Principles of Management

BY Kirtikumar Ekhande

The Concept of Management & Organisation

• What is Management? • Art or science • Administration & Management • Levels of management • Management process

Evolution of Management Thoughts

Different Management Schools

• Management process school • Empirical school • Human behavior school/ human relations • Social school • Decision theory school • Mathematical mgt. school • System mgt. school • Contingency school

Different Management Thinkers

• F. W. Taylor • Henry Fayol • Frank & Lillian Gilbreth • Henry L. Gantt • J. Elton Mayo • Max Weber• Kenneth

Hawthorne Experiments

Taylors Principles of Management

• Time & motion study • Science but not rule of thumb • Differential payment • Group harmony • Cooperation between workers & management • Methods study • Scientific selection & training • Standardisation • Separation of planning from execution

Fayols 14 principles

Functions of Management

• Planning • Organizing • Co-ordinating • Directing • Controlling • Decision making

Organization Structure

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Organizational structure types

• Entrepreneurial structure • Functional • Product • Geographical • Strategic business • Matrix • Team • Virtual

Forms of ownership

Reference

• Principles of management by P. subba Rao , Himalaya Publishing House

• Principles of management by sherlekar •

Thank You

By Kirtikumar Ekhande