Management involves achieving goals efficiently and effectively through people. It includes planning, organizing, directing, coordinating, and controlling organizational resources. The key functions of management are planning, organizing, staffing, directing, and controlling. Planning involves setting goals and determining how to achieve them. Organizing involves coordinating resources and activities. Staffing involves selecting and developing personnel. Directing includes motivating and leading people. Controlling monitors performance to ensure goals are met. Management operates at different levels, with top managers setting strategy and lower managers overseeing operations. Financial, marketing, production, and human resource management are important scopes of management.
This documents provides a glance on the planning activity by illustrating the associated concepts such as,
Nature of Planning
Importance and purpose of planning process
Steps in Planning and Planning Premises
Types of plans
Objectives
Decision Making
Types of planning
Hierarchy of plans
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’.
This documents provides a glance on the planning activity by illustrating the associated concepts such as,
Nature of Planning
Importance and purpose of planning process
Steps in Planning and Planning Premises
Types of plans
Objectives
Decision Making
Types of planning
Hierarchy of plans
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’.
budgeting required in nursing
DEFINITION: Budgeting is an operational plan, for a definite period usually a year. Expressed in financial terms and based on the expected income and expenditure. Or Budgeting is a concrete precise picture of the total operation of an enterprise in monetary terms. By: H.M. Donovan
3. PURPOSE OF BUDGETING: Mechanism for translating fiscal objectives into projected monthly spending pattern. Enhances fiscal planning and decision making. Clearly recognizes controllable and uncontrollable cost areas.
4. Offers a useful format for communicating fiscal objectives. Allows feedback of utilization of budget. Helps to identify problem areas and facilitates effective solution. Provides means for measuring and recording financial success with objectives of organization.
5. PERQUISITES OF BUDGETING: ORGANIZATIONAL STRUCTURE: Need a sound organizational structure with clear line of authority and responsibility. NON-MONETARY STATISTICAL DATA: Such as number of admissions, average length of stay, percentage of occupancy and number of patient’s days. Used for planning and budgetary process
The document provides an introductory glimpse of management and the history of its evolution.The document also illustrates the nature, characteristics and importance of management. Various levels of management and managerial skills are also illustrated. The document also provides information to distinguish management and administration. Certain theories of pioneers are also mapped onto the document.
A process of monitoring , comparing ,correcting performance and taking action to ensure desired results.
It sees to it that the right things happen, in the right ways, and at the right time
INTRODUCTION to span of Control, DEFINITION, FACTORS AFFECTING SPAN OF CONTROL, 1) The ability of officers, 2) Availability of time for supervision:, 3) Nature of work:, 4) Plans for the enterprise:, 5) Ability and efficiency of subordinates:, 6) Techniques of control, 7) Degree of decentralization, 8) Service of experts, TYPES OF SPAN OF CONTROL, Narrow span of control and Wide span of control, Advantages and Disadvantages of narrow span and wide span of control
budgeting required in nursing
DEFINITION: Budgeting is an operational plan, for a definite period usually a year. Expressed in financial terms and based on the expected income and expenditure. Or Budgeting is a concrete precise picture of the total operation of an enterprise in monetary terms. By: H.M. Donovan
3. PURPOSE OF BUDGETING: Mechanism for translating fiscal objectives into projected monthly spending pattern. Enhances fiscal planning and decision making. Clearly recognizes controllable and uncontrollable cost areas.
4. Offers a useful format for communicating fiscal objectives. Allows feedback of utilization of budget. Helps to identify problem areas and facilitates effective solution. Provides means for measuring and recording financial success with objectives of organization.
5. PERQUISITES OF BUDGETING: ORGANIZATIONAL STRUCTURE: Need a sound organizational structure with clear line of authority and responsibility. NON-MONETARY STATISTICAL DATA: Such as number of admissions, average length of stay, percentage of occupancy and number of patient’s days. Used for planning and budgetary process
The document provides an introductory glimpse of management and the history of its evolution.The document also illustrates the nature, characteristics and importance of management. Various levels of management and managerial skills are also illustrated. The document also provides information to distinguish management and administration. Certain theories of pioneers are also mapped onto the document.
A process of monitoring , comparing ,correcting performance and taking action to ensure desired results.
