Management ppt

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ppt presentation on Management

Transcript of Management ppt


2. Contents1 Intorduction2 Levels of Management3 Nature & scope4 Application & Process5PP6 Scientific Management7 Merit & Demerit8 ConclusionPrinciples of management 3. IntroductionEEffffiicciieennccyy Getting workdone throughEEffffeeccttiivveenneessssGetting workdone throughothersothersManagement is the art of knowing what you want to doAnd then seeing that it is done in the best and cheapest wayA business develops in course of time with complexities. With increasingcomplexities managing the business has become a difficult task. Theneed of existence of management has increased tremendously.Management is essential not only for business concerns but also forbanks, schools, colleges, hospitals, hotels, religious bodies etc.It is management that regulates man's productive activities throughcoordinated use of material resources. Without the leadership providedby management, the resources of production remain resources andnever become production. 4. LevelsMarketingAdministrationOtherHuman resourcesOperationsFinanceMiddle managersAreas of ManagementLevels of ManagementFirst-line managersTop managers 5. Levels of ManagementFirst-line Managers: have direct responsibility for producinggoods or services Foreman, supervisors, clerical supervisorsMiddle Managers: Coordinate employee activities Determine which goods or services to provide Decide how to market goods or services to customersAssistant Manager, Manager (Section Head)Top Managers: provide the overall direction of anorganization Chief Executive Officer, President, VicePresident 6. Nature & ScopeUniversal processContinuous processGoal orientedGroup activityIntangible force 7. ScopeProduction managementMarketing managementFinancial managementPersonal management 8. Process of management 9. Principles of Management1. Division of Work: allows for job specialization. Workshould be divided among individuals and groups.2. Authority and Responsibility: Authority right togive orders. Responsibility involves being answerableWhoever assumes authority assumes responsibility3. Discipline: Common efforts of workers. Penalties4. Unity of Command: Employees should have onlyone boss.5. Unity of Direction: A single plan of action to guidethe organization.6. Subordination of individual interests to thegeneral interests of organization 10. Principles of Management7. Remuneration: An equitable uniform paymentsystem that motivates and contribute to success. 8. Centralization: The degree to which authority rests at the top of the organization.9. Scalar Chain: Chain like authority scale.10. Order: The arrangement of employees where theywill be of the most value to the organization.11. Equity: The provision of justice and fair dealing12. Stability of Tenure of Personnel13. Initiative14. Esprit de corps: Harmony, general good feelingamong employees 11. Scientific ManagementScientific management is defined as the use of the scientific methodTo determine the one best way for a job to be done.The most important contributor in this field was Frederick W. Taylor who is knownas the father of scientific management.Using his principles of scientific management, Taylor was able to define theone best way for doing each job. Frank and Lillian Gilbreth were inspired byTaylors work and proceeded to study and develop their own methods of scientificmanagement.They devised a classification scheme to label 17 basic hand motions called thebligs in order to eliminate wasteful motions Guidelines devised by Taylor andothers to improve production efficiency are still used in todays organizations.However, current management practice is not restricted to scientific managementpractices alone.Elements of scientific management still used include:1. Using time and motion studies2. Hiring best qualified workers3. Designing incentive systems based on output 12. Merit3 Important meritsof managementInvolvement of the personalOrderly growth of the organisationMotivation of management 13. Demerit3 Important demeritsof managementTime consumingSometime failure of coordinationCostly process 14. ConclusionManagement is very essential for allkind of business or organizationTo achieve the goals of anorganization management isnecessary.All the principal should be practiced inorder to get the accurate result