2. What is Management?
Management is a process which involves
planning, organizing, directing & controlling
human efforts for the accomplishment of
given tasks. Management brings together
basic resources popularly known as 6m’s –
Men, Material, Machines, Methods, Money &
Market. It motivates the people to perform
specific jobs.
3. Definition of Management
Management is not only a multipurpose
organization that manages business but is a
process of designing & maintaining an
environment in which individuals working
together in groups, efficiently accomplish
selected aims.
5. Introduction to Chirag Inform
CHIRAG INFORM is information solutions equip
business decision makers with most extensive
corporate data base available in India
Our main objective is to work with you to help
solve your most complex business challenges.
Established in 1983 with a modest beginning
CHIRAG INFORM, a leading Business Information
Company and has almost in past, 20 years of
experience
6. PLANNING
Planning is the primary function of management, it
is the first step in management process.
A plan is today's projection for tomorrow’s activity
7. Definition of Planning
Planning not only means goals step
by step but it is the selection & relating of
facts & the making & using of assumptions
regarding the future, in the visualization &
formulation of activities believed necessary to
achieve desired results.
8. STRATEGIC PLANNING OF
CHIRAG INFORM
The real benefit of the strategic planning process is the
process, not the plan document.
There is no "perfect" plan. There's doing your best at
strategic thinking and implementation, and learning from
what you're doing to enhance what you're doing the next
time around.
The strategic planning process is usually not an "aha!"
experience. It's like the management process itself --
it's a series of small moves that together keep the
organization doing things right as it heads in the right
direction.
In planning, things usually aren't as bad as you fear nor
as good as you'd like.
Start simple, but start!
9. Planning should be conducted
by a planning team.
The chief executive and board chair should be
included in the planning group, and should drive
development and implementation of the plan.
Establish clear guidelines for membership, for
example, those directly involved in planning,
those who will provide key information to the
process, those who will review the plan
document, those who will authorize the
document, etc.
A primary responsibility of a board of directors
is strategic planning to effectively lead the
organization.
Involve at least those who are responsible for
composing and implementing the plan.
10. ORGANIZING
Organization is not just the formation of every
human association for attainment of a common
purpose but is the process of identification &
grouping the work to be performed, defining &
delegating responsibility for the purpose of
enabling people to work most effectively
together in accomplishing objectives.
Organizing is the act of rearranging elements
following one or more rules. It can also be seen
as the opposite of messing up.
11. Structure
A set of formal tasks assigned to individuals
and departments.
Formal reporting relationships, including lines
of authority, decision responsibility, number
of hierarchical levels and span of managers
control.
The design of systems to ensure effective
coordination of employees across departments.
12. Importance of Organizing
Organisations are often troubled by how to
organise, particularly when a new strategy is
developed.
Changing market conditions or new technology
requires change.
Organisations seek efficiencies through
improvements in organising.
13. CONTROLLING
The controlling process ensures that plans are
being implemented properly
Effective control systems use mechanisms to
monitor activities and take corrective action, if
necessary.
Feedforward controls focus on operations before
they begin. Their goal is to prevent anticipated
problems
Concurrent controls apply to processes as they
are happening
14. LEADERSHIP
“Boss says go and the leader says lets go”
Leadership is the capacity to translate vision
into reality
Leadership cannot be taught but it is to be
learned
Reason and judgment are the qualities of a
leader
15. MOTIVATION
Motivation refers to the initiation, direction,
intensity and persistence of behaviour
Motivation is having the desire and willingness to
do something
A motivated person can be reaching for a long-
term goal such as becoming a professional writer
or a more short-term goal like learning how to
spell a particular word.
16. Objective behind Motivation
Direct behaviour toward particular goals
Lead to increased effort and energy
Increase initiation of, and persistence in, activities
Enhance cognitive processing
Determine what consequences are reinforcing
Lead to improved performance.