Concept and nature of

Management
INTRODUCTION OF
MANAGEMENT
 INTRODUCTION OF MANAGEMENT
Management is defined in terms of functions undertaken by the manager to
achieve goal organizational goals. Management is the systematic way of doing
things. It is an art of individual could co-operate towards attaining the group goals.
CONCEPT OF THE MANAGEMENT
Management is a discipline that consist o a set of general functions: Planning,
Organizing, Staffing, Leading and Controlling. These five functions are part of
body of practice for a best manager.
SOME LINES ARE GIVENS BY THE AUTHORS
“Management is an art of knowing what is to be done and seeing that is done in the
best possible manner.”-F. W. Taylor
“Management is to forecast, to plane, to organize, to command, to co-ordinate and
control activities of others.”- Henri Fayol
 Features of Management
An Activity
A Process
Required for All organization
Required at all organization level
Goal oriented
Dynamic
A discipline
Management and society
Global function
management is intangible
management is a group effort
An Activity-
It is an activity of getting things done through others.
Activity management is an essential key to the success of a firm as
its helps to control the direction of your business and increase
efficiency.
It gives both the employer and the employees, information on the
performance of the personnel involved.
A Process -
• As a process, management refers to a series of interrelated functions.
• It have to achieve organization goals to functions of management.
• It is the process by which management creates, operates and directs
purposive organization through systematic, coordination and co-
operated human efforts.
REQUIRED FOR ALL ORGANISATION -
• Organization management gives a sense of security and oneness
to the employees.
• An effective management is required for better coordination
among various departments.
Both business or non-business organization need effective
management to achieve their goals.
Required at all organizational level –
Management is needed for all level: Upper Level, Middle
Level, Lover Level.
The Functions of management are common to all levels of organi-
zation.
All levels are different but management are needed for all levels
employees.
GOAL ORIENTED
– Management always aims at achieving the organizational object-
ives.
The success of any activity is assessed by its achievement of the
predetermined goals or objectives.
It is a tool which helps of human & physical resources to fulfill the
pre-determined goals.

Dynamic -
Management is a dynamic process because it keeps on changing
with the changes that take place in environment.
Management process is dynamic, a moving force that generates
interaction and integration and harmony while making things
happens.
A Discipline-
Management as a discipline refers to that branch of knowledge
which is connected to study of principles & practices of basic
administration.
Peter Drucker: Father of management Thinking..
• It specific certain code of conduct to be followed by the
manager & also various methods for managing resources
efficiently.
management and society -
• Management and society is an interdisciplinary major that foc-
uses on the institutional context and inner workings of organi-
zations.
Management plays a virtual role in modern society.
It preserve the society and promotes its interests in future.
MANAGEMENT AS A GLOBAL
FUNCTION -
Management is not confined to a specific society, culture or
country .
It is a global phenomenon.
In the present scenario, the concept of national boundaries, as
far as business is concerned, is fading away.
Management is intangible -
Management is an intangible force, as it does not have any
physical appearance.
It can be felt, by the way an organization functions.
The result of management can be observed by comparing a
well managed organization with a poorly managed
organization.
 FUNCTIONS OF
MANAGEMENT
• According to the “Koontz & O’Donnell”
Five Functions of Management

Planning

Controlling Organising

Directing Staffing
According to “Luther Gulick”

P O S D C R B

Budgetin
Reporting
g
Controlling
Directin
Staffin
g
Organizin
g
Planning
g
Planning -
Planning is deciding in advance what to do, how to do it, when do
it , and who should do it.
Planning involves the setting of goals and these predetermined
goals are accomplish with the help of managerial functions like
planning ,organizing , staffing , directing and controlling.
Planning provides standards against which actual performance is
measured.
Organizing -
Organizing is the function of management that follows after plan-
ning.
It involves the assignment of tasks and developing an organizati-
onal structure and allocating human resources to ensure the
accomplishment of objectives.
STAFFING –
Staffing is an operation of recruiting the employees by evaluat-
ing their skills and knowledge before offering them specific job
roles accordingly.
The main goal of staffing is to fill the various roles within the
company with suitable candidates.
Directing
- Directing refers to instructing, guiding, and overseeing
the performance of the workers to achieve the predetermined
goals.
“Direction is the sum total of managerial efforts that are
applied for guiding and inspiring the working terms to
make better accomplishment in the organization.” –
S. S. Chatterjee
CONTROLLING -
Controlling is a function of management which helps to check
errors in order to take corrective actions .
Controlling is the measurement and correction of performance in
order to make sure that enterprise objectives and the plans devised to
attain them are accomplished.
Importance of management
Proper utilization of resources,
Helpful in achieve business objectives,
Growth and Development of business,
Better quality goods,
Development of human talent,
Minimizing the elements of risk,
Provides innovation,
Increasing Profit,
LEVELS OF MANAGEMENT
THANK YOU