Strategic management involves 9 critical tasks including formulating the company's mission, conducting internal and external analyses, identifying strategic options, selecting long-term objectives and strategies, and implementing and evaluating the strategic process. It operates at 3 levels - the corporate level which determines the business, the business unit level which translates strategies, and the functional level which develops short-term strategies. Benefits include enhancing problem prevention, generating better decisions through group interaction, reducing gaps and overlaps, and reducing resistance to change.
This is a presentation on Principles of Business Management. This presentation is based on syllabus of Pt. Ravi Shankar University,Raipur and Durg University, Durg. It is a brief presentation of all the aspects, functions and basic principles of business managaement.
Fayol explained what amounts to managers work and what principles should be followed in doing this work. If workers efficiency mattered in the factory system , so does the managerial efficiency.
Fayol was the first to identify four functions-Planning , Organizing ,Directing and Controlling.
The 14 principles of management propounded by him were discussed in detail in his book published in 1917 , ‘Administration industrielle et generale’.
Presentation on Principles of Management: Features and Significance of Principles of Management, Principles of Management given by Henry Fayol and Scientific Management given by FW Taylor.
This document provides definitions and principles of management. It begins by defining management as the manipulation of resources (the 7Ms) to achieve objectives. It then lists several additional definitions of management as the process of getting activities completed efficiently and effectively with others, designing and maintaining an environment where groups accomplish aims, and creating, directing and operating organizations through coordinated human effort. Key principles discussed include the 7 principles of management, effectiveness as achieving objectives within resources, efficiency as achieving objectives at lowest cost, and the universality of management across organizations. The document outlines inputs, outputs, and stakeholders in an organization, as well as closed and open systems. It concludes with an exercise to identify inputs and outputs in a cooperative framework.
This document provides an overview of management topics including:
- The key resources that managers oversee: financial, physical, information, and human
- Traditional vs contemporary management approaches
- The importance of management for businesses and society
- Core management roles like planning, organizing, leading, and controlling
- Managers' responsibilities to stakeholders regarding issues like social justice, sustainability, compliance with law, and codes of practice.
Strategic management involves 9 critical tasks including formulating the company's mission, conducting internal and external analyses, identifying strategic options, selecting long-term objectives and strategies, and implementing and evaluating the strategic process. It operates at 3 levels - the corporate level which determines the business, the business unit level which translates strategies, and the functional level which develops short-term strategies. Benefits include enhancing problem prevention, generating better decisions through group interaction, reducing gaps and overlaps, and reducing resistance to change.
This is a presentation on Principles of Business Management. This presentation is based on syllabus of Pt. Ravi Shankar University,Raipur and Durg University, Durg. It is a brief presentation of all the aspects, functions and basic principles of business managaement.
Fayol explained what amounts to managers work and what principles should be followed in doing this work. If workers efficiency mattered in the factory system , so does the managerial efficiency.
Fayol was the first to identify four functions-Planning , Organizing ,Directing and Controlling.
The 14 principles of management propounded by him were discussed in detail in his book published in 1917 , ‘Administration industrielle et generale’.
Presentation on Principles of Management: Features and Significance of Principles of Management, Principles of Management given by Henry Fayol and Scientific Management given by FW Taylor.
This document provides definitions and principles of management. It begins by defining management as the manipulation of resources (the 7Ms) to achieve objectives. It then lists several additional definitions of management as the process of getting activities completed efficiently and effectively with others, designing and maintaining an environment where groups accomplish aims, and creating, directing and operating organizations through coordinated human effort. Key principles discussed include the 7 principles of management, effectiveness as achieving objectives within resources, efficiency as achieving objectives at lowest cost, and the universality of management across organizations. The document outlines inputs, outputs, and stakeholders in an organization, as well as closed and open systems. It concludes with an exercise to identify inputs and outputs in a cooperative framework.
This document provides an overview of management topics including:
- The key resources that managers oversee: financial, physical, information, and human
- Traditional vs contemporary management approaches
- The importance of management for businesses and society
- Core management roles like planning, organizing, leading, and controlling
- Managers' responsibilities to stakeholders regarding issues like social justice, sustainability, compliance with law, and codes of practice.