It sees to it that the right things happen, in the right ways, and at the right time
INTRODUCTION to span of Control, DEFINITION, FACTORS AFFECTING SPAN OF CONTROL, 1) The ability of officers, 2) Availability of time for supervision:, 3) Nature of work:, 4) Plans for the enterprise:, 5) Ability and efficiency of subordinates:, 6) Techniques of control, 7) Degree of decentralization, 8) Service of experts, TYPES OF SPAN OF CONTROL, Narrow span of control and Wide span of control, Advantages and Disadvantages of narrow span and wide span of control
The main objectives of this course are to: 1. To conceptualize an idea about marketing and related terms 2. To provide insight about various forms and types of marketing 3. To analyze various components of marketing channels 4. To understand various concepts relating to consumer behavior 5. To introduce the components of marketing mix 6. To understand the importance of retailing in today’s context 7. To understand emerging marketing trends and regulatory mechanisms
This text covers Management overview and Managerial competencies . This is topic 1 under MAN 100 scope for November 2023. This module is offered by Stadio.
Introduction, Meaning, Nature, Characteristics of Management, Scope and Functional areas of management, Management as a science or art or profession, management & administration, Henry Fayol’s Principles of Management.
Concepts of Management,Theory & School of Management,.pptxParthGupta524776
Management is the process of planning, organizing, directing, and controlling resources (people, finances, materials, and information) to achieve organizational goals effectively and efficiently. It involves coordinating the efforts of people to achieve the goals and objectives of an organization using available resources efficiently. Management is essential at all levels of an organization and in all types of organizations, whether it's a small business, a government agency, a non-profit organization, or a multinational corporation.
Putting the SPARK into Virtual Training.pptxCynthia Clay
This 60-minute webinar, sponsored by Adobe, was delivered for the Training Mag Network. It explored the five elements of SPARK: Storytelling, Purpose, Action, Relationships, and Kudos. Knowing how to tell a well-structured story is key to building long-term memory. Stating a clear purpose that doesn't take away from the discovery learning process is critical. Ensuring that people move from theory to practical application is imperative. Creating strong social learning is the key to commitment and engagement. Validating and affirming participants' comments is the way to create a positive learning environment.
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HR recruiter services offer top talents to companies according to their specific needs. They handle all recruitment tasks from job posting to onboarding and help companies concentrate on their business growth. With their expertise and years of experience, they streamline the hiring process and save time and resources for the company.
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𝐓𝐉 𝐂𝐨𝐦𝐬 (𝐓𝐉 𝐂𝐨𝐦𝐦𝐮𝐧𝐢𝐜𝐚𝐭𝐢𝐨𝐧𝐬) is a professional event agency that includes experts in the event-organizing market in Vietnam, Korea, and ASEAN countries. We provide unlimited types of events from Music concerts, Fan meetings, and Culture festivals to Corporate events, Internal company events, Golf tournaments, MICE events, and Exhibitions.
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"𝐄𝐯𝐞𝐫𝐲 𝐞𝐯𝐞𝐧𝐭 𝐢𝐬 𝐚 𝐬𝐭𝐨𝐫𝐲, 𝐚 𝐬𝐩𝐞𝐜𝐢𝐚𝐥 𝐣𝐨𝐮𝐫𝐧𝐞𝐲. 𝐖𝐞 𝐚𝐥𝐰𝐚𝐲𝐬 𝐛𝐞𝐥𝐢𝐞𝐯𝐞 𝐭𝐡𝐚𝐭 𝐬𝐡𝐨𝐫𝐭𝐥𝐲 𝐲𝐨𝐮 𝐰𝐢𝐥𝐥 𝐛𝐞 𝐚 𝐩𝐚𝐫𝐭 𝐨𝐟 𝐨𝐮𝐫 𝐬𝐭𝐨𝐫𝐢𝐞𝐬."
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Memorandum Of Association Constitution of Company.pptseri bangash
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A Memorandum of Association (MOA) is a legal document that outlines the fundamental principles and objectives upon which a company operates. It serves as the company's charter or constitution and defines the scope of its activities. Here's a detailed note on the MOA:
Contents of Memorandum of Association:
Name Clause: This clause states the name of the company, which should end with words like "Limited" or "Ltd." for a public limited company and "Private Limited" or "Pvt. Ltd." for a private limited company.
