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  • Principles and Practices of Management SIM - FC.2

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    Management involves getting work done through other people. It is the art of creating an environment where people can perform as individuals and cooperate to achieve goals. Management is a continuous, universal, multidisciplinary, and goal-oriented activity that is dynamic, systematic, and essential for economic growth. As both an art and a science, management facilitates decision-making, resource allocation, and directing activities to attain goals in an effective and efficient manner. The key functions of management include planning for the future, organizing resources, staffing the organization, directing people through communication, motivation and leadership, and controlling events to conform to plans.

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    PPM Session 2

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    Management involves getting work done through other people. It is the art of creating an environment where people can perform as individuals and cooperate to achieve goals. Management is a continuous, universal, multidisciplinary, and goal-oriented activity that is dynamic, systematic, and essential for economic growth. As both an art and a science, management facilitates decision-making, resource allocation, and directing activities to attain goals in an effective and efficient manner. The key functions of management include planning for the future, organizing resources, staffing the organization, directing people through communication, motivation and leadership, and controlling events to conform to plans.

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    21 views8 pages

    Principles and Practices of Management SIM - FC.2

    Uploaded by

    mohammedrahees18
    Management involves getting work done through other people. It is the art of creating an environment where people can perform as individuals and cooperate to achieve goals. Management is a continuous, universal, multidisciplinary, and goal-oriented activity that is dynamic, systematic, and essential for economic growth. As both an art and a science, management facilitates decision-making, resource allocation, and directing activities to attain goals in an effective and efficient manner. The key functions of management include planning for the future, organizing resources, staffing the organization, directing people through communication, motivation and leadership, and controlling events to conform to plans.

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    of 8

    PPM

    PRINCIPLES AND PRACTICES OF MANAGEMENT


    SIM.FC.2

    Management-???

    MMM
    1.Management is an art of getting things done through other
    people-Mary Parker Follett.
    2.Management is the art of creating an environment in which
    people can perform as individuals and yet cooperates towards
    attainment of goals-Harold Koontz

    Nature and Purpose

    Continuous activity
    Universal in nature
    Multidisciplinary
    Group activity
    Goal oriented
    Dynamic
    System of authority
    Is an art and Science

    Importance of Management
    Management is Critical for the growth of
    the economy
    Management is essential-Organised efforts
    Management is dynamic and life giving
    element-Quality and Performance
    Systematic way for achieving results
    It facilitates the decision making
    It solicits both effectiveness and efficiency

    Manager
    Someone who works with and through other
    people by coordinating their work activities in
    order to accomplish organizational goals
    Managerial
    ManagerialActivities
    Activities
    Make
    Makedecisions
    decisions
    Allocate
    Allocateresources
    resources
    Direct
    Directactivities
    activitiesof
    ofothers
    otherstotoattain
    attaingoals
    goals

    Functions of Management
    Koontz and Donnell
    1.Planning-Looking ahead and preparing for the future
    2.Organising-Provide it with everything useful to its
    functioning (Human and Material)
    3.Staffing- Building Human organisation
    4.Directing- Communication ,Motivation and
    Leadership
    5.Controlling-Compels events to conform the plans

    Functions of Management

    The End
    . Q&A- Session

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