MANAGE MEN Tactfully

• Management is the creation of internal environment where

individuals working in a group can perform effectively &
efficiently for the achievement of organizational goals.
MODERN CONCEPT
OF MANAGEMENT
 PROCESS

EFFECTIVE EFFICIENCY
PERFORMANCE
 OBJECTIVES
OF
MANAGEMENT
 Personal objectives

Organizational objectives

Social objectives
• Helps in achieving group goals
• Increases efficiency
• Creates a dynamic environment
• Helps in achieving personal
objectives
• Creates a sound organization
structure
• Existence of theoretical knowledge
• Personalized application
• Based on practice & creativity
MANAGEMENT AS A SCIENCE

• Systematic body of knowledge

• Principles based on
experiments
• Universal validity
• Cause & effect relationship
MANAGEMENT AS A PROFESSION
• well-defined body of knowledge
• Restricted entry
• Professional association
• Ethical code of conduct
• Service motive
 LEVELS OF
MANAGEMENT
FUNCTIONS OF
MANAGEMENT
ROLES OF A
MANAGER
 What are principles of
management?
• Management principles are statements of
fundamental truth, which provide
guidelines for managerial decision-
making & action.
 Development of
management thoughts:-

• Henry Fayol
• F.W. Taylor
 DIVISION OF WORK
• Division of work refers to dividing the work
into compact jobs & allocating these jobs to
different individuals.
• POSITIVE EFFECTS
• Leads to specialization
• Increases efficiency
• Simplifies work
 AUTHORITY & RESPONSIBILITY
• According to this principle, there should be a
proper balance between authority &
responsibility.
• POSITIVE EFFECTS
• Prevents misuse of authority
• Helps fixing responsibility
 DISCIPLINE
• Discipline refers to obedience to rules &
regulations of the organization, which is
necessary for systematic working of the
organization.
POSITIVE EFFECTS
Smooth functioning of business
Better relation between managers &
employees
UNITY OF COMMAND
• According to this principle, each subordinate
should receive orders & be accountable to
one &only one superior.
• POSITIVE EFFECTS
• No confusion among employees
• Responsibility can be easily fixed
• Better performance
UNITY OF DIRECTION
• Unity of direction implies that there should
be one head & one plan for group of
activities having same objectives.
• POSITIVE EFFECTS
• Ensures unity of action & facilitates
coordination
• Emphasize importance of common goals &
helps in achieving them.
 SUBORDINATION OF
INDIVIDUAL INTEREST
• According to this principle, interest of the
organization as a whole must prevail over the
interest of the individuals or employees.
• POSITIVE EFFECTS
• Helps in achieving organizational objectives
• Brings coordination between individual &
organizational objectives.
 REMUNERATION OF
EMPLOYEES
• According to this principle, overall pay &
compensation should be fair to both
employees & organization.
• POSITIVE EFFECTS
• High level of motivation
• Cordial relations between employees &
management
 CENTRALISATION &
DECENTRALISATION
• According to this principle, there should be
proper balance between centralization &
decentralization in the organization.
• POSITIVE EFFECTS
• Quick decisions
• Decreases work load of superiors
• Increase in motivation level of subordinates
 SCALAR CHAIN
• Scalar chain is the chain of superiors ranging
from the highest authority to lowest level in
the organization
• GANG PLANK
allows direct communication between 2
employees of the same level, without
following scalar chain.
• POSITIVE EFFECTS
• Clarity in authority & responsibility
relationship
• Orderly & smooth flow of information
 ORDER
• According to this principle, there
should be a place for everything
& everyone.
• POSITIVE EFFECTS
• Efficient use of resources
• Smooth & systematic working of
organization
 EQUITY
• According to this principle, there should not be
any discrimination among the employees on the
basis of religion, language, caste, sex, belief or
nationality.
• POSITIVE EFFECTS
• Improves satisfaction & motivation level among
employees
• Cordial relations between employees &
management
STABILITY OF PERSONNEL
• According to this principle, there should be
proper efforts to achieve stability & continuity
of tenure of personnel.
• POSITIVE EFFECTS
• Increase in efficiency of employees
• Better reputation of company
• Less expenses on recruitment training etc
• No wastage of time & resources
 INITIATIVE
• According to this principle, workers should be
encouraged & given an opportunity to take
some initiative in making & executing the plans.
• POSITIVE EFFECTS
• Increase in mental growth & feeling of
belongingness in employees
• It increases commitment of employees towards
the organization
 ESPIRIT DE CORPS
• According to this principle, management should
take reasonable steps to develop a sense of
belongingness & feeling of team spirit among
employees.
• POSITIVE EFFECTS
• Develops an atmosphere of mutual trust
• Helps in achievement of group goals
• Leads to cordial relations between management &
workers
 SCIENCE, NOT RULE OF
THUMB
• According to this principle, there should be a
scientific study & analysis of each element of
job, in order to replace the old rule of thumb
approach or hit & trial method.
 HARMONY, NOT DISCORD
• According to this principle, there should
be complete harmony & proper
understanding between management &
workers & they should work together
for organizational goals.
 COOPERATION, NOT
INDIVIDUALISM
• According to this principle, there
should be cooperation between
management & workers instead of
individualism.
 DEVELOPMENT OF WORKERS TO
THEIR GREATEST EFFICIENCY &
PROSPERITY
• According to this principle,
management should aim to
develop workers to their
greatest efficiency & prosperity.