DBA 1601 MANAGEMENT CONCEPTS

BY S.CHANDRAMOULI FACULTY SAVEETHA ENGINEERING COLLEGE

UNIT ­ 1

EVOLUTION OF MANAGEMENT THOUGHTS COTRIBUTION OF SELECTED MANAGEMENT THINKERS VARIOUS APPROACHES TO MANAGEMENT CONTEMPORARY MANAGEMENT PRACTICES MANAGING IN GLOBAL ENVIRONMENT MANAGERIAL FUNCTIONS

DEFINITION OF Management Management art of Getting things done by a group of people with th effective utilization of resources .

CHARACTERSTICS OF MANAGEMENT ‡ ‡ ‡ ‡ ‡ ‡ ‡ ‡ ‡ Economic Resources Goal oriented Distinct process Integrative force System of authority Dynamic function Social process Management make things happen Intangible forces .

MANAGEMENT SCIENCE OR ART? Science Organized or systematized body of knowledge pertaining to a specific field of enquiry Art .Application of knowledge and personal skills to achieve results .

Evolution of Management Thoughts Classical School Neo-classical school Behavioral Sciences School Modern School .

Contribution of selected Management Thinkers ‡ ‡ ‡ ‡ ‡ ‡ ‡ Frederick Taylor Peter F.Drucker Henry Fayol William Spriegal Koontz and O Donnell Hendry L. Gantt Frank Gilbreth .

Peter F. organs can be described and defined only through their functions.Drucker s definition of Management Management is an organ. .

to co-ordinate. . and to control. to compound.Henry Fayol s definition of Management To Manage is what is to forecast and plan. to organize.

William Spriegal s definition of Management Function of an enterprise which concerns itself with direction and control of the various activiti to attain business objectives. .

working in groups. can perform efficiently and effectively towards the attainment of group go It is the art of getting the work done through and with people formally organised groups. .Koontz and O Donnell s definition of Management Management is the creation and maintenance of an internal environment in enterprise where individuals.

Important Processes of Management Organising Planning Staffing Directing Representing Coordinating Budgeting .

S.CHANDRAMOULI MBA DEPT .

CHANDRAMOULI MBA DEPT .S.

CHANDRAMOULI MBA DEPT .S.

CHANDRAMOULI MBA DEPT .S.

CHANDRAMOULI MBA DEPT .S.

CHANDRAMOULI MBA DEPT .S.

CHANDRAMOULI MBA DEPT .S.

CHANDRAMOULI MBA DEPT .S.

S.CHANDRAMOULI MBA DEPT .

the following principles should be adhered: All the above said principles shall be carried out only if the organization possesses a sound management. .For any organization to be successful.

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