The document discusses the principles of management. It states that management involves the key functions of planning, organizing, actuating, and controlling. It also identifies the six resources ("Ms") that are subjected to these management functions: men and women, materials, machines, methods, money, and markets. The purpose is to determine goals and utilize resources efficiently and effectively to achieve stated objectives. The functions are further defined as planning objectives and actions, organizing work distribution and relationships, actuating group members to carry out tasks, and controlling activities to conform to plans.

1. Principles
Of
Management
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Planning,
Organizing,Actuating,And
Controlling

2. Management is a distinct process consisting of
activities of PLANNING, ORGANIZING,
ACTUATING, and CONTROLLING, performed
to determine and accomplish stated objectives with
the use of human beings and other resources
Principles of Management
www.creatingdemand.org Copyright 2013-2014 Presentation by: Sachin Bansal
Principles of Management Planning,Organizing,Actuating,AndContro

3. Six Ms of management or basic resources
MEN& WOMEN
MATERIALS
MACHINES
METHODS
MONEY
MARKETS
are subjected to the fundamental functions of Planning, Organizing,
Actuating ,and controlling to achieve stated objectives
Principles of Management
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Principles of Management Six Ms of management
Copyright 2013-2014 Presentation by: Sachin Bansal

4. Determine worthwhile goals and carefully
selecting and utilizing resources efficiently
and effectively
Principles of Management
www.creatingdemand.org Copyright 2013-2014 Presentation by: Sachin Bansal
Principles of Management Determine worthwhile goals

5. FUNCTIONS:
1. Planning- to determine the objectives and the course of action to be
followed.
2. Organizing- to distribute the work among the group members and to
establish and recognize needed relationship.
3. Actuating- the members of the group to carry out the prescribed tasks
willingly
4. Controlling- the activities to conform with the plans
Principles of Management
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Principles of Management Functions

6. MANAGEMENT IS ABOUT COPING WITH NEW
SITUATIONS, IT IS ABOUT LEVERAGING existing
arrangements to get the best out of the system.
Principles of Management
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Principles of Management Coping with new situations

7. It is about seeking the wood from the tree, it is about leading
teams, being a key player in the team and it is about
motivating people and taking them along.
Principles of Management
www.creatingdemand.org Copyright 2013-2014 Presentation by: Sachin Bansal
Principles of Management Coping with new situations

8. Management is about people; of factors that affect them. It is
about motivating them, keeping them charged up , rewarding
them for their efforts, resisting negative tendencies, all with
the view of achieving ever higher levels of excellence .
Principles of Management
www.creatingdemand.org Copyright 2013-2014 Presentation by: Sachin Bansal
Principles of Management Higher levels of excellence

9. These imperatives of management have been put to severe
test with the economy , industry, and the government on a
major churn with the advent of the new economy, preceded
by the dawn of electronic age and that of the information
age
Principles of Management
www.creatingdemand.org Copyright 2013-2014 Presentation by: Sachin Bansal
Principles of Management Higher levels of excellence

10. Reputation to overall gains
www.creatingdemand.org Copyright 2013-2014 Presentation by: Sachin Bansal
Strategically connected with clients, engaging and
involving them:
•How to get closer to customers?
•To build brand awareness and enhance loyalty?
•To position new products and services for the effective
market penetration?
•To fulfill what customers really desire?
Specialties
Brand Strategy, business entry & planning, product
development, internet marketing, trade distribution,
public private partnerships, sustainable tourism
management and investment promotion.
Crafting, Operationalizing and
Implementing Growth
Strategies to maximize
opportunities in emerging
geographies;
experience as my strong
resource and capability
Sachin Bansal
Enhancing business profitability

11. SACHIN BANSAL- Chief Explorer
INDIA : +91 97111 90192
sb@creatingdemand.org
www.creatingdemand.org
facebook.com/creatingdemand
DELHI LONDON MELBOURNE NEW
YORK ITALY
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Enhancing business profitability….
Copyright 2013-2014 Presentation by: Sachin Bansal