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

Module 01 Management Theory and Practices Ist Class

This document defines management and its key functions. It states that management involves collecting resources, coordinating them, and implementing them to achieve organizational goals effectively and efficiently. The four main functions of management are planning, organizing, leading, and controlling. Planning involves setting goals and determining how to achieve them. Organizing is assigning responsibilities and grouping tasks. Leading is motivating employees and giving instructions. Controlling monitors performance and makes corrections. The document also outlines the basic types of management skills.

Uploaded by

Afaq Iffi
Copyright
© © All Rights Reserved
Available Formats
Download as PPTX, PDF, TXT or read online on Scribd
0% found this document useful (0 votes)
49 views

Module 01 Management Theory and Practices Ist Class

This document defines management and its key functions. It states that management involves collecting resources, coordinating them, and implementing them to achieve organizational goals effectively and efficiently. The four main functions of management are planning, organizing, leading, and controlling. Planning involves setting goals and determining how to achieve them. Organizing is assigning responsibilities and grouping tasks. Leading is motivating employees and giving instructions. Controlling monitors performance and makes corrections. The document also outlines the basic types of management skills.

Uploaded by

Afaq Iffi
Copyright
© © All Rights Reserved
Available Formats
Download as PPTX, PDF, TXT or read online on Scribd
You are on page 1/ 10

Management

Theory and
Practices
Definition of management
nature and purpose
• In simple the process of collecting thedfferent types
of resources, coordinating them and implementing
them in the proper way to achieve the
predetermined goals of the organization is known as
management.

• It can be describe Manage+men+t which means


managing the men tactfully to achieve the goals.
Definition of management
nature and purpose
• Management is the attainment of organizational goals in
an effective and efficient manner through planning,
organizing, staffing, directing and controlling
organizational resources.

• Organizational resources include men(human beings),


money, machines and materials.
Purpose of Management

Achievement of GroupGoals

Optimum Utilization ofResources

Fulfillment of SocialObligations

Stability

Human Development
The Four Functions of Management

Planning
Select goals
& ways to
Controlling attain them
Monitor Organizing
activities & Assign
make responsibility
corrections for tasks
Leading
Use influence
to motivate
1. Planning
•Planning is the most basic or primary function
of management. It is basically deciding in
advance, what is to be done; when is to be
done and by whom it is to be done.
2. Organizing
After planning, next step is organizing. The process of
organizing consists of following steps:

1. Determining and defining activities to achieve goal.

2. Grouping of activities into convenient and logical group.

3. Assigning duties to people at various levels.


4. Delegating authority to people atdifferent level
5. Defining and fixing responsibility for
performance
3. Leading
It consistsof :

1. Issuingorders and instructions

2. Supervision of Work

3. Motivation i.e. creating willingness to work

4. Communication with employees

5. Leadership or influencing the behavior of employees.


4. Controlling
It consistsof:

1. Establishingstandards for measurement of performance

2. Measuring performance and comparing with standard

3. Finding reasons for variation amongdifferent employee’s


performance

4. Taking corrective action for attainment of goal


Basic types of Management Skills
1. Technical Skill – ability to use tools, procedures &
techniques in a specialized area.
2. Human Skill – ability to work with, understand & motivate
people as individual orgroups.
3. Conceptual & Design Skill– mental ability to coordinate &
integrate all of an organization’s activities, especially in the
long-term decisions affecting the organization. It is needed
to see the organization as a whole & recognize how the
various factors in a situation are interrelated so actions
taken are in the best interests if the organization.

You might also like