SlideShare a Scribd company logo
Principles of Management CHAPTER 1:  Definition ,Principles and Basics of  Management By:  Rafiullah Sherzad Lecturer, Kardan Institute of Higher Education
[object Object]
Recommended Text & Reference Books: ,[object Object],[object Object],[object Object],[object Object],[object Object],[object Object],[object Object],[object Object],[object Object],[object Object],[object Object]
Course outline overview ,[object Object],[object Object],[object Object],[object Object],[object Object],[object Object],[object Object],Note: The following chapters are randomly selected due to their relevance and importance to BBA first semester level.
Definition
[object Object],Management Defined "Management is a process of designing and maintaining an environment in which individuals work together in groups to effectively and efficiently accomplish selected aims".  1 2
Management Defined  Cont’d ,[object Object],[object Object],[object Object],[object Object],[object Object],3 Management is a set of activities directed at an organization's  resources with the aim of achieving organizational goals in an efficient and effective manner.  4
These definitions when expanded have  these  implications: ,[object Object],[object Object],[object Object],[object Object],[object Object]
Elements of definition ,[object Object],[object Object],[object Object],[object Object],[object Object],[object Object],[object Object],[object Object],[object Object]
Efficiency and Effectiveness  Goals Low Waste High Attainment Means Efficiency Ends Effectiveness Resource Usage Goal Attainment FOM 1.9
Management: Science or Art? ,[object Object],[object Object],Management is both art and science.  Management has got two faces like a coin; on one side it is art and on the other it is science. Management has got scientific principles which constitute the elements of Science and Skills and talent which are attributes of Art.
Principles of Management
Fayol’s Principles of Management   Henri Fayol (1841-1925) He has proposed that there are six primary functions of management and 14 principles of management, Forecasting, Planning, Organizing, Commanding, Coordinating, controlling There are 14 Principles of Management described by Henri Fayol.
1. Division of Labor ,[object Object],2. Authority & Responsibility Authority refers to the right of superiors to get exactness from their sub-ordinates. Responsibility means obligation for the performance of the job assigned.  Note that responsibility arises wherever authority is exercised 14 Principles of Henri Fayol
4. Unity of Direction ,[object Object],[object Object],14 Principles of Henri Fayol Cont’d 3. Unity of Command A sub-ordinate should receive orders and be accountable to one and only one boss at a time.  He should not receive instructions from more than one person
5. Equity ,[object Object],[object Object],6. Order This principle is concerned with proper & systematic arrangement of things and people.  Arrangement of things is called material order and placement of people is called social order.  14 Principles of Henri Fayol Cont’d
7. Discipline ,[object Object],[object Object],8. Initiative Initiative means eagerness to initiate actions without being asked to do so. Management should provide opportunity to its employees to suggest ideas, experiences& new method of work.  14 Principles of Henri Fayol Cont’d
9. Remuneration ,[object Object],[object Object],10. Stability of Tenure Employees should not be moved frequently from one job position to another i.e. the period of service in a job should be fixed.  14 Principles of Henri Fayol Cont’d
11. Scalar Chain ,[object Object],[object Object],12. Sub-ordination of Individual  Interest to common goal An organization is much bigger than the individual it constitutes therefore interest of the undertaking should prevail in all circumstances.  The interests of any one employee or group of employees should not take precedence over the interests of the organization as a whole. 14 Principles of Henri Fayol Cont’d
13. Espirit De’ Corps  ,[object Object],[object Object],14. Centralization   Centralization refers to the degree to which subordinates are involved in decision making. Whether decision making is centralized (to management) or decentralized (to subordinates) is a question of proper proportion. The task is to find the optimum degree of centralization for each situation. 14 Principles of Henri Fayol Cont’d
[object Object],[object Object],[object Object],[object Object],[object Object],[object Object],[object Object],[object Object],[object Object],[object Object]
Basics of Management
Organization Organizations  are groups of people, with ideas and resources, working toward common goals. OR A systematic arrangement of people brought together to accomplish some specific purpose is called organization. People Deliberate Structure Distinct Purpose Characteristics of Organization
Manager ,[object Object],[object Object]
Managerial skills Managerial Skills ,[object Object],[object Object],[object Object],[object Object],[object Object],[object Object],[object Object],[object Object]
Managerial skills Cont’d ,[object Object],[object Object],[object Object],[object Object],[object Object],[object Object],[object Object],[object Object]
Managerial skills Cont’d ,[object Object],[object Object],[object Object],[object Object],[object Object],[object Object],[object Object],[object Object]
Managerial skills Cont’d ,[object Object],[object Object],[object Object],[object Object]
Skill distribution at various management levels
Roles of manager  Role: a set of expectation for one’s behavior ,[object Object],Roles of Manager ,[object Object],[object Object],[object Object],[object Object],[object Object],[object Object],[object Object],[object Object],[object Object],[object Object],[object Object],[object Object],[object Object]
Roles of manager Cont’d ,[object Object],[object Object],[object Object],[object Object]
Roles of manager Cont’d ,[object Object],[object Object],[object Object],[object Object],[object Object]
Roles of manager Cont’d ,[object Object],[object Object],[object Object],[object Object]
Functions of management Planning 1 Planning  is the process of setting goals, and charting the best way of action for achieving the goals. This function also includes, considering the various steps to be taken to encourage the necessary levels of change and innovation.  Organizing 2 Organizing is the process of allocating and arranging work, authority and  resources, to the members of the organization so that they can successfully execute the plans.  Staffing 3 A: Staffing is the process of filling the positions in the organization and keeping them filled. B: Staffing is the process of recruiting and selecting the right person for the right job at the right time in the right place. Leading 4 Leading involves directing, influencing and motivating employees to perform essential tasks. This function involves display of leadership qualities, different leadership styles, different influencing powers, with excellent abilities of  communication and  motivation.  Controlling 5 Controlling is the process of devising various checks to ensure that planned performance is actually achieved. It involves ensuring that actual activities conform to the planned activities. Monitoring the financial statements,  checking the cash registers to avoid overdraft etc., form part of this process.
Levels of management ,[object Object],[object Object],[object Object],[object Object],[object Object],[object Object]
Levels of management Non- Managerial Employees First-Line Management Foreman, Supervisors, Office Managers Middle Management Plant Managers, Division Managers, Department Managers Top Management President, CEO, Executive Vice Presidents
Planning Planning Planning Organizing Organizing Organizing Staffing Staffing Staffing Directing Controlling Directing Directing Controlling Controlling Top Managers Middle Managers First-Line Managers Least Important Most Important Importance of management functions to managers in each level

