SlideShare una empresa de Scribd logo
1 de 23
Principles of

Management

Hafiz Mohammad Salman
MS/M.PHIL(HRM)
MBA (HRM)

National University Of Modern Languages
(NUML)Islamabad
Chenab College of Advance Studies
(CCAS)Jhang Campus
Irwin/McGraw-Hill

©The McGraw-Hill Companies, Inc., 2000
1-2

1
Managers
and Managing

Irwin/McGraw-Hill

©The McGraw-Hill Companies, Inc., 2000
1-3

Management Key Concepts


Organizations: People working together and
coordinating their actions to achieve specific
goals.



Goal: A desired future condition that the
organization seeks to achieve.



Management: The process of using
organizational resources to achieve the
organization’s goals by...


Planning, Organizing, Leading, and Controlling

Irwin/McGraw-Hill

©The McGraw-Hill Companies, Inc., 2000
1-4

Additional Key Concepts
 Resources

are organizational assets and

include:
 People,
 Machinery,
 Raw materials,
 Information, skills,
 Financial capital.

 Managers

are the people responsible for
supervising the use of an organization’s
resources to meet its goals.

Irwin/McGraw-Hill

©The McGraw-Hill Companies, Inc., 2000
1-5

Achieving High Performance
 Organizations

must provide a good or
service desired by its customers.
 David Johnson of Campbell Soup manages
his firm to provide quality food products.


Physicians, nurses and health care
administrators seek to provide healing from
sickness.



McDonald’s restaurants provide burgers,
fries and shakes that people want to buy.

Irwin/McGraw-Hill

©The McGraw-Hill Companies, Inc., 2000
1-6

Organizational Performance
Measures

how efficiently and effectively
managers use resources to satisfy customers and
achieve goals.
 Efficiency:

A measure of how well resources are
used to achieve a goal.
 Usually, managers must try to minimize the input
of resources to attain the same goal.

 Effectiveness:

A measure of the appropriateness of
the goals chosen (are these the right goals?), and
the degree to which they are achieved.
 Organizations are more effective when managers
choose the correct goals and then achieve them.

Irwin/McGraw-Hill

©The McGraw-Hill Companies, Inc., 2000
1-7

Managerial Functions
Henri

Fayol was the first to describe the four
managerial functions when he was the CEO of
a large mining company in the later 1800’s.
Fayol noted managers at all levels, operating
in a for profit or not for profit organization,
must perform each of the functions of:
Planning,
organizing,
leading,
controlling.
Irwin/McGraw-Hill

©The McGraw-Hill Companies, Inc., 2000
1-8

Four Functions of Management
Figure 1.2

Planning
Choose Goals

Organizing

Controlling

Working together

Monitor & measure

Leading
Coordinate
Irwin/McGraw-Hill

©The McGraw-Hill Companies, Inc., 2000
1-9

Planning
Planning is the process used by managers to
identify and select appropriate goals and
courses of action for an organization.
3 steps to good planning :
1. Which goals should be pursued?
2. How should the goal be attained?
3. How should resources be allocated?


The planning function determines how
effective and efficient the organization is and
determines the strategy of the organization.

Irwin/McGraw-Hill

©The McGraw-Hill Companies, Inc., 2000
1-10

Organizing
In

organizing, managers create the structure of
working relationships between organizational
members that best allows them to work together and
achieve goals.
Managers will group people into departments
according to the tasks performed.
 Managers

will also lay out lines of authority and
responsibility for members.

An

organizational structure is the outcome of
organizing. This structure coordinates and motivates
employees so that they work together to achieve
goals.

Irwin/McGraw-Hill

©The McGraw-Hill Companies, Inc., 2000
1-11

Leading
In

leading, managers determine direction,
state a clear vision for employees to follow,
and help employees understand the role they
play in attaining goals.
Leadership involves a manager using power,
influence, vision, persuasion, and
communication skills.
The outcome of the leading function is a high
level of motivation and commitment from
employees to the organization.
Irwin/McGraw-Hill

©The McGraw-Hill Companies, Inc., 2000
1-12

Controlling
In

controlling, managers evaluate how well the
organization is achieving its goals and takes
corrective action to improve performance.
Managers will monitor individuals, departments,
and the organization to determine if desired
performance has been reached.
 Managers will also take action to increase
performance as required.
The outcome of the controlling function is the
accurate measurement of performance and
regulation of efficiency and effectiveness.
Irwin/McGraw-Hill

©The McGraw-Hill Companies, Inc., 2000
1-13

Management Levels
Organizations

often have 3 levels of managers:

First-line Managers: responsible for day-to-day
operation. They supervise the people performing
the activities required to make the good or service.
Middle Managers: Supervise first-line managers.
They are also responsible to find the best way to
use departmental resources to achieve goals.
Top Managers: Responsible for the performance of
all departments and have cross-departmental
responsibility. They establish organizational goals
and monitor middle managers.
Irwin/McGraw-Hill

