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Examples of the principles in the movie
Planning is deciding in advance what is to be done. When a manager plans, he projects a course of action for further attempting to achieve a consistent co-ordinate structure of operations aimed at the desired results.
It involves designing, structuring, and coordinating the work components to achieve organizational goal. It is the process of determining what tasks are to be done, who is to do, how the tasks are to be grouped, who reports to whom, and where decisions are to be made.
Directing is the process of influencing and inspiring others to achieve organizational targets. An effective leader will foster motivation, trust, respect and loyalty.
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Henri Fayol is considered to be the Father of Administrative Management Theory.
Henry Fayol believed that all activities of business enterprises could be divided into six groups:
The process of management, not as individual or disconnected tasks, but as a series of functions originated with Fayol as he emphasized this process was the same at every level, and common to every organization. He presented 14 principles of management as general guides to the management process and practice.
Managerial Functions
Explained Through Movie
Managers are expected to perform certain functions so that they can get things done through and with people in an effective and efficient manner. These managerial functions are goal directed, inter related as well as interdependent.
After learning about the unethical practices of AYS, Hapreet took the Initiative to open his own firm and became the competitor of AYS.
In Rocket Sales Corporation, it is seen that the employees share a good relationship amongst themselves and enjoy working together. This is the demonstration of Esprit de Corp.
With an established organizational structure, AYS puts into effect the principle of Scalar Chain. On the other hand, with only five people in the firm, Rocket Sales Corporation has a flexible and decentralised organizational structure.
Principle of Remuneration was seen in practice at AYS where all sales representatives were paid a fair salary with a commission on each sale. At Rocket Sales, however, since the firm’s partners were the only employees, whatever profit the firm made was equally divided amongst them all.
Division of work can be clearly seen in AYS, where different employees specialize in different tasks. At Rocket Sales, each partner is a specialized worker.
Unity of Command is clearly observed in the hierarchy of AYS, where all sales representatives are under the control of Nitin Rathore, the Sales Manager. Each employee had to report to the same manager and this made delegation of responsibility and communication easier and more efficient.
Unity of Direction was also seen in practice when all sales representatives of AYS were given individual targets of sales to complete an overall target of sales the company wished to achieve.
The principle of Equity was being practiced in Rocket Sales Corporation, where, unlike AYS, all employees treated each other equally regardless the kind or work they did.
Authority and Responsibility: Sunil Puri, managing director of AYS, is seen to exert his command throughout. He is a figure feared by all employees who willfully follow his orders and accept his role as a responsible figurehead of the company.
Puri was a part of the top level management and thus he carried out the following managerial roles for AYS:
Managerial Roles
Top Level Management
Frontline Management
Nitin was the Sales manager at AYS and formed a part of the lower level management at the organization and had the following managerial roles to play:
When Harpreet Singh starts Rocket Sales Corporation, there are very few people working in the company and so he has to carry out many managerial roles, those roles are as following:
Contents
The success of the project depends largely on guidelines of many people.We take this opportunity to express our gratitude to the people who have been instrumental in success of this project
We would like to extend our sincere gratitude to Dr.(Fr.)
Thomas C Mathew, Vice Chancellor and Dr. Jain Mathew,HOD, who has been a constant source of inspiration for students.
Our sincere thanks to Prof. Raghavendra A.N.
for his unwavering support during entire course of project.
We also express our gratitude to our parents,faculty members and our friends.
1. Glance at the movie.
2. Cast and Crew
3. Managerial concepts incorporated in the movie
4.Managerial lessons
5.bibliographical references