Management involves working with others to achieve organizational objectives efficiently. It is a continuous process that includes planning, organizing, staffing, directing, and controlling. Management has several key features - it is goal oriented, pervasive, multidimensional, dynamic, and an intangible force. The objectives of management include organizational objectives to maximize profits, social objectives to benefit society, and personal objectives to satisfy employee needs. Management can be viewed as an art that requires skills and creativity, a science with systematic principles, and a profession with defined roles and ethics. Management occurs at multiple levels, including top management that sets strategy, middle management that implements plans, and supervisory management that oversees operations.
This document provides an overview of management concepts and the evolution of management theories. It defines management as the process of planning, organizing, staffing, directing and controlling human efforts to achieve organizational goals. The key points made in the document are:
1) Management is a goal-oriented, universal, continuous process that is both an art and a science. It involves integrating individual and organizational goals.
2) The functions of management include planning, organizing, staffing, directing, and controlling. Planning involves deciding goals and courses of action, organizing is setting up the organizational structure, staffing is recruiting employees, directing is guiding employees, and controlling is monitoring progress.
3) Management occurs at multiple levels including top
The document discusses the basics of management including its three main fields, functions, and definitions. It provides definitions of management from various authors that center around establishing goals, developing strategies to achieve goals, and coordinating activities. Management is described as the art of getting work done through others. The document also outlines six guidelines for effective management put forth by management professor George Miller. These guidelines focus on manager accountability, prioritizing management work, achieving coordination, unleashing employee creativity, and adjusting performance evaluations based on a company's growth stage.
This document provides an overview of management concepts including definitions, functions, theories, and approaches. It discusses early management theorists like Taylor, Fayol, and Weber and their contributions. Total Quality Management and continuous improvement approaches from Deming and Juran are also summarized. The document outlines management roles, skills, and functions. It concludes with an introduction to organizational behavior and a brief definition of SWOT analysis.
Concept nature and principles of managementAyaz Akhtar
The document discusses the concept, nature, and principles of management. It defines management as the process of achieving organizational goals through planning, organizing, staffing, leading, and controlling resources. Some key principles discussed include: specialization of labor, unity of command, discipline, and maximizing efficiency. The document also contrasts management with administration and explains management as both an art and a science.
This document provides an overview of management concepts including definitions, functions, approaches, theorists, and levels. It defines management as the acts of getting people together to accomplish goals and objectives using planning, organizing, staffing, leading, and controlling. The four main functions of management are identified as planning, organizing, leading, and controlling. Classical and modern approaches to management thought are described including scientific management by Taylor and administrative management principles by Fayol. Management hierarchy and skills required at different levels are also summarized.
The document defines key terms related to management including organization, managers, and the management process. It discusses different levels of managers from first-line to top managers. It also summarizes that management involves getting work done through others effectively and efficiently. The management processes of planning, organizing, leading, and controlling are outlined. Finally, it discusses whether the manager's job is universal and skills important for managers.
This document provides an introduction to principles of management. It defines management as coordinating work through people to achieve goals efficiently and effectively. Studying management is important for understanding organizations. An organization requires people, processes, and a common purpose. Management can be viewed as both a science, with a body of organized knowledge, and an art that requires personal skills. Managers work with people to coordinate their activities and accomplish goals using interpersonal, informational, and decision-making roles. Approaches to management have evolved over time from classical approaches emphasizing efficiency to more modern approaches considering human and situational factors.
Management is the basic need for every industry, but is more for the "tourism" sector as is a service industry where every work is done by the people for the people.
Tourism is a labor incentive industry, in which each and every activity is performed by the humans, hence, requires a more management skills than any other industry.
all basic concept of management. what is organization? what are organizational resources and how to manage them? what is management? how it is related to the other disciplines? who is manager?what are levels of managers? functions of managers? management styles and other concepts,
UNIT - I: OVERVIEW OF MANAGEMENT: Concept – Definition; Nature - Process and
Significance of Management; Managerial Roles (Mintzberg) - Trends and challenges of
Management in Global Scenario; An Overview of Functional areas of Management –
Marketing – Finance – Production – HRM – IT and R&D.
This document provides an overview of management concepts including:
- The difference between managers and operative employees and the three levels of managers.
- The four primary processes of management: planning, organizing, leading, and controlling.
- Mintzberg's 10 managerial roles including interpersonal, informational, and decisional roles.
