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Management Basics
What is Management ???

Is

the process of using what you have
{ RESOURCES }, to do what you
want to do …. {GOALS}
Resources {Assets}
7 categories of resources:
People
Money
Time
Work Procedures
Energy
Materials
Equipment
Goals
Profit

Levels or Maximum cost levels
Maintenance or growth of financial
strength
Quality standards
Guest employee & management concerns
Professional obligations
Societal concerns
It is a multipurpose organ that manages
business & manages managers & manages
worker & work.
The Management process…..
on
isi s
v
Re plan
in

in
ge s e s
han dur
C ce
pro


ADMINISTRATION

MANAGEMENT
ORGANIZATION

Confusion ……….????
Organization

determines network or
structure establishes or relationships
among individuals.

Administration

refers to management
functions of planning & control
Administrative

mngt
Management
Operative Mngt
Administration:

Concerned with laying down of
corporate policy, obtaining finance, production
& distribution.
Management: Concerned with actual execution
of policies within limits set by administration.



Organization: Combines the work in such a way
with individuals/groups that duties formed
provide best possible application of available
effort


Levels of Management

Non Management Employees
Administrative



Board of directors

CEO


Functional Top Execs



ExecssM



Middle Level Execs

 First_Line Suupervisors
Management

First Line Supervisors
Traits of a manager
 Best

Traits
Fair/just in decisions
Trusting/trusted at the same time
Caring & analytical in thought
Empowering & capable/responsible
Always punctual

 Worst

Traits

Deceitful
Dishonest
Shows favouritism
Lazy
Unorganized
Skills of a manager ……..
Human

Resource Skills

Technical

Skills

Conceptual

Skills
Conceptual

Human resource
Board of directors

CEO
Functional Top Execs
Technical

Middle Level Execs
First Line Supervisors
IS management an art or science ?
ART:

Because it depends on the skills,
aptitude & creativity of the manager

SCIENCE:

Because there is considerable
knowledge in the field of management
with basic principles for guidance of basic
activities.

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Management basics