Futures, Functions, Level and Role of Mgt

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principles of Management

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    Nature/Features of Management

    Management as an activity Management as a Process

    Social Process

    Continuous ProcessUniversal

    Interrelated

    Composite

    Management as discipline Management as an Economic Resource

    Management as a Team

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    Social Process

    The entire management process isregarded as a social process as thesuccess of all organizational efforts

    depends upon the willing co-operationof people

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    Continuous Process

    The process of management is on going and

    continuous. Managers continuously take up one or

    the other function. Management cycle is repeated

    over and over again.

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    Universal

    Management functions are universal in the sense

    that a manager has to perform them irrespective ofthe size and nature of the organization. Each

    manger performs the same functions regardless of

    his rank or position in the organization.

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    Interrelated

    Managerial functions are contained

    within each other. The performance

    of the next function does not start

    only when the earlier function is

    finished. Various functions are

    taken together.

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    Composite

    All Managerial functions arecomposite and integrated. There

    cannot be any sequence which can

    be strictly followed for performingvarious functions. The sequential

    concept may be true in a newly

    started business where functionsmay follow a particular sequence

    but the same will not apply to a

    going concern.

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    CLASSIFICATION OF MANAGEMENT FUNCTIONS

    Henry Fayol, the pioneer of managementprocess approach gave

    Planning

    Organizing

    Commanding

    Co-coordinating and

    Controlling as functions ofmanagement.

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    Luther Gullick used the word POSDCORB to

    describe functions such as Planning (P) Organizing(O), Staffing (S), directing (D) , controlling (CO),

    reporting and budgeting (B),

    Koontz and O Donnel adopted managerial

    functions as planning, organizing, staffing, directing

    and controlling.

    Earnest dale has included innovation and

    representation to the earlier mentioned functions

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    1. Planning 2. Organizing

    3. Staffing 4. Directing

    (a) Leadership (b) Communication

    (C) Motivation (d) Supervision

    5. Cordinating 6. Controlling

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    PLANNING

    Planning is a basic managerialfunction,. Planning helps in defining

    the course of action to be followedfor achieving various organizationalobjectives. It is a decision inadvance, what to do, when to do,how to do and who will do aparticular task. Planning is a process

    which involves thinking before doing.

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    According to Terry, Planning is the

    selecting and relating of facts and the

    making and using assumptions regarding

    the future in the visualization and

    formulation of proposed activities

    believed necessary to achieve desired

    results.

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    Planning is a process of looking ahead.

    The primary object of planning is to

    achieve better results. It involves the

    selection of organizational objectives and

    developing polices procedures,

    programmes, budgets and strategies.

    Planning is a continuous process that

    takes place at all levels of management.

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    ORGANISZING

    Every business enterprises needs theservices of a number of persons to lookafter its different aspects.

    The management sets up the objectives orgoals to be achieved by its personnel. Theenergy of every individual is channelized toachieve the enterprise objectives.

    The function of organizing is to arrange,guide coordinating, direct and control theactivities of other factors of production, Via,men, material, money and machines so asto accomplish the objectives of theenterprise.

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    Louis A. Allen describes organization as the

    process of identifying and grouping work to be

    performed, defining and delegating

    responsibility and authority and establishing

    relationships for the purpose of enabling

    people to work most effectively together in

    accomplishing objectives

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    STAFFING

    The function involves manning the positionscreated by organization process. It is concernedwith human resources of an organization.

    In the words of Koontz and O Donnel, Staffing isfilling, keeping filled positions in the organizationstructure through defining work-forcerequirements, appraising, selectingcompensating and training

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    DIRECTING

    Directing is concerned with carrying out thedesired plans. It initiates organized andplanned action and ensures effective

    performance by subordinates towards theaccomplishment of group activities.Direction is called management in action. In

    other words of George R. Terry, Direction ismoving to action and supplying simulativepower to the group after planning.

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    LEADERSHIP

    A manager has to issue orders and instructions

    and guide and counsel his subordinated in their

    work with a view to improve their performance

    and achieve enterprise objectives.

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    COMMUNIC TION

    Communication constitutes a very important functionof management. It is said to be the number oneproblem of management today. It is an established factthat managers spend 75 to 90 per cent of their workingtime in communicating with others

    Thus, communicating means sharing of ideas incommon. The essence of communicating is getting thereceiver and they sender turned together for aparticular message. It refers to the exchange of ideasfeelings, emotions and knowledge and informationbetween two or more persons. Nothing happens in

    management till communication takes place.

