FUNCTIONS OF MANAGEMENT
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Transcript of FUNCTIONS OF MANAGEMENT
FUNCTIONS OFMANAGEMENTFUNCTIONS OFMANAGEMENTDefinitionDefinitionProcessProcessOrganizationOrganizationResourcesResourcesEffectivenessEffectivenessEfficiency Efficiency ObjectivesObjectives
DefinitionDefinitionManagement is a continuous Management is a continuous process in which there is an process in which there is an effective and efficient effective and efficient utilization of available utilization of available resources to achieve pre resources to achieve pre determined goals of an determined goals of an organization.organization.
DefinitionDefinitionEffective and efficient Effective and efficient Implementation of Planning , Implementation of Planning , organizing , leading & organizing , leading & controlling to achieve pre controlling to achieve pre determined goals of an determined goals of an organization is management.organization is management.
Management Process of an Management Process of an OrganizationOrganization
INPUT PROCESS OUTPUTINPUT PROCESS OUTPUT
OrganizationOrganizationA structure in which there are A structure in which there are two or more people get together two or more people get together and try to achieve their common and try to achieve their common goal is organization.goal is organization.
ResourcesResourcesMen , Material, Machineries , Men , Material, Machineries ,
Method , Money , Time , Method , Money , Time , InformationInformation
5 Ms + Time & Information5 Ms + Time & Information
EffectivenessEffectivenessDoing right thing is Doing right thing is
effectiveness. Level of effectiveness. Level of achievements of objectives in a achievements of objectives in a
certain period of time is certain period of time is effectiveness.effectiveness.
EfficiencyEfficiencyDoing things right is efficiency. Doing things right is efficiency. The efficiency can be defined The efficiency can be defined
with input & output ratiowith input & output ratio
Pre determined objectivesPre determined objectivesThe objectives are in The objectives are in organizational plans and they are organizational plans and they are recognized as managerial recognized as managerial objectives. The objectives in the objectives. The objectives in the plans are established in line with plans are established in line with legitimate objectives. legitimate objectives.
Strategic Plan Strategic Plan ( Long Term) ( Long Term)
Tactical Plan Tactical Plan ( Medium Term) ( Medium Term)
Operational Plan Operational Plan (Short Term) (Short Term)
Evolution of Management Evolution of Management TheoriesTheories
Ford Motor CompanyFord Motor Company The Scientific Management School The Scientific Management School
F.W. Taylor F.W. Taylor Henry . L. Gantt Henry . L. Gantt Lilian Gilbreaths Lilian Gilbreaths
The Classical Organizational The Classical Organizational Theory SchoolTheory School
Henry Fayol Henry Fayol Max weber Max weber
Mary Parker Mary Parker
The Behavioral SchoolThe Behavioral School Elton Mayo Elton Mayo New Human Relations Movement New Human Relations Movement Abraham Maslow – Needs Abraham Maslow – Needs HierarchyHierarchyDouglus Macgregor – X,Y Theory Douglus Macgregor – X,Y Theory
Roles of a ManagerRoles of a ManagerDecisional RoleDecisional RoleInformational RoleInformational RoleRelationship RoleRelationship Role
BY Henry Mintzburg BY Henry Mintzburg
Levels of Management Levels of Management
Top Management
Middle Mgt
Front Line Mgt
Strategic Planning
Tactical Planning
Operational Planning
Skills Required by each Skills Required by each levels of Managementlevels of Management
Human Skills Technical Conceptual Skills Skills
Functions of ManagementFunctions of Management
P,O,S,Co,D – 5 FunctionsP,O,S,Co,D – 5 Functions
P,O,L,C – 4 FunctionsP,O,L,C – 4 Functions
Thank YouThank You