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Iipm-Process Managment-II Set - 2010
Iipm-Process Managment-II Set - 2010
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5 C¶s of
Management
process
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Management Process
Business of Management
Vs
Management of Business
j at is a process ?
Process is t e way and means to ac ieving a
result
Processes can be man-made or natural but
cannot defy t e laws of cosmos/nature.
Process is generally inter-related wit ot er
processes or entities(means)
j at is management?
A process of designing and maintaining an
environment in w ic individuals working
toget er in groups efficiently accomplis
selected aims ± Koontz
j at is planning?
A dynamic and recorded uman process
using intelligence and resources for a
purpose(result) by considering or finding
answers to difficulties, factors and c ange.
Planning is universal and all pervasive; it is t e first p ase
of any management cycle. T e efficiency and
effectiveness of a plan is seen in its implementation
facilitated by controls. Plans wit out controls tend to go
out of stream or direction and t e c ances of success can
be distorted or even diverted. T erefore we may state t at
planning and control are two sides of t e same coin. .
Strategic
Tactical
Operational
Management Process modules
Nature of Process of
Organization & Management ±
Management Planning, Organizing,
P ilosop ies & Staffing, Leading,
approac es to foundations and new
management practices insig ts,
Functional aspects of communication &
management control
Management Process modules ±
cont¶d
R
± Learning & knowledge management
- Family business
- Internetworking & E-business
- International Management
Nature of Organization
j y organize?
Organization and System (open and closed)
How to organize?
Organization as a System
PROCESS
ENTITIES
Controls
j y organize?
j en plans can fail?
j en c ange is inevitable?
j en future decisions result in
uncertainties?
j en t ere is insufficient data for decision
making?
j en t ere is no or minimum cooperation?
j en wastage is inevitable?
How to Organize?
List all work activities and group t em into related
categories
Identify exclusive work and treat t em after taking care
of similar or related categories
Create |
Design communication & reporting met odologies and
ierarc ies respectively
Allocate resources for t e above
Place Control mec anisms to align wit ot er functions
in t e value c ain
P ilosop ies of Management
Production
Product
Selling
Marketing
Societal marketing
Quality
Tec nology
Management Approac es
Classical
Hawt rone experiments
Be avioral
Modern Management
Management - Functional &
Operational
Planning Production
Organizing Personnel & Labor
Staffing Finance &
Leading Administration
Directing MIS ± ERP
Controlling Marketing & Branding
Reporting Researc &
Coordinating Development
Budget & Auditing Growt & Quality
assurance
Communication & Control
j at is control? Levels of control
Controls s own by manager ± AI to GII
Feed-forward, Concurrent and Feedback
Reporting & Budgeting
Financial controls (Ratio analysis)
Centers of Responsibility
Integrating effective communication wit
controls
Human Resources Planning
ã
procurements
Quality,
È Standards and
jare ouse &
Transportation Growt
Milling, Grinding,
Drilling, Tuning,
Regulations Painting, Drying,
& Policies ..ot er producing
jork..
Administration
Security & &
Maintenance Relations & Control
Recreations,
Labor -welfare
Finance & Insurance ± w y &
w at?
Risk
Uncertainty Types of Insurance
Underwriters (property, weat er,
ve icle, travel, t eft,
Fiscal economics
business, ealt ,
(public expense +
natural disaster or
taxation system ±
anyt ing)
direct & indirect)
- Life and Non life
Monetary policies
- Combinations - Riders
Balance of Payments
Insurance is a subject matter of solicitation..
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Stages of Moral
Et ics
Development
* Self Principled
* Conventional
*Pre-conventional Self
( Fear, Reward, Expected,
Promised, as per society
and as per Self-will even
If against law or society )
Internet and E-Business
Networks is t e µarmy of management¶ ±
watc µwarriors of t e net¶
Virtual office
E-commerce
BI ± Business intelligence (Strategy + Tactics)
EB = BI + SCM + CRM + ERP
Networks
LAN, MAN. jAN
Simplex, Duplex ± LBT & LjT
Topology ± refers to arc itecture connecting
computers or ot er networks (examples are
BUS, RING, STAR ..)
Networking Protocols
Family Business (employment &
employability)
R# -
$
Leads to future
Sustenance
Environment and
Resources protection, Social, Cultural
Ecological balance Global integration +
Local differentiation
In armony
ã