Module I Introduction To Management
Module I Introduction To Management
Introduction to Management
Books for Study
What is Management..
Management is the process of designing and maintaining an
environment in which individuals, working together in groups,
efficiently accomplish selected aims.
What is Management..
Mary Parker Follett:
• “Management is the art of getting things done through others.”
Follett describes management as an art of directing the activities
of other persons for reaching enterprise goals. It also suggests that
a manager carries only a directing function.
What is Management..
Harold Koontz:
• “Management is the art of getting things done through and with
people in formally organized groups.” Koontz has emphasized that
management is getting the work done with the co-operation of
people working in the organization.
What is Management..
Objectives of Management
• Proper Utilization of Resources: The main objective of management is to use various
resources of the enterprise in a most economic way. The proper use of men, materials,
machines and money will help a business to earn sufficient profits to satisfy various
interests.
• Improving Performance: Management should aim at improving the performance of each
and every factor of production. The environment should be so congenial that workers
are able to give their maximum to the enterprise.
Objectives of Management
• Mobilizing Best Talent: The management should try to employ persons in various fields
so that better results are possible. The employment of specialists in various fields will be
increasing the efficiency of various factors of production.
(ii) Organization
(iii) Staffing.
(iv) Directing,
(v) Coordinating, and
(vi) Controlling.
Contd.
• The operational aspects of business management, called the
branches of management, are as follows:
1. Production Management
2. Marketing Management
3. Financial Management.
4. Personnel Management and
5. Office Management.
FUNCTIONS OF MANAGEMENT
Management as a Process….
INPUTS (the 6 Ms) Management Functions OBJECTIVES
PLANNING DIRECTING
• Manpower
• Goods & Services
• Materials
desired by
• Machines
customers
• Methods
• Money
• Markets ORGANISING CONTROLLING STAFFING
Nature of Management…
Organization:
• Customer needs
• Orgn Needs
• Orgn Constraints
Individuals: Groups:
• Aspirations • Aspirations
• Abilities • Abilities
• Potential • Potential
Management Levels & Conventional Managerial Functions..
3. Sensitivity to events
The
4. Analytical, Problem solving & Decision Making skills Skills & Success-
5. Social Skills & Abilities attributes Ful
6. Emotional Resilience
7. Proactive Behavior
Manager
8. Creativity
9. Mental Agility Meta Qualities
10. Balanced Learning Habits & Skills
11. Self-Knowledge
Leading
Relationship with the Organization
Management of…
Basic Managerial Roles & their
Human Resources
Financial Resources
Physical Resources
Information Resources
Henry
Mintzberg