Management Guru; MBO; Managing people and Organization

MMBagali1 9 views 14 slides Sep 18, 2024
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About This Presentation

Dr. M M Bagali, PhD in Management and HRM, with a robust foundation in Organisational Structure and Analytical Skills, my role as Head of the Management Program is to foster transformative leadership and strategic thinking among aspiring managers. At the intersection of academia and industry, my eff...


Slide Content

bagali m m / [email protected]
Module
2…… MBA
Peter F
DRUCKER
AIT - MBA / Department of Management Studies

bagali m m / [email protected]
Peter F DRUCKER
"I never predict. I just look out the window
and see what’s visible"

bagali m m / [email protected]
Marketing
Innovation
Human Organisation
Financial resources
Physical resources
Productivity
Social responsibility
Profit Requirements
Eight Objectives

bagali m m / [email protected]
Management by Objectives
1954

MBO is a comprehensive
managerial system that
integrates many KEY
managerial activities in a
systematic manner and that
is consciously directed
toward the effective and
efficient achievement of
organisation and
Individual objectives
M
B
O

mmbagali / ait - mba / [email protected]
Advantages of MBO
Motivates People
Self Control
Hierarchy of Objectives
Planning for results
Clarification of Organisation Goals
Encourages Personal Commitment
Self-Discipline
Set Standards
Objectives can be verified

bagali m m / [email protected]
Quality approach
Time and Cost
Priority can be assigned
Direction /Target in SIGHT
No waste of any resources
Know the expectations
Explicit Time Period
Development of Effective control
Participatory goal setting
F O C U S E D
Cont.

bagali m m / [email protected]
The Techniques of MBO
Preparation of Strategic and Tactical PLANS
What is OUR real business
today, and
What it should be tomorrow
Critical Study; Foresight;
Imagination
Long term and Strategic Plan
prepare

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Specifying KEY results and
Performance Standards
What results I need
to achieve in
what areas,
with what standards

bagali m m / [email protected]
Preparation of a JOB
improvement plan
Action Plan
When, Which, Why,
Where, How, Whom, Why,
(work, activity,job)

bagali m m / [email protected]
Organisational Structure and
Cultural Information
A proper Structure is need/ must
Structure help for performance
Least Number of Managerial
Levels
Give Responsibility while one
is YOUNG

bagali m m / [email protected]
Performance Review and
Potential Review
What is the Performance?
Is the person with Potential?
Traits analysis

bagali m m / [email protected]
Managerial Development Plans
Ask self Questions…….
Why my Performance has
gone dawn
Why I am not BEST

bagali m m / [email protected]
An Outstanding
Management THINKER
✓Management is a Practice…. Not an Exact Science
✓Management is Psychological Manipulation
(innermost thoughts and feelings are sacred
grounds and have NO right to trespass)
✓Long range Planning is not predicting the
Future
(It is just anticipating based on present)
✓ Use Simple Tools/ Books
✓( too much Information spoils)
✓There should be final Authority
( people wont work on their own)
✓ Have Originality and Insight
✓Not an Abstract Philosophy
 

bagali m m /
[email protected]
Peter F DRUCKER
Working Philosophy
! Knowledge is must, Research, Training,
! 50 days Consultancy
! 50 days Teaching
! Rest, Research+ Projects
 
! One agenda at Time
! No Visitors during Meetings
! Don’t attend too many Meetings
! No lengthy Meetings
! Concentrate on Work
! Relax now and then