More Related Content

What's hot

Principle of Management - Chapter # 1
Principle of Management - Chapter # 1Principle of Management - Chapter # 1
Principle of Management - Chapter # 1
Junaid Jawed
 
Principles of Management (MG 6851) Unit i
Principles of Management (MG 6851)  Unit i Principles of Management (MG 6851)  Unit i
Principles of Management (MG 6851) Unit i
AntBMaro
 
Planning as a function of management
Planning as a function of managementPlanning as a function of management
Planning as a function of management
rmkcet
 
PRINCIPLES OF MANAGEMENT lecture notes
PRINCIPLES OF MANAGEMENT lecture notesPRINCIPLES OF MANAGEMENT lecture notes
PRINCIPLES OF MANAGEMENT lecture notes
Bala Murugan
 
Principle and practices of management
Principle and practices of managementPrinciple and practices of management
Principle and practices of management
agarwalcards
 
Modern theories of management
Modern theories of managementModern theories of management
Modern theories of management
Chaitanya Erk
 
Contemporary Management
Contemporary ManagementContemporary Management
Contemporary Management
prateek Agrawal
 
Evolution of management thought
Evolution of  management thoughtEvolution of  management thought
Evolution of management thought
Naveen Raj
 
Principles of Management Chapter 3 Planning
Principles of Management Chapter 3 PlanningPrinciples of Management Chapter 3 Planning
Principles of Management Chapter 3 Planning
Dr. John V. Padua
 
Nature of Management - Management Principles
Nature of Management - Management PrinciplesNature of Management - Management Principles
Management Process important questions
Management Process important questionsManagement Process important questions
Management Process important questions
Acharya Institute of Graduate Studies
 
MANAGEMENT- DEFINITION, OBJECTIVES,CHARACTERISTICS AND FUNCTION
MANAGEMENT- DEFINITION, OBJECTIVES,CHARACTERISTICS AND FUNCTIONMANAGEMENT- DEFINITION, OBJECTIVES,CHARACTERISTICS AND FUNCTION
MANAGEMENT- DEFINITION, OBJECTIVES,CHARACTERISTICS AND FUNCTION
AMALDASKH
 
Principles and practices of management
Principles and practices of managementPrinciples and practices of management
Principles and practices of management
Nandu Warrier
 
Management thought
Management thoughtManagement thought
Management thought
Sajna Fathima
 
Chapter 1 Organizational Behaviour
Chapter 1  Organizational Behaviour Chapter 1  Organizational Behaviour
Chapter 1 Organizational Behaviour
Dr. Rajasshrie Pillai
 
Chapter 2: Management History
Chapter 2: Management HistoryChapter 2: Management History
Chapter 2: Management History
Nardin A
 
Fundamentals of Management Lecture, chapter 1
Fundamentals of Management Lecture, chapter 1 Fundamentals of Management Lecture, chapter 1
Fundamentals of Management Lecture, chapter 1
Farhad Khan
 
Introduction to management
Introduction to managementIntroduction to management
Introduction to management
Vanessa Pereira
 
Modern Management Theories
Modern Management TheoriesModern Management Theories
Modern Management Theories
Iqbal Novramadani
 
