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Definitions of Management

Management is getting things done through other people.

Management is the process of planning, organizing, leading and controlling the efforts of organizational membe

g all available resources to reach organizational goals.

A process of directing, guiding, influencing individuals and groups in order to achieve pre-determined goals.

nitions of Management

Koontz & Weihrich Management is the process of designing and maintaining on environment in which individ

king together in groups, efficiently accomplish selected aims.

Terry & Franklin Management is the distinct process consisting of activities of planning, organizing, actuatingrolling, performed to determine and accomplish stated objectives with the use of human beings and other resourcesnitions of Management

Basic resources i.e 6 Ms:-

Men & Woman

MaterialsMachines

Methods

MoneyMarkets

nitions of Management

F.W Taylor Management is to forecast, to plan, to organize, to command, to coordinate and control activities ors.

American Management Association Management is guiding human and physical resources into dynamic organ

which attain their objectives to the satisfaction of those served and with a high degree of morale and sense of attai

he part of those rendering service.

Management Process or Functions of Management

DBACK

As managers, people carry out the managerial functions of planning, organizing, staffing, leading and controllinagement applies to every organization, business or non-business. In business organizations, it applies to managers a

nizational levels. Managing is concerned with productivity, which implies effectiveness and efficiency.

Management Process or Functions of Management

Management is the process of getting things done through others. The process is identified in a set of functions

ormed by managers to accomplish the goals. The functions generally performed by the managers are as follows:-

Planning

OrganizingDirecting

Staffing

Controlling

Management Process or Functions of Management

Planning:-

nceiving of a method beforehand, by which an activity is to be carried out so as to meet an objective.

Planning requires decision-making i.e choosing from among alternative future course of action.Planning is setting the targets and objectives to be achieved, devising ways and means to achieve them and selec

est action to achieve the goal.

Management Process or Functions of Management

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anizing:-

It is grouping the activities necessary to attain objectives. Whereby managers assign work to the sub-ordinates a

the necessary authority and responsibility, creating an organization climate and culture, for the purpose of achievemnizational goals.

Management Process or Functions of Management

Directing:-

Directing is telling people what to do and seeing that they do it to the best of their ability. Thus directing is brings into action by the process of motivation, communication, leadership, supervision and team building of all the

nizational members.

Management Process or Functions of ManagementStaffing:-Staffing is a managerial function of hiring people and placing them in the right jobs as per their competence. He

ing them and developing them so that they can strive for the accomplishment of goals of the organization.

Management Process or Functions of Management

Controlling:-

Control is the process that measures current performance and guides it towards some pre-determined goals. Henrol function lies in checking existing actions against some desired results. Controlling is ensuring that plans have be

red and in case of any mistakes between the desired and the actual results, it takes necessary action to correct the m

ECTIVES

After the end of the module you will be able to define :What is Management?

Nature of Management

Scope of Management

Functions Of Management

Role Of Managers

AT IS MANAGEMENT?

Management is the process involving planning, organizing, staffing, directing and controlling human efforts to ad objectives in an organization.

TURE OF MANAGEMENT

Nature of Management The study and application of management techniques in managing the affairs of the

nization have changed its nature over the period of time. Various contributions to the field of management have cha

ature. Therefore the nature of management can be described as follow; Multidisciplinary Dynamic nature of principtive, not absolute principles Management: Science or Art Management as Profession Universality of Management

NAGEMENT AS DISCIPLINARY

Management is basically multidisciplinary. This implies that, although management has been developed as a separat

pline, it draws knowledge and concepts from various discipline. It draws freely ideas and concepts from psycholog

ology, anthropology, economics, ecology etc. Management integrates the ideas and concepts taken from these discip

presents newer concepts which can be put into practice for managing the organization. In fact the integration of knoarious discipline is the major contribution of management and this integrated discipline is known as management.

