Professional Documents
Culture Documents
Chapter One
Chapter One
Chapter One
MANAGEMENT
WHAT IS MANAGEMENT?
• Management while performing the activities of getting
thins done by others is required to apply the knowledge
of certain underlying principles which are necessary for
every art
• Management gets perfection in the art of managing only
through continuous practice
• Management implies capacity to apply accurately the
knowledge to solve the problems, to face the situation
and to realise the objectives fully and timely
PURPOSE OF MANAGEMENT
Leading
Use
influence to
motivate
KEY CONCEPTS/FUNCTIONS
• PLANNING
- Planning is the process of making decisions
about future. It is the process of determining
enterprise objectives and selecting future courses
of actions necessary for their accomplishment. It
is the process of deciding in advance what is to
be done, when and where it is to be done, how it
is to be done and by whom.
ORGANIZING
- Organising is concerned with the
arrangement of an organisation’s resources -
people, materials, technology and finance in
order to achieve enterprise objectives. It involves
decisions about the division of work, allocation
of authority and responsibility and the
coordination of tasks.
STAFFING
- Staffing is the function of employing
suitable persons for the enterprise. It may
be defined as an activity where people are
recruited, selected, trained, Developed,
motivated and compensated for manning
various positions
Directing/Controlling
- The function of guiding and supervising the activities
of the subordinates is known as directing .
Points to ponder:
1. Leadership
2. Motivation
3. Communication
4. Supervision
Controlling
- The objective of controlling is to ensure that
actions contribute to goal accomplishment. It helps
in keeping the organisational activities on the right
path and aligned with plans and goals