Chapter 1 Introduction To Management And Organizations
Chapter 1   Introduction To Management And OrganizationsChapter 1   Introduction To Management And Organizations
Chapter 1 Introduction To Management And Organizations
management 2
 

What's hot (20)

Principle of Management - Chapter # 1
Principle of Management - Chapter # 1Principle of Management - Chapter # 1
Principle of Management - Chapter # 1
 
Principles of Management (MG 6851) Unit i
Principles of Management (MG 6851)  Unit i Principles of Management (MG 6851)  Unit i
Principles of Management (MG 6851) Unit i
 
Planning as a function of management
Planning as a function of managementPlanning as a function of management
Planning as a function of management
 
PRINCIPLES OF MANAGEMENT lecture notes
PRINCIPLES OF MANAGEMENT lecture notesPRINCIPLES OF MANAGEMENT lecture notes
PRINCIPLES OF MANAGEMENT lecture notes
 
Principle and practices of management
Principle and practices of managementPrinciple and practices of management
Principle and practices of management
 
Modern theories of management
Modern theories of managementModern theories of management
Modern theories of management
 
Contemporary Management
Contemporary ManagementContemporary Management
Contemporary Management
 
Evolution of management thought
Evolution of  management thoughtEvolution of  management thought
Evolution of management thought
 
Principles of Management Chapter 3 Planning
Principles of Management Chapter 3 PlanningPrinciples of Management Chapter 3 Planning
Principles of Management Chapter 3 Planning
 
Nature of Management - Management Principles
Nature of Management - Management PrinciplesNature of Management - Management Principles
Nature of Management - Management Principles
 
Management Process important questions
Management Process important questionsManagement Process important questions
Management Process important questions
 
MANAGEMENT- DEFINITION, OBJECTIVES,CHARACTERISTICS AND FUNCTION
MANAGEMENT- DEFINITION, OBJECTIVES,CHARACTERISTICS AND FUNCTIONMANAGEMENT- DEFINITION, OBJECTIVES,CHARACTERISTICS AND FUNCTION
MANAGEMENT- DEFINITION, OBJECTIVES,CHARACTERISTICS AND FUNCTION
 
Principles and practices of management
Principles and practices of managementPrinciples and practices of management
Principles and practices of management
 
Management thought
Management thoughtManagement thought
Management thought
 
Chapter 1 Organizational Behaviour
Chapter 1  Organizational Behaviour Chapter 1  Organizational Behaviour
Chapter 1 Organizational Behaviour
 
Chapter 2: Management History
Chapter 2: Management HistoryChapter 2: Management History
Chapter 2: Management History
 
Fundamentals of Management Lecture, chapter 1
Fundamentals of Management Lecture, chapter 1 Fundamentals of Management Lecture, chapter 1
Fundamentals of Management Lecture, chapter 1
 
Introduction to management
Introduction to managementIntroduction to management
Introduction to management
 
Modern Management Theories
Modern Management TheoriesModern Management Theories
Modern Management Theories
 
Chapter 1 Introduction To Management And Organizations
Chapter 1   Introduction To Management And OrganizationsChapter 1   Introduction To Management And Organizations
Chapter 1 Introduction To Management And Organizations
 

Viewers also liked

Introduction to Management - Basic concepts & fundamentals (An overview)
Introduction to Management - Basic concepts & fundamentals (An overview)Introduction to Management - Basic concepts & fundamentals (An overview)
Introduction to Management - Basic concepts & fundamentals (An overview)
Seema -
 
Priciples of management ppt final
Priciples of management ppt finalPriciples of management ppt final
Priciples of management ppt final
rajakamalesha
 
Chapter 1 intro-management
Chapter 1  intro-managementChapter 1  intro-management
Chapter 1 intro-management
Aben Bozziy
 
The Dissertation Process and Critical Thinking
The Dissertation Process and Critical ThinkingThe Dissertation Process and Critical Thinking
The Dissertation Process and Critical Thinking
Lisa MacLeod
 
Historical Background on Management Theory
Historical Background on Management TheoryHistorical Background on Management Theory
Historical Background on Management Theory
Lisa MacLeod
 
Principles of mangement
Principles of mangementPrinciples of mangement
Principles of mangement
Sudhir Padmanabhan
 
Concept,nature and significance of management
Concept,nature and significance of managementConcept,nature and significance of management
Concept,nature and significance of management
Shubham Kushwaha
 
Mangement
MangementMangement
Mangement
Abdu Rahman
 
The practice of management
The practice of managementThe practice of management
The practice of management
Catherine Wu
 
School of thought management
School of thought managementSchool of thought management
School of thought management
leonilitabadillo
 
Management is a universal phenomenon
Management is a universal phenomenonManagement is a universal phenomenon
Management is a universal phenomenon
Lee Botani
 
Sustainability
SustainabilitySustainability
Sustainability
Dr. Andrew Wallace PhD
 
Peter drucker management
Peter drucker managementPeter drucker management
Peter drucker management
Annisa Anindita Zein
 
