+ All Categories
Home > Documents > PM Lecture Topic 1

PM Lecture Topic 1

Date post: 14-Apr-2018
Category:
Upload: rogil-jacob-daniel
View: 218 times
Download: 0 times
Share this document with a friend

of 13

Transcript
  • 7/30/2019 PM Lecture Topic 1

    1/13

    Perspective

    Management

    Session 1.

    Topic no. 1 Introduction to

    Management

  • 7/30/2019 PM Lecture Topic 1

    2/13

    Contents:

    Concept of Management

    Definitions of Management

    Features of Management

    Nature Of Management

    Functions of Management

    Difference between Administration &

    Management

  • 7/30/2019 PM Lecture Topic 1

    3/13

    Management is what management

    does- James Lundy

  • 7/30/2019 PM Lecture Topic 1

    4/13

    What is Management?

    Definition: Coordinating work activities so that they

    are completed efficientlyand effectivelywith and

    through other people

    Efficiency: getting the most output from the leastinput

    Effectiveness: completing activities so that the

    organizations goals are attained.

  • 7/30/2019 PM Lecture Topic 1

    5/13

    Management is

    Effectiveness

    EfficiencyGetting workdone through

    others

  • 7/30/2019 PM Lecture Topic 1

    6/13

    Definitions of Management

    Organization and coordination of the activities of an

    enterprise in accordance with certain policies and inachievement of clearly defined objectives. --Peter Drucker

    Management is an art of getting things done through and with

    the people in formally organized groups. -- Koontz Henry

    Management is the accomplishment of results through the

    efforts of other people. --Lawrence Appley

    Management is a process of planning, organizing, leading

    and controlling to determine and accomplish the objectives by

    the use people and resources. -- Terry George

  • 7/30/2019 PM Lecture Topic 1

    7/13

    Features of Management

    Management is a1. Process

    2. Is intangible

    3. Social process

    4. System of authority

    5. Goal-oriented process

    6. Dynamic process

    7. Is a group process

    8. Multi disciplinary field

    9. Is an activity

    10. Is universal

  • 7/30/2019 PM Lecture Topic 1

    8/13

    Nature of Management

    Management as a Science, an Art & a Profession:

    Management as a Science

    Systematized body of knowledge,

    Is a social science,

    Is an inexact science,

    Managers vs. Scientists.

  • 7/30/2019 PM Lecture Topic 1

    9/13

    Contd.,

    Management as an Art

    Use of Practical Knowledge and personal skill.

    Management is creative

    Personalized

    Constant practice

    Management as a Profession

    Well defined body of knowledge

    Formal education & training

    Representative body Ethical code of conduct

    Service motto

  • 7/30/2019 PM Lecture Topic 1

    10/13

    Four Functions of Management

    First stated by Henri Fayol (1841-1925)-French CEOof French Mining & Metallurgical Company.

    Planning, Organizing, Staffing, Directing and

    Controlling.

    Now stated as :

    1. Planning

    2. Organizing

    3. Leading

    4. Controlling

    Planning

    Organizing

    Leading

    Controlling

  • 7/30/2019 PM Lecture Topic 1

    11/13

    Is Administration and Management

    same?

    Administration refers to the activities of the higher level of the

    management group who identifies the major aims and policies.

    The overall determination of policies, the setting of major

    objectives and the laying out of broad programmes.- Haimann

    ? Administration is a part of management

    ? Management & Administration are identical

    ? Administration is broader than management

  • 7/30/2019 PM Lecture Topic 1

    12/13

    Distinction between Administration &

    ManagementPoints Administration Management

    Nature Thinking Function (what & when is to

    be done).

    Doing Function (who & how to do

    it).

    Scope Determines broad objectives &

    policies.

    Implements plans and achieves goals

    through people.

    Level Top level function. Middle & lower level function.

    Skills needed Conceptual & human skills. Technical & human skills.

    Represents Owners who invest capital & receive

    profits.

    Paid individuals who work for

    remuneration.

    Usage Mostly in government, military,

    educational, social & cultural

    organizations.

    Mostly in business organizations.

  • 7/30/2019 PM Lecture Topic 1

    13/13

    THANK YOU


Recommended