2. Overview
This series slide presentations expose students to the field of
management and focus on the major management processes.
they provide an overview of the organizational environment.
Highlight issues in management
In general, they will help students to be better employees and
understand the role of managers.
3. Why study Management?
1. Everybody has a vested interest in improving the way
organizations are managed.
2. A person entering the workplace, after graduation, will
either be managed or become a manager.
3. Understanding management will also assist a person in
managing his or her personal life.
4. Fundamentals of Management
Objectives
At the end of this presentation students should be able to:
1. Define what is management.
2. Explain the basic managerial functions.
3. Understand the role and importance of management.
5. Definition of management.
The attainment of organizational goals in and effective and
efficient manner through planning, organizing, leading, and
controlling (Daft, 2005 p.8)
The process of administering and coordinating resources
effectively and efficiently in an effort to achieve the goals of the
organization (Lewis et al 2007 p.5)
6. Fundamentals of Management
Understanding key terms in the definition
Effectiveness : the degree to which goals are achieved; doing
the right thing
Efficiency : using the fewest inputs (people, money,
technology) to generate a given output.
Organization : A social entity that is goal directed and
deliberately structured.
Performance: the organization’s ability to attain its goals by
using resources in an efficient and effective manner.
8. Fundamentals of Management
Planning
The management function concerned with defining goals for
future organizational performance and deciding on the tasks
and resource use needed to attain the set goals.
Organizing
The management function concerned with assigning tasks,
grouping tasks into departments, and allocating resources to
departments.
9. Fundamentals of Management
Leading
Motivating and directing the members of the organization so
that they contribute top the achievement of the goals of the
organization.
Controlling
Monitoring the performance of the organization, identifying
deviations between planned and actual results and taking
corrective action when necessary.
10. Fundamentals of Management
Planning
Organizing
Mission
&
Organization
al Goals
Leading Controlling
The Management Process
11. Fundamentals of Management
Overall goals
Organization
Strategy
Organizing
Leading
Internal
Environment
Controlling
External
Environment
Framework for understanding management