Management thinkers

This File is on topic Management Thinksers Made By me :D

1. Management Thinkers Presented By : Km. Archana B.B.A I st Year

2. Meaning Of Management Management  (or  managing ) is the  administration  of an  organization, whether it is a  business, a not-for-profit organization, or government body. Management includes the activities of setting the strategy of an organization and coordinating the efforts of its employees (or of volunteers) to accomplish its objectives through the application of available resources, such as financial, natural, technological, and human resources . Many thinkers have describe management in their ways by providing the constitutions towards it here are some.

3. Henry Fayol’s Principles Division of work - The division of work is the course of tasks assigned to, and completed by, a group of workers in order to increase efficiency. Division of work, which is also known as division of labour , is the breaking down of a job so as to have a number of different tasks that make up the whole. Authority and Responsibility - Authority is the right to give orders and obtain obedience, and responsibility is the corollary of authority. Discipline - Employees must obey and respect the rules that govern the organization. Good discipline is the result of effective leadership. Unity of command - Every employee should receive orders from only one superior or behalf of the superior. Unity of direction - Each group of organizational activities that have the same objective should be directed by one manager using one plan for achievement of one common goal.

4. Subordination - The interests of any one employee or group of employees should not take precedence over the interests of the organization as a whole. Remuneration - All Workers must be paid a fair wage for their services. Centralisation and decentralisation - Centralisation refers to the degree to which subordinates are involved in decision making. Scalar chain - The line of authority from top management to the lowest ranks represents the scalar chain. Communications should follow this chain. Order - this principle is concerned with systematic arrangement of men, machine, material etc. There should be a specific place for every employee in an organization Equity - Managers should be kind and fair to their subordinates . Stability of tenure of personnel - High employee turnover is inefficient. Management should provide orderly personnel planning and ensure that replacements are available to fill vacancies. Initiative - Employees who are allowed to originate and carry out plans will exert high levels of effort. Esprit de corps - Promoting team spirit will build harmony and unity within the organization.

5. F.W. Taylor Principles Replace rule-of-thumb work methods with methods based on a scientific study of the tasks. Scientifically select, train, and develop each employee rather than passively leaving them to train themselves. Provide "Detailed instruction and supervision of each worker in the performance of that worker's discrete task" (Montgomery 1997: 250). Divide work nearly equally between managers and workers, so that the managers apply scientific management principles to planning the work and the workers actually perform the tasks.

6. Maslow’s Theory Theory Of Personality – Maslow said that human beings strive for self actualization or realization of their full potential once they have satisfied their more basic needs. He has also provided his own account of healthy human personality. Theory of Motivation - Maslow proposed that motivation is the result of a person’s attempt at fulfilling Five basic needs Psychological, Safety, Social, Esteem and Self Actualization. Theory Of Needs :- Psychological Needs – The need to eat, the need to drink, the need to shelter, etc. Belonging Needs – The need to feel part of group, the need for acceptance. Self esteemed Needs – The need to feel good about themselves. Self Realization Needs – The needs for personal fulfillment.

7. Elton Mayo’s Management Theory Elton Mayo contribution to management theory helped pave the way from modern human relations management methods. Mayo management theory states that employees are motivated more by relational factors rather than by monetary rewards. Contributions :- Groups with low norms and low cohesiveness are ineffective; they have no impact, since none of the members are motivated to excel, according to Mayo's theory.  Groups with low norms and high cohesiveness have a negative impact, since fellow members encourage negative behavior (e.g., gangs ). Groups with high norms and low cohesiveness have some degree of positive impact through individual member accomplishments .  Groups with high norms and high cohesiveness have the greatest positive impact, Mayo's theory predicts, since group members encourage one another to excel.

8. Indian Management Thinkers G.D. Birla J.R.D. Birla

9. Thank You