MANAGEMENT
PRESENTED BY
K.BALASRI PRASAD
B.Sc(KU), M.B.A(OU), NET(UGC)
ASSOCIATE PROFESSOR IN MANAGEMENT
Management
Management is co-ordination of all
resources through the process of
planning, organizing, directing and
controlling in order to attain stated
objectives.
Nature of Management
1. Universal phenomenon
2. It is an organized activity
3. It is a Group activity
4. Management is a systematic process
5. It is a social process
6. It is about “Getting things done
through people”
7. Management is an Integrated process
8. Management is Intangible
9. Goal- Oriented
10. Inter-Disciplinary Approach
11. Dynamic
12. Management is about system Authority
13. Good Leadership
14. Management is an Economic activity
15. One of the factors of production
16. Management is a profession
Scope of Management
1. Subject matter of Management :
Planning, Organizing, Staffing, Directing, Coordinating,
Motivating and Controlling are main functions of
Management.
2. Functional Areas of Management:
(i)Financial Management
(ii)Marketing Management
(iii)Production Management
(iv)Human Resource Management
3. Inter-Disciplinary Approach:
Management is a discipline that takes the help of
other subjects like Psychology. Sociology,
Engineering, Economics etc,.
4. Universal Phenomenon:
Management is also present in political, religious,
charities, Armed forces, educational institutions
etc,.
Management functions (or)
Process of Management
There are five types of functions in management. They are,
Middle Management
Human Relations Skills
Technical Skills
Supervisory Level
Order of Management
Top
Management
Middle
Managers
First-Line Managers
Operatives
(or)
Executive
Efficiency & Effectiveness
Effectiveness: Adequate to accomplish a purpose; producing
the intended or expected result.
Focuses on the
functions of
management
SCIENTIFIC MANAGEMENT: Taylor
FAYOL’s PRINCIPLE OF
MANAGEMENT
BEHAVIOURAL
APPROACH
HIERARCHY’s HUMAN NEEDS
CONTINGENCY THEORY
L E V E L S O F M A N AG E M E N T
The term “Levels of Management’ refers
to a line of separation between various
managerial positions in an organization.
The number of levels in management
increases when the size of the business and
work force increases and vice versa.
The level of management determines a
chain of command, the amount of authority
& status enjoyed by any managerial position.
The levels of management can be classified in
three broad categories: -