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Registered Office Clause: It specifies the location where the company's registered office is situated. This office is where all official communications and notices are sent.
Objective Clause: This clause delineates the main objectives for which the company is formed. It's important to define these objectives clearly, as the company cannot undertake activities beyond those mentioned in this clause.
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Liability Clause: It outlines the extent of liability of the company's members. In the case of companies limited by shares, the liability of members is limited to the amount unpaid on their shares. For companies limited by guarantee, members' liability is limited to the amount they undertake to contribute if the company is wound up.
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Capital Clause: This clause specifies the authorized capital of the company, i.e., the maximum amount of share capital the company is authorized to issue. It also mentions the division of this capital into shares and their respective nominal value.
Association Clause: It simply states that the subscribers wish to form a company and agree to become members of it, in accordance with the terms of the MOA.
Importance of Memorandum of Association:
Legal Requirement: The MOA is a legal requirement for the formation of a company. It must be filed with the Registrar of Companies during the incorporation process.
Constitutional Document: It serves as the company's constitutional document, defining its scope, powers, and limitations.
Protection of Members: It protects the interests of the company's members by clearly defining the objectives and limiting their liability.
External Communication: It provides clarity to external parties, such as investors, creditors, and regulatory authorities, regarding the company's objectives and powers.
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Binding Authority: The company and its members are bound by the provisions of the MOA. Any action taken beyond its scope may be considered ultra vires (beyond the powers) of the company and therefore void.
Amendment of MOA:
While the MOA lays down the company's fundamental principles, it is not entirely immutable. It can be amended, but only under specific circumstances and in compliance with legal procedures. Amendments typically require shareholder
[Note: This is a partial preview. To download this presentation, visit:
https://www.oeconsulting.com.sg/training-presentations]
Sustainability has become an increasingly critical topic as the world recognizes the need to protect our planet and its resources for future generations. Sustainability means meeting our current needs without compromising the ability of future generations to meet theirs. It involves long-term planning and consideration of the consequences of our actions. The goal is to create strategies that ensure the long-term viability of People, Planet, and Profit.
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CONTENTS
1. Introduction and Key Concepts of Sustainability
2. Principles and Practices of Sustainability
3. Measures and Reporting in Sustainability
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To download the complete presentation, visit: https://www.oeconsulting.com.sg/training-presentations
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2. MANAGEMENT
Management is the process of achieving goals
and objectives effectively and efficiently through
and with the people.
Management is a process of designing and
maintaining an environment in which individuals
work together in groups to effectively and
efficiently accomplish selected aims.
2
3. SCOPES OF MANAGEMENT
Financial Management: Financial management includes forecasting, cost control,
management accounting, budgetary control, statistical control, financial
planning etc.
+ (a) estimating the volume of funds required for both long-term and short-term needs
of business
+ (b) selecting the appropriate source of funds
+ (c) raising the required funds at the right time
+ (d) ensuring proper utilisation and allocation of raised funds so as to maintain safety
and liquidity of funds and the creditworthiness and profitability of business,
+ (e) administration of earnings Thus, financial management involves the planning,
organising and controlling of the financial resources.
3
4. SCOPES OF MANAGEMENT
Marketing Management: Marketing management deals with marketing of goods,
sales promotion, advertisement and publicity, channels of distribution,
market research etc.
+ (a) marketing research to determine the needs and expectation of consumers
+ (b) planning and developing suitable products
+ (c) setting appropriate prices
+ (d) selecting the right channel of distribution, and
+ (e) promotional activities like advertising and salesmanship to communicate with
the customers.
4
5. SCOPES OF MANAGEMENT
Human Resource Management: It covers the various aspects relating to the
employees of the organization such as recruitment, training, transfers,
promotions, retirement, terminations, remuneration, labour welfare and
social security, industrial relations etc.
+ (a) manpower planning
+ (b) recruitments,
+ (c) selection,
+ (d) training
+ (e) appraisal,
+ (f) promotions and transfers,
+ (g) compensation,
+ (h) employee welfare services, and
+ (i) personnel records and research, etc
5
6. SCOPES OF MANAGEMENT
Production Management: Production management aims to produce the right
goods, in right quantity, at the right time and at the right cost.
