Management involves getting work done through people by utilizing resources to achieve objectives. It is the process of creating an environment where individuals and groups can work efficiently to attain goals. Industrial management facilitates the creation of management systems to coordinate operational activities and resources in organizations. It takes a structured approach to manage factory operations. Industrial management applies functions like planning, organizing, and controlling to activities such as production, operations, quality, costs, and maintenance. Approaches to industrial management have evolved from classical to neoclassical to systems-oriented perspectives.

1. Industrial Management
Lecture 1
By : Tanya Mathur

2. MANAGEMENT
• Management is an art of getting things done
through people
• Management is a process of accomplishing
certain objectives through the utilization of
human and other resources.

3. Definition
Management is the creation and maintenance
of an internal environment in an enterprise
where individual, working in groups, can
perform efficiently and effectively towards
attainment of group goals.

4. Management as a process

5. IMPORTANCE OF MANAGEMENT
• For the accomplishment of the goals.
• For effective utilization of the resources.
• Sound Organization.
• Providing vision &Foresight.
• For the harmony in work.
• To help employees in achieving personal
objective.
• Development of the society and nation.

6. INDUSTRIAL MANAGEMENT
• Industrial management is now a branch of
engineering which facilitates creation of
management system and integrates same with
people and their activities to utilize the
resources.
• Industrial management is structured approach
to manage the operational activities of the
organization.

7. Need of industrial management
• To ensure maximum output with minimum cost of production.
• To ensure that activities of different individuals are
coordinated to attain the common purpose in the factory.
• Goods are produced and delivered on the promised dates.
• Goods are manufactured in strict specification of customer’s
orders.
• Proper accounting, reporting and controlling the operations in
the factory.
• To prevent wastage and losses.
• Quality products.
• Utilization of full capacity of the factory.
• Innovation

8. Scope of industrial management
• Industry Planning
• Industry Organization
• Factory Management
• Materials Management
• Labor Administration
• Industry Control

9. Application of Industrial Management
Planning Function
• For Designing Conversion
System
• For Scheduling Conversion
System
Organizing Function
• Structuring of Operation
Staffing
• Job & Work Design.
• For Production & Operation
Standard.
• For Payment system.
Controlling Function
• Quality
• Quantity
• Time
• Inventory
• Cost
• Maintenance

10. Development of Industrial
Management.
Three Basic Approaches :
• Classical Approach
• Neo Classical
• System Approach

11. Classical Approach
Contributions
• Emphasis on division of
work, specialization and
processes.
• Efficiency of the
organization can be
increased by making each
individual efficient.
• Based on centralization of
authority
Criticism
• Ignores human relations
• Strict rules and
regulations
• Closed system
organization

12. Neo Classical Approach
Contributions
• Social System
• Social Environment
• Leadership
• Communication
Criticism
• Limited Application
• Lack of scientific Validity
• Invalid Assumption
• Fragmental Approach

13. Systems Approach
TRANSFORMATION
PROCESS
ENVIRONMENT
INPUT
OUTPUT
FEEDBACK

14. System Approach Contd.
Contribution
• Interacting Elements
• Vulnerable to changes
in the Environment.
Critics
• Failed to specify the
nature of Interaction
and Interdependencies.
• Does not apply tools
and techniques for
analysis.

15. Difference Between
Management Administration
(To be done at home and
will be discussed in next
class.)