This document discusses the definition and key principles of management. It defines management as the process of planning, organizing, directing, and controlling resources to achieve organizational goals. Some benefits of effective management are achieving goals, increasing efficiency, and optimizing resource utilization. The document then discusses lessons that can be learned from sports management, including knowing the objectives and rules of the business, having a strategy to succeed, working as a team, rewarding performance, seizing opportunities, and effectively managing time.

1. Yamini Panta
Pawan
Bikram Shah
TEAM 6

2. What is MANAGEMENT?
Management is the art of getting done
things done through others.
Management means directing
and controlling a group of one
or more people or an
organization to reach a goal.
Management is the process
of planning, organizing,
directing and controlling
the human and non-human
resources to achieve the
organizational goals.

3. It helps to achieve the goals.
Increases Efficiency.
For Optimum Utilization
of Resources.
Social benefits.
Management creates
Dynamic environment.

4. Management Lessons from Sports
Know the name of the
Game
Know the rules of the Game
Know how to win the Game
Know the score
Work as Team
Reward the team
Taking Chance of
opportunity
Time Management

5. A business person should
have enough knowledge
about the business which is
being run.
A manager should have
knowledge about the rules of
the business.
1. KNOW THE NAME OF THE GAME
2. KNOW THE RULE OF
THE GAME

6. The Business Person should always
be ready to be succeed in business.
For this he should have planning,
strategies etc.
Like in sports, the business person
also should aware about the target to
win the peers group. Then only,
business can lead the market.
3. KNOW HOW TO WIN THE GAME
4. KNOW THE SCORE

7. Without a good team building,
sports can not played well.
Like this, team work and good
co-ordination is essential to
achieve the business goal.
Like in sports, the winner gets
the reward and player playing
in wrong way gets punished.
Then only game could be
played in proper manner.
5. WORK AS TEAM
6. REWARD & PUNISHMENT

8. Opportunity never come
back.
Like in sports, We have to
take the chance of the
opportunities immediately
in sports otherwise
competitor will take
advantage over there.
So, same in business also.
7. TAKING CHANCE

9. Time management is the
another important aspect
of Management.
Know the value of time
In spots, 1 second is also
important to be success
Like, we can learn a
lesson of time
management in
business.
8. TIME MANAGEMENT