©The McGraw-Hill Companies, Inc., 2000
1-14

Three Levels of Management
Top
Managers
Middle
Managers
First-line Managers
Non-management
Irwin/McGraw-Hill

©The McGraw-Hill Companies, Inc., 2000
1-15

Restructuring
Top

Management have sought methods to
restructure their organizations and save
costs.
Downsizing: eliminate jobs at all levels
of management.
 Can

lead to higher efficiency.
 Often results in low morale and customer
complaints about service.
Irwin/McGraw-Hill

©The McGraw-Hill Companies, Inc., 2000
1-16

Management Trends
Empowerment:

expand the tasks and
responsibilities of workers.
 Supervisors

might be empowered to make some
resource allocation decisions.

Self-managed

teams: give a group of
employees responsibility for supervising
their own actions.
 The

team can monitor its members and the quality
of the work performed.

Irwin/McGraw-Hill

©The McGraw-Hill Companies, Inc., 2000
1-17

Managerial Roles
Described

by Mintzberg.

A

role is a set of specific tasks a person performs
because of the position they hold.

Roles

are directed inside as well as outside
the organization.
There are 3 broad role categories:
1. Interpersonal
2. Informational
3. Decisional
Irwin/McGraw-Hill

©The McGraw-Hill Companies, Inc., 2000
1-18

Interpersonal Roles
Roles

managers assume to coordinate and
interact with employees and provide direction
to the organization.
 Figurehead

role: symbolizes the organization and
what it is trying to achieve.

 Leader

role: train, counsel, mentor and encourage
high employee performance.

 Liaison

role: link and coordinate people inside and
outside the organization to help achieve goals.

Irwin/McGraw-Hill

©The McGraw-Hill Companies, Inc., 2000
1-19

Informational Roles
Associated

with the tasks needed to obtain
and transmit information for management
of the organization.
 Monitor

role: analyzes information from both the
internal and external environment.
 Disseminator role: manager transmits
information to influence attitudes and behavior of
employees.
 Spokesperson role: use of information to
positively influence the way people in and out of
the organization respond to it.
Irwin/McGraw-Hill

©The McGraw-Hill Companies, Inc., 2000
1-20

Decisional Roles
Associated

with the methods managers use to
plan strategy and utilize resources to achieve
goals.
 Entrepreneur

role: deciding upon new projects or
programs to initiate and invest.
 Disturbance handler role: assume responsibility for
handling an unexpected event or crisis.
 Resource allocator role: assign resources between
functions and divisions, set budgets of lower
managers.
 Negotiator role: seeks to negotiate solutions between
other managers, unions, customers, or shareholders.
Irwin/McGraw-Hill

©The McGraw-Hill Companies, Inc., 2000
1-21

Managerial Skills
There are three skill sets that managers need
to perform effectively.
1. Conceptual skills: the ability to analyze and
diagnose a situation and find the cause and effect.
2. Human skills: the ability to understand, alter, lead,
and control people’s behavior.
3. Technical skills: the job-specific knowledge
required to perform a task. Common examples
include marketing, accounting, and manufacturing.

All three skills are enhanced through formal
training, reading, and practice.
Irwin/McGraw-Hill

©The McGraw-Hill Companies, Inc., 2000
1-22

Skill Type Needed by Manager Level
Figure 1.5

Top
Managers
Middle
Managers
Line
Managers
Conceptual
Irwin/McGraw-Hill

Human

Technical
©The McGraw-Hill Companies, Inc., 2000
1-23

Management Challenges
 Increasing

number of global organizations.
 Building competitive advantage through
superior efficiency, quality, innovation, and
responsiveness.
 Increasing performance while remaining
ethical managers.
 Managing an increasingly diverse work force.
 Using new technologies.
Irwin/McGraw-Hill

©The McGraw-Hill Companies, Inc., 2000

Más contenido relacionado

La actualidad más candente

Controlling-Management Functions-Organisation Structure & Process
Controlling-Management Functions-Organisation Structure & ProcessControlling-Management Functions-Organisation Structure & Process
Controlling-Management Functions-Organisation Structure & ProcessZeba Rukhsar
 
Principles of Management-BBA-1-SEM-Unit-1 Osmania University
Principles of Management-BBA-1-SEM-Unit-1 Osmania UniversityPrinciples of Management-BBA-1-SEM-Unit-1 Osmania University
Principles of Management-BBA-1-SEM-Unit-1 Osmania UniversityBalasri Kamarapu
 
Evolution of Management Thought
Evolution of Management ThoughtEvolution of Management Thought
Evolution of Management ThoughtSanchit
 
Span of management
Span of managementSpan of management
Span of managementlokesh jain
 
what is management
what is management what is management
what is management abir hossain
 
