Professional Documents
Culture Documents
Introduction To Principles and Functions of Management
Introduction To Principles and Functions of Management
Introduction To Principles and Functions of Management
and Functions of
Management
• Management:
• Meaning, Principles and
Functions of Management.
• Different Schools of Management
and Management Thought.
me n t Is …
Manage
Efficiency
Getting work
done through
others Effectiveness
n cy a n d
Efficie
cti ve n es s
Effe
Principles of Management – F.W. Taylor
Motion Study
Breaking each task into its separate
motions and then eliminating those that are
unnecessary or repetitive.
Functions of Management
Principles of Management – Henry Fayol 14
Division of Work: allows for job specialization. Work .1
.should be divided among individuals and groups
Authority and Responsibility: Authority right to .2
give orders. Responsibility involves being answerable
Whoever assumes authority assumes responsibility
Discipline: Common efforts of workers. Penalties .3
Unity of Command: Employees should have only .4
.one boss
Unity of Direction: A single plan of action to guide .5
.the organization
Subordination of individual interests to the .6
general interests of organization
Remuneration: An equitable uniform payment .7
.system that motivates and contribute to success
Centralization: The degree to which authority rests .8
.at the top of the organization
.Scalar Chain: Chain like authority scale .9
Order: The arrangement of employees where they .10
.will be of the most value to the organization
Equity: The provision of justice and fair dealing .11
Stability of Tenure of Personnel .12
Initiative .13
Esprit de corps: Harmony, general good feeling .14
among employees
Planning and
Decision Making
INPUTS
Human,Capital,Managerial,
Technological,Goals
C
Planning O
External environment
M
M -opportunities
Organising U
N -threat
Staffing I
C
A
Leading T
I
Controlling O
N
OUTPUTS
Products, Services, Satisfaction,
Goal integration, Profits, etc.
Organizing
• Deciding where
decisions will be made
Inspiring
Leading
Motivating
Controlling
Monitoring progress
towards goal achievement
and taking corrective
action when needed
Levels and Areas of Management
Levels of Management
Top managers
Middle managers
First-line managers
s
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Areas of Management
H
Role of Top Managers
Creating a context for change
Developing commitment
and ownership in employees
Motivation to
Conceptual Skills
Manage
Managerial Challenges
Ethics
Knowledge
Management
Diversity
MANAGER
Innovation Globalization
Customers E-Business
History: Schools of Management Thought (start)
Quality
Viewpoint
Contingency
Viewpoint
Systems
Viewpoint
Behavioral
Viewpoint
Traditional
Viewpoint
1910
Traditional Viewpoint
Administrative
Management
Bureaucratic Goals:
Efficiency
Management
Consistency
Scientific
Management
Characteristics of Bureaucratic Management
Fourteen Principles of
Management given by
Henry Fayol
What is Behavioral Viewpoint
Focuses on dealing effectively with the
human aspects of organizations
Important
Contingencies
Decreased
Product Liability
Quality
Managerial Roles
Interpersonal Informational Decisional
Negotiator