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MANAGEMENT PROCESSES

OBJECTIVES
The course aims at
• Providing conceptual understanding of management concepts
• Familiarising the students with the contemporary issues in management, and
• Enabling them to apply the concepts in the Management organization

UNIT-I
Nature of Management – Tasks of a Professional Manager - Social Responsibilities of Business – Manager and
Environment – Systems Approach to Management – Levels in Management – Managerial Skills.
UNIT-II
Planning – Steps in Planning Process – Scope and Limitations – Short Range and Long Range Planning –
Flexibility in Planning – Characteristics of a Sound Plan – Management by Objective (MBO) – Policies and
Strategies – Scope and formulation – Decision Making – Techniques and processes.
UNIT-III
Organising – Organisation Structure and Design - Authority Relationships – Delegation of Authority and
Decentralisation – Interdepartmental Coordinator – emerging Trends in corporate Structure, Strategy and
Culture – Impact of Technology on Organisational design – Mechanistic vs. Adoptive Structures – Formal and
Informal Organisation.
UNIT-IV
An Overview of Staffing and Directing functions – Controlling – Prerequisities of Control Systems – Control
Process – Methods, Tools and Techniques of Control – Design of techniques – Choices in Control.
UNIT-V
Comparative Management Styles and approaches – Japanese Management Practices – Organisational Creativity
and Innovation – Management of Innovation – Entrepreneurial Management – Benchmarking – Best
Management Practices across the world – Select cases of Domestic & International Corporations – Management
of Diversity.
TEXT BOOKS:
1. Koontz & Weirich: MANAGEMENT, McGraw-Hill.
2. Richard M. Hodgets: MANAGEMENT, Academic Press

REFERENCES
1. Hampton: MANAGEMENT, McGraw-Hill.
2. Stoner & Wankel: MANAGEMENT, Prentice-Hall.
3. Peter F. Drucker: PRACTICE OF MANAGEMENT, Pan Books
4. Peter F. Drucker: INNOVATION AND ENTREPRENEURSHIP, Heinman.
5. Important Business Magazines like Business India, Business World and Fortune International
6. Any one Financial Daily Economic Times Financial Express, Business Standard