Introduction to Management - Meaning, Nature, Scope, Levels of Management
Introduction to Management - Meaning, Nature, Scope, Levels of ManagementIntroduction to Management - Meaning, Nature, Scope, Levels of Management
Introduction to Management - Meaning, Nature, Scope, Levels of ManagementSumit Sharaf
 
Organizing as a function of management
Organizing as a function of managementOrganizing as a function of management
Organizing as a function of managementrmkcet
 
Delegation of authority and decentralization
Delegation of authority and decentralizationDelegation of authority and decentralization
Delegation of authority and decentralizationAMALDASKH
 
Performance Management in organization
Performance Management in organizationPerformance Management in organization
Performance Management in organizations junaid
 
Types of managers, Managerial roles and skills
Types of managers, Managerial roles and skillsTypes of managers, Managerial roles and skills
Types of managers, Managerial roles and skillsR.Arun Kumar M.E (Ph.D.)
 
Ch 9 organizational structure and design
Ch 9 organizational structure and designCh 9 organizational structure and design
Ch 9 organizational structure and designNardin A
 
Principles Of Management Unit 1
Principles Of Management Unit 1Principles Of Management Unit 1
Principles Of Management Unit 1Amit Sarkar
 

La actualidad más candente (20)

Organising
OrganisingOrganising
Organising
 
Controlling-Management Functions-Organisation Structure & Process
Controlling-Management Functions-Organisation Structure & ProcessControlling-Management Functions-Organisation Structure & Process
Controlling-Management Functions-Organisation Structure & Process
 
History of Management
History of ManagementHistory of Management
History of Management
 
Concept of management
Concept of managementConcept of management
Concept of management
 
Delegation
DelegationDelegation
Delegation
 
Principles of Management-BBA-1-SEM-Unit-1 Osmania University
Principles of Management-BBA-1-SEM-Unit-1 Osmania UniversityPrinciples of Management-BBA-1-SEM-Unit-1 Osmania University
Principles of Management-BBA-1-SEM-Unit-1 Osmania University
 
Management Theories
Management TheoriesManagement Theories
Management Theories
 
Evolution of Management Thought
Evolution of Management ThoughtEvolution of Management Thought
Evolution of Management Thought
 
Modern Management Theories
Modern Management TheoriesModern Management Theories
Modern Management Theories
 
Span of management
Span of managementSpan of management
Span of management
 
what is management
what is management what is management
what is management
 
Introduction to Management - Meaning, Nature, Scope, Levels of Management
Introduction to Management - Meaning, Nature, Scope, Levels of ManagementIntroduction to Management - Meaning, Nature, Scope, Levels of Management
Introduction to Management - Meaning, Nature, Scope, Levels of Management
 
Organizing as a function of management
Organizing as a function of managementOrganizing as a function of management
Organizing as a function of management
 
ORGANISATION STRUCTURES PPT
ORGANISATION STRUCTURES PPTORGANISATION STRUCTURES PPT
ORGANISATION STRUCTURES PPT
 
Management Skills
Management SkillsManagement Skills
Management Skills
 
Delegation of authority and decentralization
Delegation of authority and decentralizationDelegation of authority and decentralization
Delegation of authority and decentralization
 
Performance Management in organization
Performance Management in organizationPerformance Management in organization
Performance Management in organization
 
Types of managers, Managerial roles and skills
Types of managers, Managerial roles and skillsTypes of managers, Managerial roles and skills
Types of managers, Managerial roles and skills
 
Ch 9 organizational structure and design
Ch 9 organizational structure and designCh 9 organizational structure and design
Ch 9 organizational structure and design
 
Principles Of Management Unit 1
Principles Of Management Unit 1Principles Of Management Unit 1
Principles Of Management Unit 1
 

Similar a INTRODUCTION TO PRINCIPLES OF MANAGEMENT

Similar a INTRODUCTION TO PRINCIPLES OF MANAGEMENT (20)

Principles of Management Chapter 1
Principles of Management Chapter 1Principles of Management Chapter 1
Principles of Management Chapter 1
 
Chpt01
Chpt01Chpt01
Chpt01
 
Chpt01 (1)
Chpt01 (1)Chpt01 (1)
Chpt01 (1)
 
Chpt01 (2)
Chpt01 (2)Chpt01 (2)
Chpt01 (2)
 
Chpt01
Chpt01Chpt01
Chpt01
 
Chpt01
Chpt01Chpt01
Chpt01
 
Management
ManagementManagement
Management
 
Management Introduction
Management IntroductionManagement Introduction
Management Introduction
 
Aa
AaAa
Aa
 
Aa
AaAa
Aa
 
Contemporary Management
Contemporary ManagementContemporary Management
Contemporary Management
 
CONTENT 1 Jones11e_PPT_Ch01_Accessible_Final.pptx
CONTENT 1 Jones11e_PPT_Ch01_Accessible_Final.pptxCONTENT 1 Jones11e_PPT_Ch01_Accessible_Final.pptx
CONTENT 1 Jones11e_PPT_Ch01_Accessible_Final.pptx
 
