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picture1_Slideshare Management 75212 | New Microsoft Powerpoint Presentation 2


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File: Slideshare Management 75212 | New Microsoft Powerpoint Presentation 2
introduction management is universal in the modern industrial world and there is no substitute for good management without proper management the resources of production men machines and materials money can ...

icon picture PPTX Filetype Power Point PPTX | Posted on 02 Sep 2022 | 3 years ago
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                Introduction
     • Management is universal in the modern industrial world and there is no 
      substitute for good management.
     • Without proper management, the resources of production ( men, machines and 
      materials, money can not be converted into production.
     • It is essential to convert the disorganized resources of men, machines, materials 
      and methods into a useful and effective enterprise. 
     • management is the function of getting things done through people and directing 
      the efforts of individuals towards a common objective.
                                                        definitions
                  According to Harold Koontz 
                 •  “ Management is the art of getting things done through and with formally organized groups “. 
                  According to Peter F. Drucker.
                 •   “ A Multipurpose organ that manages a business and manages managers and manages workers and works “. 
                  According to J.Lundy 
                 •  “ Management is what management does. It is the task of planning executing and controlling “. 
                  According to Lawrence Appley 
                 •  “ Management is the development of people and not the direction of things “.
                                            Characteristics of Management :
                •  Management is a group activity 
                •  Management is Goal 
                •   It is a Universal Character 
                •  Management is needed at all levels of the enterprise 
                •  It is a distinct function 
                •  It is a Social Process 
                •  System of Authority : 
                                           Evolution of thoughts of management
                   • Management thought is as ancient as human civilization, because the need for management has arisen ever 
                      since people stated forming into groups. 
                   • However, the study of how managers achieve results in predominantly a twentieth century phenomenon. 
                      The rich history of the management made it resourceful, varied and multi-dimensional. 
                   • Management is transient from time depending on the prevalent philosophies.
                   •  For the purpose of study it is divided into three stages, each covering different period and ideology of the contributors. 
                   •  a. Bureaucratic model – Max Webber – 1900 
                   •  b. Scientific Management – F.W. Taylor- 1910
                   •   c. Process Management – Henry Fayol – 1910
     • The Neo- Classical Theory : It consists of two streams of thought 
     • a. Human Relation Movement – Elton Mayo and Roethlisberger – 1930 
     • b. Behavioural Sciences Movement – Maslow, Mc Gregor – 1940 
     • The Modern Management Theories :It comprises three streams of thought 
     • a. Quantitative Approach – Taylor – 1950 
     • b. Systems Approach – Boulding, Johnson – 1950 
     • c. Contingency Approach – Lorsch, Lawrence
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