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Theories and Principles of Management- Report

Theories and Principles of Management- Report

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Published by: iccometa on Feb 16, 2010
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THEORIES AND PRINCIPLES OF MANAGEMENT
MANAGEMENT:
-is the process of reaching organizational goals by working with people and other resources.-knowing what you want people to do, and then getting them to do it the best way.
FIVE MAJOR FUNCTIONS
Planning
Organizing
Staffing
Directing
Controlling
PLANNING:
-Determining the organization’s goals and deciding how best to achieve them. Planning involveschoosing tasks that must be performed and how and when they will be performed.-This will involve developing strategies, precise tactics, and allocating resources of people and money.
3LEVELS OF PLANNING:1.)
 Strategic Planning 
( Board Level and Top Management )
 -
Involves vision and mission.-Determines the direction of organization, allocates resources, assigns responsibilities, and determinetime frame.
2.)
Tactical Planning ( Middle Management )
 -Responsible for translating strategic plan into shorter-term
tactical plan
-
allocating available resources tospecific purposes expressed in budgets.
3.)
Operational Planning (Supervisory Level )
-first level supervisors on the firing line of daily operations accomplish operational planning.
FACTORS AFFECTING PLANNING:
Objectives
Controls
Delegations
 
Communications
Resources
Methods and procedures
Manpower 
Equipment
Supplies and materials
Utilization of time
Safety
Money
Timing of improvements
ORGANIZING:
-assigning tasks to various individuals or groups; puts plan into action.-Involves establishing a formal structure that provides the coordination of resources to accomplishobjectives, establish policies and procedures, and determine position qualifications and description.
STAFFING:
-is the flow of employees into, through, and out of the organization.-Involves the selection of personnel and assignment systems and the determination of staffing schedules.
DIRECTING:
-guiding the activities of the organization’s members.-The ultimate goal for influencing people is to achieve the organization’s goals.-Require good communication skills and assertive behavior.
CONTROLLING:
-is the continuing process of monitoring the progress being made by your workers.-Controlling involves gathering information and measuring performance.
 
CONTEMPORARY CONCEPTS OF MANAGEMENT:
Management is the process of coordinating human informational, physical, and financial resources toaccomplish organizational goals.
Management is the process by which human efforts are coordinated and combined with other resources to accomplished organizational goals and objectives.
Management is the process of coordinating the resources of an organization so as to achieve the primary goals of the organization.
Management is the process of planning, organizing, leading, and controlling a business’s financial, physical, human and information resources in order to achieve goals.
Management involves coordinating the human, accomplishing organizational goals effectively andefficiently.
Management is the process of reaching organizational goals by working with and through people andother organizational resources.
Management is the process by which cooperative group directs actions of others toward commongoals.
Management is the process of working with and through others effectively achieve organizationalobjectives by efficiently using limited resources in a changing environment.
Management is the coordination of all resources through the process of planning, organizing,directing, and controlling in order to attain stated objectives.
Management is establishing an effective environment for people operating in formal organizationalgroups.
Management entails activities undertaken by one or more group in order to coordinate the activities oothers in the pursuit of ends that cannot be achieved by any one person.
Management is a process imbedded in a system of patterned relationships.

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