NAMIC NATURE OF PRINCIPLES

Principle is a fundamental truth which establish causes and effect relationships of function. Management has fra

ain principles on the basis of integration and supported by practical evidences. These principles are flexible in natur

the changed in the environment in which an organization exists. Because of the continuous development in the fiely older principles are being changed by new Principles. In fact, there is nothing permanent in the landslide of mana

LATIVE, NOT ABSOLUTE PRINCIPLE

Principles are relative, not absolute and they should be applied according to the need of the organization. Eachnization may be different from others. The difference may exits because of time, place, socio-culture factors etc. Ho

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viduals working within the same organization may also differ. Thus a particular management should be applied in thevailing conditions.

NAGEMENT: SCIENCE OR ART

There is a controversy whether Management is science or art. Management is both science and Art. Managemen

nce & Management as an art. Management: science and art are both.

NAGEMENT AS PROFESSION

Existence of knowledge:

Acquisition of KnowledgeProfession Association

Ethical Codes

Service motive Management as Emerging profession, Profession of Management in India

OPE OF MANAGEMENT

duction Management:

Designing the product

Location and layout of plant and building

Planning and control of factory operations

Operation of purchase and storage of materials

Repairs and maintenance

Inventory cost and quality control

Research and development etc.

OPE OF MANAGEMENT

keting Management:

Marketing research to determine the needs and expectation of consumers

Planning and developing suitable products

Setting appropriate prices

Selecting the right channel of distribution, and

Promotional activities like advertising and salesmanship to communicate with the customers

OPE OF MANAGEMENT

ncial Management:

Selecting the appropriate source of funds

Raising the required funds at the right time

Administration of earnings

Estimating the volume of funds

OPE OF MANAGEMENT

onnel Management: :

Manpower planning

Recruitments

Selection

Training

Appraisal

Promotions and transfers

Compensation

Employee welfare services, and

Personnel records and research, etc.

NAGEMENT FUNCTIONS

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Planning

Organizing

Staffing

Directing

Controlling

NCTIONS OF MANAGEMENT

Planning is the first function which is basically a logical thinking process that decides what needs to be done in o

eve organization's goals and objectives. It focuses on the broader perspective of the business as well as taking into

ideration, the tactical methods to get the desired results.

NCTIONS OF MANAGEMENT

Organizing is about setting up and maintaining the internal organizational structure in accordance with objective

tioned in planning stage. It also involves assigning tasks to various individuals for the larger goal of organization's

ions and objectives.

NCTIONS OF MANAGEMENT

Staffing is the process of choosing right people for organization. It can be associated with human resource mana

nvolves recruitment, hiring, training and compensating the workforce.

NCTIONS OF MANAGEMENT

Directing is guiding people in the organization through the means of counseling, instructing, motivating

NCTIONS OF MANAGEMENT

Controlling The process of leading and influencing the task related activities of group members or an entire

nization

S OF MANAGEMENT

Money

Manpower

Material

Machinery

Methods

LE OF MANAGERS

Functions:-

InterpersonalInformational

Decisional

Planning

Organizing

Staffing

Directing

Controlling

NCEPT OF MANAGEMENT

Management is a Discipline

Management as a Group of People

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Management as a Process

NCEPT OF MANAGEMENT

Management is a Discipline

Discipline refers to the field of study have well defined concepts and principles. Hence how these principles can

ied in managing the organization.

NCEPT OF MANAGEMENT

Management as a Group of People

We refer to management as a group of people in which we include all those personnel who perform managerial

tions in organizations.

We talk about relationship between management and labour in an organization.

NCEPT OF MANAGEMENT

Management as a Process

The Management as a process includes various activities and sub activities.

Process can be referred to as flow of information directed towards the achievement of an objective or set of objeHence, in which events and relationships must be seen as dynamic, continuous and flexible way

NCEPT OF MANAGEMENT

Management as a Process

The total activities of an organization can be divided as operational and managerial.Thus Management can be defined as a process of getting things done through the efforts of others.

NCEPT OF MANAGEMENT

Management as a Process

Because of the existence of different approaches i.e.

Production or efficiency oriented.

Decision oriented.

People oriented.

Function oriented.

ATURES OF MANAGEMENT

Organized Activities.

Existence of Objectives.

Relationship among resources.

Working with and through people.

Decision Making.

ORTANCE OF MANAGEMENT

Effective utilization of resources.

Development of resources.

To incorporate Innovations.

Integrating various interest groups.

Stability in the society.