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This document provides an overview of the key concepts in management. It discusses management as a process that involves planning, organizing, staffing, directing and controlling to efficiently achieve organizational goals. Effectiveness refers to completing the right tasks while efficiency means doing tasks in the right way with minimum cost. The document also examines management as a science, art, and profession. It describes the different levels of management and explains the importance of coordination across all levels.
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Management involves coordinating work activities to achieve organizational goals efficiently and effectively. It is the process of working with and through people and other resources. An organization consists of two or more people working together towards common goals in a structured manner. Managers at all levels aim for efficiency and effectiveness. They perform functions like planning, organizing, leading, and controlling. Studying management is valuable because good management is needed universally, it is integral to work, and management careers offer rewards and challenges.
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Presentation1.pptx
- 1. Syllabus of Nature and significant of Management • Management - concept, objectives, and importance • Understand the concept of management. • Explain the meaning of ‘Effectiveness and Efficiency. • Discuss the objectives of management. • Describe the importance of management. • Management as Science, Art and Profession • Examine the nature of management as a science, art and profession. • Levels of Management - Understand the role of top, middle and lower levels of management • Management functions-planning, organizing, staffing, directing and controlling • Explain the functions of management Coordination- concept and importance • Discuss the concept and characteristics of coordination. • Explain the importance of coordination.
- 2. • Management is a process of getting things done with the aim of achieving goals efficiently and effectively. “Management is the process of designing and maintaining an environment in which individuals, working together in a groups, efficiently accomplish selected aims”
- 3. • Process refers to series or sequence of steps Process • It is concerned with doing the right task Effectiveness • It refers to do the task in right way. Efficiency
- 4. Basis of Difference •Meaning •Objective •Main Consideration Effectiveness •It refers to completing the task on time, no matter whatever the cost •To achieve end result •Doing The right task Efficiency •It refers to completing the task with minimum cost , optimum utilization of resources. •To conduct cost benefit analysis. •Doing the task in right way.
- 5. 1. Management is goal oriented Process: An organisation has set of basic Goals which are the Basic reason for its existence. 2. Management is all pervasive: The activities involved in managing enterprise are common to all organizations whether economic, social , political. 3. Management is multidimensional: Management is a complex activity That has three main dimensions. These are: (a) Management of work