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CORE THEORIES OF MANAGEMENT
I. Basic Functions of Management (POSDCORB)
P lanning
O rganising
S taffing
D irecting
Co O rdinating
R eporting
B udgeting
II. SWOT Analysis
S trength
Weakness
O ppetunity
T hreat
III. SMART Goals
S pecific
M easurable
A chievable
R elavant
T ime Bound
IV. Deming’s Chart (PDSA) for introducing new or making
change
P lan
D o
Lohith Shetty PGDPM, MSW(HRD), MBA(Hospital Mgt)
S tudy
A ct
V. PERT Analysis - Programme Evaluation Review
Technique
VI. (WBS) - Work Breakdown Structure
VII. (CPM) - Critical Path Method
VIII. 5S – Seiri = Tidiness / Seiton = Orderliness /
Seiso = Cleanliness / Seiketsu = Standardisation /
Shitsuku = Discipline
TQM by 14 Management Practices
1. Create constancy of purpose for improving products &
services
2. Adopt the new Philosophy
3. Cease dependence on inspection to achieve quality
4. End the practice of awarding business on price alone,
instead minimize total cost by working with a single
supplier
5. Improve constantly & forever every process of planning,
production & service
6. Adopt & institute Leadership
Lohith Shetty PGDPM, MSW(HRD), MBA(Hospital Mgt)
7. Institute Training on the job
8. Drive out Fear
9. Break down barriers between staff areas
10. Eliminate slogans, exhortations & targets for the work
force
11. Eliminate numerical quotas for the workforce &
numerical goals for the managers
12. Remove barriers that rob people of pride in
workmanship & eliminate annual rating or merit system
13. Institute a vigorous programme of education & self –
improvement for everyone
14. Put everybody in the company of work accomplishing the
Transformation
Lohith Shetty PGDPM, MSW(HRD), MBA(Hospital Mgt)

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Core theories of management

  • 1. CORE THEORIES OF MANAGEMENT I. Basic Functions of Management (POSDCORB) P lanning O rganising S taffing D irecting Co O rdinating R eporting B udgeting II. SWOT Analysis S trength Weakness O ppetunity T hreat III. SMART Goals S pecific M easurable A chievable R elavant T ime Bound IV. Deming’s Chart (PDSA) for introducing new or making change P lan D o Lohith Shetty PGDPM, MSW(HRD), MBA(Hospital Mgt)
  • 2. S tudy A ct V. PERT Analysis - Programme Evaluation Review Technique VI. (WBS) - Work Breakdown Structure VII. (CPM) - Critical Path Method VIII. 5S – Seiri = Tidiness / Seiton = Orderliness / Seiso = Cleanliness / Seiketsu = Standardisation / Shitsuku = Discipline TQM by 14 Management Practices 1. Create constancy of purpose for improving products & services 2. Adopt the new Philosophy 3. Cease dependence on inspection to achieve quality 4. End the practice of awarding business on price alone, instead minimize total cost by working with a single supplier 5. Improve constantly & forever every process of planning, production & service 6. Adopt & institute Leadership Lohith Shetty PGDPM, MSW(HRD), MBA(Hospital Mgt)
  • 3. 7. Institute Training on the job 8. Drive out Fear 9. Break down barriers between staff areas 10. Eliminate slogans, exhortations & targets for the work force 11. Eliminate numerical quotas for the workforce & numerical goals for the managers 12. Remove barriers that rob people of pride in workmanship & eliminate annual rating or merit system 13. Institute a vigorous programme of education & self – improvement for everyone 14. Put everybody in the company of work accomplishing the Transformation Lohith Shetty PGDPM, MSW(HRD), MBA(Hospital Mgt)