1.Principles OfManagement

2. Prescribed text book Management: A global perspective10 theditionHeinz Weihrich Harold Koontz Syllabus Chapters1-2 5-12 16-18 20-21 Total = 15 Chapters No.ofperiods available :10 Principles Of Management 3. Evaluation

Internal 50

Quizzes10

Assignment10

Class participation 05

Attendance

Midterm test 25

External 50

Total100

Pass Percentage 50%

TERM WORKLOAD

Quizzes2(1 each before & after Mid Term)

Assignments 2 (1 each before & after Mid-Term)

Mid term test6 thWeek

Terminal Exam11 thWeek

Attendance A minimum of 7 classes must be attended.

4. Sessional Marks

Will be announced before Terminal Exam.

Mid Term Test

Will be of one hour duration, and will be followed by lecture.

Terminal Exam

Will be of 3 hours duration containing approx 14 questions of which at least 9 will have to be attempted.

5. Management

One of the most important activities of human beings.

It is an art.

It can be learnt.

6.

Management

Definintion1

Manipulation ofresourcesto achieve objectives

Resources:4Ms

Men

Material

Money

Machine

7. Management

Definition.2

The process of getting activities completedefficientlyand e ffectivelywith and through other people.

8. Management

Definition 3

It is a process of designing and maintaining an environment in which individuals, working together in groups, efficiently accomplish selected aims.

9. Management

Definition 4

Is the process by which managers create, direct, maintain, and operate purposive organizations through coordinated, cooperative human effort.

10. Management

Definition 5

The attainment of organizational goals in an effective and efficient manner throughplanning ,organizing ,leading , andcontrollingorganizational resources.

11. PRINCIPLES In management, principles are fundamental truths. TECHNIQUES Techniques are essentially ways of doing things. 12. EFFECTIVENESS To achieve objectives within the available resources EFFICIENCY To achieve objectives at the least cost of resources. 13. ORGANIZATION

It is a deliberate arrangement of people to accomplish some specific purpose.

Characteristics of an organization

Distinct Purpose

Deliberate Structure

People

14. INPUTS

Human

Capital

Managerial Skills

Technological Application

15. OUTPUTS

Products

Services

Satisfaction

Goal Achievement

Profits

16. STAKE HOLDERS

Owners

Employees

Consumers

Suppliers

Stock Holders

Government

Community

17. Managing systems

System

Is a set of inter-related and inter-dependent parts arranged in a manner that produces a unified whole.

Closed system

Open system

18. Closed System

System that is not influenced by or does not inter- act with its environment.

Open system

System that is dynamic and interacts with its environment.

19. Universality of Management

The reality that management is needed in all types and sizes of organizations, at all organizational levels, in all organizational areas and in organizations in all countries of the world.

20. Functions Of Management

Planning

Organizing

Staffing

Leading

Controlling

21. PLANNING

Is defining goals, establishing strategy to meet them, establish plans to coordinate activities.

22. ORGANIZING

Determining what tasks are to be done, establish the set-up, and deciding where decisions are to be made.

23. STAFFING

Having determined what tasks are to be done, deciding how manyare required to do the tasks and who is going to do what .

24. LEADING

Motivating and directing, selecting most effective communication channels and resolving conflicts.

25. CONTROLLING

Measuring and correcting individual and organizational performance to keep them as planned .

26. FUNCTIONS OF MANAGERS

Planning

Organizing

Staffing

Leading

Controlling

27. MANAGERIAL SKILLS

Conceptual

Design

Human

Technical

28. CONCEPTUAL SKILLS

Ability to see the big picture, to recognize and understand significant elements in a situation.

29. DESIGN SKILL

Ability to solve problems that will benefit enterprise. Also ability to design a workable solution to the problems and to avoid them in future.

30. HUMAN SKILLS

Ability to work with people.

Creation of an environment in which people feel secure and free to express their opinions.

31. TECHNICAL SKILL

Knowledge of and proficiency in activities involving methods, processes and procedures.

32. LEVELS OF MANAGEMENT 3 Top Level Management Middle Level First-Line Workers 2 1 4 33. Levels Of Management

Top level(Top Managers)

Responsible for making decisions and setting policies that affect all aspects of organization.

34.

Middle level(Middle level Managers)

Responsible for working out strategies and plans to implement decisions and policies made by top level managers.

35. FIRST LINE LEVEL (Supervisors)

Responsible for ensuring work is done according to plans.

36. WORKERS(Operatvies)

People who work directly on a job or task and have no responsibility for work of others.

37. MANAGERIAL SKILLS First Line Technical Design / Human Skills Conceptual / Design Middle Top Level 38. MANAGERIAL FUNCTIONS 45 25 20 5 35 30 20 15 5 15 30 50 TOP MIDDLE FIRST PlanOrgLdgCon 39. MANAGERIAL ROLES

Interpersonal

Informational

Decisional

40. INTER PERSONAL ROLE

Figurehead

Leader

Liaison

41. INFORMATIONAL ROLE

Monitor

Disseminator

spokesperson

42. DECISIONAL ROLE

Entrepreneur

Disturbance Handler

Resource Allocator

Negotiator