Organization and Management Concept

You might also like

Download as pptx, pdf, or txt
Download as pptx, pdf, or txt
You are on page 1of 7

Organization and

Management Concept
Management
Management (or managing) is the administration of
an organization, whether it is a business, a non-
profit organization, or a government body. It is the art and
science of managing resources of the business.

Management includes the activities of setting


the strategy of an organization and coordinating the efforts
of its employees (or of volunteers) to accomplish
its objectives through the application of available resources,
such as financial, natural, technological, and human
resources.
Henry Fayol 14 Principles of
Management

1.Division of Work
2.Authority and Responsibility
3.Discipline
4.Unity of Command
5.Unity of Direction
6.Subordination of Individual Interest
7.Remuneration
Henry Fayol 14 Principles of
Management

8. Centralization
9. Scalar Chain
10. Order
11. Equity
12. Stability
13. Initiative
14. Esprit de Corps
Organization

An organization is a group of two or more


individuals and the coordinated allocation of
resources around a common goal or objective.
Functions of Organization

1.Planning
2.Organizing
3.Leading
4.Staffing
5.Controlling
Thank you!

You might also like