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Natureandconceptofmanagement Word
Natureandconceptofmanagement Word
Natureandconceptofmanagement Word
MANAGEMENT
Ms. Lalaine B. Cazar
References: http://kalyan-city.blogspot.com/2011/04/what-is-
management-definitions-meaning.html
http://www.slideshare.net/robingulati30/concept-
nature-purpose-of-management
https://www.managementstudyguide.com/what_is_ma
nagement.htm
TThhaatt'’ss NNoott MMyy JJoobb
This is a story about four people named Everybody,
B. MODERN CONCEPT
• Management is establishing an effective environment for people operating in formal
organizational group. (koontz and op’donnel)
• Management is the co-ordination of all resources through the process of Planning, Organizing,
Directing and Controlling in order to attain stated objectives. (F.W. Taylor)
DDeeffiinniittiioonn ooff
MMatoaHarold
According nnaKoontz,
a g g e e m me e n n t t
"Management is the art of getting things done
cheapest way."
Management can be defined in the following categories :
1. Management as a Process
2. Management as an Activity
3. Management as a Discipline
4. Management as a Group
5. Management as a Science
6. Management as an Art
7. Management as a Profession
BBaassiicc FFuunnccttiioonnss
ooff MMaannaaggeemmeenntt
1. Planning
- involves selecting a course of action and specifying how the action will be
implemented to attain the organization’s objectives.
2. Organizing
L
e
a
d
i
n
g
- This requires the ability to motivate and effectively direct people.
Managers assign tasks to employees, arbitrate disputes, answer
questions, solve on-the-spot problems, and make many small
decisions that affect customers and employees.
4.
Con
troll
ing
Top management lays down the objectives and broad policies of the
enterprise.
It issues necessary instructions for preparation of department budgets,
procedures, schedules etc.
It appoints the executive for middle level i.e. departmental
managers.
It controls & coordinates the activities of all the departments.
It is also responsible for maintaining a contact with the
outside world.
The top management is also responsible towards
the shareholders for the performance of the
enterprise.
Lleevveelsls ooff
MMMa ddn
Miida leeaLa
dln Leg vee
evg l om
ele MMeae
off m ann
nan
aggeemmeenntt
The branch managers and departmental managers constitute middle level.
• They are responsible to the top management for the functioning of their
department.
They devote more time to organizational and directional functions.
They execute the plans of the organization in accordance with the policies
and directives of the top management.
• They interpret and explain policies from top level management to lower
level.
• It also sends important reports and other important data to top
level management.
• They are responsible to the top management for the functioning of their
department.
They devote more time to organizational and directional functions.
They execute the plans of the organization in accordance with the policies
and directives of the top management.
• They interpret and explain policies from top level management to lower
level.
• It also sends important reports and other important data to top
level management.