MOB 1.1 Management Process
- 2. What is Management? ▰ Management is a universal phenomenon. It is a very popular and widely used term. All organizations - business, political, cultural or social are involved in management because it is the management which helps and directs the various efforts towards a definite purpose. 3
- 3. Management Defined ▰ "To manage is to forecast and to plan, to organize, to command, to co-ordinate and to control.“ - Henri Fayol (29 July 1841, Istanbul – 19 November 1925, Paris) 4
- 4. Management Defined ▰ Management is an art of knowing what to do, when to do and see that it is done in the best and cheapest way". F W Taylor (20 March 1856 - 21 March 1915) 5
- 5. Management Defined ▰ "Management is the art of getting things done through people." - Mary Parker Follet (September 3, 1868 – December 18, 1933) 6
- 6. Management Defined ▰ Management is an art of getting things done through and with the people in formally organized groups. lt is an art of creating an environment in which people can perform and individuals can cooperate towards attainment of group goals". Harold Koontz (1909 - Febr. 11, 1984) 7
- 7. Management Defined ▰ "Management is a distinct process consisting of planning, organizing, actuating and controlling, performed to determine and accomplish stated objective by the use of human beings and other resources" George R Terry (1909 -1979) 8
- 8. Management Defined ▰ "Management is a multi-purpose organ that manages business and manages managers and manages workers and work." - Peter Drucker (The Principles of Management) (November 19 1909 – November 11 2005) 9
- 9. Management as a Process ▰ Management is a social process -concerned with developing relationship among people ▰ Management is an integrated process -undertakes the job of bringing together human physical and financial resources so as to achieve organizational purpose ▰ Management is a continuous process -concerned with constantly identifying the problem and solving them by taking adequate steps ▰ Management is an iterative process - rule that can be applied repeatedly to generate a sequence of outcomes 10
- 11. Management functions ▰ “There are four fundamental functions of management i.e. planning, organizing, actuating and controlling” -George R Terry 12
- 12. Management functions ▰ “To manage is to forecast and plan, to organize, to command, & to control". -F W Taylor 13
- 13. Management functions ▰ Planning, Organizing, Staffing, Directing and Controlling -Koontz and O’Donnel 14
- 14. Management functions ▪ Luther Gulick gave a new formula to suggest the elements of Management Process i.e. basic functions of management. ▪ According to him, management process may be indicated by the word "POSDCORB”. ▪ Gulick coined the word "POSDCORB" to suggest seven functions of management. 15 Luther Gulick
- 15. Management functions- POSDCORB 16 Luther Gulick
- 17. Management Process 18 Planning Leading Controlling Organizing Motivating Staffing Management Process ▪ Men ▪ Money ▪ Materials ▪ Machines ▪ Methods ▪ Market Inputs Output End Result Objectives
- 18. Elements of Management Process ( Functional Management): 19 Planning Organizing Directing Co-ordinating Controlling Motivating Staffing Communicating Achievement of Objectives
- 19. 20 THANK YOU ! Any questions? You can find me at prof.anrao@gmail.com