- The four general skills necessary for managers: conceptual skills, interpersonal skills, technical skills, and political skills.
- Why the study of management is important as we will all either manage or be managed at some point in our careers.
The document discusses the evolution of several management theories from Scientific Management to Total Quality Management to Organizational Behavior. It traces the development of theories from a focus on work efficiency under Scientific Management to considering customer satisfaction and human behavior. Several theorists are credited with developing these theories including Taylor, Fayol, Deming, Juran, and others to improve organizational management over time.
The document provides information on the course "Management & Entrepreneurship" including:
1. The course code, department, and institution where it is offered. Textbooks and reference books for the course are listed.
2. Five course outcomes are outlined focusing on explaining key management concepts, roles and responsibilities, entrepreneurial qualities, and developing project proposals.
3. A brief overview of the course content is given including definitions of management, principles, approaches, and the evolution of management thought.
Management involves planning, organizing, staffing, directing and controlling human efforts to achieve organizational goals. It is the process of ensuring things get done efficiently and effectively. A manager's role is to manage resources like money, market, materials, methods and people. Management helps organizations function smoothly and utilize resources properly to be successful, just as individuals manage daily activities like budgeting and shopping. It is a systematic process that is flexible and adaptable to changing conditions.
Concept, nature & purpose of managementRobin Gulati
1. The document discusses the concepts, nature, and purpose of management. It outlines key terms like planning, organizing, staffing, leading, and controlling as important management functions.
2. Principles of management are proposed by theorists like Henry Fayol and F.W. Taylor to improve the effectiveness of managing organizations. Fayol suggests 14 principles including division of work, authority, and discipline.
3. Taylor's scientific management principles include developing the true science for each work element and selecting/training workers according to job requirements to maximize prosperity for both employers and employees.
This document is an excerpt from a textbook on principles of management. It introduces key concepts in management such as organizations, goals, resources, and the four functions of management: planning, organizing, leading, and controlling. It describes organizational performance in terms of efficiency and effectiveness, and explains managerial roles, skills, and challenges. The intended audience is students learning about foundational management principles.
This document provides an overview of management and managers. It defines management as the process of working with others to achieve organizational goals efficiently and effectively. Managers are important because their key roles include achieving objectives, optimizing limited resources, facilitating change, and fostering collaboration and teamwork. The document also identifies five major drivers of change for today's managers, the eight core management functions, Wilson's three managerial competencies, and common manager roles and responsibilities. Finally, it notes some rights managers lose when accepting their role, such as expressing personal opinions at work or resisting change.
What is Results Management White Paper 9-15Eric Hyman
This whitepaper discusses results management, which is a business philosophy and discipline for achieving management excellence through inspirational leadership and getting results through teams of people. It emphasizes that managers are responsible for delivering results. The whitepaper outlines that as organizations grow larger, more layers of management are needed to coordinate resources towards goals, with CEOs focusing more on leadership, line of business leaders on managing, and managers balancing managing, leading, and doing tasks. It presents results management as a process that all managers can implement to better plan, execute on, and monitor work to consistently deliver results.
This document provides an overview of a construction company called Kelana Mekar Sdn Bhd. It discusses the company's background, vision, mission, objectives, and organizational structure. It also describes the importance of management skills like technical, conceptual, and human skills for the construction industry. The four main management functions - planning, organizing, leading, and controlling - are explained in detail as critical processes for achieving goals effectively and efficiently. Overall, the document outlines the management approach and framework for Kelana Mekar as a construction firm.
Management involves working with others to achieve organizational objectives efficiently. It is a continuous process that includes planning, organizing, staffing, directing, and controlling. Management has several key features - it is goal oriented, pervasive, multidimensional, dynamic, and an intangible force. The objectives of management include organizational objectives to maximize profits, social objectives to benefit society, and personal objectives to satisfy employee needs. Management can be viewed as an art that requires skills and creativity, a science with systematic principles, and a profession with defined roles and ethics. Management occurs at multiple levels, including top management that sets strategy, middle management that implements plans, and supervisory management that oversees operations.
This document provides an overview of management concepts and the evolution of management theories. It defines management as the process of planning, organizing, staffing, directing and controlling human efforts to achieve organizational goals. The key points made in the document are:
1) Management is a goal-oriented, universal, continuous process that is both an art and a science. It involves integrating individual and organizational goals.