Introduction to strategic planning
Introduction to strategic planningIntroduction to strategic planning
Introduction to strategic planning
Salim Hajje
 
Peter drucker
Peter druckerPeter drucker
Peter drucker
piyush41086
 
Concept, nature & purpose of management
Concept, nature & purpose of managementConcept, nature & purpose of management
Concept, nature & purpose of management
Robin Gulati
 
What Is Sustainability
What Is SustainabilityWhat Is Sustainability
What Is Sustainability
Hillary Jenkins
 
Principles of Management Lec-1
Principles of Management Lec-1Principles of Management Lec-1
Principles of Management Lec-1
Muhammad Akram
 
School of management thoughts
School of management thoughtsSchool of management thoughts
School of management thoughts
vivek pratap singh
 
Sustainability Power Point
Sustainability Power PointSustainability Power Point
Sustainability Power Point
HowardLitwak
 

Viewers also liked (20)

Introduction to Management - Basic concepts & fundamentals (An overview)
Introduction to Management - Basic concepts & fundamentals (An overview)Introduction to Management - Basic concepts & fundamentals (An overview)
Introduction to Management - Basic concepts & fundamentals (An overview)
 
Priciples of management ppt final
Priciples of management ppt finalPriciples of management ppt final
Priciples of management ppt final
 
Chapter 1 intro-management
Chapter 1  intro-managementChapter 1  intro-management
Chapter 1 intro-management
 
The Dissertation Process and Critical Thinking
The Dissertation Process and Critical ThinkingThe Dissertation Process and Critical Thinking
The Dissertation Process and Critical Thinking
 
Historical Background on Management Theory
Historical Background on Management TheoryHistorical Background on Management Theory
Historical Background on Management Theory
 
Principles of mangement
Principles of mangementPrinciples of mangement
Principles of mangement
 
Concept,nature and significance of management
Concept,nature and significance of managementConcept,nature and significance of management
Concept,nature and significance of management
 
Mangement
MangementMangement
Mangement
 
The practice of management
The practice of managementThe practice of management
The practice of management
 
School of thought management
School of thought managementSchool of thought management
School of thought management
 
Management is a universal phenomenon
Management is a universal phenomenonManagement is a universal phenomenon
Management is a universal phenomenon
 
Sustainability
SustainabilitySustainability
Sustainability
 
Peter drucker management
Peter drucker managementPeter drucker management
Peter drucker management
 
Introduction to strategic planning
Introduction to strategic planningIntroduction to strategic planning
Introduction to strategic planning
 
Peter drucker
Peter druckerPeter drucker
Peter drucker
 
Concept, nature & purpose of management
Concept, nature & purpose of managementConcept, nature & purpose of management
Concept, nature & purpose of management
 
What Is Sustainability
What Is SustainabilityWhat Is Sustainability
What Is Sustainability
 
Principles of Management Lec-1
Principles of Management Lec-1Principles of Management Lec-1
Principles of Management Lec-1
 
School of management thoughts
School of management thoughtsSchool of management thoughts
School of management thoughts
 
Sustainability Power Point
Sustainability Power PointSustainability Power Point
Sustainability Power Point
 

Similar to Chap 1 introduction to management

Management chapter for PGDM student
Management chapter for PGDM studentManagement chapter for PGDM student
Management chapter for PGDM student
KAPIL VARSHNEY
 
principle of management and professional ethics
principle of management and professional ethics principle of management and professional ethics
principle of management and professional ethics
sabarish k.v
 
Introduction to management.pptx ch 1
Introduction to management.pptx ch 1Introduction to management.pptx ch 1
Introduction to management.pptx ch 1
Prime University
 
New Microsoft PowerPoint Presentation.pptx
New Microsoft PowerPoint Presentation.pptxNew Microsoft PowerPoint Presentation.pptx
New Microsoft PowerPoint Presentation.pptx
pindi2197
 
Unit i principles of management
Unit i principles of managementUnit i principles of management
Unit i principles of management
taruian
 
Management (mba)
Management (mba) Management (mba)
Management (mba)
Habib Rahman
 
Introduction to management.pptx_ch_1[1]
Introduction to management.pptx_ch_1[1]Introduction to management.pptx_ch_1[1]
Introduction to management.pptx_ch_1[1]
Prime University
 
Introduction to Management
Introduction to ManagementIntroduction to Management
Introduction to Management
Mahmudul Hasan
 
Bm 227 unit 1
Bm 227 unit 1Bm 227 unit 1
Bm 227 unit 1
Qazi Ahmad
 
Pm 1 st
Pm 1 stPm 1 st
Pm 1 st
iamtirthankar
 
002 Management trends and scenario in nepal.ppsx
002 Management trends and scenario in nepal.ppsx002 Management trends and scenario in nepal.ppsx
002 Management trends and scenario in nepal.ppsx
YogeshKhatiwada1
 
Principles of management part 1
Principles of management   part 1Principles of management   part 1
Principles of management part 1
PadmasheelaD
 
