BME_U1_Introduction to Management and Planning.pptx

BME_U1_Introduction to Management

1. Introduction to Management and Planning Ms Nandhini A Assistant Professor Department o f BCom CMA Sri Ramakrishna College of Arts and Science Coimbatore - 641 006 Tamil Nadu, India 1

2. Definition of Management 2 Sri Ramakrishna College of Arts and Science Ms. A.Nandhini , Assistant Professor, Dept of BCom CMA,SRCAS. Management has been defined as “Management is the art of getting things done through others.” It reveals that a manager accomplishes objectives by guiding the efforts of other people. It also views management as an art or practice.

3. According to American Management Association “Management is guiding human and physical resources into dynamic organizational units which attain their objectives to the satisfaction of those served and with a high degree of moral and sense of attainment on the part of those rendering service.” 3 Sri Ramakrishna College of Arts and Science Ms. A.Nandhini , Assistant Professor, Dept of BCom CMA,SRCAS.

4. According to American Management Association “Management is guiding human and physical resources into dynamic organizational units which attain their objectives to the satisfaction of those served and with a high degree of moral and sense of attainment on the part of those rendering service.” This definition puts a balanced focus on the goals of organization and those of its members. 4 Sri Ramakrishna College of Arts and Science Ms. A.Nandhini , Assistant Professor, Dept of BCom CMA,SRCAS.

5. NATURE OF MANAGEMENT 1. A universal process 2. Purposive or goal-directed 3. An abstraction 4. Multi-disciplinary 5. Dynamic principles 6. Relative principles 7. Management as a system of authority 8. Management - a science of an art? 9. Management – whether a profession? 10. Is Management a science or an art? 5 Sri Ramakrishna College of Arts and Science Ms. A.Nandhini , Assistant Professor, Dept of BCom CMA,SRCAS.

6. MANAGEMENT AS AN ART 1. Past experience 2. Common sense 3. Managerial skills 4. Human understanding 6 Sri Ramakrishna College of Arts and Science Ms. A.Nandhini , Assistant Professor, Dept of BCom CMA,SRCAS.

7. MANAGEMENT AS A SCIENCE 1. Identification of the problem 2. Scientific inquiry 3. Choice of the best available alternative 4. Rigorous control procedure 5. Validity of principles 7 Sri Ramakrishna College of Arts and Science Ms. A.Nandhini , Assistant Professor, Dept of BCom CMA,SRCAS.

8. MANAGEMENT AS A PROFESSION 1. Body of knowledge 2. Social obligation 3. License or degree 4. Code of conduct 8 Sri Ramakrishna College of Arts and Science Ms. A.Nandhini , Assistant Professor, Dept of BCom CMA,SRCAS.

9. IMPORTANCE OF MANAGEMENT 1. Achievement of group goals 2. Optimum utilization of resources 3. Fulfillment of social obligations 4. Economic growth 5. Stability 6. Human Development 7. Meets the challenge of change 9 Sri Ramakrishna College of Arts and Science Ms. A.Nandhini , Assistant Professor, Dept of BCom CMA,SRCAS.

10. LEVELS OF MANAGEMENT 1. Ownership 2. Top Management 3. Chief executive 4. Senior middle management 5. Junior middle management 6. Supervisory management 10 Sri Ramakrishna College of Arts and Science Ms. A.Nandhini , Assistant Professor, Dept of BCom CMA,SRCAS.

11. SCOPE OF MANAGEMENT 1. Production management 2. Marketing Management 3. Financial Management 4. Personnel Management 11 Sri Ramakrishna College of Arts and Science Ms. A.Nandhini , Assistant Professor, Dept of BCom CMA,SRCAS.

12. THANK YOU 12 Sri Ramakrishna College of Arts and Science Ms. A.Nandhini , Assistant Professor, Dept of BCom CMA,SRCAS.