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pom 1.pptx
1. MG 8591 Principles of
Management
Dr.A.NITHYA,
Associate Professor/MECH,
Kongunadu College of Engineering and Technology.
2.
3. Nature of Management
• Multidisciplinary
• Continuous process
• Universal
• Science as well as art
• Dynamic
• Profession
• Group activity
• Wealthy result
• Skills
• System of authority
• Intangible
• Good leadership
4. Scope of management
• Functional areas
• Subject matter
• Inter disciplinary
• Agent of change
• Universal
5.
6. Science as well as Art
• Science
• Systematic body of knowledge
• Scientific enquiry
• Verifiable
• Predict future events
• Arts
• Application of skills
• Practice and experience
• Creative
13. 1-13
Managerial Skills
• Conceptual skills
– The ability to analyze and diagnose a situation and
distinguish between cause and effect.
• Human skills
– The ability to understand, alter, lead, and control the
behavior of other individuals and groups.
• Technical skills
– Job-specific skills required to perform a particular type
of work or occupation at a high level.
14. 1-14
Relative Amount of Time That Managers Spend on the
Four Managerial Functions
Figure 1.4
16. Importance of Management
• Attainment of group goals
• Effective functioning of business
• Resource development
• Controls the organization
• Organization structure
• Integrate individuals efforts
• Motivation
• Communication
• Coordination
• Decision making
• Leadership
• Universal