Ch1 Managemnet and Organization
Ch1 Managemnet and OrganizationCh1 Managemnet and Organization
Ch1 Managemnet and Organization
srinu1963
 
TWOMARKPOMQ&A.doc
TWOMARKPOMQ&A.docTWOMARKPOMQ&A.doc
TWOMARKPOMQ&A.doc
jeebala
 
POM_Unit_I[1]behsjjsjwjwjwhhwuwhwhwhhwh.pptx
POM_Unit_I[1]behsjjsjwjwjwhhwuwhwhwhhwh.pptxPOM_Unit_I[1]behsjjsjwjwjwhhwuwhwhwhhwh.pptx
POM_Unit_I[1]behsjjsjwjwjwhhwuwhwhwhhwh.pptx
RakshaSid
 
Who is manager.pptx
Who is manager.pptxWho is manager.pptx
Who is manager.pptx
DeeshaBachani
 
Managment
ManagmentManagment
Managment
hawraz Faris
 
Managerial studies part of ch 1
Managerial studies  part of ch 1Managerial studies  part of ch 1
Managerial studies part of ch 1
mohamed omar
 
Management concepts introduction
Management concepts   introductionManagement concepts   introduction
Management concepts introduction
ARAVINDARAJ K
 
Managing and the Manager’s Job
Managing and the Manager’s JobManaging and the Manager’s Job
Managing and the Manager’s Job
Jubayer Alam Shoikat
 

Similar to Chap 1 introduction to management (20)

Management chapter for PGDM student
Management chapter for PGDM studentManagement chapter for PGDM student
Management chapter for PGDM student
 
principle of management and professional ethics
principle of management and professional ethics principle of management and professional ethics
principle of management and professional ethics
 
Introduction to management.pptx ch 1
Introduction to management.pptx ch 1Introduction to management.pptx ch 1
Introduction to management.pptx ch 1
 
New Microsoft PowerPoint Presentation.pptx
New Microsoft PowerPoint Presentation.pptxNew Microsoft PowerPoint Presentation.pptx
New Microsoft PowerPoint Presentation.pptx
 
Unit i principles of management
Unit i principles of managementUnit i principles of management
Unit i principles of management
 
Management (mba)
Management (mba) Management (mba)
Management (mba)
 
Introduction to management.pptx_ch_1[1]
Introduction to management.pptx_ch_1[1]Introduction to management.pptx_ch_1[1]
Introduction to management.pptx_ch_1[1]
 
Introduction to Management
Introduction to ManagementIntroduction to Management
Introduction to Management
 
Bm 227 unit 1
Bm 227 unit 1Bm 227 unit 1
Bm 227 unit 1
 
Pm 1 st
Pm 1 stPm 1 st
Pm 1 st
 
002 Management trends and scenario in nepal.ppsx
002 Management trends and scenario in nepal.ppsx002 Management trends and scenario in nepal.ppsx
002 Management trends and scenario in nepal.ppsx
 
Principles of management part 1
Principles of management   part 1Principles of management   part 1
Principles of management part 1
 
Ch1 Managemnet and Organization
Ch1 Managemnet and OrganizationCh1 Managemnet and Organization
Ch1 Managemnet and Organization
 
TWOMARKPOMQ&A.doc
TWOMARKPOMQ&A.docTWOMARKPOMQ&A.doc
TWOMARKPOMQ&A.doc
 
POM_Unit_I[1]behsjjsjwjwjwhhwuwhwhwhhwh.pptx
POM_Unit_I[1]behsjjsjwjwjwhhwuwhwhwhhwh.pptxPOM_Unit_I[1]behsjjsjwjwjwhhwuwhwhwhhwh.pptx
POM_Unit_I[1]behsjjsjwjwjwhhwuwhwhwhhwh.pptx
 
Who is manager.pptx
Who is manager.pptxWho is manager.pptx
Who is manager.pptx
 
Managment
ManagmentManagment
Managment
 
Managerial studies part of ch 1
Managerial studies  part of ch 1Managerial studies  part of ch 1
Managerial studies part of ch 1
 
Management concepts introduction
Management concepts   introductionManagement concepts   introduction
Management concepts introduction
 
Managing and the Manager’s Job
Managing and the Manager’s JobManaging and the Manager’s Job
Managing and the Manager’s Job
 

Recently uploaded

Authentically Social by Corey Perlman - EO Puerto Rico
Authentically Social by Corey Perlman - EO Puerto RicoAuthentically Social by Corey Perlman - EO Puerto Rico
Authentically Social by Corey Perlman - EO Puerto Rico
Corey Perlman, Social Media Speaker and Consultant
 
Taurus Zodiac Sign: Unveiling the Traits, Dates, and Horoscope Insights of th...
Taurus Zodiac Sign: Unveiling the Traits, Dates, and Horoscope Insights of th...Taurus Zodiac Sign: Unveiling the Traits, Dates, and Horoscope Insights of th...
Taurus Zodiac Sign: Unveiling the Traits, Dates, and Horoscope Insights of th...
my Pandit
 
