Introduction What is Management? Management as a Process Management as a Group/Team Management as a Discipline Management as an Activity Scope of Management Characteristics of Management Who are Effective Managers? Principles of Management

“Management is what management does”

Management includes all those who are responsible for making decisions and supervising the work of others.

‘Managers are born, not made’

‘Management is an essential activity which arises as individuals seek to satisfy their needs through group action’.

1. Management as an Economic Resource2. Management as a System of Authority3. Management as a Class

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1. Management is intangible2. Management is goal-oriented3. Management is universal4. Management is a social process5. Management is a group activity6. Management is a system of authority7. Management is dynamic

Have vision, think long-term, set directions; Are good communicators and good

listeners; Understand operations Know where to spend time and how to

priorities; Delegate well; Act confidently; Accept responsibility and admit mistakes; Are motivating, curious, honest and

decisive

Optimum use of resources Effective leadership and motivation Establishes sound industrial relations Achievement of goals Change and growth Improves standard of living

Systematized body of knowledge Management is a social science Management is an inexact science Manager vs. scientist

Use of knowledge Creative art Personalized Constant practice