NATURE AND SCOPE OF Deepika Iyer

MANAGEMENT
 LEARNING OBJECTIVES

 To define management
 List the various characteristics of management
 To analyze the need for management
 To apply the significance of management in our day to day life
 MEANING AND CONCEPT

 Activity which is essential wherever there is group of people

working in an organization

 Process of PLANNING, ORGANISING, STAFFING, DIRECTING

AND CONTROLLING the enterprise resources ef ficiently and
ef fectively for accomplishing the objectives of the
organization
 DEFINITION

 “Management is the art of getting things done through

people” – Mary Parker Follet

 To manage is
to forecast and to plan,
to organize, to command,
to coordinate and to control
CHARACTERISTICS OF MANAGEMENT

Getting things done through people

A process

Universal activity

Science as well as Art

Profession

Multidisciplinary
CHARACTERISTICS OF MANAGEMENT

Group activity

Involves Decision making

Dynamic and not static

Result oriented

Different levels of Management

Intangible
NEED AND IMPORTANCE OF
MANAGEMENT
Helps in accomplishing group objective

Increases effectiveness

Creates dynamic organization

Helps in attaining personal objectives

Optimum use of Resources

Creation of Employment opportunities

Decreases costs

Creates teamwork and coordination

 Technical
Skills

Design Human
Skills Skills

Concept
Skills