Organizational Change Leadership Agile Tour Geneve 2024
Organizational Change Leadership Agile Tour Geneve 2024Organizational Change Leadership Agile Tour Geneve 2024
Organizational Change Leadership Agile Tour Geneve 2024
Kirill Klimov
 
The APCO Geopolitical Radar - Q3 2024 The Global Operating Environment for Bu...
The APCO Geopolitical Radar - Q3 2024 The Global Operating Environment for Bu...The APCO Geopolitical Radar - Q3 2024 The Global Operating Environment for Bu...
The APCO Geopolitical Radar - Q3 2024 The Global Operating Environment for Bu...
APCO
 
Part 2 Deep Dive: Navigating the 2024 Slowdown
Part 2 Deep Dive: Navigating the 2024 SlowdownPart 2 Deep Dive: Navigating the 2024 Slowdown
Part 2 Deep Dive: Navigating the 2024 Slowdown
jeffkluth1
 
3 Simple Steps To Buy Verified Payoneer Account In 2024
3 Simple Steps To Buy Verified Payoneer Account In 20243 Simple Steps To Buy Verified Payoneer Account In 2024
3 Simple Steps To Buy Verified Payoneer Account In 2024
SEOSMMEARTH
 
Call8328958814 satta matka Kalyan result satta guessing
Call8328958814 satta matka Kalyan result satta guessingCall8328958814 satta matka Kalyan result satta guessing
Call8328958814 satta matka Kalyan result satta guessing
➑➌➋➑➒➎➑➑➊➍
 
Brian Fitzsimmons on the Business Strategy and Content Flywheel of Barstool S...
Brian Fitzsimmons on the Business Strategy and Content Flywheel of Barstool S...Brian Fitzsimmons on the Business Strategy and Content Flywheel of Barstool S...
Brian Fitzsimmons on the Business Strategy and Content Flywheel of Barstool S...
Neil Horowitz
 
2024-6-01-IMPACTSilver-Corp-Presentation.pdf
2024-6-01-IMPACTSilver-Corp-Presentation.pdf2024-6-01-IMPACTSilver-Corp-Presentation.pdf
2024-6-01-IMPACTSilver-Corp-Presentation.pdf
hartfordclub1
 
❼❷⓿❺❻❷❽❷❼❽ Dpboss Matka Result Satta Matka Guessing Satta Fix jodi Kalyan Fin...
❼❷⓿❺❻❷❽❷❼❽ Dpboss Matka Result Satta Matka Guessing Satta Fix jodi Kalyan Fin...❼❷⓿❺❻❷❽❷❼❽ Dpboss Matka Result Satta Matka Guessing Satta Fix jodi Kalyan Fin...
❼❷⓿❺❻❷❽❷❼❽ Dpboss Matka Result Satta Matka Guessing Satta Fix jodi Kalyan Fin...
❼❷⓿❺❻❷❽❷❼❽ Dpboss Kalyan Satta Matka Guessing Matka Result Main Bazar chart
 
How to Implement a Strategy: Transform Your Strategy with BSC Designer's Comp...
How to Implement a Strategy: Transform Your Strategy with BSC Designer's Comp...How to Implement a Strategy: Transform Your Strategy with BSC Designer's Comp...
How to Implement a Strategy: Transform Your Strategy with BSC Designer's Comp...
Aleksey Savkin
 
Hamster Kombat' Telegram Game Surpasses 100 Million Players—Token Release Sch...
Hamster Kombat' Telegram Game Surpasses 100 Million Players—Token Release Sch...Hamster Kombat' Telegram Game Surpasses 100 Million Players—Token Release Sch...
Hamster Kombat' Telegram Game Surpasses 100 Million Players—Token Release Sch...
SOFTTECHHUB
 
Lundin Gold Corporate Presentation - June 2024
Lundin Gold Corporate Presentation - June 2024Lundin Gold Corporate Presentation - June 2024
Lundin Gold Corporate Presentation - June 2024
Adnet Communications
 
Anny Serafina Love - Letter of Recommendation by Kellen Harkins, MS.
Anny Serafina Love - Letter of Recommendation by Kellen Harkins, MS.Anny Serafina Love - Letter of Recommendation by Kellen Harkins, MS.
Anny Serafina Love - Letter of Recommendation by Kellen Harkins, MS.
AnnySerafinaLove
 
Understanding User Needs and Satisfying Them
Understanding User Needs and Satisfying ThemUnderstanding User Needs and Satisfying Them
Understanding User Needs and Satisfying Them
Aggregage
 
TIMES BPO: Business Plan For Startup Industry
TIMES BPO: Business Plan For Startup IndustryTIMES BPO: Business Plan For Startup Industry
TIMES BPO: Business Plan For Startup Industry
timesbpobusiness
 
