principles of management- planning
TRANSCRIPT
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TRINITY INSTITUTE OF PROFESSIONAL STUDIES
Sector – 9, Dwarka Institutional Area, New Delhi-75Affiliated Institution of G.G.S.IP.U, Delhi
BCA (Second Semester)
Principles of Management20104
Management-Concept & Meaning
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TRINITY INSTITUTE OF PROFESSIONAL STUDIESSector – 9, Dwarka Institutional Area, New Delhi-75
Management- Traditional Approach
• “Management is defined as the art of getting things done through others.”
– Art: a range of skills are required to get things done from others
– Get things done: to get things done in an organized and disciplined manner
– Through people: people who may be managers or non-managers.
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TRINITY INSTITUTE OF PROFESSIONAL STUDIESSector – 9, Dwarka Institutional Area, New Delhi-75
Modern Approach
• “Management is the process of getting things done with the aim of achieving organizational objectives effectively and efficiently. “
• “Management is the creation and maintenance of an internal environment in am enterprise where individuals, working in groups, can perform efficiently and effectively towards the attainment of group goals.” [Harold Kootz & Weirich]
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TRINITY INSTITUTE OF PROFESSIONAL STUDIESSector – 9, Dwarka Institutional Area, New Delhi-75
Management - Meaning
• Management as an economic resource
Management
Manpower
Materials
MachineryMethods
Money
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TRINITY INSTITUTE OF PROFESSIONAL STUDIESSector – 9, Dwarka Institutional Area, New Delhi-75
Management - Meaning
• Management as a team
• Management as an academic discipline
• Management as a process
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TRINITY INSTITUTE OF PROFESSIONAL STUDIESSector – 9, Dwarka Institutional Area, New Delhi-75
Management: Nature & Characteristics
• Universal process• Goal oriented/ is a purposeful activity• Continuous process• Creative• Coordinative or unifying force• Group phenomenon• Intangible force• Social process• Multidisciplinary• Balances effectiveness and efficiency• Situational• Executive function• Art as well as science
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TRINITY INSTITUTE OF PROFESSIONAL STUDIESSector – 9, Dwarka Institutional Area, New Delhi-75
Management as an Art
• Main elements of art are:– Personal skills– Practical know-how– Result-orientation– Creativity– Constant practice aimed at perfection
Management complies with the above points, so it is an art.
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TRINITY INSTITUTE OF PROFESSIONAL STUDIESSector – 9, Dwarka Institutional Area, New Delhi-75
Management as a Science
• Essential elements of science are:– Systematized body of knowledge– Contains unifying principles and theories – Has universal applicability– Can be taught and learnt
Since Management conforms to the above points, it is said to be a science.
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TRINITY INSTITUTE OF PROFESSIONAL STUDIESSector – 9, Dwarka Institutional Area, New Delhi-75
Importance of Management
• Accomplishment of goals• Effective utilization of goals• Sound organization• Providing vision and foresight• Harmony in work• Helping the employees in achieving personal
objectives• Development of society and nation
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Thank You
TRINITY INSTITUTE OF PROFESSIONAL STUDIESSector – 9, Dwarka Institutional Area, New Delhi-75