MGT-Jones Syllabus Chapter 1 - Introduction to Management (1).pptx
MGT-Jones Syllabus Chapter 1 - Introduction to Management (1).pptxMGT-Jones Syllabus Chapter 1 - Introduction to Management (1).pptx
MGT-Jones Syllabus Chapter 1 - Introduction to Management (1).pptx
 
Nature and Functions of Management
Nature and Functions of ManagementNature and Functions of Management
Nature and Functions of Management
 
Chap001
Chap001Chap001
Chap001
 
MANAGEMENT AND MANAGERIAL FUNCTIONS
MANAGEMENT AND MANAGERIAL FUNCTIONSMANAGEMENT AND MANAGERIAL FUNCTIONS
MANAGEMENT AND MANAGERIAL FUNCTIONS
 
Basics of management
Basics of managementBasics of management
Basics of management
 
Ch - 1 Introduction.pptx
Ch - 1 Introduction.pptxCh - 1 Introduction.pptx
Ch - 1 Introduction.pptx
 
Management
ManagementManagement
Management
 
Business Math Chapter 7
Business Math Chapter 7Business Math Chapter 7
Business Math Chapter 7
 

Más de Mohammad Salman

The Impact of Team Leadership on Organizational Performance:Moderated by Orga...
The Impact of Team Leadership on Organizational Performance:Moderated by Orga...The Impact of Team Leadership on Organizational Performance:Moderated by Orga...
The Impact of Team Leadership on Organizational Performance:Moderated by Orga...Mohammad Salman
 
Presentation to csf workshop on 12.02.2007
Presentation to csf workshop on 12.02.2007Presentation to csf workshop on 12.02.2007
Presentation to csf workshop on 12.02.2007Mohammad Salman
 
Personality development pgc jhang
Personality development pgc jhangPersonality development pgc jhang
Personality development pgc jhangMohammad Salman
 
How Education in Pakistan can be improved?
How Education in Pakistan can be improved?How Education in Pakistan can be improved?
How Education in Pakistan can be improved?Mohammad Salman
 
WHAT ARE COMMUNICATION SKILLS
WHAT ARE COMMUNICATION SKILLSWHAT ARE COMMUNICATION SKILLS
WHAT ARE COMMUNICATION SKILLSMohammad Salman
 
Career counseling training
Career counseling trainingCareer counseling training
Career counseling trainingMohammad Salman
 
Semester project making essential learning
Semester project making essential learningSemester project making essential learning
Semester project making essential learningMohammad Salman
 
a report of NISHAT MILLS PAKISTAN
a report of NISHAT MILLS PAKISTANa report of NISHAT MILLS PAKISTAN
a report of NISHAT MILLS PAKISTANMohammad Salman
 
A systems approach to ORGANIZATIONAL DEVELOPMENT
A systems approach to ORGANIZATIONAL DEVELOPMENTA systems approach to ORGANIZATIONAL DEVELOPMENT
A systems approach to ORGANIZATIONAL DEVELOPMENTMohammad Salman
 
Business Communication Process in ZTE PAKISTAN
Business Communication Process in ZTE PAKISTANBusiness Communication Process in ZTE PAKISTAN
Business Communication Process in ZTE PAKISTANMohammad Salman
 

Más de Mohammad Salman (13)

The Impact of Team Leadership on Organizational Performance:Moderated by Orga...
The Impact of Team Leadership on Organizational Performance:Moderated by Orga...The Impact of Team Leadership on Organizational Performance:Moderated by Orga...
The Impact of Team Leadership on Organizational Performance:Moderated by Orga...
 
Presentation to csf workshop on 12.02.2007
Presentation to csf workshop on 12.02.2007Presentation to csf workshop on 12.02.2007
Presentation to csf workshop on 12.02.2007
 
Personality development pgc jhang
Personality development pgc jhangPersonality development pgc jhang
Personality development pgc jhang
 
How Education in Pakistan can be improved?
How Education in Pakistan can be improved?How Education in Pakistan can be improved?
How Education in Pakistan can be improved?
 
