p.m. (project ppt)
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NCRDS STERLING INSTITUTE OF MANAGEMENT STUDIES
PRESENTATION
ON
INTRODUCTION TO MANAGEMENTPresented To, Presented By,Prof. Dr. Arjita Jain Mr. Amit Singh (63)
Mr. Sandip Tikhe (66)Ms. Supriya Bhagat (89)
Ms. Vaishali Khilari (92)
Ms. Shraddha Mhaske (99)
(FY-MMS,DIV-B)
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MANAGEMENT
Management can be defined as all the activities and tasksundertaken by one or more persons for the purpose of planningand controlling the activities of others in order to achieve anobjective or complete an activity that could not be achieved bythe others acting independently
Management is the coordination of all resources through theprocesses of planning, organizing, directing and controlling ,motivating in order to attain the specific objectives
Management is the Process of getting things done Effectivelyand Efficiently, through and with other people
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EFFICIENCY & EFFECTIVENESS
Input
Resource
Input
Efforts
SUCCESS
Low
WasteHigh
Efforts
(Efficiency) (Effectiveness)
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CHARACTERISTICS
Goal-Directed Activity
Co-ordination
Decision Making
Economic Activity
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MANAGERIAL FUNCTIONS
Management
Planning Organizing Staffing Directing Controlling
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LEVELS OF MANAGEMENT
Power
Concentration
Director of
Institute
Head of
Committee
Members ofCommittee
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SCIENCE
Science is a systematic body of knowledge based on
certain principles, capable of general application and
also pertaining to a specific field of enquiry
This knowledge is obtained through the process of
observation, experimentation and testing
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MANAGEMENT AS A SCIENCE
Management is a science because it has all the
characteristics of science i.e
Systematic body of knowledge
Management is a social science
Management is a soft science
Management is an inexact science
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ARTS
It is the application of knowledge and personal skills
to achieve results
It is based on the knowledge of principles offered by
science
It can be improved through constant practice only
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MANAGEMENT AS AN ART
Management is a arts because it has all thecharacteristics of arts i.e
Use of Knowledge
Creative Art
Personalized
Constant Practice
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DIFFERENCE BETWEEN SCIENCE &
ARTS
SCIENCE ARTS
Advance by knowledge
Proves by experiment
Predicts
Defines
Advance by practice
Feels
Guesses
Describes
Thus, management is art as well as science
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ENVIRONMENT
Business organization is greatly influenced by the
happening in its environment
Business environment strongly influences the
achievement of intended objectives,implementation of
strategies, internal functioning and even the existence
of business organization
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Internal Environment
Environment of Business
Management
External Environment
Micro Environment Macro Environment
TYPES OF ENVIRONMENT
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INTERNAL ENVIRONMENT
Internal environment consists of the elements that arewithin the business organization and largely under its
control
The elements constituting the internal environment are :-
InternalEnvironm
ent
Management structureand nature
Financialfactors
Physicalassets and
facilities
Labour
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EXTERNAL ENVIRONMENT
All outside factors that may affect on an organizationmake up
The elements of the external environment are not
within the direct control of the organization
Two Type:-
Micro Environment
Macro Environment
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MICRO ENVIRONMENT
The micro environment is also known as the task
environment and operating environment because the
micro environmental forces have a direct bearing on the
operations of the firm
The Constituents of micro environment :-
Suppliers Customers
Competitors
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MACRO ENVIRONMENT
The macro environment consists of constituents that are
beyond the control of business organization
The effect of changes in the macro environment on the
business is indirect
Therefore, it is also termed as General (Societal)Environment
The Constituents of macro environment :-
Social Environment Political Factor
Technological Factor
Economic Factor
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MANAGERS
Person responsible for planning & directing the work
of a group of individuals, monitoring their work, and
taking corrective actions when necessary
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ENTREPRENEURS
A person who organizes and manages any enterprise,
especially a business, usually with considerable
initiative and risk
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MANAGER V/S ENTREPRENEUR
CHARACTERISTICS ENTREPRENEUR MANAGER
1) Behavior Characterized by Desire for Control Delegation of Authority2) Management Style One-man show Management Team3) Driving Force Creativity-Innovation Establish and preserve the status
quo4) Organizational Growth Rapid reaction Strategic Planning5) Decision Making Intuitive Collect information And Seek
Advice6) Definition of Aim In Terms of VISION In Commercial Terms7) Attitude towards Risk Calculated Risk Avoids/Minimizes Risk8) Attitude towards Money A By-Product A Measure of Success9) Status Self-employed Salaried Person
10) Reward Increased Profits Bonus
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CONCLUSION
There is no simple process to help an individual
become an effective manager
There are many different opinions with respect to
what a manager actually is: a Facilitator orControlling
Manager should know when to perform which role in
order to get things done through people in an effective
and efficient manner
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Facts Scientific Tools Ltd. is the company based in Mumbai and has a turnover of
Rs. 30 crores
Mr. R. S. Tiwari was promoted from a field sales manager to the head officeas an assistant product manager and he was well qualified for this post
Mr. Aspi Bhatena is the VicePresident of the marketing department. He isvery disciplined and straight forward
Mr. Sunderlal is the marketing Director of Scientific Tools Ltd
Mr. Aspi called a meeting of the product manager and other staff to planmarketing strategies. But, since the product manager was not present, Mr.Sunderlal invited Mr. Tiwari to attend the meeting just to orient him to hisnew job
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Issues
Since Mr. Aspi was not getting satisfying answers from
the staff, he became very furious and later turned to Mr.
Tiwari and asked him about his group of product, Mr.
Tiwari in all honesty accepted that he did not know theanswers
On hearing this reply, Mr. Aspi was visibly shaken. He
addressed everyone and told that such a person does notdeserve to be part of this organization
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Strengths:
(1) Mr. Aspi is very goal oriented
(2) He is very disciplined
(3) Straight forward
Weakness :
(1) Short tempered
(2) Doesnt care for others feelings
(3) DeMotivating the employees
Opportunity:
(1) Improving his behaviour
Threats:
(1) Lack of job satisfaction for theemployees
(2) This would lead to employees -----
leaving the organization .
SWOT
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