p.m. (project ppt)

7/29/2019 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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