Professional Documents
Culture Documents
• Management is a process which brings the human and material resources together and motivates
people for the achievement of organization
• size of organization
• level of management
• organization culture
• social responsiveness
Types of objectives
• Profit objective
• Marketing objective
• Productivity objective- ratio of input to output
• Product objective
• Social objective
• Financial objective
• Human resource objective
GOAL
• intermediate result which is expected to be achieved by a certain span
of time
• provides the basis for judging the performance of the organization
• types
• financial- related to return of investment
• strategic- focus on achievement
• Benefits of specialization
• clarity in working relationships
• optimum utilization of resources
• adaptation to changes
• Effective administration
• Development of personnel
• expansion and growth
Principles of organization
• Attention to objectives
• Authority and responsibility
• Continuity
• Coordination
• Decentralization
• Departmentation
• Division of work
• Efficiency
• Flexibility
• Management by exception
• Proper balance
• Scalar principle
• Span of management
• Unity of command
• Unity of direction
Delegation
• The process of delegation starts from the chief executive of an
organization who has the total responsibility for the achievement of
goals
• In order to share the responsibility of accomplishing goals he further
delegates the work to his subordinates
Elements of delegation
• Assignment of duties or task
• Delegation of authority
• accountability for performance of duties hand exercise of authority
Span of control
• Defines the number of subordinates who are under one manager
• According to spreigel, the principle of span of control implies that no
single executive should have more people looking to him for guidance
and leadership then he can reasonably be expected to serve.