+ designing the product
+ (b) location and layout of plant and building
+ (c) planning and control of factory operations
+ (d) operation of purchase and storage of materials
+ (e) repairs and maintenance
+ (f) inventory cost and quality control
+ (g) research and development etc
6
7. SCOPES OF MANAGEMENT
+ Material Management: Material management includes purchase of materials,
issue of materials, storage of materials, maintenance of records, materials control
etc.
+ Purchasing Management: Purchasing management includes inviting tenders for
raw materials, placing orders, entering into contracts etc.
+ Maintenance Management: Maintenance Management relates to the proper care
and maintenance of the buildings, plant and machinery etc.
+ Office Management: Office management is concerned with office layout, office
staffing and equipment of the office.
7
8. TOP LEVEL MANAGERS
Chief Executive Officer
Chief Financial Officer
Chief Operational Officer
Chief Information Officer
Chairperson of the Board
President
Vice president
Corporate head.
8
10. MIDDLE LEVEL
MANAGER
General manager
Plant manager
Regional manager
Divisional manager.
10
Regional Director,RBI
General manager-
IBM
General Manager, Taj
Factory manager, Nestle
11. LOWER LEVEL MANAGERS
Office manager
Shift supervisor
Department manager
Foreperson
Crew leader
Store manager.
11
13. VARIOUS FUNCTIONS OF MANAGEMENT
+ Planning means
determining an
organisation’s goals and
deciding how best to
achieve them.
+ Organising is concerned
with coordinating
various activities and
resources at the
disposal of
management.
13
14. FUNCTIONS
+ Directing: Direction is that aspect of management which deals with influencing,
guiding, supervising and motivating sub-ordinates for the achievement of
organizational goals.
+ Staffing:It is the function of manning the organization structure. The main
purpose of staffing is to put right man on right job.
+ Controlling:It implies measurement of accomplishments against the standards
and correction of deviation if any. The purpose of controlling is to ensure that
everything occurs in conformities with the standards.
14
15. PLANNING: It deals with deciding in advance the most appropriate course of actions
for achievement of pre-determined goals.
i) Forecasting is looking ahead to anticipate the opportunity, problems and conditions
in a future period of time.
ii) Establishing objectives means setting the end results to be accomplished by
directing organizational efforts.
iii) Programming is establishing the sequence and priority of actions to be followed in
the attainment of the objectives.
iv) Scheduling is deciding on time sequence for programme steps.
v) Budgeting is allocation of resources to minimise costs.
vi) Establishing procedures means developing and applying standardised methods of
performing a specific work.
vii) Developing policies involve establishment and interpretation of standing decisions
that apply to repetitive questions and problems of significance to be organisation
as a w
15
16. Organizing: It is the process of bringing together physical, financial and human
resources for achievement of organizational goals.
i) Developing the organisation structure which involves identification of task and
grouping them into units or departments for performance.
ii) Delegating authority to the managers and making him responsible for group
performance.
iii) Establishing relations creating conditions necessary for mutually cooperative efforts
of people in the organisation.
16
17. Staffing
Planning the organization with suitable personnel constitutes the staffing function.
It involves selection, training and development, compensation, and appraisal of
subordinates by the manager.
Manpower planning and management looks after these activities and try to ensure
suitable methods of remuneration and performance.appraisa1 of the employees.
17
18. DIRECTING-Directing involves managing people and the work through the means of
motivation, proper leadership, effective communication and coordination
+ Maximum individual contribution: encourages workers to work efficiently and
to the best of their capabilities such that they contribute the maximum towards
the common goals of the organisation.
+ Harmony of objectives: the focus of directing function should be to bring about
convergence between the personal goals and organizational goals.
+ Unity of command: an employee should receive instructions or orders from only
one superior.
+ Appropriate technique: the manager must appropriately select the motivational
and directional technique such that it is according to the needs, desires and
attitudes of workers.
+ Managerial communication: There must be free flow of communication
between the manager and the subordinate without any hesitation w.r.t power.
18
19. Controlling-It enables management to ensure that achievement is in accordance with
the established plans.
It involves:
+ i) Establishing performance standards for evaluating results.
+ ii) Performance on the basis of records and reports on the progress of work.
+ iii) Performance evaluation against the standards set.
+ iv) Corrective action to regulate operations, remove deficiencies and improve
performance.
19