WHAT ARE COMMUNICATION SKILLS
WHAT ARE COMMUNICATION SKILLSWHAT ARE COMMUNICATION SKILLS
WHAT ARE COMMUNICATION SKILLS
 
Career counseling training
Career counseling trainingCareer counseling training
Career counseling training
 
COACH TRAINER
COACH TRAINERCOACH TRAINER
COACH TRAINER
 
Semester project making essential learning
Semester project making essential learningSemester project making essential learning
Semester project making essential learning
 
Resumes and c vs
Resumes and c vsResumes and c vs
Resumes and c vs
 
a report of NISHAT MILLS PAKISTAN
a report of NISHAT MILLS PAKISTANa report of NISHAT MILLS PAKISTAN
a report of NISHAT MILLS PAKISTAN
 
A systems approach to ORGANIZATIONAL DEVELOPMENT
A systems approach to ORGANIZATIONAL DEVELOPMENTA systems approach to ORGANIZATIONAL DEVELOPMENT
A systems approach to ORGANIZATIONAL DEVELOPMENT
 
Business Communication Process in ZTE PAKISTAN
Business Communication Process in ZTE PAKISTANBusiness Communication Process in ZTE PAKISTAN
Business Communication Process in ZTE PAKISTAN
 
Final erp presentation
Final erp presentationFinal erp presentation
Final erp presentation
 

Último

“Oh GOSH! Reflecting on Hackteria's Collaborative Practices in a Global Do-It...
“Oh GOSH! Reflecting on Hackteria's Collaborative Practices in a Global Do-It...“Oh GOSH! Reflecting on Hackteria's Collaborative Practices in a Global Do-It...
“Oh GOSH! Reflecting on Hackteria's Collaborative Practices in a Global Do-It...Marc Dusseiller Dusjagr
 
Z Score,T Score, Percential Rank and Box Plot Graph
Z Score,T Score, Percential Rank and Box Plot GraphZ Score,T Score, Percential Rank and Box Plot Graph
Z Score,T Score, Percential Rank and Box Plot GraphThiyagu K
 
microwave assisted reaction. General introduction
microwave assisted reaction. General introductionmicrowave assisted reaction. General introduction
microwave assisted reaction. General introductionMaksud Ahmed
 
mini mental status format.docx
mini    mental       status     format.docxmini    mental       status     format.docx
mini mental status format.docxPoojaSen20
 
Beyond the EU: DORA and NIS 2 Directive's Global Impact
Beyond the EU: DORA and NIS 2 Directive's Global ImpactBeyond the EU: DORA and NIS 2 Directive's Global Impact
Beyond the EU: DORA and NIS 2 Directive's Global ImpactPECB
 
Paris 2024 Olympic Geographies - an activity
Paris 2024 Olympic Geographies - an activityParis 2024 Olympic Geographies - an activity
Paris 2024 Olympic Geographies - an activityGeoBlogs
 
Presentation by Andreas Schleicher Tackling the School Absenteeism Crisis 30 ...
Presentation by Andreas Schleicher Tackling the School Absenteeism Crisis 30 ...Presentation by Andreas Schleicher Tackling the School Absenteeism Crisis 30 ...
Presentation by Andreas Schleicher Tackling the School Absenteeism Crisis 30 ...EduSkills OECD
 
Industrial Policy - 1948, 1956, 1973, 1977, 1980, 1991
Industrial Policy - 1948, 1956, 1973, 1977, 1980, 1991Industrial Policy - 1948, 1956, 1973, 1977, 1980, 1991
Industrial Policy - 1948, 1956, 1973, 1977, 1980, 1991RKavithamani
 
Hybridoma Technology ( Production , Purification , and Application )
Hybridoma Technology  ( Production , Purification , and Application  ) Hybridoma Technology  ( Production , Purification , and Application  )
Hybridoma Technology ( Production , Purification , and Application ) Sakshi Ghasle
 
POINT- BIOCHEMISTRY SEM 2 ENZYMES UNIT 5.pptx
POINT- BIOCHEMISTRY SEM 2 ENZYMES UNIT 5.pptxPOINT- BIOCHEMISTRY SEM 2 ENZYMES UNIT 5.pptx
POINT- BIOCHEMISTRY SEM 2 ENZYMES UNIT 5.pptxSayali Powar
 
Q4-W6-Restating Informational Text Grade 3
Q4-W6-Restating Informational Text Grade 3Q4-W6-Restating Informational Text Grade 3
Q4-W6-Restating Informational Text Grade 3JemimahLaneBuaron
 
Introduction to AI in Higher Education_draft.pptx
Introduction to AI in Higher Education_draft.pptxIntroduction to AI in Higher Education_draft.pptx
Introduction to AI in Higher Education_draft.pptxpboyjonauth
 
Activity 01 - Artificial Culture (1).pdf
Activity 01 - Artificial Culture (1).pdfActivity 01 - Artificial Culture (1).pdf
Activity 01 - Artificial Culture (1).pdfciinovamais
 
Grant Readiness 101 TechSoup and Remy Consulting
Grant Readiness 101 TechSoup and Remy ConsultingGrant Readiness 101 TechSoup and Remy Consulting
Grant Readiness 101 TechSoup and Remy ConsultingTechSoup
 
Arihant handbook biology for class 11 .pdf
Arihant handbook biology for class 11 .pdfArihant handbook biology for class 11 .pdf
Arihant handbook biology for class 11 .pdfchloefrazer622
 
