Professional Documents
Culture Documents
What is Management?
Who is Manager?
Management Process
Basic Purpose of Management
General Principles of Management
Management Issues and Challenges
What is Management?
“
F.W. Taylor (1856-1915) defined management as “knowing exactly
what people want to do, and then seeing that they do it in the best and
the cheapest way”.
Henri Fayol (1841-1925): To manage is to forecast and plan, to
organize, to command, to coordinate and control.
P.F.Drucker (1909-2002). : Management means whatever a manager
does.
Who is Manager?
“
James Stonner et.al (2003) defined
“Manager who manages work, leads people and achieves results
through their efforts.”
Another definition from Griffin,
“A manager is someone who plans and makes decisions, organizes,
leads, and controls, human, financial, physical, and information
resources”.
“
“
Management Process
Planning
and decision Organizing
making
Inputs from the environment
• Human resources Goals attained
• Financial resources • Efficiently
• Physical resources • Effectively
• Information resources
Controlling Leading
Management Process
EFFICIENTLY
Using resources wisely and
in a cost-effective way
And
EFFECTIVELY
Making the right decisions and
successfully implementing them
General Principles of Management
Division of work Centralization
Discipline Order
Subordination of individual to
general interest Initiative
Levels of Management
Top managers
Middle managers
First-line managers
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Areas of Management
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Types of Managers by Level