2) The functions of management include planning, organizing, staffing, directing, and controlling. Planning involves deciding goals and courses of action, organizing is setting up the organizational structure, staffing is recruiting employees, directing is guiding employees, and controlling is monitoring progress.
3) Management occurs at multiple levels including top
The document discusses the basics of management including its three main fields, functions, and definitions. It provides definitions of management from various authors that center around establishing goals, developing strategies to achieve goals, and coordinating activities. Management is described as the art of getting work done through others. The document also outlines six guidelines for effective management put forth by management professor George Miller. These guidelines focus on manager accountability, prioritizing management work, achieving coordination, unleashing employee creativity, and adjusting performance evaluations based on a company's growth stage.
This document provides an overview of management concepts including definitions, functions, theories, and approaches. It discusses early management theorists like Taylor, Fayol, and Weber and their contributions. Total Quality Management and continuous improvement approaches from Deming and Juran are also summarized. The document outlines management roles, skills, and functions. It concludes with an introduction to organizational behavior and a brief definition of SWOT analysis.
Concept nature and principles of managementAyaz Akhtar
The document discusses the concept, nature, and principles of management. It defines management as the process of achieving organizational goals through planning, organizing, staffing, leading, and controlling resources. Some key principles discussed include: specialization of labor, unity of command, discipline, and maximizing efficiency. The document also contrasts management with administration and explains management as both an art and a science.
This document provides an overview of management concepts including definitions, functions, approaches, theorists, and levels. It defines management as the acts of getting people together to accomplish goals and objectives using planning, organizing, staffing, leading, and controlling. The four main functions of management are identified as planning, organizing, leading, and controlling. Classical and modern approaches to management thought are described including scientific management by Taylor and administrative management principles by Fayol. Management hierarchy and skills required at different levels are also summarized.
The document defines key terms related to management including organization, managers, and the management process. It discusses different levels of managers from first-line to top managers. It also summarizes that management involves getting work done through others effectively and efficiently. The management processes of planning, organizing, leading, and controlling are outlined. Finally, it discusses whether the manager's job is universal and skills important for managers.
This document provides an introduction to principles of management. It defines management as coordinating work through people to achieve goals efficiently and effectively. Studying management is important for understanding organizations. An organization requires people, processes, and a common purpose. Management can be viewed as both a science, with a body of organized knowledge, and an art that requires personal skills. Managers work with people to coordinate their activities and accomplish goals using interpersonal, informational, and decision-making roles. Approaches to management have evolved over time from classical approaches emphasizing efficiency to more modern approaches considering human and situational factors.
Management is the basic need for every industry, but is more for the "tourism" sector as is a service industry where every work is done by the people for the people.
Tourism is a labor incentive industry, in which each and every activity is performed by the humans, hence, requires a more management skills than any other industry.
all basic concept of management. what is organization? what are organizational resources and how to manage them? what is management? how it is related to the other disciplines? who is manager?what are levels of managers? functions of managers? management styles and other concepts,
UNIT - I: OVERVIEW OF MANAGEMENT: Concept – Definition; Nature - Process and
Significance of Management; Managerial Roles (Mintzberg) - Trends and challenges of
Management in Global Scenario; An Overview of Functional areas of Management –
Marketing – Finance – Production – HRM – IT and R&D.
This document provides an overview of management concepts including:
- The difference between managers and operative employees and the three levels of managers.
- The four primary processes of management: planning, organizing, leading, and controlling.
- Mintzberg's 10 managerial roles including interpersonal, informational, and decisional roles.
- The four general skills necessary for managers: conceptual skills, interpersonal skills, technical skills, and political skills.
- Why the study of management is important as we will all either manage or be managed at some point in our careers.
The document discusses the evolution of several management theories from Scientific Management to Total Quality Management to Organizational Behavior. It traces the development of theories from a focus on work efficiency under Scientific Management to considering customer satisfaction and human behavior. Several theorists are credited with developing these theories including Taylor, Fayol, Deming, Juran, and others to improve organizational management over time.
The document provides information on the course "Management & Entrepreneurship" including:
1. The course code, department, and institution where it is offered. Textbooks and reference books for the course are listed.
2. Five course outcomes are outlined focusing on explaining key management concepts, roles and responsibilities, entrepreneurial qualities, and developing project proposals.
