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BASIC MANAGEMENT PRINCIPALS

The document presents a comprehensive overview of basic management principles, including the nature, scope, and importance of management, as well as key processes and levels of management. It outlines essential management principles such as division of work, authority and responsibility, and unity of command, along with the advantages and disadvantages of centralization. The content serves as a foundational guide for understanding effective management practices in organizations.

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0% found this document useful (0 votes)
4 views

BASIC MANAGEMENT PRINCIPALS

The document presents a comprehensive overview of basic management principles, including the nature, scope, and importance of management, as well as key processes and levels of management. It outlines essential management principles such as division of work, authority and responsibility, and unity of command, along with the advantages and disadvantages of centralization. The content serves as a foundational guide for understanding effective management practices in organizations.

Uploaded by

try.ashutosh2727
Copyright
© © All Rights Reserved
We take content rights seriously. If you suspect this is your content, claim it here.
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GURU GHASIDAS VISHWAVIDYALAYA, BILASPUR (C.G.

SESSION 2024-25
PRESENTED BY:-
GUIDED BY:- DEPATRMENT OF MANAGEMENT ANKIT KUMAR
RITESH CHAKRADHARI
KALPANA RAO B.C.A 1ST SEMESTER SAURABH YADAV
ASHUTOSH KUMAR ANAND
YOG RAISAGAR
SHASHANK SINGH
BASIC
MANAGEMENT
PRINCIPLE
GROUP PRESENTATION
TABLE OF CONTENT

INTRODUCTION TO MANAGEMENT
NATURE OF MANAGEMENT & SCOPE
IMPORTANCE OF MANAGEMENT
PRINCIPLE’S OF MANAGEMENT
ORGANISING PRINCIPLE
CENTRALIZATION
INTRODUCTION TO MANAGEMENT

Management is the process of planning and organizing resources,


guiding people, and making decisions to achieve goals in the best and
most efficient way possible. It helps keep work on track and ensures
everything runs smoothly.
PROCESS OF MANAGEMENT
The process of management involves several key steps that work together to achieve
organizational goals efficiently. These steps are:

Planning: Setting objectives and deciding on the actions needed to achieve them. It involves
analyzing current situations, forecasting, and preparing strategies for the future.
Organizing: Arranging resources like people, materials, and finances in a structured way to
implement the plan. This includes defining roles, assigning tasks, and establishing authority.
Staffing: Recruiting, training, and maintaining the workforce required to achieve the
organization’s goals.
Leading: Guiding and motivating employees to perform their tasks effectively. It involves
communication, decision-making, and leadership to inspire and direct the team.
Controlling: Monitoring progress, comparing actual performance with set goals, and taking
corrective actions if necessary to stay on track.
LEVEL OF MANAGEMENT

The levels of management are:

Top-Level Management:
Responsible for overall strategy, long-term goals, and
decisions.
Key positions: CEO, Directors, Board of Directors.
Middle-Level Management:
Implements strategies from top management and
coordinates between levels.
Key positions: Department Heads, Branch Managers.
Lower-Level (Operational) Management:
Manages day-to-day operations and supervises employees.
Key positions: Supervisors, Team Leaders.
In short, top-level sets strategy, middle-level implements it,
and lower-level oversees daily operations.
NATURE OF
MANAGEMENT

The nature of management refers to the fundamental


characteristics and essential aspects of the
management process. It encapsulates how
management functions in organizations and how it
contributes to achieving organizational goals.
Management is a dynamic, multifaceted, and universal
process that involves planning, organizing, leading,
and controlling resources efficiently and effectively.
The nature of management refers to the key characteristics that
define how management functions within an organization. It is:

1. Goal-Oriented: Focused on achieving specific objectives.


2. Universal: Applicable across all types of organizations.
3. Continuous: An ongoing process involving planning, organizing, leading, and
controlling.
4. Multidisciplinary: Draws from various fields like economics, psychology, and sociology.
5. People-Centric: Involves managing and motivating people.
6. Decision-Making: Central to making choices and solving problems.
7. Dynamic: Adapts to changing environments.
8. Social: Involves interacting and coordinating with people inside and outside the
organization.
9. Integrated: Coordinates various functions and departments to work towards
common goals.
SCOPE OF
MANAGEMENT-
The scope of management refers
to the range of activities and functions
that managers perform to achieve the
goals and objectives of an organization. It
encompasses the processes of planning,
organizing, staffing, leading, and
controlling resources (human, financial,
physical, and informational) to ensure the
effective and efficient operation of the
organization.
IMPORTANCE OF
MANAGEMENT
The importance of management in points:
Achieves Organizational Goals: Ensures effective resource
utilization to meet objectives.
Optimizes Resources: Efficient allocation and use of human,
financial, and physical resources.
Ensures Coordination: Aligns departments and activities
towards common goals.
Informs Decision-Making: Guides informed, strategic choices for
organizational growth.
Adapts to Change: Helps the organization adjust to changes in
the market or environment.
Motivates Employees: Enhances job satisfaction and
productivity through leadership.
Manages Risks: Identifies and mitigates potential risks for
stability.
Promotes Innovation: Encourages continuous improvement and
organizational growth.
Principles of Management
1. Division of Work
Specializing tasks to increase efficiency and expertise.
When work is divided into smaller tasks, employees can
focus on specific areas, leading to greater productivity

