Universtality of management

1. Overview This ppt contains the topic “universality of management” Meaning Why do we need it ? Arguments for universality Arguments against Made by : vijay mittal Course:bba ,llb

2. Universality of management

3. Meaning Managerial knowledge can be transferred from one person to another person from one firm to another firm in the same country and from one country to another country .This transferability of management is meaningful only when it has universal applicability.

4. Transmission of management knowledge may be undertaken as : 1.By managers from an industrially developed country working in developing country 2. By people from a developing country coming to study and working in industrially advanced country and returning back to their own country 3. Through training and development programs for managers in a developing country

5. why do we need it ? Figure head: The management perform capabilities which are ceremonial and symbolic in nature .These includes greeting visitors attempt ion ,social function and handling out merit certificates to outstanding employees

6. Monitor : The management constantly collects the information about the factors which effect the organization. Dissemination: the management distributes the information to the subordinates .

7. Disturbance handler: management is required to handle those certain factors and events which act as disturbance to the organization equilibrium and working. Resource allocator : A management allocates resources of human ,physical ,financial ,to various organizational units according to their needs .

8. Arguments for universality of management Arguments for universality

9. Management as process Management as a process is found in all organization activities irrespective of country ,culture or size ,only the intensity of a particular element may differ depending on the variable affecting management practises .

10. initiating planning closing executing Monitoring & controlling Integration management Scope management Time management Cost management Quality management Human resource Procurent management Communication management

11. Distinction between management fundamentals and techniques

12. Management fundamentals are the basic principles and theories while management techniques are the tools for forming managerial function management techniques may differ from country ,fundamentals will remain the same

13. Distinction b/w management fundamentals & practices

14. Management is both science and art ,most productive art is based on an understanding of the science underlying it .The art of managing or the practice of managing makes use of organized knowledge that is science .

15. Arguments against universality

16. Arguments against universality of management are on the basis of following: Cultural characteristics Management philosophy Organizational objectives