Management
Management
INTRODUCTION TO MANAGEMENT
UNIT -1
TOPICS
• Who managers are / What the do
• Define Management
• Why is it important to study Management
• Factors that are reshaping and redefining management
ORGANISATION
• Consciously coordinated social entity with identifiable boundary that
functions on a continuous basis to achieve common goals.
• Is family an organization?
COMMON CHARACTERISTICS OF
ORGANISATION
STRUCTURE
GOALS PEOPLE
TWO TYPES OF EMPLOYEES
LEVELS OF MANAGEMENT
LEVELS OF MANAGEMENT
• Top Managers
• Make decisions about the Organisation
• Example President/CEO
• Middle Managers
• Manage the activities of lower managers
• Example Division Managers
• Political Skills
• Used to build a power base and establish connection
• Interpersonal Skills
• Used to work with, understand, and motivate individuals and groups
• Technical Skills
• Involve job specific knowledge and techniques required to perform tasks
NATURE OF MANAGEMENT
MANAGEMENT IS GOAL ORIENTED
MANAGEMENT IS UNIVERSAL
MANAGEMENT IS AN INTEGRATIVE FORCE
MANAGEMENT IS A SOCIAL PROCESS
MANAGEMENT IS MULTIDISCIPLINARY
MANAGEMENT IS A CONTINUOUS PROCESS
MANAGEMENT IS INTANGIBLE
MANAGEMENT IS AN ART AS WELL AS SCIENCE
• MODERN THEORY
• Quantitative Approach to Management (Operations Research);
• Systems Approach to Management
• Contingency Approach to Management
TAYLOR (1856 –1915)
• Frederick W Taylor –
FATHER OF SCIENTIFIC MANAGEMENT- SCIENTIFIC
MANAGEMENT THEORY
6. Mental system
POSITIVE IMPACTS OF THIS
PRINCIPLE
1. IMPROVED EFFICIENCY
2. STANDARDIZATION
3. REDUCED WASTE
4. INCREASED SAFETY
5. BETTER DECISION-MAKINGCONTINUOUS
IMPROVEMENT.
NEGATIVE IMPACTS OF THIS
PRINCIPLE
• Huge Cost
• Mechanistic/ Demotivating
• Bureaucratic
• Inflexible
Sources: http://www.protexttunnel.com/
Leading
• Humans
• Define organisational goals, values, objectives and
mission
• Must enable organisation and its people to grow and
develop over time
• Results only exist outside the organisation
IS THE MANAGERS ROLE UNIVERSAL