Organic Name Reactions for the students and aspirants of Chemistry12th.pptx
Organic Name Reactions  for the students and aspirants of Chemistry12th.pptxOrganic Name Reactions  for the students and aspirants of Chemistry12th.pptx
Organic Name Reactions for the students and aspirants of Chemistry12th.pptxVS Mahajan Coaching Centre
 
Interactive Powerpoint_How to Master effective communication
Interactive Powerpoint_How to Master effective communicationInteractive Powerpoint_How to Master effective communication
Interactive Powerpoint_How to Master effective communicationnomboosow
 
Privatization and Disinvestment - Meaning, Objectives, Advantages and Disadva...
Privatization and Disinvestment - Meaning, Objectives, Advantages and Disadva...Privatization and Disinvestment - Meaning, Objectives, Advantages and Disadva...
Privatization and Disinvestment - Meaning, Objectives, Advantages and Disadva...RKavithamani
 
Nutritional Needs Presentation - HLTH 104
Nutritional Needs Presentation - HLTH 104Nutritional Needs Presentation - HLTH 104
Nutritional Needs Presentation - HLTH 104misteraugie
 
Software Engineering Methodologies (overview)
Software Engineering Methodologies (overview)Software Engineering Methodologies (overview)
Software Engineering Methodologies (overview)eniolaolutunde
 

Último (20)

“Oh GOSH! Reflecting on Hackteria's Collaborative Practices in a Global Do-It...
“Oh GOSH! Reflecting on Hackteria's Collaborative Practices in a Global Do-It...“Oh GOSH! Reflecting on Hackteria's Collaborative Practices in a Global Do-It...
“Oh GOSH! Reflecting on Hackteria's Collaborative Practices in a Global Do-It...
 
Z Score,T Score, Percential Rank and Box Plot Graph
Z Score,T Score, Percential Rank and Box Plot GraphZ Score,T Score, Percential Rank and Box Plot Graph
Z Score,T Score, Percential Rank and Box Plot Graph
 
microwave assisted reaction. General introduction
microwave assisted reaction. General introductionmicrowave assisted reaction. General introduction
microwave assisted reaction. General introduction
 
mini mental status format.docx
mini    mental       status     format.docxmini    mental       status     format.docx
mini mental status format.docx
 
Beyond the EU: DORA and NIS 2 Directive's Global Impact
Beyond the EU: DORA and NIS 2 Directive's Global ImpactBeyond the EU: DORA and NIS 2 Directive's Global Impact
Beyond the EU: DORA and NIS 2 Directive's Global Impact
 
Paris 2024 Olympic Geographies - an activity
Paris 2024 Olympic Geographies - an activityParis 2024 Olympic Geographies - an activity
Paris 2024 Olympic Geographies - an activity
 
Presentation by Andreas Schleicher Tackling the School Absenteeism Crisis 30 ...
Presentation by Andreas Schleicher Tackling the School Absenteeism Crisis 30 ...Presentation by Andreas Schleicher Tackling the School Absenteeism Crisis 30 ...
Presentation by Andreas Schleicher Tackling the School Absenteeism Crisis 30 ...
 
Industrial Policy - 1948, 1956, 1973, 1977, 1980, 1991
Industrial Policy - 1948, 1956, 1973, 1977, 1980, 1991Industrial Policy - 1948, 1956, 1973, 1977, 1980, 1991
Industrial Policy - 1948, 1956, 1973, 1977, 1980, 1991
 
Hybridoma Technology ( Production , Purification , and Application )
Hybridoma Technology  ( Production , Purification , and Application  ) Hybridoma Technology  ( Production , Purification , and Application  )
Hybridoma Technology ( Production , Purification , and Application )
 
POINT- BIOCHEMISTRY SEM 2 ENZYMES UNIT 5.pptx
POINT- BIOCHEMISTRY SEM 2 ENZYMES UNIT 5.pptxPOINT- BIOCHEMISTRY SEM 2 ENZYMES UNIT 5.pptx
POINT- BIOCHEMISTRY SEM 2 ENZYMES UNIT 5.pptx
 
Q4-W6-Restating Informational Text Grade 3
Q4-W6-Restating Informational Text Grade 3Q4-W6-Restating Informational Text Grade 3
Q4-W6-Restating Informational Text Grade 3
 
Introduction to AI in Higher Education_draft.pptx
Introduction to AI in Higher Education_draft.pptxIntroduction to AI in Higher Education_draft.pptx
Introduction to AI in Higher Education_draft.pptx
 
Activity 01 - Artificial Culture (1).pdf
Activity 01 - Artificial Culture (1).pdfActivity 01 - Artificial Culture (1).pdf
Activity 01 - Artificial Culture (1).pdf
 
Grant Readiness 101 TechSoup and Remy Consulting
Grant Readiness 101 TechSoup and Remy ConsultingGrant Readiness 101 TechSoup and Remy Consulting
Grant Readiness 101 TechSoup and Remy Consulting
 
