On Industrial Management and its Process related to Under Grad students of Engg or Business Studies

masumparvez17 17 views 17 slides Jun 25, 2024
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About This Presentation

Class works for undergrad students


Slide Content

Industrial Management
ULAB
Course Code: GED316/NSC 2248
Date: May 29, 2024 (Wednesday), 4:30 PM
Course Coordinator: Mohammad Masum Parvez (MMP)
Session2’

Introduction of Instructor
Name: Mohammad Masum Parvez (MMP)
B. Sc. Engg(Marine) from Bangladesh Marine Academy, a branch of WMO
MBA (in Finance) AUB
In profession of Power Generation Business (In Sales & marketing, production,
Business Development) for more than 18 years (2005-till date)
•With Perkins & Cummins (UK) Engine (7 years)
•With Deutz/MWM (Germany) gas Engines (8 years)
•With Freudenberg & Schaeffler Group, Germany (3 years)
•Now with Energypac Power Generation PLC (5 years …. Till date)
3 years in Ocean Going Merchant Vessel ( 1995-1998)
https://www.linkedin.com/in/masum-parvez-2427541b4/

Contents
Session: 2
Industrial Management
Manager’s Roles
Managerial Levels & skill
development
Effective Managers and their
roles

Industrial Management
Industrialmanagementinvolvesstudyingtheperformanceof
machinesaswellaspeople.
Specialistsareemployedtokeepmachinesingoodworking
conditionandtoensurethequalityoftheirproduction.
Theflowofmaterialsthroughtheplantissupervisedtoensurethat
neitherworkersnormachinesareidle.
Constantinspectionismadetokeepoutputuptostandard.
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Manager’sRole
Who are managers?

Someone who coordinates and oversees other
people's work so organizational goals can be
accomplished.

Managers plan, lead, organize, and control (PLOC)
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Role of an Industrial Manager

Industrial Managers can be said to be responsible for proper
and the most efficient interaction of 4Ms: Man, Material,
Machine and Method (which every organization needs).

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What Managers Do?
1Set goals
2Establish strategiesfor achieving those goals
3Develop plansto integrate and coordinate activities
4.Organizing:Managers are responsible for arranging and structuring work that
employees do to accomplish the organization's goals.
●They determine what tasks are to be done, who is to do them and how
the tasks are to be grouped, who reports whom, and where decisions
are to be made.
5.Leading:Every organization has people, and a manager's job is to work with
and through people to accomplish goals. Leading means:
●Managers motivate subordinates
●Help solve workgroup conflicts
●Influence individuals or teams as they work
●Select the most effective communication channel
●Deal in any way with employee behavior issues

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…. Cont’d .. What Managers
Do?
6.Controlling:After goals and plans are set (planning), tasks and structural
arrangements are put in place (organizing), and people are hired, trained, and
motivated (leading), there has to be an evaluation of whether things are going as
planned.
●To ensure goals are met and work is done as it should be, managers
monitor and evaluate performance.
●Actual performance is compared with the set goals. If the goals are not
achieved, the manager's job is to get work back on track. This process
of monitoring, comparing, and correcting is the controlling function.

Types of Managers
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First-line (or front-line) managers: manage the work of nonmanagerial
employees, who typically are involved with producing the organization's
products or servicing the organization's customers. Titles as: supervisors or
shift managers, district managers, department managers, or office
managers.
Middle managers: manage the work of first-line managers and can be found
between the lowest and top levels of the organization. Titles as: regional
manager, project leader, store manager, or division manager.
Top managers: At the upper levels of the organization are the top managers,
who are responsible for making organization-wide decisions and establishing
the plans and goals that affect the entire organization. Titles as: executive
vice president, president, managing director, chief operating officer, or chief
executive officer.

Importanceof Efficiency &
Effectiveness
•A top manager coordinates the work activities of the
entire org.effectively and efficiently. Managers ensure
that work activities are completed efficiently and
effectively by the people responsible for doing them.
•1.Efficiency: Efficiency
is "doing things right":
Managers deal with scarce inputs (people, money and
equipment) they are concerned with the efficient use of
those resources by getting things done at the least cost. •2.Effectiveness:
"doing the right things". Example: A
hospital might try to be efficient by reducing the number
of days a patient stays in the hospital. This may not be
effective, since the patient gets sick at home shortly after
being discharged from the hospital. Whereas efficiency is
concerned with the means of getting things done,
effectiveness is concerned with the ends or attainment of
organization.
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Difference Between a
Manager & Effective
Manager
• A successful manager is one that rises through the
organization quickly, while an effective manager is
one who is able to manage his own work and that of
his team in the best way possible, thereby helping to
attain the overall strategy of the organization.
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Cont’d// Diff…
• Managers set out to achieve organizational goals
through implementing processes, such as budgeting,
organizational structuring, and staffing, while
Effective Managers are more intent on thinking
ahead and capitalizing the opportunities.
• Effective Managers are treated as the Leader(s)
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Management Functions
The four functions of management are
•Planning
•Organizing
•Leading
•controlling
Planning is the most crucial part of Industrial management. It comes first in the
core management functions, POSDCORB (Planning, Organising, Staffing, Directing,
Coordinating, Reporting and Budgeting).
It is not just necessary for long-term goals, but even repetitive processes. That’s
how there are different types of planning used in Inmdudtrial management.

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Management Importance
The importance of management are;
achieving organization goals,
achieving individual goals,
creating a dynamic environment,
developing society,
improving efficiency.
Management refers to the process of performing tasks
efficiently and effectively while achieving personal and
organizational goals.

SpecializationinIndustrialManagementisdesignedtoaddressand
solvereallifeproblemsrelatingtoindustrialset-ups.
Collaborationwithrelevantindustriesandfinancialinstitutesisits
keymethod.Thisspecializationisoneoftheveryfewaimedat
mid-careerprofessionalswhowishtomakethemovetosenior
managementwithinindustrialandmanufacturingorganizations.
Specialization In Industrial
Management
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Itisdesignedtoprovidetheexpertiseessentialforallsenior
managersbyintegratingspecificengineeringsubjectswiththe
managementoftechnologyandmanufacturingsystems.
Thespecializationalsoexaminesthelatestbusinessthinkingand
providesexpertknowledgeonengineeringandtechnologyissues
andtheories.
Topicssuchasfinance,marketing,managementstrategyare
integratedwithmodernindustrialissuessuchasprojectand
qualitymanagement,manufacturingeffectiveness,advanced
manufacturingtechnologyandsupplychainmanagement.
Cont’d… Specialization In Industrial
Management
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https://www.linkedin.com/in/masum-parvez-2427541b4/

Thanks!
Any questions?
You can find me at:
[email protected]
LinkedIn:
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