Management Study

Manager has to take decisions. Live situations are always complex

Method we are going to adopt.

Each participant will present individual view point on the case. Each participant will give own solution. And justify the solution. Giving own analysis of the problem. Others are going to listen carefully to this presentation and react after the presentation is over.

There is no correct answer to any problem.

What is Management? What is the role of Manager?

The accomplishment of the desired objectives by establishing an environment, favourable to performance by people, operating in the organized group. Koontz Multi-purpose organ, that manages a business and manages managers and manage workers and work.Peter Drucker

Principles of Scientific Management

Organised knowledge of management Create harmony in the group. Achieve cooperation from the people. Get maximum output from everybody. Develop all the workers Dr. Fredrick Taylor

Operational Management
According to Henry Fayol Industrial Activities can be classified as 1. Technical 2. Commercial 3. Financial 4. Security 5. Accounting 6. Managerial

Managerial Qualities

1. Physical- Health, vigor, address. 2. Mental understand, learn, judgment, adaptability 3. Moral initiative, loyalty, dignity, tact, sense of responsibility, assertive, firmness, energetic 4. Educational 5. Technical 6. Experience

Classification of Management Theories

According to Koontz 1. Management Process 2. Empirical 3. Human Behaviour 4. Social System 5. Decision Theory 6. Mathematical

Scientific Management Theory

Large and Industrialized Organizations that produced various products using ongoing routine tasks. Careful measurement and specification of activities & then standardized. Management tended to be same Workers were rewarded and punished

Bureaucratic Management Theory

Max Weber propounded this theory dividing organizations into hierarchies, establishing strong lines of authority and control develop comprehensive and detailed standard operating procedures for all routinized tasks.

Human Relations Movement

individuals and their unique capabilities in the organization the organization would prosper if its workers prospered as well The behavioral sciences to understand the needs of workers and how the needs of the organization and its workers could be better aligned

Contingency Theory

when managers make a decision, they must take into account all aspects of the current situation act on those aspects that are key to the situation at hand. No standard solution but it depends.

Systems Theory

A system is a collection of part unified to accomplish an overall goal. If one part of the system is removed, the nature of the system is changed as well A system consists of inputs, processes, outputs and outcomes

Systems Theory

Inputs would include resources such as raw materials, money, technologies and people These inputs go through a process where theyre planned, organized, motivated and controlled, ultimately to meet the organizations goals. Outputs would be products or services to a market. Outcomes : enhanced quality of life or productivity for customers/clients, productivity

Systems Theory

Feedback would be information from human resources carrying out the process, customers/clients using the products, etc. Feedback also comes from the larger environment of the organization, e.g., influences from government, society, economics, and technologies

Systems Theory

Systems theory may seem quite basic. Yet, decades of management training and practices in the workplace have not followed this theory. Only recently, with tremendous changes facing organizations and how they operate, have forced to face this new way of looking at things. It is a paradigm shift. Look at the organization from a broader perspective, to interpret patterns and events in the workplace and their interrelationship.

Chaos Theory

Events indeed are rarely controlled. Systems naturally go to more complexity, and as they do so, these systems become more volatile or susceptible to cataclysmic events. Then systems must expend more energy to maintain that complexity. As they expend more energy, they seek more structure to maintain stability. This trend continues until the system splits, combines with another complex system or falls apart entirely.