Arihant handbook biology for class 11 .pdf
Arihant handbook biology for class 11 .pdfArihant handbook biology for class 11 .pdf
Arihant handbook biology for class 11 .pdf
 
Organic Name Reactions for the students and aspirants of Chemistry12th.pptx
Organic Name Reactions  for the students and aspirants of Chemistry12th.pptxOrganic Name Reactions  for the students and aspirants of Chemistry12th.pptx
Organic Name Reactions for the students and aspirants of Chemistry12th.pptx
 
Interactive Powerpoint_How to Master effective communication
Interactive Powerpoint_How to Master effective communicationInteractive Powerpoint_How to Master effective communication
Interactive Powerpoint_How to Master effective communication
 
Privatization and Disinvestment - Meaning, Objectives, Advantages and Disadva...
Privatization and Disinvestment - Meaning, Objectives, Advantages and Disadva...Privatization and Disinvestment - Meaning, Objectives, Advantages and Disadva...
Privatization and Disinvestment - Meaning, Objectives, Advantages and Disadva...
 
Nutritional Needs Presentation - HLTH 104
Nutritional Needs Presentation - HLTH 104Nutritional Needs Presentation - HLTH 104
Nutritional Needs Presentation - HLTH 104
 
Software Engineering Methodologies (overview)
Software Engineering Methodologies (overview)Software Engineering Methodologies (overview)
Software Engineering Methodologies (overview)
 