2. Authority and Responsibility


Managers must have the authority to give orders and the
responsibility to ensure tasks are completed. This balance
helps in effective decision-making and accountability.

3. Discipline
Employees should follow rules and respect
agreements to ensure smooth operations.
Discipline promotes orderliness and helps maintain
a productive work environment.
4.Unity of Command
An employee should receive orders from only one superior to
avoid confusion and conflicting instructions. This ensures
clarity and prevents confusion.

5.Unity of Direction
All activities within an organization should be directed toward
a common goal. It ensures that resources are aligned and
efforts are coordinated towards achieving objectives.

6.Subordination of Individual Interest


to General Interest:
The interests of the organization should take precedence
over individual interests. This principle promotes teamwork
and cooperation within the organization.
7. Remuneration of Employees
Employees should be fairly compensated for their work,
which motivates them and enhances their performance.
Fair remuneration helps in attracting and retaining
talent.

8. Centeralization and Decentralization


The degree of centeralization (decision-making power in the hands of
top management) or decenteralization (distributing decision-making)
should be balanced based on the situation and size of the
organization.
9. Scalar Chain
The chain of command should be clear from top management to the
lowest level, ensuring communication flows smoothly and effectively.
10. Order
Everything should be in its proper place, including human
resources, materials, and machinery. Proper organization of
resources leads to efficiency and reduces confusion.

11.Equity
Managers should treat employees with fairness and justice. This builds
trust and loyalty among the workforce.

12. Stability of Personnel


High employee turnover can disrupt the organization’s performance.
Ensuring job security and opportunities for growth helps maintain
stability.
13. Initiative
Employees should be encouraged to take initiative and
contribute ideas. This fosters innovation and engagement,
leading to overall organizational growth.

14. Esprit De Corps


Promoting teamwork and a sense of unity among employees
improves morale and leads to better cooperation in achieving
organizational goals.
ORGANISING
PRINCIPLE-
Organizing principles refer to the
fundamental guidelines or concepts that
help in structuring and arranging
resources, tasks, and activities in an
organization. These principles ensure that
all elements of the organization are
properly aligned to achieve its goals
efficiently. Some key organizing principles
include:
Identifying Objectives: Clearly defining the organization’s goals to guide the
structuring of resources and activities.
Grouping Activities: Dividing work into specific tasks or activities and grouping
them into departments or units based on their nature, such as finance, marketing, or
production.
Assigning Roles and Responsibilities: Allocating tasks to individuals or teams based
on their skills, experience, and expertise to ensure effectiveness.
Establishing Authority: Defining the hierarchy of authority and responsibility to
ensure smooth decision-making and accountability.
Coordination of Resources: Ensuring that resources such as manpower, materials,
and technology are effectively aligned and utilized.
Creating Organizational Structure: Developing a formal structure that defines
relationships and communication lines, such as functional, divisional, or matrix
structures.
CENTERALIZATION
Centeralization is the
concentration of decision-making
authority at the top levels of an
organization, where higher
management controls key
decisions, while lower levels have
limited autonomy and follow
directives from above.
ADAVANTAGES
ADAVANTAGES&&DISADVANTAGES
DISADVANTAGESOF
OFCENTRALIZARION
CENTERALIZARION

Advantages of Centralization: Disadvantages of Centralization:


Consistency and Standardization: Centralized Slow Decision-Making: Decision-making may be
decision-making ensures uniformity in slower, as everything must pass through higher
policies and procedures across the levels of authority.
organization. Lack of Flexibility: Lower-level managers and
Clear Direction: Clear leadership and employees may be less able to respond quickly
direction from top management help align to local or immediate issues.
the organization towards common goals. Demotivation of Employees: Employees may
Better Control: Top management can feel disempowered or demotivated as they have
maintain greater control over the operations little say in the decision-making process.
and ensure that goals are being met in line
with the organization's overall strategy.
THANK YOU
THANK YOU

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