Management involves planning, organizing, leading, and controlling resources to achieve organizational goals. It is the process of accomplishing work through others by utilizing available resources efficiently and effectively. Management can be defined in several ways but fundamentally it involves coordinating efforts to direct people and resources towards desired ends. Key aspects of management include it being a process, an art as well as a science, following professional and established principles, and being dynamic, group-oriented and results-focused.

1. MANAGEMENT PROCESS
Think beyond imagination….

2. WHAT IS MANAGEMENT?
Management is an art of getting things done through
others.
 It is social & technical process that utilizes resources,
determines human actions & incorporates changes in
order to accomplish goals.
 Rightly Management has come into its own,like other
leading professions such as medical, engineering & law
has achieved this distinction within a comparatively
short time.


3. VARIOUS DEFINITIONS:
“Management is a multi-purpose organ that manages
business, manages managers & manages workers &
work”-Peter Drucker
 “To manage is to forecast & to plan, to organize, to
command, to co-ordinate & to control”
- Henri Fayol
 “Management is the art of getting things done through &
with people in formally organized groups”
--Mary Parker Follett & Harrold Koontz
 “Management is the process of accomplishment of
results through the efforts of other people”
-Lawrence Appley


4. CONCEPT OF MANAGEMENT:
1.Management is a Process:
Role of a Manager as follows
Plan the activities
Organize the resources
Direct the subordinates
Control the activities

5. 
2.Management is an art as well as a Science:
By using proper knowledge & available resources a
manager can make an activity work better. Hence it is a
science.
3.Management follows professional approach:
A professional manager is who:

Delegates
Authority
Encourages
initiative
attitude
Invites
suggestions
of
subordinates
Provides
training to
employees

6. 4.Management is Intangible:
Management can be seen in form of results. Results
such as high productivity & efficiency, disciplines
Workforce, cordial relations in organization gives the
presence of Management.

5.Management is Group activity:
The combines & collective efforts of the team brings
Success to the organization. A single manager
however efficient & capable can’t attain
organizational goals without support of other
Managers or his subordinates.


7. 6.Management is result oriented:
Management stresses on result orientation not on
activities. Results may lead to ultimate goals like:

Reduction
in
wastages
Optimum
utilization
of
resources
Motivated
workforce
Higher
efficiency

8. 
7.Management follows established principles:
Division of
Division of
Work
Work
AuthorityAuthorityResponsibilit
Responsibilit
y Balance
y Balance
Discipline
Discipline
Unity of
Unity of
command
command

9. 8.Management is Dynamic in Nature:
To manage means to be creative & innovative. How
successful an organization would be largely depends
upon innovation.
 Managers need to have:
 New & creative ideas.
 New & better products.
 Cost effective process.


10. NEED & IMPORTANCE OF
MANAGEMENT:
1.To facilitate optimum utilization of resources.
Resources such as men, money, materials, machines..
2.To generate efficiency.
Lesser the cost-Higher the returns, this leads to
efficient organization
3.To motivate personnel.
The success of management is reflected from the
performance of their workforce.

11. 4.To encourage Initiative.
Through individual upliftment, group benefits which
leads to organizational growth & development.
5.To develop team spirit.
Through team efforts an organization can achieve
growth.
6.To facilitate innovation.
Modern management demands managers to bring in
innovation in their regular work tasks & decision
making to solve business complications.

12. 7.To improve technology.
Innovative ideas lead to break-through in technology
which if incorporated in an efficient manner by the
management leads to growth & stability to the
organization.
8.To maintain good relations.
Proper communication, directions & leadership on the
part of managers, lead to good relationship between
subordinates & managers. This leads to organizational
growth.

13. 9.To facilitate growth & expansion.
Good managers actively invade & commit toward
organizational goals.
10.To assist society.
Managers at large have to incorporate CSR(Corporate
Social Responsibility) techniques that lead
organization towards making a goodwill & brand
image.
11.To create corporate image.
Effective management maintains & develops a brand
image of the company.

14. HENRY FAYOL’S PRINCIPLES OF
MANAGEMENT
1.
Division of work
2.
Authority & Responsibility
3.
Discipline
4.
Unity of command
5.
Unity of direction
6.
Subordination of Individual interest to General interest
7.
Remuneration of Personnel
8.
Centralization
9.
Scalar Chain
10.
Order
11.
Equity
12.
Stability
13.
Initiative
14.
Espirit De Corps (Team Spirit)

15. FUNCTIONS OF MANAGEMENT

16. PLANNING
Planning is the management function that involves:
-setting goals
-formulating missions
-making plans
-achieving goals


17. PLANNING PROCESS
The Mission of an organization is organizations purpose
or fundamental reason for existence.
 A goal is a future target or end result than an
organization wishes to achieve.
 A plan is the means devised for attempting to reach a
goal.
 Setting goals and developing plans will lead to goal
attainment ultimately organizational efficiency and
effectiveness.


18. ORGANIZING
An organization is a group of people working together to
achieve a common goal.
 Definition:
To organize a business is to provide it with everything
useful for its functioning such as raw materials, tools,
capital and personnel.
–Henry Fayol


19. TYPES OF ORGANIZATIONS
Line organization.
 Functional organization.
 Line and staff organization.
 Matrix organization.


20. LEADING
Leading is the management function that involves
influencing others to engage in the work behaviours
necessary to reach organizational goals.
 It includes communicating with others, providing
direction and motivating people.


21. LEADER’S SKILLS
Technical skills.
 Interpersonal skills.
 Conceptual skills.


22. CONTROLLING

Controlling is the management function aimed at
regulating organizational activities so that actual
performance meets the expected objectives and standards
of company.

23. FUNCTIONS OF MANAGEMENT:
P
O
S
D
C
 Co
D
M
R
B

Planning
Organizing
Staffing
Directing
Controlling
Co-ordinating
Decision making
Motivating
Reporting
Budgeting

24. LEVELS OF MANAGEMENT

25. TOP LEVEL OF MANAGEMENT

It consists of board of directors, chief executive or
managing director. The top management is the ultimate
source of authority and it manages goals and policies for
an enterprise. It devotes more time on planning and
coordinating functions.

26. MIDDLE LEVEL OF
MANAGEMENT

The branch managers and departmental managers
constitute middle level. They are responsible to the top
management for the functioning of their department.
They devote more time to organizational and directional
functions.

27. LOWER LEVEL OF
MANAGEMENT

Lower level is also known as supervisory / operative
level of management. It consists of supervisors, foreman,
section officers, superintendent etc. They are concerned
with direction and controlling function of management.

28. RELATIVE AMOUNT OF TIME THAT
MANAGERS SPEND ON THE FOUR
MANAGERIAL FUNCTIONS