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MANAGEMENT

THEORIES
Theory of management
which studies the
Scientific
application of scientific
methods and principles
Management
for the purpose of
redesigning the work
Theory
process to increase
efficiency
Time and motion Interest of employer &
28 study: - Study the employees should be fully
harmonized so as to
way jobs are secure mutually
performed and understanding relations
between them
find new ways to
do them.

Teach, train and develop Establish fair levels of


the workman with performance and pay a
improved methods of premium for higher
doing work. performance

3
Bureaucracy
theory of management that
consiered bureaucracy as an
Theory
important aspect of modern
management
Three types
of Power

Traditional Charismatic Bureaucratic


Power Power Power

Formulate the organization's mission


Hire Key Employees
Maintain organizational communication
Administrative
theory of management
that focuses on the
Management
overall management of an
Theory
organization
Division Discipline
of Work

Divide specialized tasks, Every individual should


with specific duties and Authority be compliant to the
responsibilities to rules
individuals

To delegate work and


tasks to employees
Unity Unity Predominance
of of of
Command Direction General
Interest

An employee should only efforts of employees are organization over the


report to one supervisor guided toward individual interests of
organizational objectives employees
efforts of the employees
Renumeration should be systematically
rewarded in line with
organization's vision and
mission

Scalar Centralizatio
chain n

communication should be roles of all employees are


open within chain of clarified
command
10
INITIATIVE
encourage employees to
act on their own in
support of organization's
objectives

ESPRIT DE CORPS
promote teamwork and
the unity of interest
between employees and
management
SWOT ANALYSIS
technique that identifies the Strength and Weaknesses of a
company, as well as the Opportunities and Threats it faces
S - TRENGTH
-What does your company do better than others?
W - EAKNESSES
-What aspects of your company need to be improved?
O - PPORTUNITIES
-What trends/conditions can positively impact your company?
T - HREATS
-What trends/conditions can negatively impact your company?
Let's Analyze a Business
MILK TEA SHOP
STRENGTH WEAKNESSES

-Lot of flavor variants to choose -Price


-Longer shelf life -Add ons may affect flavor
-Great alternative for tea lovers -Not suitable for diabetic people
-Lot of add -ons to choose -Takes time to prepare

OPPORTUNITIES THREATS

-Location -Brand Competitors


-Currently in a trend -May go out of trend anytime
-Can be sold in different sizes -Beverage Competitions
-Feasible concept -Longer customer waiting time
Let's Analyze Top's
Business
- Online gaming trade
- Chest nut
- Seaweed
THANK YOU

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