3. A brief overview of the course content is given including definitions of management, principles, approaches, and the evolution of management thought.
Management involves planning, organizing, staffing, directing and controlling human efforts to achieve organizational goals. It is the process of ensuring things get done efficiently and effectively. A manager's role is to manage resources like money, market, materials, methods and people. Management helps organizations function smoothly and utilize resources properly to be successful, just as individuals manage daily activities like budgeting and shopping. It is a systematic process that is flexible and adaptable to changing conditions.
Concept, nature & purpose of managementRobin Gulati
1. The document discusses the concepts, nature, and purpose of management. It outlines key terms like planning, organizing, staffing, leading, and controlling as important management functions.
2. Principles of management are proposed by theorists like Henry Fayol and F.W. Taylor to improve the effectiveness of managing organizations. Fayol suggests 14 principles including division of work, authority, and discipline.
3. Taylor's scientific management principles include developing the true science for each work element and selecting/training workers according to job requirements to maximize prosperity for both employers and employees.
This document is an excerpt from a textbook on principles of management. It introduces key concepts in management such as organizations, goals, resources, and the four functions of management: planning, organizing, leading, and controlling. It describes organizational performance in terms of efficiency and effectiveness, and explains managerial roles, skills, and challenges. The intended audience is students learning about foundational management principles.
This document provides an overview of management and managers. It defines management as the process of working with others to achieve organizational goals efficiently and effectively. Managers are important because their key roles include achieving objectives, optimizing limited resources, facilitating change, and fostering collaboration and teamwork. The document also identifies five major drivers of change for today's managers, the eight core management functions, Wilson's three managerial competencies, and common manager roles and responsibilities. Finally, it notes some rights managers lose when accepting their role, such as expressing personal opinions at work or resisting change.
What is Results Management White Paper 9-15Eric Hyman
This whitepaper discusses results management, which is a business philosophy and discipline for achieving management excellence through inspirational leadership and getting results through teams of people. It emphasizes that managers are responsible for delivering results. The whitepaper outlines that as organizations grow larger, more layers of management are needed to coordinate resources towards goals, with CEOs focusing more on leadership, line of business leaders on managing, and managers balancing managing, leading, and doing tasks. It presents results management as a process that all managers can implement to better plan, execute on, and monitor work to consistently deliver results.
This document provides an overview of a construction company called Kelana Mekar Sdn Bhd. It discusses the company's background, vision, mission, objectives, and organizational structure. It also describes the importance of management skills like technical, conceptual, and human skills for the construction industry. The four main management functions - planning, organizing, leading, and controlling - are explained in detail as critical processes for achieving goals effectively and efficiently. Overall, the document outlines the management approach and framework for Kelana Mekar as a construction firm.
Organizational leadership in the recruitment industryNandu Warrier
This document provides an overview of a session on organizational leadership challenges in the recruitment industry. The session aims to understand theories of leadership, competencies required of modern leaders, and challenges currently facing the recruitment industry. It outlines the session plan which covers definitions of leadership, major leadership theories, organizational leadership challenges, and leadership imperatives. It discusses traits of effective leaders, situational leadership theory, and challenges such as competitive environment and staff turnover. It emphasizes the need for leaders to develop skills like motivation, strategic thinking, and change management to address challenges through innovation, client value addition, and talent retention.
This document discusses the key principles and practices of management. It defines management as the process of decision making to achieve predetermined goals in the most effective and efficient way possible. It then lists the top ten global brands in 2012, and provides definitions of management, effectiveness, efficiency, and managerial roles. The four main functions of management are identified as planning, organizing, directing, and controlling. Each function is then briefly described.
The document discusses important factors that determine successful performance in work organizations. It identifies effective management, effective leadership, and people resource management through motivation and training as key factors. Effective management requires understanding what is being managed and coordinating planning, organizing, directing, and controlling functions. While early theories focused on efficiency, modern management must also consider people. Leadership goes beyond management to include driving change and initiatives. Motivation and training programs are also important to engage and develop employees. Overall, the document argues that these interrelated factors are necessary for organizations to achieve their goals and objectives.
