Professional Documents
Culture Documents
Controlling Organizing
Management
Co-ordinating Staffing
Directing
Functions of management
MBO is "a process whereby superior and
subordinate managers of an Organization jointly define
its common goals, define each individual's major areas
of responsibility in terms Of results expected of him
and use these measures as guides for operating the unit
and assessing the contribution of each of its
members."
George Odiorne
All individuals within an organization are assigned a
special set of objectives that they try to reach during a
normal operating period.
Performance reviews are conducted periodically to
determine how close individuals are to attaining their
objectives.
Rewards are given to individuals on the basis of
how close they come to reaching theirgoals.
• Translate main statement into operational
terms.
• To give directions and set standards for the
measurement of performance.
• Tomeasure and judgeperformance
• To relate individual performance to
organizational goal
• To foster increasing competence and growth
of subordinates
• To enhance communication between
superiors and subordinates
• Toserve as a basis for judgments about salary and
promotion
• Tostimulate subordinatesmotivation
• Toserve as a device for organizational control and
integration
• Toset long term and short term objectives
Define
Organization
al Goals
Define
Performance
Employee
Appraisals
Objectives
Continuous
Monitoring
Providing
Of Employee
Feedback
Performance
And Progress
Perfor mance
Evaluation/
Reviews
Develops result-orientedphilosophy
Formulation of dearergoals
Facilitates objectiveappraisal
Raises employeemorale
Facilitates effectiveplanning.
Acts as motivationalforce.
Facilitates effectivecontrol
Facilitates personalleadership.
Basis for organizationalchange
Time-consuming
Failure to teach MBOphilosophy
Reward-punishment approach
Increases paper-work
Creates organizational problems
Develops conflicting objectives
Problem of co-ordination
Lacks durability
Type of management in which employees at all levels are encouraged
to contribute ideas towards identifying and setting organizational-
goals, problem solving, and other decisions that may directly affect
them. Also called consultative management.
Participatory management is the practice of empowering members
of a group, such as employees of a company or citizens of a
community, to participate in organizational decision making.
Meaning of planning
The first and foremost function of management is planning.
Simply, planning is deciding in advance what should be
done.
Definition
Planning is deciding the best alternative among others to
perform different managerial operations in order to achieve
the predetermined goal.
- Henry fayol
1. It focuses on objective
2. It helps to avoid “no work” or “work pressure” situation.
3. It helps to avoid wastage of resources
4. It ensures efficiency as well as effectiveness
5. It reduces risk and uncertainty
6. It provides for co-ordination
7. It facilitates control
8. Planning also provide scope for decentralization
1. Uncertain nature
2. Expensive
3. Rigidity
4. Loss of initiative
6. Complacent attitude
1. Identifying business opportunities
2. Establishment of objectives
3. Short-term planning
Meaning
Decision making is the process of selecting one alternative from
among a number of alternatives available.
Definition
decision making is a process of selection from a set of
alternative course of action which is thought to fulfill the
objective of the decision problem more satisfactory than others.
- Haynes and Massie
1. Identifying and understanding the problem
7. Review
1. Organizational decisions
2. Personal decisions
3. Strategic or basic decision
4. Routine or repetitive decisions
5. Policy decisions
6. Operating decisions
7. Programmed or structured decisions
8. Non-programmed or unstructured decisions
9. Individual decisions
10. Group decisions
Definition
- Wheeler
1. Objective
2. Division of work
3. Authority and responsibility
4. Delegation
5. Balance
6. Responsibility is absolute
7. Unity of command
8. Unity of direction
9. Simplicity
10. Flexibility
1. Line organization
3. Functional organization
4. Committee organization
5. Project organization
6. Matrix organization
The line organization, also known as the military
organization, is the oldest form of organization. In such an
organization the superior at the top makes decision and
communicates his decision and assign certain work to his
subordinate. The subordinate in turn makes certain
decisions within the scope of his authority and assign duty
to his subordinate and so on.
Advantages of lineorganisation Disadvantages of lineorganisation
5. Discipline 5. Dictatorial
9. Flexibility 9. Instability
Managing director
Workers Workers
Advantages of functional Disadvantages of functional
organisation organisation
Facilitates to work faster andbetter If powers are not defined then getconfusion
New technology or procedure can be Line officers blame staff officers for unfavorable
introduced without anydislocation results and want to get rewardsfor favorable
results
Promotes efficient functioning of lineofficers
-George R. Terry
Merits Demerits
Forced
distribution
Essay method
Paired
What is training?
- Edwin B. Flippo
Job
Coaching
rotation
On the
job
training
Under Vestibule
study training
Job
instruction
Training
lecture
In
Confere
basket
nce
training
Off the
Counseli
job Reading
ng
training
Business Role
game playing
Case
study
What is recruitment?
-Edwin B Flippo
Recommendation by
existing employee
INTERNAL Transfer
SOURCES
Promotions
INTERNAL SOURCES
ADVANTAGES DISADVANTAGES
Employment exchange
Rival firm
Unsolicited applicants
EXTERNAL SOURCES
ADVANTAGES DISADVANTAGES
Recruitment planning
Implementation of strategy
Evaluation
What is Selection?
Scrutiny
Preliminary interview
Test
Final interview
Checking reference
Medical examination
Appointment
Probation
Confirmation of service
Control is the continuing process of measuring the
actual results of the operations of an organization to the
results which were planned.
-Brech
Measurement
of actual Taking
Establishment Finding out
performance corrective
of standards deviations
and making action
comparison
1. It ensures attainment of enterprise objective
6. It facilitates co-ordination
7. It promotes efficiency
Simplicity
Suitability
Objectivity
Flexibility
Economical
Usefulness
Forward looking
Promptness
Supported by employees
1. Budgetary control
2. Cost control
3. Inventory control
4. Break-even point
5. Profit and loss control
6. Statistical analysis
7. External and internal audit
8. Return on investment control
9. Management information system
Any combination of psychological and
physiological and environmental circumstances that
cause a person to truthfully say I am satisfied with my
job.
- Hoppock
Morale is a mental condition of groups and
individuals which determine their attitude.
- Davis
Right man for right job
Satisfactory work
Work environment
physical condition
Work method
Social environment
Incentives
Job rotation
Grievance handling
Firms should be guided by human values. They should
treat their employees fairly and with respect.
Employees should be provided for growth in their
career.
There should be opportunities for employees to exhibit
their initiative.
Job should be made interesting and challenging.
Job should be matched with the interest , knowledge
and potential of employees.
Remuneration and incentives should be according to
employee contribution.
Working condition should be good and the work
environment should be convenient.
There should be healthy relationship with superior,
subordinates and peers
Employee should be informed of the importance of
their contribution.
Opportunities to improve skills and knowledge
through training and development.
Building a strong company image so that employees
feel proud to work in a firm.
Job rotation, job enrichment and job enlargement to
reduce monotonous and increase the interest.
Meaning
stress is an adaptive response to an external
situation that results in physical, psychological and
behavioral deviations for organizational participants.
- Fred Luthans
1. Individual stressors
Life and career change
Personality type
Role characteristics
2. Group stressors
Group norms
Group cohesiveness
Group objectives
Lack of social support
Conflict
3. Organizational stressors
Goals
Policies and procedures
Rules and regulations
Working conditions
Compensation
Job design
Organizational structure
Performance appraisal
4. Extra organizational stressor
Family obligations
Economic conditions
Financial conditions
Cultural conditions
Technological conditions
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