Itm Module 1
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Transcript of Itm Module 1
8/6/2019 Itm Module 1
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Concept of management
1. Management as a discipline
2. Management as a group of people
3. Management as a process
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1. Management as a discipline
� Discipline refers to a field of study having well
defined concepts and principals.
�
When we include it in the various relevantconcepts and principals the knowledge of
which aids in managing. From this point of
view management can be treated as a science
as well as art.
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3. Management as a process
A process can simply be systematic
method of handling activities. Management as
a process is dynamic, continuous and flexible
in nature.
Management is a process of getting things
done through the efforts of others.
Examples-
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Definitions of Management
Management is more relevant if defined
based on the functions it performs
Management is a process involving planning,organizing, staffing, directing and controlling
human efforts to achieve stated objectives in
an organization.
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Features of Management
1. Organized activities Without organizedactivities two groups people cannot be
involved in the performance of activities.
Where a group of activities are involved inworking towards a common objectivemanagement comes in to existence
2. Existence of objectives-A Set of objectivesshould exist towards which the organized
group activities would lead to.
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3. Relationship among sources Resources includemoney machine material and people. resourcesare made available to those who manage. Theyapply principles, knowledge , experience forgetting the desired result.
4. Working with and through people -Management involves working with people andgetting organizational objectives achieved
through them. The idea of working throughpeople is interpreted in terms of assigningactivities to subordinates.
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5. Decision making Decision making basically
involves selectingthe most appropriate
alternative out of several.
- if there is only one alternative the question
of decision making does not arise.
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Nature of Management