The document discusses achieving managerial effectiveness through the planned behavior approach. It begins with an acknowledgement and table of contents. It then discusses what managerial effectiveness means, including achieving organizational goals and objectives. Key managerial skills are communication, listening, commitment to truth, empathy, persuasion, and leadership. The planned behavior approach for achieving managerial effectiveness includes behavior, normative, and control beliefs that influence intentions and actual behavior. The difference between effective and regular managers is also examined.
This document provides an introduction to management concepts. It includes:
- An overview of management functions like planning, organizing, leading, and controlling.
- A discussion of competitive advantages like cost, quality, speed, and innovation.
- Descriptions of different types of managers and the interfaces between operations and other business functions.
- An outline of course topics like operations management, the new era of management with globalization and technology, and class grading structures.
This document provides an overview of an operations management course taught at GITAM University in Bengaluru, India. It covers 5 units: (1) production and operations management, (2) production planning and control, (3) plant location, (4) productivity concepts, and (5) materials management. For each unit, it lists the topics that will be covered at a high level. It also provides background information on production and operations management, including definitions, the history and evolution of the field, and the scope and functions of production and operations management in organizations.
Peter Druckers' book, 'The Effective Executive' is a classic and insightful read. Learn what Drucker believes to be the 5 fundamental competencies of an effective leader.
The document discusses production and operations management across 6 units. It covers topics such as introduction to production functions, capacity and facility planning, process planning, work study, layout design, material requirements planning, quality control, and maintenance functions. The relationship between production/operations management and other functions like finance, marketing, research and development, and human resources is also described.
The document provides an introduction to a management course, outlining the key topics, learning outcomes, and assessment components. The course will cover 13 lectures on topics such as organizational structure, management theory, planning, motivation, leadership, and new product development. Students will be assessed through a final exam worth 50% and a group presentation worth 50%. Attendance will be taken at each class.
The document discusses the roles and responsibilities of managers at different levels in an organization. It identifies 17 common managerial roles grouped under the four main functions of management: planning, organizing, leading, and controlling. Some of the key roles discussed include strategic planner, motivator and coach, monitor, resource allocator, and team builder. The document also explains that management involves technical, interpersonal, conceptual, diagnostic, and political skills. Overall, the summary provides an overview of management functions, roles, and skills from a theoretical perspective.
This document discusses management skills and theories. It defines management as achieving goals through people and outlines management's key functions: planning, organizing, staffing, leading, and controlling. The document also discusses the objectives of management to meet goals, ensure staff welfare, and protect resources. Additionally, it explains that managers require different skills depending on their level in the organizational hierarchy, including technical, human, conceptual, and design skills. Coordination is emphasized as essential for managers to harmonize individual and organizational goals.
The document discusses principles of management. It defines management as the manipulation of resources (4Ms - men, material, money, machine) to achieve organizational objectives. The four functions of management are planning, organizing, leading, and controlling. Planning involves setting goals and strategies, organizing is determining tasks and structuring roles, leading uses influence to motivate employees, and controlling monitors activities to ensure plans are followed. Competitive advantage comes from managing costs, quality, speed, and innovation effectively.
Operations management 2 nd sem mba @ bec domsBabasab Patil
This document provides an overview of production and operations management across 6 units. It discusses key concepts like capacity planning, facility planning, process planning, work study, layout design, material requirement planning, inventory control, quality control and total quality management. The introduction defines management as a distinct process of planning, organizing, actuating and controlling to achieve stated objectives using resources. It outlines the main characteristics of understanding management.
Operations management 2 nd sem mba @ bec domsBabasab Patil
This document discusses production and operations management over 6 units. It introduces production and operations functions, the relationship between production and other functions, and the effect of time on operations management. It discusses the history of the field and contributors like Taylor who brought scientific management. It outlines the functions of production and operations management which include planning, organizing, staffing, directing, and controlling. It also describes the relationship between operations management and other functions like finance, marketing, R&D, and maintenance.
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.
This document provides an overview of business management concepts including definitions of management, management functions, and levels of management. It discusses management as a process of achieving goals effectively and efficiently through people using the functions of planning, organizing, staffing, leading, and controlling. It describes the three levels of management as top, middle, and lower/frontline management. It also introduces tools for project scheduling including precedence analysis, Gantt charts, and the PERT network planning model.
