22509_Management_CO1_LO1_PPT_PGPT_PEH.pptx

Management courses outcome 1st Production Engineering Department
Subject- plant maintenance and safety hazard management

1. Management - 22509 Unit No-1 Introduction to Management Concept and Managerial Skills. ( For MSBTE Diploma Engineering students .) Ravindra Nafade , Lecturer in Mechanical Engg , Government Polytechnic, Nashik

2. Course Outcome: Use basic management principles to execute the daily activities. Ravindra Nafade , Lecturer in Mechanical Engg . Government Polytechnic , Nashik

3. Unit No.-1: Introduction to Management Concept and Managerial Skills . UO-1: Explain the concept and importance of management .

4. 1. Concept of Management 2. Definition of Management 3. Role of Management 4. Importance of Management 5. Characteristics of Management CONTENT

5. Objectives After this session you should be able to – Describe the significance and relevance of management. State the importance of management. Explain the role of management. List the management characteristics.

6. Concept of Management * Management is the art of getting work done through people to accomplish goal . It requires a range of skills to coordinate * Management is a science because management techniques are concepts based on measurements and factual determinations * Management is a process of effectively utilizing resources .

7. Concept of Management Optimum utilization of resources. Art of getting work done through people. Is a science .

8. Definition of Management 1. Mary Parker Follet : Management is the art of getting things done through people. 2. George R Terry: Management is a process consisting of planning, organizing, actuating and controlling performed to determine and accomplish the objectives by the use of people and resources. 3. Ralph C Devis : Management is the function of executive leadership anywhere”. 4. Donald J Clough: Management is the art and science of decision making and leadership. *

9. Definition of Management 5.Joseph L Massie: Management is the process by which a cooperative group directs actions towards common goals. 6. F.W. Taylor: Management is the art of knowing what you want to do and then seeing that it is done in the best and cheapest way. 7.John F Mee : Management is the art of securing maximum results with minimum efforts so as to secure maximum prosperity for employer and employee and give the public the best possible service.

10. Role of Management 1. The role of the management is to ensure that the goals of the organization are achieved. 2. These changes which reflects in both tangible and intangible forms can be met by management only. - Tangible changes deals with change in technology, size of organization and specialization in work and theories. - Intangible changes are changes in attitude, human values, culture, etc 3. Management ensures that all the activities are designed effectively for the attainment of the organizational goal. 4. Management encourages all individual activities that will lead to reaching organizational goals.

11. Importance of Management 1. Optimum utilization of resources: Management brings all the available resources -men, money, machines, materials and methods together for optimum utilization. 2. Expansion and diversification: Management helps the organization to achieve its goals efficiently, systematically, easily and quickly. It helps the organization to face competition to grow, expand and diversify. 3. Reduction of employee’s absenteeism and turnover: Management motivates people by Providing different incentives to the employees which include positive, negative, monetary and non-financial incentives. These incentives increase the willingness and efficiency of the employees. 4. Utilization of the benefits of science and technology: Management utilizes the advancements made in the field of Science and Technology to provide industries with the latest machines and the consumers with the latest products

12. Importance of Management 5. Encouraging initiative and innovation: Management encourages for innovation and initiative from employees and inspires them to give their suggestions for the growth of the organization. It brings innovative ideas, modern methods, and latest techniques to the organization. 6. Minimizing wastage: Management minimizes the wastage of materials, men and monetary resources by doing work through proper arrangement, manufacturing and control. Managers motivate subordinate to reduce wastage. 7. Team work: Management always builds a team spirit in the organization. The combined effort of work and unity lead to the prosperity within the Organization. Team work plays an important part in the success of Organization 8. Motivation: Management motivates employees by providing many incentives . This motivates the employee to work harder, which results in higher efficiency in production.

13. Importance of Management 9. Reduction in labour turnover: Frequent labour turnover increases the selection and training cost. Management creates a sense of responsibility among the employees and helps to reduce labour turnover in the organization 10. Higher efficiency: Proper management ensures that the efficiency of the organization is high with higher return at minimum investment. 11. Improving the quality of life of the workers: Management offers bonus and incentives to the employees for their work. It provides a healthy work environment.

14. Management, Administration and Organization Management: An art of managing people and their work, for achieving a common goal by using the optimum resources. It creates an environment under which the manager and his subordinates can work together for the attainment of objectives of organization. Administration: Administration relates to top level of management. They are the either owners or business partners who invest their capital in starting the business. The functions of administration are legislative and largely determinative. It does not need technical ability. It is mainly concerned with decision making, policy making and making necessary adjustments . It coordinates finance, production and distribution. Organization: Organization is the framework of management. Management carries out the policies of Administration through the frame work of organization. Without efficient organization, no management can perform its function smoothly. Organization is concerned with the building, developing and maintaining of a structure of working relationships in order to accomplish the objectives of the

15. Management Characteristics

16. Management Characteristics 1.Universal : The principles and concepts of management are applicable to every type of industry. All the organizations, whether profit-making or not, require management for managing their activities. Hence it is universal in nature. 2. Goal Oriented : All organizations have objectives that are laid down. Management achieves the organizational goals by coordinating the efforts of the personnel 3. Continuous process: The process of management consists of functions like planning, organizing, directing and controlling the resources to ensure that resources are used to the best advantages of the organization. Management involves continuous planning, organizing, directing and controlling

17. Management Characteristics 4 . Multi-dimensional : Management is not confined to the administration of people only, but it also manages work, processes and operations, which makes it a multi-dimensional. It is the unifying force which integrates human and other resources to obtain the desired objectives 5. Group activity : An organization consists of various members who have different needs, expectations and beliefs. Every person joins the organization with a different motive, but after becoming a part of the organization, he works for achieving the same goal. This requires supervision, teamwork and coordination, and it is achieved by, management. 6. Dynamic function : Management is not static. Over a period of time new principles, concepts and techniques are developed and adopted by management. It changes according to the social changes

18. Summary *Management is the art of getting work done through people. It is a science based on measurements and factual determinations *Management ensure that the goals of the organization are achieved, can met the tangible and intangible changes and motivates the people. *Management is important for optimum utilisation of resources with minimum wastages, Encouraging people to work in team , Improving quality of life of worker. *Management characteristics are goal oriented, universal, continuous process, group activity and dynamic function.

19. Thank You