Management involves achieving organizational goals through effective use of resources. It is both a science and an art, combining knowledge and skills. The document defines management according to several experts and discusses the importance, characteristics, levels, functions, challenges, and conclusion of management.

1. INTRODUCTION TO
MANAGEMENT Presented by
AKHILAMOL D
S6 EEE

2. CONTENTS
• Management
• Definitions
• Importance
• Characteristics
• Levels
• Functions
• Challenges
• Conclusion

3. Management
• Continuous process
• Aims at achieving the organisations goals
by ensuring effective use of resources
• combines features of both science as well
as art
• Science provides the knowledge
• Art deals with the application of knowledge
and skills

4. Definitions
• “Management is the art of getting things done through
and with people in formally organized groups”
--- Koontz
• “Management is the art of getting things done through
and with people”
--- Mary Parker
• “Management is the art of knowing what you want to
do and then seeing that it is done in the best and
cheapest way”
- -- F.W. Taylor

5. Contd..
• “Management is the accomplishment of
results through the efforts of other people”
--- Lawrence
• “Management is to manage is to forecast
and plan, to organize, to command, to
coordinate and control”.
-- Henry Fayol

6. Importance
• Attainment of group goals
• Effective functioning of business
• Resource development
• It control the organisation
• Minimize cost
• Communication

7. Characteristics
• Intangible
• Goal oriented
• Universal
• Needed at all levels
• Ongoing process
• Dynamic
• Multi-disciplinary
• Composite process

9. Functions
PLANNING
ORGANISING
STAFFINGDIRECTING
CONTROLLING

10. Challenges
• Quality and productivity
• Change in technology
• Change in environmental forces
• Lack of skills
• Market changes
• Ethical and social responsibility

11. Conclusion
• Management is the art and science of
preparing, organizing and directing human
efforts to control the forces and utilize the
material of nature for the benefit of men

12. THANK YOU