Prof & Lawyer Prof & Lawyer 

Puttu Guru PrasadPuttu Guru PrasadM.Com., M.B.A., L.L.B., M.Phil., PGDFTM.,

AP.SET., ICFAI CMF., (PhD) at JNTUK.,

Senior Faculty for Management Sciences,S&H Department, VVIT, Nambur,

My Blog Link: puttuguru.blogspot.in

Cell: 93 94 96 98 98

Cell: 90 59 457 336

Poem by Robert Frost  Stopping by Woods on a Snowy Evening, 1923

The woods are lovely, dark and deep,But I have promises to keep,And miles to go before I sleep,And miles to go before I sleep.

“But I have promises to keep, and miles to go before I sleep,” is the one that I relate to our financial crisis, and it could relate to any goal. There are many times when I’ve been wrapped up in a project and said to myself that I have “miles to go before I sleep.”

Who Are Managers?Manager

Someone who works with and through other people by coordinating their work activities in order to accomplish organizational goals

Types of ManagersFirst-line Managers

Are at the lowest level of management and manage the work of nonmanagerial employees

Middle ManagersManage the work of first-line managers

Top ManagersAre responsible for making organization-wide decisions

and establishing plans and goals that affect the entire organization

Managerial Levels

TopManagers

Middle Managers

First-Line Managers

Nonmanagerial Employees

Organization

A consciously coordinated social unit, composed of two or more people, that functions on a relatively continuous basis to achieve a common goal or set of goals.

Definition of Management:

Management is the process of designing and maintaining an environment in which individuals, working together in groups, efficiently accomplish selected aims

Definitions of Effectiveness and EfficiencyProductivity implies effectiveness and efficiency

in individual and organizational performance.

Effectiveness is the achievement of objectives.

Efficiency is the achievement of the ends with the least amount of resources (time, money, etc.)

Managerial Concerns

Efficiency “Doing things right”

Getting the most output for the least input

Effectiveness “Doing the right things”

Attaining organizational goals

Managerial Activities

•Make decisions

• Allocate resources

• Direct activities of others to attain goals

Managerial Activities

•Make decisions

• Allocate resources

• Direct activities of others to attain goals

Managers (or administrators)

Individuals who achieve goals through other people.

What Do Managers Do?Functional Approach

PlanningOrganizingLeadingControlling

Planning

A process that includes defining goals, establishing strategy, and developing plans to coordinate activities.

Organizing

Determining what tasks are to be done, who is to do them, how the tasks are to be grouped, who reports to whom, and where decisions are to be made.

Leading

A function that includes motivating employees, directing others, selecting the most effective communication channels, and resolving conflicts.

Controlling

Monitoring activities to ensure they are being accomplished as planned and correcting any significant deviations.

Management Functions

Planning

Defining goals,establishingstrategy, anddevelopingsubplans tocoordinateactivities

Lead toOrganizing

Determiningwhat needsto be done,how it willbe done, andwho is to do it

Leading

Directing andmotivating allinvolved partiesand resolvingconflicts

Controlling

Monitoringactivitiesto ensurethat they areaccomplishedas planned

Achieving theorganization ’s

statedpurpose

What Do Managers Do? (cont’d)Mintzberg’s Management Roles Approach

Interpersonal roles Figurehead, leader, liaison

Informational roles Monitor, disseminator, spokesperson

Decisional roles Entrepreneur, disturbance handler, resource allocator,

negotiator

What Do Managers Do? (cont’d)Skills Approach

Technical skillsHuman skillsConceptual skills

Technical skillsThe ability to apply specialized knowledge or expertise.

Human skillsThe ability to work with, understand, and motivate other people, both individually and in groups.

Conceptual SkillsThe mental ability to analyze and diagnose complex situations.

Skills Needed at Different Management Levels

TopManagers

MiddleManagers

Lower-levelManagers

Importance

ConceptualSkills

HumanSkills

TechnicalSkills

What Is An Organization?An Organization Defined

A deliberate arrangement of people to accomplish some specific purpose

Common Characteristics of OrganizationsHave a distinct purpose (goal)Are composed of peopleHave a deliberate structure

The Changing OrganizationTraditional Stable Inflexible Job-focused Work is defined by job positions Individual-oriented Permanent jobs Command-oriented Managers always make decisions Rule-oriented Relatively homogeneous workforce Workdays defined as 9 to 5 Hierarchial relationships Work at organizational facility

during specific hours

New Organization Dynamic Flexible Skills-focused Work is defined in terms of tasks to be

done Team-oriented Temporary jobs Involvement-oriented Employees participate in decision

making Customer-oriented Diverse workforce Workdays have no time boundaries Lateral and networked relationships Work anywhere, anytime

Management: DefinitionAcc to Harold Koontz: Management is the art of

getting things done through & with an formally organized group

Acc to Henry Fayol: To manage is to forecast & plan, to organize, to compound, to co-ordinate and to control

PODSCORB:- Planning, Organizing, Directing, Staffing,

Controlling, Co-ordinating, Reporting & Budgeting

Features of ManagementArt as well as ScienceManagement is an activityManagement is a continuous processManagement achieving pre-determined objectivesOrganized activitiesManagement is a factor of productionManagement as a system Management is a discipline

Features of ManagementManagement is a distinct entityManagement aims at maximising profitManagement is a purposeful activityManagement is a professionUniversal applicationManagement is getting things doneManagement is needed at all levels

Importance of ManagementManagement meet the challenge of changeAccomplishment of group goalsEffective utilization of resourcesEffective functioning of businessResource DevelopmentSound organization StructureManagement directs the organizationIntegrates various interestsStability

Importance of ManagementInnovationCo-ordination and team-spiritTackling problemsA tool for Personality Development

Henry Fayol (1841-1925)Was a french industrialistGiven :

Elements of Management- Planning, Organizing, Commanding, Co-ordination & Control

Qualities of Manager: Physical, Mental, Moral, General Education, Special Knowledge & Experience

Principles of Management

Principles of ManagementDivision of workAuthority & responsibilityDisciplineUnity of commandUnity of directionSubordinate of individual interest to group interestRemuneration of personnelCentralizationScalar Chain

Principles of ManagementOrderEquityStability of tenure of personnelInitiativeEspirit De Corps

Thanking you all Prof & Lawyer Prof & Lawyer 

Puttu Guru PrasadPuttu Guru PrasadM.Com., M.B.A., L.L.B., M.Phil., PGDFTM.,

AP.SET., ICFAI CMF., (PhD) at JNTUK.,

My Blog Link: puttuguru.blogspot.in

Cell: 93 94 96 98 98

Cell: 90 59 457 336