Creative Web Design Company in Singapore
Creative Web Design Company in SingaporeCreative Web Design Company in Singapore
Creative Web Design Company in Singapore
techboxsqauremedia
 
Unveiling the Dynamic Personalities, Key Dates, and Horoscope Insights: Gemin...
Unveiling the Dynamic Personalities, Key Dates, and Horoscope Insights: Gemin...Unveiling the Dynamic Personalities, Key Dates, and Horoscope Insights: Gemin...
Unveiling the Dynamic Personalities, Key Dates, and Horoscope Insights: Gemin...
my Pandit
 
The 10 Most Influential Leaders Guiding Corporate Evolution, 2024.pdf
The 10 Most Influential Leaders Guiding Corporate Evolution, 2024.pdfThe 10 Most Influential Leaders Guiding Corporate Evolution, 2024.pdf
The 10 Most Influential Leaders Guiding Corporate Evolution, 2024.pdf
thesiliconleaders
 
Top mailing list providers in the USA.pptx
Top mailing list providers in the USA.pptxTop mailing list providers in the USA.pptx
Top mailing list providers in the USA.pptx
JeremyPeirce1
 

Recently uploaded (20)

Authentically Social by Corey Perlman - EO Puerto Rico
Authentically Social by Corey Perlman - EO Puerto RicoAuthentically Social by Corey Perlman - EO Puerto Rico
Authentically Social by Corey Perlman - EO Puerto Rico
 
Taurus Zodiac Sign: Unveiling the Traits, Dates, and Horoscope Insights of th...
Taurus Zodiac Sign: Unveiling the Traits, Dates, and Horoscope Insights of th...Taurus Zodiac Sign: Unveiling the Traits, Dates, and Horoscope Insights of th...
Taurus Zodiac Sign: Unveiling the Traits, Dates, and Horoscope Insights of th...
 
Organizational Change Leadership Agile Tour Geneve 2024
Organizational Change Leadership Agile Tour Geneve 2024Organizational Change Leadership Agile Tour Geneve 2024
Organizational Change Leadership Agile Tour Geneve 2024
 
The APCO Geopolitical Radar - Q3 2024 The Global Operating Environment for Bu...
The APCO Geopolitical Radar - Q3 2024 The Global Operating Environment for Bu...The APCO Geopolitical Radar - Q3 2024 The Global Operating Environment for Bu...
The APCO Geopolitical Radar - Q3 2024 The Global Operating Environment for Bu...
 
Part 2 Deep Dive: Navigating the 2024 Slowdown
Part 2 Deep Dive: Navigating the 2024 SlowdownPart 2 Deep Dive: Navigating the 2024 Slowdown
Part 2 Deep Dive: Navigating the 2024 Slowdown
 
3 Simple Steps To Buy Verified Payoneer Account In 2024
3 Simple Steps To Buy Verified Payoneer Account In 20243 Simple Steps To Buy Verified Payoneer Account In 2024
3 Simple Steps To Buy Verified Payoneer Account In 2024
 
Call8328958814 satta matka Kalyan result satta guessing
Call8328958814 satta matka Kalyan result satta guessingCall8328958814 satta matka Kalyan result satta guessing
Call8328958814 satta matka Kalyan result satta guessing
 
Brian Fitzsimmons on the Business Strategy and Content Flywheel of Barstool S...
Brian Fitzsimmons on the Business Strategy and Content Flywheel of Barstool S...Brian Fitzsimmons on the Business Strategy and Content Flywheel of Barstool S...
Brian Fitzsimmons on the Business Strategy and Content Flywheel of Barstool S...
 
2024-6-01-IMPACTSilver-Corp-Presentation.pdf
2024-6-01-IMPACTSilver-Corp-Presentation.pdf2024-6-01-IMPACTSilver-Corp-Presentation.pdf
2024-6-01-IMPACTSilver-Corp-Presentation.pdf
 
❼❷⓿❺❻❷❽❷❼❽ Dpboss Matka Result Satta Matka Guessing Satta Fix jodi Kalyan Fin...
❼❷⓿❺❻❷❽❷❼❽ Dpboss Matka Result Satta Matka Guessing Satta Fix jodi Kalyan Fin...❼❷⓿❺❻❷❽❷❼❽ Dpboss Matka Result Satta Matka Guessing Satta Fix jodi Kalyan Fin...
❼❷⓿❺❻❷❽❷❼❽ Dpboss Matka Result Satta Matka Guessing Satta Fix jodi Kalyan Fin...
 
How to Implement a Strategy: Transform Your Strategy with BSC Designer's Comp...
How to Implement a Strategy: Transform Your Strategy with BSC Designer's Comp...How to Implement a Strategy: Transform Your Strategy with BSC Designer's Comp...
How to Implement a Strategy: Transform Your Strategy with BSC Designer's Comp...
 
