INTRODUCTION TO

MANAGEMENT
 LEARNING OBJECTIVES

• Describe about the definition of Organization and Management

• Describe the relationship between organization and management
• Describe the importance of management
• Describe the basic functions of management
 INTRODUCTION

What is organization?
What is management?
 DEFINITION OF ORGANIZATION

An organization is defined as :
A systematic arrangement of people
brought together to accomplish some
specific purpose.
 CHARACTERISTICS OF
ORGANIZATION

A distinct goal and purpose

Comprises people working together to
accomplish certain objectives
A systematic structure
An aim to serve society
 DEFINITION OF MANAGEMENT

How does an organization achieve its objectives?

What is needed to ensure that organizational goals are
met?

The answer is MANAGEMENT.

MANAGEMENT is fundamental to guiding any

organization towards accomplishment of goals.
 DEFINITION OF MANAGEMENT
Classic Definition
The art of getting things done
through people.
As art implies the application of
both knowledge and skills in
reaching desired results.
Broad Definition
Management is a purposive
activity.
Directs group efforts towards the
attainment of certain pre-
determined goals.
The process of working with and
through others to effectively
achieve the goals of organization.
 IMPORTANCE OF MANAGEMENT

Management : universal phenomenon – it is popular

and widely used term.
Organization : big or small, business-oriented or non-
profit business, politically, culturally or social-driven
and so forth
All are involved in management because :
It is management which directs the various efforts
towards a definite goal or purpose.
 AIM OF MANAGEMENT

Management achieves organizational goals

Management efficiently utilizes resources
Management is essential for prosperity of
society
Management address the challenges of
management
Management establishes equilibrium
 MANAGEMENT ACHIEVES ORGANIZATIONAL GOALS

Avoid wastage – time, money and effort

Ensures disorganized resources (people, machinery,
time, money and so forth) are put to good use.
Management achieves this via assembling and
arranging these factors of production in a effective
manner to achieve the goal.
These resources are coordinated, directed and
controlled in such a manner that works to attain said
goals.
 MANAGEMENT EFFICIENTLY UTILIZES RESOURCES

Utilizes all resources productively.

Provides maximum utilization of scarce resources by
selecting its best possible usage in industry through
experts and professionals.
These services leads to the use of their skills and
knowledge.
Proper management also simplifies tasks especially
difficult ones.
 MANAGEMENT IS ESSENTIAL FOR PROSPERITY OF
SOCIETY

Efficient management enables an organization to

conduct quality research and development to produce
new products.
Maximum output at a minimum cost
Leads to better economy which in turn will be
beneficial to society
More employment opportunities and income, society
will benefit from improved standards of living and
welfare.
 MANAGEMENT ADDRESS THE CHALLENGES OF
MANAGEMENT

Management essential to address the challenges of

management.
Example : it helps organizations to develop strong work culture
and group cohesiveness, which are required for organizational
success.
To create a synergy of an organization’s knowledge,
experience, relationships, processes, discoveries, innovations,
market presence and community influence.
This helps to address the growing importance of intellectual
capital.
 MANAGEMENT ESTABLISHES EQUILIBRIUM

Management enables an organization to survive in a dynamic

environment.
To keep in touch with current development and adjust or adapt
to changes in its environment by changing internally
Example : adapting to altering market demands or the evolving
needs of society.
Management is responsible for the continual growth and
survival of any organization.
 PROCESS OF MANAGEMENT

Process : way of doing things, which is ongoing and

systematic.
Process of management : referred to a process to
emphasize that all managers, regardless of their
specific aptitudes or skills, engage in certain
interrelated functions to achieve certain desired goals.
 MANAGEMENT FUNCTIONS

CONTROLLING

LEADING

ORGANIZING

PLANNING
 Planning
Defining goals,
establishing strategies and
developing action plans to
coordinate activities

Oganizing
Controlling
Achieving an Determining what
Monitoring activities
organization’s needs to be done, how
to ensure that they are
purpose it will be done and
achieved as planned.
who is to do it.

Leading
Directing and motivating
all parties involved, and
resolving conflicts.