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1
PRINCIPLES AND PRACTICES
OF MANAGEMENT
SU B MITTED TO : SU B MITTED B Y :
Ms. Rinkey Ruhani Sukhija
2 0 11 4 7 4
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2
NATURE AND SCOPE OF
MANAGEMENT
2
Click to edit Master title style
3 3
Introduction
And Meaning
Effectiveness
and Efficiency
Some other
concepts of
management
CONTENTS
Click to edit Master title style
4 4
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 .
Click to edit Master title style
5 5
M
A
N
A
G
E
M
E
N
T
BIG ORGANISATION SMALL ORGANISATION
PROFIT ORGANISATION
NON PROFIT ORGANISATION
Click to edit Master title style
6 6
Plannin
g
Organisi
ng
Staffing
Directing
Controlling
Click to edit Master title style
7 7
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
Click to edit Master title style
8 8
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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9 9
CONCEPTS OF MANAGEMENT
TRADITIONAL
CONCEPT
MODERN
CONCEPT
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10
10
TRADITIONAL CONCEPT
Management is
the art of
getting things
done from
others
MARY PARKER FOLLETT
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11
11
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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12
12
Process
Efficient And
Effective
Performance
Achievement Of
Organisational
Goal
IMPORTANT TERMS
Click to edit Master title style
13
13
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 .
Click to edit Master title style
14
Effectiveness v/s Efficiency
14
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 .
Click to edit Master title style
15
15
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
Click to edit Master title style
16
16

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Nature And Scope Of Management

  • 1. Click to edit Master title style 1 PRINCIPLES AND PRACTICES OF MANAGEMENT SU B MITTED TO : SU B MITTED B Y : Ms. Rinkey Ruhani Sukhija 2 0 11 4 7 4
  • 2. Click to edit Master title style 2 NATURE AND SCOPE OF MANAGEMENT 2
  • 3. Click to edit Master title style 3 3 Introduction And Meaning Effectiveness and Efficiency Some other concepts of management CONTENTS
  • 4. Click to edit Master title style 4 4 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 .
  • 5. Click to edit Master title style 5 5 M A N A G E M E N T BIG ORGANISATION SMALL ORGANISATION PROFIT ORGANISATION NON PROFIT ORGANISATION
  • 6. Click to edit Master title style 6 6 Plannin g Organisi ng Staffing Directing Controlling
  • 7. Click to edit Master title style 7 7 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
  • 8. Click to edit Master title style 8 8 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
  • 9. Click to edit Master title style 9 9 CONCEPTS OF MANAGEMENT TRADITIONAL CONCEPT MODERN CONCEPT
  • 10. Click to edit Master title style 10 10 TRADITIONAL CONCEPT Management is the art of getting things done from others MARY PARKER FOLLETT
  • 11. Click to edit Master title style 11 11 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
  • 12. Click to edit Master title style 12 12 Process Efficient And Effective Performance Achievement Of Organisational Goal IMPORTANT TERMS
  • 13. Click to edit Master title style 13 13 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 .
  • 14. Click to edit Master title style 14 Effectiveness v/s Efficiency 14 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 .
  • 15. Click to edit Master title style 15 15 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
  • 16. Click to edit Master title style 16 16