Peter Drucker was an influential management thinker. In his work "Managing for Results", he discusses eight perceptions of management including focusing resources on opportunities rather than problems. He advocates for management by objectives where employees and managers agree on clear objectives. Drucker also emphasizes the need for managers to focus on business effectiveness, make strategic decisions, and continuously develop their skills to address changing business needs. The presentation provides an overview of Drucker's influential work on modern management practices.
The document discusses India's Make in India initiative. Make in India aims to transform India into a global manufacturing hub by encouraging both domestic and foreign investment. Its objectives are to attract investment, build manufacturing infrastructure, foster innovation, improve ease of doing business, and develop skills. The program's advantages include new jobs, GDP growth, technology advancement, and rural development. Potential disadvantages include exclusion of agriculture, resource exploitation, and losses to small businesses and farmland.
Detention , seizure and release of goods and conveyances in transit
confiscation of goods and conveyances
prosecution
cognizance of offences
compounding of offences
The document discusses the roles and functions of a central bank. It provides that a central bank is the apex financial institution in a country that implements monetary policy and issues currency. It serves as a bank of issue, banker and advisor to the government, custodian of commercial bank reserves and foreign exchange reserves, lender of last resort, and controller of credit in the economy. The central bank also facilitates clearing and settlement between commercial banks. Maintaining price stability, exchange rate stability, employment maximization, and money market stabilization are key objectives of a central bank's credit control policies.
The document discusses the importance and techniques of leadership. It outlines seven key points of leadership's importance: initiating action, motivation, guidance, confidence, morale, work environment, and coordination. Effective leadership is important for maximizing efficiency and achieving organizational goals. The document also describes six techniques of leadership: framing policies with group consultation, developing voluntary cooperation, exercising authority when needed, building confidence, listening to subordinates, and following motivation principles. Overall, the conclusion is that leadership directs groups towards common goals by applying leadership attributes to create commitment and enthusiasm among followers.
Commercial And Non Commercial Advertising RuhaniSukhija
The document discusses commercial and non-commercial advertising. Commercial advertising is paid advertising done by businesses to promote products and attract customers. Its goal is to earn profits. Non-commercial advertising is done by organizations like charities, NGOs, and political groups to raise awareness for social causes and influence public opinion on issues like education, women's empowerment, and rural development. Unlike commercial ads, non-commercial ads aim to create social change rather than earn profits for businesses.
Pay per click advertising and how to create a websiteRuhaniSukhija
The document discusses creating a website and pay per click (PPC) advertising. It provides steps for creating a website, such as registering a domain name, finding web hosting, preparing content, and building the site. PPC advertising is described as a model where advertisers pay each time an ad is clicked. The document outlines the types of PPC ads, benefits of PPC including speed and precision, and disadvantages like cost and waste.
A team is a group of individuals, all working together for a common purpose. This Ppt derives a detail information on team building process and ats type with effective example by Tuckmans Model. it also describes about team issues and effective team work. Unclear Roles and Responsibilities of teams as well as individuals.
Originally presented at XP2024 Bolzano
While agile has entered the post-mainstream age, possibly losing its mojo along the way, the rise of remote working is dealing a more severe blow than its industrialization.
In this talk we'll have a look to the cumulative effect of the constraints of a remote working environment and of the common countermeasures.
Ganpati Kumar Choudhary Indian Ethos PPT.pptx, The Dilemma of Green Energy Corporation
Green Energy Corporation, a leading renewable energy company, faces a dilemma: balancing profitability and sustainability. Pressure to scale rapidly has led to ethical concerns, as the company's commitment to sustainable practices is tested by the need to satisfy shareholders and maintain a competitive edge.
Designing and Sustaining Large-Scale Value-Centered Agile Ecosystems (powered...Alexey Krivitsky
Is Agile dead? It depends on what you mean by 'Agile'. If you mean that the organizations are not getting the promised benefits because they were focusing too much on the team-level agile "ways of working" instead of systemic global improvements -- then we are in agreement. It is a misunderstanding of Agility that led us down a dead-end. At Org Topologies, we see bright sparks -- the signs of the 'second wave of Agile' as we call it. The emphasis is shifting towards both in-team and inter-team collaboration. Away from false dichotomies. Both: team autonomy and shared broad product ownership are required to sustain true result-oriented organizational agility. Org Topologies is a package offering a visual language plus thinking tools required to communicate org development direction and can be used to help design and then sustain org change aiming at higher organizational archetypes.
