2. Objectives:
By the end of this presentation you will be able to:
Understand the meaning of MANAGEMENT.
Explain WHY management is Important.
Distinguish between management FUNCTIONS.
Identify different management SKILLS.
Explain management Universality.
Appreciate Ethical issues in management.
Appreciate social responsibility of management.
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3. What is Management?
Management is the process of
reaching organizational goals
by working with and through
people and other
organizational resources.
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4. organizational goals
The desired or preferred
result/s that organizations
attempt to achieve.
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7. Planning
Choosing TASKS that must be
performed to attain
organizational goals, outlining
HOW they must be performed
and WHEN.
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8. Organizing
Assigning TASKS to various
individuals or
Manager
groups within the
organization.
Deputy
Secretary
HR
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marketing
Finance
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9. Influencing
Guiding activities of
organization members in
appropriate direction
that helps in moving
towards achieving goals
and increasing
productivity.
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10. Controlling
Gathering information on
organization performance,
comparing it with the pre
established performance
standard and determining if
the organization should be
modified.
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12. Why Management is
important??
? It guides organization towards achieving
goals.
? It helps in maintaining balance between
conflicting goals.
? It is crucial for achieving efficiency &
effectiveness.
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13. Social responsibility of
management
It is the organization obligation
to take actions that protect
and improve the welfare of
society as a whole, along with
advancing its own interests.
.
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16. Benefits of social
responsibility:
Improving the perception of an
organization among it staff &
customers.
Building customers’ loyalty.
Avoiding interference in the business
through taxation or regulations.
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17. Factors discouraging social
responsibility:
It may result in decreasing profit for
stockholders.
Social actions are difficult to measure.
It may result in increasing prices.
Business may have too much power
and too little accountability.
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18. Objectives:
By the end of this presentation you will be able to:
Understand the meaning of MANAGEMENT.
Explain WHY management is Important.
Distinguish between management FUNCTIONS.
Identify different management SKILLS.
Explain management Universality.
Appreciate Ethical issues in management.
Appreciate social responsibility of management.
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18