INTRODUCTION TO PRINCIPLES OF MANAGEMENT

  • 1. Principles of Management Hafiz Mohammad Salman MS/M.PHIL(HRM) MBA (HRM) National University Of Modern Languages (NUML)Islamabad Chenab College of Advance Studies (CCAS)Jhang Campus Irwin/McGraw-Hill ©The McGraw-Hill Companies, Inc., 2000
  • 3. 1-3 Management Key Concepts  Organizations: People working together and coordinating their actions to achieve specific goals.  Goal: A desired future condition that the organization seeks to achieve.  Management: The process of using organizational resources to achieve the organization’s goals by...  Planning, Organizing, Leading, and Controlling Irwin/McGraw-Hill ©The McGraw-Hill Companies, Inc., 2000
  • 4. 1-4 Additional Key Concepts  Resources are organizational assets and include:  People,  Machinery,  Raw materials,  Information, skills,  Financial capital.  Managers are the people responsible for supervising the use of an organization’s resources to meet its goals. Irwin/McGraw-Hill ©The McGraw-Hill Companies, Inc., 2000
  • 5. 1-5 Achieving High Performance  Organizations must provide a good or service desired by its customers.  David Johnson of Campbell Soup manages his firm to provide quality food products.  Physicians, nurses and health care administrators seek to provide healing from sickness.  McDonald’s restaurants provide burgers, fries and shakes that people want to buy. Irwin/McGraw-Hill ©The McGraw-Hill Companies, Inc., 2000
  • 6. 1-6 Organizational Performance Measures how efficiently and effectively managers use resources to satisfy customers and achieve goals.  Efficiency: A measure of how well resources are used to achieve a goal.  Usually, managers must try to minimize the input of resources to attain the same goal.  Effectiveness: A measure of the appropriateness of the goals chosen (are these the right goals?), and the degree to which they are achieved.  Organizations are more effective when managers choose the correct goals and then achieve them. Irwin/McGraw-Hill ©The McGraw-Hill Companies, Inc., 2000
  • 7. 1-7 Managerial Functions Henri Fayol was the first to describe the four managerial functions when he was the CEO of a large mining company in the later 1800’s. Fayol noted managers at all levels, operating in a for profit or not for profit organization, must perform each of the functions of: Planning, organizing, leading, controlling. Irwin/McGraw-Hill ©The McGraw-Hill Companies, Inc., 2000
  • 8. 1-8 Four Functions of Management Figure 1.2 Planning Choose Goals Organizing Controlling Working together Monitor & measure Leading Coordinate Irwin/McGraw-Hill ©The McGraw-Hill Companies, Inc., 2000
  • 9. 1-9 Planning Planning is the process used by managers to identify and select appropriate goals and courses of action for an organization. 3 steps to good planning : 1. Which goals should be pursued? 2. How should the goal be attained? 3. How should resources be allocated?  The planning function determines how effective and efficient the organization is and determines the strategy of the organization. Irwin/McGraw-Hill ©The McGraw-Hill Companies, Inc., 2000
  • 10. 1-10 Organizing In organizing, managers create the structure of working relationships between organizational members that best allows them to work together and achieve goals. Managers will group people into departments according to the tasks performed.  Managers will also lay out lines of authority and responsibility for members. An organizational structure is the outcome of organizing. This structure coordinates and motivates employees so that they work together to achieve goals. Irwin/McGraw-Hill ©The McGraw-Hill Companies, Inc., 2000
  • 11. 1-11 Leading In leading, managers determine direction, state a clear vision for employees to follow, and help employees understand the role they play in attaining goals. Leadership involves a manager using power, influence, vision, persuasion, and communication skills. The outcome of the leading function is a high level of motivation and commitment from employees to the organization. Irwin/McGraw-Hill ©The McGraw-Hill Companies, Inc., 2000
  • 12. 1-12 Controlling In controlling, managers evaluate how well the organization is achieving its goals and takes corrective action to improve performance. Managers will monitor individuals, departments, and the organization to determine if desired performance has been reached.  Managers will also take action to increase performance as required. The outcome of the controlling function is the accurate measurement of performance and regulation of efficiency and effectiveness. Irwin/McGraw-Hill ©The McGraw-Hill Companies, Inc., 2000
  • 13. 1-13 Management Levels Organizations often have 3 levels of managers: First-line Managers: responsible for day-to-day operation. They supervise the people performing the activities required to make the good or service. Middle Managers: Supervise first-line managers. They are also responsible to find the best way to use departmental resources to achieve goals. Top Managers: Responsible for the performance of all departments and have cross-departmental responsibility. They establish organizational goals and monitor middle managers. Irwin/McGraw-Hill ©The McGraw-Hill Companies, Inc., 2000
  • 14. 1-14 Three Levels of Management Top Managers Middle Managers First-line Managers Non-management Irwin/McGraw-Hill ©The McGraw-Hill Companies, Inc., 2000
  • 15. 1-15 Restructuring Top Management have sought methods to restructure their organizations and save costs. Downsizing: eliminate jobs at all levels of management.  Can lead to higher efficiency.  Often results in low morale and customer complaints about service. Irwin/McGraw-Hill ©The McGraw-Hill Companies, Inc., 2000
  • 16. 1-16 Management Trends Empowerment: expand the tasks and responsibilities of workers.  Supervisors might be empowered to make some resource allocation decisions. Self-managed teams: give a group of employees responsibility for supervising their own actions.  The team can monitor its members and the quality of the work performed. Irwin/McGraw-Hill ©The McGraw-Hill Companies, Inc., 2000
  • 17. 1-17 Managerial Roles Described by Mintzberg. A role is a set of specific tasks a person performs because of the position they hold. Roles are directed inside as well as outside the organization. There are 3 broad role categories: 1. Interpersonal 2. Informational 3. Decisional Irwin/McGraw-Hill ©The McGraw-Hill Companies, Inc., 2000
  • 18. 1-18 Interpersonal Roles Roles managers assume to coordinate and interact with employees and provide direction to the organization.  Figurehead role: symbolizes the organization and what it is trying to achieve.  Leader role: train, counsel, mentor and encourage high employee performance.  Liaison role: link and coordinate people inside and outside the organization to help achieve goals. Irwin/McGraw-Hill ©The McGraw-Hill Companies, Inc., 2000
  • 19. 1-19 Informational Roles Associated with the tasks needed to obtain and transmit information for management of the organization.  Monitor role: analyzes information from both the internal and external environment.  Disseminator role: manager transmits information to influence attitudes and behavior of employees.  Spokesperson role: use of information to positively influence the way people in and out of the organization respond to it. Irwin/McGraw-Hill ©The McGraw-Hill Companies, Inc., 2000
  • 20. 1-20 Decisional Roles Associated with the methods managers use to plan strategy and utilize resources to achieve goals.  Entrepreneur role: deciding upon new projects or programs to initiate and invest.  Disturbance handler role: assume responsibility for handling an unexpected event or crisis.  Resource allocator role: assign resources between functions and divisions, set budgets of lower managers.  Negotiator role: seeks to negotiate solutions between other managers, unions, customers, or shareholders. Irwin/McGraw-Hill ©The McGraw-Hill Companies, Inc., 2000
  • 21. 1-21 Managerial Skills There are three skill sets that managers need to perform effectively. 1. Conceptual skills: the ability to analyze and diagnose a situation and find the cause and effect. 2. Human skills: the ability to understand, alter, lead, and control people’s behavior. 3. Technical skills: the job-specific knowledge required to perform a task. Common examples include marketing, accounting, and manufacturing. All three skills are enhanced through formal training, reading, and practice. Irwin/McGraw-Hill ©The McGraw-Hill Companies, Inc., 2000
  • 22. 1-22 Skill Type Needed by Manager Level Figure 1.5 Top Managers Middle Managers Line Managers Conceptual Irwin/McGraw-Hill Human Technical ©The McGraw-Hill Companies, Inc., 2000
  • 23. 1-23 Management Challenges  Increasing number of global organizations.  Building competitive advantage through superior efficiency, quality, innovation, and responsiveness.  Increasing performance while remaining ethical managers.  Managing an increasingly diverse work force.  Using new technologies. Irwin/McGraw-Hill ©The McGraw-Hill Companies, Inc., 2000