Management Lectures-1
Management Lectures-1
MANAGER:
Person who coordinates & monitors others work;
Efficiency:
Effectiveness:
GOALS:
FUNCTIONS OF MANAGES:
1. Planning
2. Organizing
3. Staffing
4. Leading
5. Controlling /Monitoring
Staffing: All the process and step from recruitment to retirement is called staffing
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Essentials of Management | USMAN SAEED
LEVELS OF MANAGERS:
2. Middle managers
Managers between the lowest level and top levels of the organization who manage the work of
first-line managers
3. Top managers
Managers at or near the upper levels of the organization structure who are responsible for making
organization-wide decisions and establishing the goals and plans that affect the entire organization
CHALLENGES OF MANAGER:
Technological view:
Globalization:
Demographical:
HISTORY OF MANAGEMENT:
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Essentials of Management | USMAN SAEED
CLASSICAL APPROACH, emphasized rationality and making organizations and workers as efficient
as possible.
Scientific management:
An approach that involves using the scientific method to find the “one best way” for a job to be
done
Develop a science for each element of an individual’s work to replace the old rule-of-
thumb method.
Scientifically select and then train, teach, and develop the worker.
Heartily cooperate with the workers to ensure that all work is done in accordance with the
principles of the science that has been developed. (Create Cooperation among
employees)
Divide work and responsibility almost equally between management and workers.
Management does all work for which it is better suited than the workers.
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Essentials of Management | USMAN SAEED
10. Order. People and materials should be in the right place at the right time. (JIT (just in
time Approach –old (make good relations with suppliers), JIT-2 approach (make suppliers
your partner)).
11. Equity. Managers should be kind and fair to their subordinates. (Justice)
12. Stability of tenure of personnel. Management should provide orderly personnel
planning and ensure that replacements are available to fill vacancies.
13. Initiative. Employees allowed to originate and carry out plans will exert high levels of
effort. (Take initiatives for your juniors)
14. Esprit de corps. (To promote Team Work) Promoting team spirit will build harmony
and unity within the organization.
QUANTITATIVE APPROACH:
TQM – Total Quality Management:
A management philosophy that is driven by continuous improvement as per need of customers.
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