12 steps to transform your organization into the agile org you deservePierre E. NEIS
During an organizational transformation, the shift is from the previous state to an improved one. In the realm of agility, I emphasize the significance of identifying polarities. This approach helps establish a clear understanding of your objectives. I have outlined 12 incremental actions to delineate your organizational strategy.
Impact of Effective Performance Appraisal Systems on Employee Motivation and ...Dr. Nazrul Islam
Healthy economic development requires properly managing the banking industry of any
country. Along with state-owned banks, private banks play a critical role in the country's economy.
Managers in all types of banks now confront the same challenge: how to get the utmost output from
their employees. Therefore, Performance appraisal appears to be inevitable since it set the
standard for comparing actual performance to established objectives and recommending practical
solutions that help the organization achieve sustainable growth. Therefore, the purpose of this
research is to determine the effect of performance appraisal on employee motivation and retention.
A presentation on mastering key management concepts across projects, products, programs, and portfolios. Whether you're an aspiring manager or looking to enhance your skills, this session will provide you with the knowledge and tools to succeed in various management roles. Learn about the distinct lifecycles, methodologies, and essential skillsets needed to thrive in today's dynamic business environment.
Colby Hobson: Residential Construction Leader Building a Solid Reputation Thr...dsnow9802
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PRINCIPLES AND PRACTICES
OF MANAGEMENT
SU B MITTED TO : SU B MITTED B Y :
Ms. Rinkey Ruhani Sukhija
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NATURE AND SCOPE OF
MANAGEMENT
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Introduction
And Meaning
Effectiveness
and Efficiency
Some other
concepts of
management
CONTENTS
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INTRODUCTION
Management is defined as the
process of planning , organizing
and controlling an organisations
operations in order to achieve co –
ordination of the human and
material resources essential in the
effective and efficient attainment of
objectives .
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M
A
N
A
G
E
M
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N
T
BIG ORGANISATION SMALL ORGANISATION
PROFIT ORGANISATION
NON PROFIT ORGANISATION
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Plannin
g
Organisi
ng
Staffing
Directing
Controlling
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SUCCESS STORIES ACROSS THE GLOBE
Microsoft of USA became famous
IT company in the world and was
successfully managed by Bill
Gates
Bill Gates
Steve Jobs of USA promoted
and developed Apple
Industries and made it a world
leader in mobile phones
Steve Jobs
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Narain Murthy was the pioneer
in developing Infosys and
making it an international IT
company
Narain Murthy
Reliance Industries Ltd . Was initiated
by Late Dhiru Bhai Ambani and his
unique qualities of management made
it an international company .
Dhiru Bhai Ambani
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CONCEPTS OF MANAGEMENT
TRADITIONAL
CONCEPT
MODERN
CONCEPT
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TRADITIONAL CONCEPT
Management is
the art of
getting things
done from
others
MARY PARKER FOLLETT
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MODERN CONCEPT
Management is the art
of knowing exactly
what you want your
men to do and then
seeing that they do it
in the best and
cheapest way .
JAMES L. LUDURY
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Process
Efficient And
Effective
Performance
Achievement Of
Organisational
Goal
IMPORTANT TERMS
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EFFICIENT
AND
EFFECTIVE
PERFORM
NACE
ACHIEVEMENT
OF
ORGANISATIONS
GOALS
PROCESS
A process refers to
series of steps
necessary to get
things done
Modern concept
says that must be
efficient and
effective to
accomplish their
tasks
The goals of an organization should be achieved
effieciently and effectively .
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Effectiveness v/s Efficiency
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EFFECTIVENESS EFFICIENCY
It refers to completion of task within
time
It refers to completion of task
concerned with minimum cost
It is concerned with end result i.e.
completion of task
It is concerned with cost benefit
analysis , using less resources and
getting maximum output .
It is a multidimensional concept which
cannot be measured by a single
criteria
Efficiency can be measured by cost
benefit analysis .
It is a very broad concept . It is concerned with economic and
technical aspects of organization .
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SOME OTHER CONCEPTS OF MANAGEMENT
Management as
an economic
resource
Management
as a discipline
Management
as a process
Management as
an art of getting
things done
Management
as a team Management as a
human resource
Management
as an activity
Management
as a creative
process