1. what is management gp
TRANSCRIPT
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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
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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.”
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Who Are Managers?Manager
Someone who works with and through other people by coordinating their work activities in order to accomplish organizational goals
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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
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Managerial Levels
TopManagers
Middle Managers
First-Line Managers
Nonmanagerial Employees
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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.
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Definition of Management:
Management is the process of designing and maintaining an environment in which individuals, working together in groups, efficiently accomplish selected aims
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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.)
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Managerial Concerns
Efficiency “Doing things right”
Getting the most output for the least input
Effectiveness “Doing the right things”
Attaining organizational goals
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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.
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What Do Managers Do?Functional Approach
PlanningOrganizingLeadingControlling
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Planning
A process that includes defining goals, establishing strategy, and developing plans to coordinate activities.
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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.
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Leading
A function that includes motivating employees, directing others, selecting the most effective communication channels, and resolving conflicts.
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Controlling
Monitoring activities to ensure they are being accomplished as planned and correcting any significant deviations.
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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
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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
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What Do Managers Do? (cont’d)Skills Approach
Technical skillsHuman skillsConceptual skills
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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.
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Skills Needed at Different Management Levels
TopManagers
MiddleManagers
Lower-levelManagers
Importance
ConceptualSkills
HumanSkills
TechnicalSkills
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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
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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
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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
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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
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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
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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
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Importance of ManagementInnovationCo-ordination and team-spiritTackling problemsA tool for Personality Development
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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
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Principles of ManagementDivision of workAuthority & responsibilityDisciplineUnity of commandUnity of directionSubordinate of individual interest to group interestRemuneration of personnelCentralizationScalar Chain
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Principles of ManagementOrderEquityStability of tenure of personnelInitiativeEspirit De Corps
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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