Hamster Kombat' Telegram Game Surpasses 100 Million Players—Token Release Sch...
Hamster Kombat' Telegram Game Surpasses 100 Million Players—Token Release Sch...Hamster Kombat' Telegram Game Surpasses 100 Million Players—Token Release Sch...
Hamster Kombat' Telegram Game Surpasses 100 Million Players—Token Release Sch...
 
Lundin Gold Corporate Presentation - June 2024
Lundin Gold Corporate Presentation - June 2024Lundin Gold Corporate Presentation - June 2024
Lundin Gold Corporate Presentation - June 2024
 
Anny Serafina Love - Letter of Recommendation by Kellen Harkins, MS.
Anny Serafina Love - Letter of Recommendation by Kellen Harkins, MS.Anny Serafina Love - Letter of Recommendation by Kellen Harkins, MS.
Anny Serafina Love - Letter of Recommendation by Kellen Harkins, MS.
 
Understanding User Needs and Satisfying Them
Understanding User Needs and Satisfying ThemUnderstanding User Needs and Satisfying Them
Understanding User Needs and Satisfying Them
 
TIMES BPO: Business Plan For Startup Industry
TIMES BPO: Business Plan For Startup IndustryTIMES BPO: Business Plan For Startup Industry
TIMES BPO: Business Plan For Startup Industry
 
Creative Web Design Company in Singapore
Creative Web Design Company in SingaporeCreative Web Design Company in Singapore
Creative Web Design Company in Singapore
 
Unveiling the Dynamic Personalities, Key Dates, and Horoscope Insights: Gemin...
Unveiling the Dynamic Personalities, Key Dates, and Horoscope Insights: Gemin...Unveiling the Dynamic Personalities, Key Dates, and Horoscope Insights: Gemin...
Unveiling the Dynamic Personalities, Key Dates, and Horoscope Insights: Gemin...
 
The 10 Most Influential Leaders Guiding Corporate Evolution, 2024.pdf
The 10 Most Influential Leaders Guiding Corporate Evolution, 2024.pdfThe 10 Most Influential Leaders Guiding Corporate Evolution, 2024.pdf
The 10 Most Influential Leaders Guiding Corporate Evolution, 2024.pdf
 
Top mailing list providers in the USA.pptx
Top mailing list providers in the USA.pptxTop mailing list providers in the USA.pptx
Top mailing list providers in the USA.pptx
 

Chap 1 introduction to management

  • 1. Principles of Management CHAPTER 1: Definition ,Principles and Basics of Management By: Rafiullah Sherzad Lecturer, Kardan Institute of Higher Education
  • 2.
  • 3.
  • 4.
  • 6.
  • 7.
  • 8.
  • 9.
  • 10. Efficiency and Effectiveness Goals Low Waste High Attainment Means Efficiency Ends Effectiveness Resource Usage Goal Attainment FOM 1.9
  • 11.
  • 13. Fayol’s Principles of Management Henri Fayol (1841-1925) He has proposed that there are six primary functions of management and 14 principles of management, Forecasting, Planning, Organizing, Commanding, Coordinating, controlling There are 14 Principles of Management described by Henri Fayol.
  • 14.
  • 15.
  • 16.
  • 17.
  • 18.
  • 19.
  • 20.
  • 21.
  • 23. Organization Organizations are groups of people, with ideas and resources, working toward common goals. OR A systematic arrangement of people brought together to accomplish some specific purpose is called organization. People Deliberate Structure Distinct Purpose Characteristics of Organization
  • 24.
  • 25.
  • 26.
  • 27.
  • 28.
  • 29. Skill distribution at various management levels
  • 30.
  • 31.
  • 32.
  • 33.
  • 34. Functions of management Planning 1 Planning is the process of setting goals, and charting the best way of action for achieving the goals. This function also includes, considering the various steps to be taken to encourage the necessary levels of change and innovation. Organizing 2 Organizing is the process of allocating and arranging work, authority and resources, to the members of the organization so that they can successfully execute the plans. Staffing 3 A: Staffing is the process of filling the positions in the organization and keeping them filled. B: Staffing is the process of recruiting and selecting the right person for the right job at the right time in the right place. Leading 4 Leading involves directing, influencing and motivating employees to perform essential tasks. This function involves display of leadership qualities, different leadership styles, different influencing powers, with excellent abilities of communication and motivation. Controlling 5 Controlling is the process of devising various checks to ensure that planned performance is actually achieved. It involves ensuring that actual activities conform to the planned activities. Monitoring the financial statements, checking the cash registers to avoid overdraft etc., form part of this process.
  • 35.
  • 36. Levels of management Non- Managerial Employees First-Line Management Foreman, Supervisors, Office Managers Middle Management Plant Managers, Division Managers, Department Managers Top Management President, CEO, Executive Vice Presidents
  • 37. Planning Planning Planning Organizing Organizing Organizing Staffing Staffing Staffing Directing Controlling Directing Directing Controlling Controlling Top Managers Middle Managers First-Line Managers Least Important Most Important Importance of management functions to managers in each level

Editor's Notes

  1. 8
  2. 21
  3. 4