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    MOTIV TION

    The term motivation is derived from the word

    motive which means a need, or an emotion

    that prompts an individual into action

    motivation is the psychological process ofcreating urge on the subordinates to do

    certain things or behave in the desire manner.

    It is a very important function of management.

    The importance of motivation can be realized

    from the fact that performance of a worker

    depends upon his ability and the motivation.

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    SUPERVISION

    Supervision is another element of directing

    function of management. After issuinginstructions, the manager or the supervisorof management has to see that all giveninstructions are carried out. This is the aimof supervision. Supervision refers to the job

    of overseeing subordinates at work toensure maximum utilization of resources toget the required and directed work done andto correct the subordinates whenever theygo wrong.

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    CO-ORDINATIONCoordination is one of the mostimportant functions of management.It is essential to channelize theactivities of various individuals in the

    organization for the achievement ofcommon goals. Every department orsection is given a target to be

    achieved and they shouldconcentrate only on their work andshould not bother about the work of

    other organs.

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    Coordination creates a team spirit

    and helps in achieving goals through

    collective efforts. It is the orderly

    arrangement of group effort toprovide unity of action in the pursuit

    of common objectives.

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    CONTROLLING

    Controlling can be defined as determiningwhat is being accomplished that is evaluatingthe performance, if necessary, applying

    corrective measures so that the performancestake place according to plans.

    Control is essential for achieving objectives ofan enterprise. The planning of various activitiesdoes not ensure automatic implementation of

    policies. Control is the process which enablesmanagement to get its policies implementedand take corrective actions if performance isnot according to the pre-determined standards.

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    Level of mangement

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    M N GEMENT LEVELS ND TIME

    SPENT ON FUNCTIONS

    Plan. Organ. Lead. Control.

    Top 28% 36% 22% 14%

    Middle 18% 33% 36% 13%

    Lower 15% 24% 51% 10%

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    Role of management

    The figurehead

    The liaison role

    The spokesman role

    The role of disturbance handler

    The role of negotiator

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    Principles of management

    Principles: a statement of fundamental

    truth; which is established with refernce

    to a cause and effect relationshipbetween two variables.

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    Derivation of management

    principles

    Two sources

    1. observation and experience of

    practitioners and scholar of management.2. outcome of experimental studies

    conducted by researchers.

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    Nature of management

    Principles

    1. Management principles establish cause-effect

    relationship, only of a casual nature.

    2. Some management principles are a matter of

    common sense

    3. Management principles have the features of

    universality coupled with flexibility

    4. Management principles aim at ensuring a better

    organizational life.

    5. Management principles are dynamic in nature

    6. Management principles might be conflict in nature.

    7. Management principles are equal importance

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    Need for management principles

    To crystalize the nature of management

    and help in the development of

    management theory. To facilitate management education and

    training

    To increase managerial efficiencyatmicro and macro level.

    To aid management research

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    Management Process

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    What is it?

    Planning

    Organizing

    Leading

    Controlling

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    Planning

    Identify desired results

    Brainstorm ways to achieve results

    Set goals for final outcome

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    Organizing

    Arranging jobs

    Locating resources

    Coordinating activities

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    Leading

    Encouragement

    Motivation

    Supportive

    Repetition

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    Controlling

    Achievement

    Performance measurement

    Making corrections if needed

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    Administration vs. management

    To exam the controversy

    the theoretical

    Practical distinction

    The theoretical distinction

    1. The American view point

    2. The British view point

    3. The modern view pointPractical distinction

    1. The traditional use

    2. The popular use

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    Management Administration

    Definition

    Art of getting things done through others by directing

    their efforts towards achievement of pre-determined

    goals.

    Formulation of broad

    objectives, plans & policies.

    Nature

    executing function, doing function

    decision-making function,

    thinking function

    Scope Decisions within the framework set by the administration. Major decisions of an

    enterprise as a whole.

    Level of authority

    Middle level activity

    Top level activity

    Status

    Group of managerial personnel who use their specialized

    knowledge to fulfil the objectives of an enterprise.

    Consists of owners who invest

    capital in and receive profits

    from an enterprise.

    Usage

    Used in business enterprises.

    Popular with government,

    military, educational, and

    religious organizations.

    Influence Decisions are influenced by the values, opinions, beliefs

    and decisions of the managers.

    Influenced by public opinion,

    government policies, customsetc.

    Main functions

    Motivating and controlling

    Planning and organizing

    Abilities Handles the employees. Handles the business aspects

    such as finance.

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