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WELCOME
NEED FOR MANAGEMENT
DhruvinDoshi- 5428  Sahil Shah- 5435 MohitGoyal- 5401 Kiran Nair- 5436 RahulDhoka- 5439 Vishal  Kachhdiya-5415
Introduction To Management : ,[object Object],  practice where science, art and    crafts meet. ,[object Object]
Management is like a “Master Key”    to open all doors to success. ,[object Object],   is like a car without an engine.
DEFINITIONS:- Abedi  Agha  Hasan “The conventional definition of management is getting work done through people, but real management is developing people throughwork”
Stephen R. Covey  Management is efficiency in climbing the ladder of success
Paul  Hawken “Good management is the art of making problems so interesting and their solutions so constructive that everyone wants to get to work and deal with them.”
Characteristics of Management : ,[object Object]
 Group Activity.
Result oriented.
 Follows well established rules.
 Flexibility.
 Intangible.
 Universally applicable.
 Situational in nature.,[object Object]
Planning : “PLANNING IS LOOKING AHEAD” ,[object Object],    things In an orderly manner. ,[object Object],Determining the objectives. Deciding the course of action. Selecting the best course of action.
Organizing : ,[object Object],     business plan. ,[object Object],It’s a group activity. It’s a continuous process. Delegates duties and authorities.
Staffing : ,[object Object],    management. ,[object Object],Recruitment. Development and training. Motivating and rewarding.
Directing : ,[object Object]
 It involves instructing, guiding and inspiring    people. ,[object Object],Effective communication. Effective leadership. Maintaining discipline.
Co- ordinating : ,[object Object],     organisation.  ,[object Object],     purpose. ,[object Object],Top level co- ordinates activities of middle level. Middle level co- ordinates activities of lower level. Lower level co- ordinates activities of subordinates.
Controlling : ,[object Object],     corresponds to expected performance. ,[object Object],     corrective actions to assure  realisation of plan. ,[object Object],Standards Evaluation Corrective action
Management is an Art :
[object Object],    other management authors called management     as “The art of getting things done through people”. ,[object Object],Result oriented. Application and dedication. Innovation. Individual approach. Initiative. Intelligence.
Management is a Science :
[object Object],    perhaps the first person to consider management     as a science. ,[object Object]
Management is a social science due to:-Systematic  Decision Making Output may vary, input being same. Universally  followed process. Universally Accepted.
Management is a Profession:
[object Object]
 There is a debate whether management is       profession.  ,[object Object],     similarity:- Expert Knowledge.    Specialization.    Social  Responsibilty.
[object Object],      similarities:- Formal Education. Code of Conduct. Fees. License. Premises. ,[object Object],          Profession and partly Non Profession.
Levels of Management:
Top level Management:
[object Object]
They are responsible for framing plan and policies     of  organisation. ,[object Object],      It is more administrative than managerial. ,[object Object]
  It covers long span of period. It involves very few       people. ,[object Object],[object Object]
Middle level management:
[object Object],     level management. ,[object Object],      management. ,[object Object],      administrative. ,[object Object]
 It covers intermediate range.,[object Object]
Lower level of  Management:
[object Object],      routine work of firm. ,[object Object],      is more managerial than administrative.  ,[object Object]
  It consists large number  of persons.
  It  is easy evaluate its performance. It is concerned      with short period.
[object Object], Planning day to day work.  Carrying out instructions of middle level          management.  Alloting duties to workers, inspecting and         supervising  their work.  Attending the problems of workers and making        arrangement for their training and development.  To maintain discipline.  Create goodwill of the enterprise before workers.        and ensure safety of workers, machinery  and         tools.
Comparison with human  Body:
Need for management:
[object Object]
  Corporate image/Goodwill/Reputation.
 Team work.
  Motivation.
  Reduction in  labour   Turnover.,[object Object]
  Growth and expansion.

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introduction to management