Separation of planning and doing:
• Supervisor- Planning
• Worker – doing, operational work
2. Functional foremanship:
26. - work divided acc. To functions
2. Functional foremanship:
11
27. 3. job analysis:
- to find a best way of doing the things
- Time study
- Motion study
- Fatigue study
28. 4. Standardization:
- Standardization is a means of achieving
economics of production.
• It seems to ensure –
– The line of product is restricted to predetermined
type, form, design, size, weight, quality. Etc
– There is manufacture of identical parts and
components.
– Quality & standards have been maintained.
– Standard of performance are established for workers
at all levels.
29. 5. Scientific selection and training of workers.
- based on education, exp, aptitude, physical strength
- training to be more effective and efficient
6. Financial incentives
- Piece rate system
7. Economy & Profit
-cost estimation and cost control
8. Mental revolution
- co-operation and co-ordination
31. Fayol’s 14 principles of management
1. Division of work
2. Unity of Command
3. Order
4. Equity
5. Initiative
6. Esprit de corps
7. Stability of tenure
8. Scalar chain
9. Centralization
10. Remuneration of
employees
11. Subordination of
individual interest to
general interest
12. Unity of direction
13. Discipline
14. Authority and
Responsibility
32. Fayol’s 14 principles of MGT.
1. Unity of Command:
instructions/orders from only one boss. Ex. peon
33. Fayol’s 14 principles of MGT.
2. Division of Work:
job /work is divided into specialized/small tasks
i.e., departments
34. Fayol’s 14 principles of MGT.
3. Order:
• Arrangement of things and people
• All materials and personnel have a prescribed
place, and they must remain there.
35. Fayol’s 14 principles of MGT.
4. Initiative:
• Workers should be encouraged to develop
and carry out their plans for improvements
36. Fayol’s 14 principles of MGT.
5. Equity:
• Fairness to all employees
• No favoritism
37. Fayol’s 14 principles of MGT.
6. Authority and Responsibility: “Authority is the right
to give orders & obtain obedience, and responsibility is
the effect of authority”
-should be divided properly
ex. Sales exe., Vodafone cust. care
7. Discipline: Rules and regulations
38. 8. Unity of Direction: same objective for all with
coordinated efforts
9. Subordination of Individual Interest to General
Interest:
10. Remuneration of Employees: Employees receive
fair payment for services
11. Centralization and Decentralization: ex. GTU,
Panchayat
12. Scalar Chain: Formal chain of command running
from top to bottom of the organization, like military
39. 13. Stability of Personnel: Limited turnover of
personnel. Lifetime employment for good workers.
14. Espirit De Corps: team spirit of unity and harmony
among employees