MGT CH One
MGT CH One
MGT CH One
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Chapter One: Overview of Management
Definition of Mgt.
Significance of Mgt.
Levels of Mgt.
Universality of Mgt.
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What is Management?
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Manager
Manager – The person responsible for supervising the
use of an organization’s resources to meet its goals.
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Organization
Organization is a systematic arrangement of
people brought together to accomplish some
specific purpose
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Management process/Functions
There are five functions of management:
1. Planning
2. Organizing
3. Staffing
4. Directing
5. Controlling
The functions of management provide a useful framework
for organizing management knowledge.
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What is planning? 01 02 What is organizing?
04 What is leading?
What is staffing? 03
Think
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What is controlling?
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Planning
It is process of identifying and
selecting appropriate goals and It involves determination of
courses of action short range and long range
objectives
It involves development of
Planning is an exercise of strategies and courses of
forethought action to be hold for
achievement of objectives
Recruitment of employees
(creating potential
employees from whom Training and
selection is to be made) development, etc.
Concerned with locating
Selection of the most prospective employees to fill
efficient employee the jobs created by the
suitable for job organizing process
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Directing/Leading
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It is process Comparing it
of monitoring with goals, and
performance
Is process of
Correcting any checking whether
significant things are as
deviations planned or not
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Management functions …?
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Management functions….
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IS MANAGEMENT UNIVERSAL ?
Why or why not?
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UNIVERSALITY OF MANAGEMENT
Mgt. functions and principles have universal application in :
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Management science or art?
Management knowledge exhibits characteristics of both
art and science, the two not mutually exclusive but
supplementary.
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Management science or art …Cont’d
The art of management is personal creative power and
skill in performance.
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Levels of management
Refers to a line of demarcation between
various managerial positions in an organization
Determines:
a chain of command
the amount of authority and
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Levels of management… Cont’d
The levels of management can be classified in three
broad categories:
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Top level management
Top management is the
ultimate source of It devotes more time on
authority and it manages planning and
goals and policies for an coordinating functions
organization
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Middle level management
They execute the plans of the organization in accordance
with the policies and directives of top level management
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Lower Level Management
Refers to those executives whose work has to be largely
with personal oversight and direction of operative
employees
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Types of Managers based on scope of responsibility
Two types:
1. Functional Managers
2. General Managers
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Management Roles
Roles are specific actions or behaviors expected of a
manager.
1) interpersonal relationships,
3) decision making
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INTERPERSONAL-involve interacting with people
Role Description Identifiable Activity
Figurehead Manager serves as an official Greeting visitors;
representative of the signing legal
organization or unit documents
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INFORMATIONAL-involve receiving, collecting and
disseminating information
Role Description Identifiable Activity
Monitor Manager receives and Reading magazines and
collects information reports; maintaining
personal contacts
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DECISIONAL-involve making choices
Role Description Identifiable Activity
Entrepreneur Manager initiates change Organizing sessions to
develop new programs;
supervises design of
projects
Disturbance Manager decides how Steps in when an employee
Handler conflicts between suddenly leaves or an
subordinates should be important customer is lost
resolved
Resource Manager decides how Scheduling; requesting
Allocator the organization will use authorization; budgeting
its resources
Negotiator Manager decides to Participating in union
negotiate major contract negotiations or in
contracts with other those with suppliers
organizations or
individuals
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Summary of the 10 managerial roles
Leader
Entrepreneur
Liaison Disturbance
handler
Monitor
Resource
Allocator
Disseminator Negotiator
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Managerial Skills
There are three main forms of Managerial Skills
1. Conceptual Skills
2. Human Skills
3. Technical skills
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Conceptual skills
It is a mental ability to think, ponder, and solve
problems (complex organizational problems)
1-40
Human skills
This is the ability to interact with people and prevail
upon them
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Technical skills
Job-specific skills required to perform a particular
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Managerial Skills Vs. Levels of Management
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Environment of Management
Environment of Management: it explains the forces (both inside and outside of the
company that affects (positively or negatively) the overall function of the company.
There are two types of environment which are divided as internal and external
environment. The internal environment is controllable but the external one is
uncontrollable.
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