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Lecture 3 Management

This document discusses the key aspects of management, including: 1) Management involves coordinating people and resources to achieve organizational goals in an efficient and effective manner. 2) There are three levels of management - top level sets goals and policies, middle level executes plans and coordinates departments, and lower level directly supervises workers and production. 3) The six resources ("M's") that management deals with are manpower, money, materials, machines, methods, and markets. 4) Management functions include coordinating activities, hiring/firing staff, training, developing strategies and maintaining stakeholder relationships.

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60 views

Lecture 3 Management

This document discusses the key aspects of management, including: 1) Management involves coordinating people and resources to achieve organizational goals in an efficient and effective manner. 2) There are three levels of management - top level sets goals and policies, middle level executes plans and coordinates departments, and lower level directly supervises workers and production. 3) The six resources ("M's") that management deals with are manpower, money, materials, machines, methods, and markets. 4) Management functions include coordinating activities, hiring/firing staff, training, developing strategies and maintaining stakeholder relationships.

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api-247714257
Copyright
© © All Rights Reserved
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Download as PPT, PDF, TXT or read online on Scribd
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Management

By . Engr . Saeed Ahmed Metlo

Define Management?
Management is an act of getting people together
to accomplish desired goals and objectives using
available resources efficiently and effectively.
Management defined as human action including
design to facilitate the production of useful
comes form system, to manage is, to forecast and,
to plan to organize, to command, to co-ordinate
and to control.

Management is an individuals or group of


individuals that accept the responsibilities to run
an organization.
The Managers plan, organize direct and control
all the essential activity of the organization.
Management do not work themselves they
motivate to do the work and to co-ordinate (bring
together) all the work for achieving the objectives
of the organization.

What are Six Ms of


Management?
Management brings together Six Ms.
Man.
Money.
Machines.
Materials.
Methods
Markets.
These are those resources for achieving the
objectives of the organization such as high sales
Maximize the profit of organization.

Functions of Management: Co-ordinate activities and assign over all


responsibility they have power to Hire, Fire,
Train, deploy the right personal, create cleaning
reporting lines between the community lesion
functions between senior management
communities the strategy internally developed
and maintain a stake holders data box.

Levels of Management:There are three levels of management.


1.
Top Level Management.
2.
Middle Level Management.
3.
Lower Level of Management

Top Level Management: Top level management is the ultimate


source of authority.
It manages goal and policies for an
enterprise or any kind of business and they
also plan and co-ordinate.

The Role of Top Level


Management:o The top management lays down the objectives
and Board policies of the enterprise.
o It issues necessary action for preparation of
department budget it also procedures and
schedules etc
o It prepares strategic plans and policies for the
enterprise.
o It appoints the executives for middle level i-e
departmental managers.

o It controls and co-ordinates the activities


of all the departments.
o It is also responsible for maintaining and
contact in the outside world.
o It provides guidance and directions.
o The top management is also responsible
towards shareholders for the performance
of the enterprise.

Middle Level Management:o The Middle level management is responsible to


the Top management for functioning of their
departments.
o They devote more time to organization and
direct, functions and small organization.
o There is the only layer middle level of
management but in a big enterprise their may be
senior or junior in middle level management.
o It consists of the Branch Managers,
departmental managers etc.

The Role of Middle level


Management:o They execute the plans of the organization
accordance with policies and directives of the
top management.
o They make plans for sub clients of the
organization.
o They participate in employment and training
of lower level management.
o They analyze and than explain the policies
from top level management to lower level
management.

o They are responsible for co-coordinating the


activities with the divisions or departments.
o They also send important reports and other
important data to top level management.
o They evaluate the performance of junior
managers.
o They are also responsible for inspiring the lower
level managers toward better.

Lower Level Management: It is known as supervisory / operative level


management. It consists of Supervisory, foreman,
section officer, Superintendent Etc.
According to R.C Davis Supervisory
management refers to those executives whose
works has to be largely with personal oversight
and directions of operative employees.

The Role of Lower Level


Management: Assign jobs and tasks to various workers.
Guide and instruct workers for day to day
activities.
Responsible for quality and quantity of production.
Responsible for maintaining good relations with
organization.
Performs as a bridge correspondence between high
level management and other employees by sharing
and communicating the problems and policies vice
versa.

Solve grievances among workers.


Arrange necessary materials machines and tools
for getting things done.
Making periodic reports.
Motivates workers.
They are the image builders of organization as
they are in direct control with workers.

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