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  • Basics of Management

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    Shravak Jain
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    Traditional management is described as the "art of getting things done" while modern management is the "process of accomplishing objectives through human and other resources." Management requires both science and art, with science providing knowledge and art dealing with applying that knowledge through skills. It is a continuous, goal-oriented process that coordinates resources and adapts to change. Key functions include planning, organizing, staffing, directing, and controlling. Planning involves setting objectives and procedures, organizing determines structure and assigns roles, staffing recruits and develops people, directing guides and motivates employees, and controlling monitors performance. Coordination and various skills are also important for effective management.

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    Traditional management is described as the "art of getting things done" while modern management is the "process of accomplishing objectives through human and other resources." Management requires both science and art, with science providing knowledge and art dealing with applying that knowledge through skills. It is a continuous, goal-oriented process that coordinates resources and adapts to change. Key functions include planning, organizing, staffing, directing, and controlling. Planning involves setting objectives and procedures, organizing determines structure and assigns roles, staffing recruits and develops people, directing guides and motivates employees, and controlling monitors performance. Coordination and various skills are also important for effective management.

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    5 views25 pages

    Basics of Management

    Uploaded by

    Shravak Jain
    Traditional management is described as the "art of getting things done" while modern management is the "process of accomplishing objectives through human and other resources." Management requires both science and art, with science providing knowledge and art dealing with applying that knowledge through skills. It is a continuous, goal-oriented process that coordinates resources and adapts to change. Key functions include planning, organizing, staffing, directing, and controlling. Planning involves setting objectives and procedures, organizing determines structure and assigns roles, staffing recruits and develops people, directing guides and motivates employees, and controlling monitors performance. Coordination and various skills are also important for effective management.

    Copyright:

    © All Rights Reserved
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    Basics of Management

    Traditional – Art of getting things done


    Modern – Process of accomplishing certain objectives
    through the utilization of human and other resources
    Why is management called as an art?

    It is called an art because managing requires certain skills which are personal possessions of managers.

    Science provides the knowledge & art deals with the application of knowledge and skills. A manager to be
    successful in his profession must acquire the knowledge of science & the art of applying it.
    Process of Management
    Nature and Characteristics of
    Management
     Science as well as art
     Management is Universal
     Goal or objective oriented
     Continuous process
     Coordinative force
     Intangible force
     Dynamic Discipline
    Management & Administration
    Importance of Management

     Accomplishment of goals
     Optimum utilization of resources
     Minimizes cost
     Vision and foresight
     Harmony in work
     Development of society and nations
     Assist in decisions making
    Levels of Management
    Scalar Chain
    Planning

     Planning – It involves deciding in advance


     What to do ?
     When to do ?
     Where to do ?
     How to do ?
     Who is to do ?
     And How the result are to be evaluated
    Planning Process
    Determination of objectives
    Forecasting
    Formulation of policies and programmers
    Preparations of schedules and procedures
    Budgeting
    Organizing
     Determination of objectives
     Identification and grouping of activities
     Assignment of duties to individuals
     And developing of relationships
    Staffing
     Functions of staffing

     Human Resource Planning


     Deciding source of recruitment
     Receiving applications
     Testing and Interviewing
     Selection and placement
    (Appointment letter and
    orientation)
     Training and development
    Directing and Leading
     Direction is the process of guiding, supervising, leading and motivating the
    subordinates to work in a way that is beneficial to the enterprise.
     Leadership
     Communication
     Motivation
     Supervision
    Controlling
    Controlling consists of verifying whether everything occurs in conformity with
    the plan adopted

     Setting up of standards
     Measuring of performance
     Comparing performance with standards
     Taking corrective actions
    Coordination

     Its an effort to ensure a smooth interplay of the functions.


     Unity of actions in the pursuit of a common purpose.
    Coordination in functions of management
    Coordination and Cooperation
    Levels of Management
    Managerial Skills
     Term managerial skills means the personal ability of manager for the
    accomplishment of organizational goals.
    Technical Skills
    Conceptual Skills
    Analytical Skills

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