Basic slide

1. Management

2. 14 Henry Fayol POM
 Division of Work.
 Authority & responsibility.
 Discipline.
 Unity of Command. Each worker should have only one boss
 Unity of Direction. People engaged in the same kind of activities must have the
same objectives in a single plan.
 Subordination of individual interest (to the general interest).
 Remuneration.
 Centralization (or Decentralization).
 Scalar chain (Line of Authority).
 Order.
 Equity.
 Stability of Tenure of Personnel. Employees work better if job security and
career progress are assured to them.
 Initiative.
 Esprit de Corps.

3. Planning & decision making
 Planning
 Organising (departmentation, span of control,
delegation of authority)
 Staffing (manpower required)
 Leading- instructing people to do work in right
manner
 Coordinating
 Controlling
 Motivating
 Communicating (exchange of facts, ideas)

4. Features
 Primary function
 Pervasive function
 Intellectual & realistic process
 Objective oriented
 Continuous function
 Flexibility
 Raises accuracy
 Link between past, present & future
 Future oriented

5. Types
 STANDING PLANS are used over and over
again because they focus on organizational
situations that occur repeatedly.
 SINGLE USER PLANS are used only once,
or at most, couple of times, because they
focus on unique or rare situations within the
organization.

6. Standing plans Single user plans
Mission Budgets
Objectives Programmes
Procedures Projects
Methods Schedules
Rules
Strategies

7. Steps
 Need for planning
 Identification of goals
 Collecting complete information & data (analyzing the
present situation)
 Analyzing & classifying the information
 Establishing planning premises( forecast or assumptions
about the future which provides base for planning in future)
 Development of alternative course of action
 Evaluate & Selecting course of action
 Follow-up

8. Business plan
 Discovery of business opportunity
 Size of business unit / plant
 Location
 Machinery, equipment & layout
 Form of organisation
 Financial planning
 Physical facilities
 Legal formalities
 Tax planning
 Organisation structure
 Manpower requirement
 Launching the enterprise

9. A decision is a course of action which is
consciously chosen for achieving a desired
result.
Considers the fact.

10. Recognizing the problem
Deciding priorities among problem
Diagnosing/analyse the problem
Developing alternative solutions
Selecting the best solution
Convert decision into action & follow-up
action.

11. Advantages
- Better performance
- More performance
- Less mistakes
Disadvantages
- Time consuming
- Creates chaos
- More competition

12. Organising
 Form of every human association for
attainment of a common purpose
 Importance:
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