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GROUP VI

Vikas Choudhary
Rajat Kothari
Govind Kabra
Amey Mahajan
Aman Verma
Vinit Bishnoi
What Does Management
Mean to You ?
According to Theo Heimann, management
has three different meanings.

Management as a Noun : refers to a Group of Managers.

Management as a Process : refers to the Functions of Management i.e.


Planning, Organizing, Directing, Controlling, etc.

Management as a Discipline : refers to the Subject of Management.


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Management
“Management is the art of getting things done through and with people in
formally organised groups.”
- Harold Koontz

"To manage is to forecast and to plan, to organize, to command, to co-ordinate


and to control.“
- Henri Fayol

"Management is a multi-purpose organ that manages business and manages


managers and manages workers and work.“
- Peter Drucker

"Management is the art of getting things done through people.“


- Mary Parker Follet
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Why do you think!
Is Management
necessary in any
individuals life?
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Our life is about goals. Rare
person lives without an ultimate
aim or a dream bird fluttering
somewhere over a horizon. But
reaching this goal implies
performing thousands of petty
tasks, everyday chores, meetings
and actions. Planning these
activities effectively is what
management is about.
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Characteristics of Management
) Continuous and never ending process.
) Getting things done through people.
) Result oriented science and art.
) Multidisciplinary in nature.
) A group and not an individual activity.
) Follows established principles or rules.
) Aided but not replaced by computers.
) Situational in nature.
) Need not be an ownership.
) Both an art and science.
) Management is all pervasive.
) Management is intangible.
) Uses a professional approach in work.
) Dynamic in nature.
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Do you want to become a leader
or follower?

• Birth of management institute

• Learning is the vital key.

• Experience a new place and


culture.
Corporate stalwart- In progress
• Expertise over experience

• Learning from the mythology

• Journey from campus to corporate- self and time


management.
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Management

Learnt Through Problems And Decisions Taken To


Overcome The Problems

Management Is A Situational Science.


The Decision You Take In a Particular Situation
Depends On
How You See A Problem ?
How You Respond To A Particular Situation Defines
The 10

Way You Think Of Management.


• Management Is All About Your Decision Toward

• A Particular Problem ?

• Business Schools Can’t Teach You Management

• Business Schools Just Provides You A Platform To

• Think Like A Manager.


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If I Go Ahead And Ask You

What’s The Purpose


Of You All Doing MBA?
Your Answer Straight
Away Will Be..
“GOOD PLACEMENTS!!”
The Concept Of Management Can
Be Applied In
Day To Day Life.

There Is No Specific Time Period For


Learning
Management.
Management Is More Of Practical Then
Theoretical Thing .
What Business Schools Taught Us Is Theoretical
Knowledge .

MANAGEMENT
Theoretical knowledge Practical knowledge
MBA After Job or
Before Job

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Successful People Without MBA

Bill Gates: Mark Zuckerberg: Michael Dell: Matt Mullenweg:


Dropped out of Harvard Dropped out of Harvard Started his started
to focus on building in 2004 during his company from his WordPress, after
his company. Proving sophomore year to college dorm room getting dropped
that degrees aren’t work on Facebook full- before dropping out out of college.
always necessary. time. to build Dell and
work on it full-time.

Source: https://www.thegentlemansjournal.com/20-of-the-most-successful-businessmen-without-degrees/
Successful people with MBA

Bob Diamond: Indra Nooyi : Tim Cook: Elon Reeve Musk:


Formerly the Born in India, and residing CEO of Apple did his Founder of Tesla, SpaceX,
in America, studied for an MBA from Fuqua School Co- Founder of Zip2 and
boss of Barclays,
MBA at IIMC. Indra is of Business, Duke Paypal, Completed his
He studied for an now CEO of the University MBA from University of
MBA at the internationally recognized Pennsylvania Wharton
University of PepsiCo. School Of Business.
Connecticut.

Source:
https://www.thecompleteuniversityguide.co.uk/mba/top-ten-successful-people-with-mbas/?entry=1
https://www.topmba.com/why-mba/top-10-fortune-500-ceos-mba
https://www.accessmba.com/articles/view/top-5-entrepreneurs-with-mba-degrees
Survey on topic :
Male – Female Ratio
PROFESSION
RESPONSE OF VARIOUS AGE GROUP
PEOPLE’S CALL ON THE RIGHT MEANING OF
MANAGEMENT
PEOPLE’S POLL
PEOPLE’S CHOICE
CONCLUSION

• We learn application part of management at B-


school.
• We apply these application at the time of doing
job and business.
• B-school is not the only place where we can learn
management.
• B-school is that car which helps us to reach the
destination of success.

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