Professional Documents
Culture Documents
Introduction to Concepts of
Management
Course Leader
R Arun
1
Faculty of Engineering & Technology Ramaiah University of Applied Sciences
Lecture Objectives
At the end of this lecture, the students would be able to
Describe the nature and characteristics of management
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Faculty of Engineering & Technology Ramaiah University of Applied Sciences
Management
Process of planning, organizing, resourcing, leading or
directing and controlling an organization or effort for
accomplishing a goal
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Faculty of Engineering & Technology Ramaiah University of Applied Sciences
Management Contd
Management is knowing exactly what you want men to
do and then seeing that they do it the best and cheapest ways
- F W Taylor
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Faculty of Engineering & Technology Ramaiah University of Applied Sciences
Nature of Management
Multidisciplinary
Although it is a separate discipline, it draws knowledge and concept
from various disciplines
It draws ideas and concepts from disciplines such as psychology,
sociology, anthropology, economics, statistics, etc.
It integrates ideas and concepts taken from other disciplines and
presents newer concepts which can be put into practice for managing
the organization
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Faculty of Engineering & Technology Ramaiah University of Applied Sciences
Nature of Management Contd
Relative, not absolute principles
Principles of management are relative, not absolute, and should be
applied according to the need of the organization
Every organization is different from the other
Science or art?
There has been a long lasting debate on whether management is a
science or an art
Management as Profession?
Management has been regarded as profession by many, while there are
some who are of the opinion that it is just a part of the profession
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Faculty of Engineering & Technology Ramaiah University of Applied Sciences
Characteristics of Management
Setting goals for organizations
Organizational goals differ between two or more organizations
For a manufacturing organization, the most important goal is
maximizing profit
Similarly, for a service organization, providing better service will be of
utmost importance
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Faculty of Engineering & Technology Ramaiah University of Applied Sciences
Characteristics of Management Contd
Management is a transformation process
Management is a process that facilitates smooth transformation of
inputs to output
Management is Universal
Principles and techniques of management are universally applicable to
all group activities performed at any level of organization
System of authority
Management has hierarchy of command and control
Managers at different levels possess varying degrees of authority
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Faculty of Engineering & Technology Ramaiah University of Applied Sciences
Characteristics of Management Contd
Co-ordination
An organization comprises of various human personnel organized in
formal groups to achieve common organizational objectives
Hence various departments in the organization should work in
harmony with each other
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Faculty of Engineering & Technology Ramaiah University of Applied Sciences
Basic Functions of Management
PLANNING
ORGANIZATION GOALS
CONTROL ORGANIZING
CHANGE
LEADERSHIP
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Faculty of Engineering & Technology Ramaiah University of Applied Sciences
Basic Functions of Management Contd
Planning: Deciding what needs to happen in the future
and generating plans for action
Development of resources
Management develops various human and non-human resources
Most of the researches for resource development are carried on in an
organization way and management is involved in those activities
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Faculty of Engineering & Technology Ramaiah University of Applied Sciences
Benefits of Management Contd
Incorporates Innovations
Changes in the market are occurring at a rapid pace
Technological and social processes are to be structured for
incorporating the changes so that the organization remains competitive
and efficient
This requires high degree of specialization, high level of competence,
and complex technology
These characteristics require effective and efficient management
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Faculty of Engineering & Technology Ramaiah University of Applied Sciences
Benefits of Management Contd
Integrating various interest groups
There are various interest groups in an organization who put pressure
over other groups for maximum share in combined output
Management integrates these interest groups such that all the groups
get an optimized share of the obtained output
Top Management
White-Collared Board of Directors, Managing Director,
Owners, CEOs, Shareholders etc.
Personnel
Upper Middle Management
General Managers, Executive posts, Heads of Departments etc.
Lower Management
Foremen, Supervisors, Office Superintendents, Inspectors etc.
Operating Force
Workers, Operators, working personnel etc.
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Faculty of Engineering & Technology Ramaiah University of Applied Sciences
Functions of Levels of Management
Top Management
Setting basic goals and objectives
Expanding or contracting activities
Establishing Policies
Monitoring Performance
Designing/Redesigning organization systems
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Faculty of Engineering & Technology Ramaiah University of Applied Sciences
Functions of Levels of Management Contd
Lower Management
Direct supervision of workers and their work
Develop and improve work methods and operations
Inspection Functions
Imparting Instructions to workers
Provide a finishing touch to organizational plans and policies
Communicate the views of the workers to the top management
Operating Force
Work on machines, machine tools etc.
Follow instructions of the supervisors and lower management
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Faculty of Engineering & Technology Ramaiah University of Applied Sciences
Management v/s Leadership
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Faculty of Engineering & Technology Ramaiah University of Applied Sciences
Management v/s Leadership Contd
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Faculty of Engineering & Technology Ramaiah University of Applied Sciences
Summary
Management is a process of planning, organizing,
resourcing, directing and controlling an organization or
effort for accomplishing a goal