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CONCEPT NATURE & PURPOSE OF MANAGEMENT
Transcript of CONCEPT NATURE & PURPOSE OF MANAGEMENT
HUMAN RELATIONSHIP CONCEPT
LEADERSHIP AND DECISION MAKING CONCEPT
Management refers to all those persons who are concerned with getting the things done through others.
Ex.---persons of supervisory responsibilities,
MD, GM, Board of Directors
Management is the art of directing and inspiring people
---- Mooney & Riley
Management is the art of getting things done through & with people in formally organized groups. Its an art of creating an environment in which people can perform and individuals could co-operate towards attaining of group goals
CONCEPT OF MANAGEMENT
HUMAN RELATIONSHIP CONCEPT
Management refers to a body of knowledge, a practice and a discipline.
Management refers to the principles and practices of management as a subject of study
Management refers to all that manager does.
Ex.---Planning, Organizing , Staffing, Directing, Controlling
Management means decision making
---- Ross Moore
Management implies substitution of exact
scientific investigation and knowledge for the old individual judgment or opinion, in all matters in the establishment
---- F.W. Taylor
LEADERSHIP & DECISION MAKING CONCEPT
—Management as an art of increasing productivity
Management may be defined as an art of securing maximum prosperity and happiness for both employer & employee and give the public the best possible service.
---- John, F. Mee
Management is the art of knowing what u want to do…. In the best & the cheapest way.
---- F. W. Taylor
Management is the force that integrates men & physical plant in to an effective operating unit.
---- Keith & Gubellini
Management consists in guiding human & physical resources into a dynamic, hard- hitting organization unit that attains its objectives to the satisfaction of those served and a high degree of morale and sense of attainment on the part of those rendering the services.
---- Lawrence , A. Appley
NATURE OF MANAGEMENT
Creative organ Composite force
Universality Continuous process
UNIVERSALITY - Irrespective of the size nature & location of the organization.
PURPOSEFULL - Attainment of organization of goals.
SOCIAL PROCESS - Motivation
CO-ORDINATION FORCE - Orderally management avoid duplicating & overlapping.
INTANGIBLE - Unseen force
CONTINUOUS PROCESS - Cycle of management continuous for achivement of objectives
COMPOSITE PROCESS - Made up of individual ingredients.
The whole process in intergrative & performed in a network fashion.
CREATIVE ORGAN - Provides creative ideas , new imaginations & visions to group efforts
Optimum utilization of resources
Minimizing the element of risk
Planning for the future.
Growth and Development of business
Better quality goods
Ensuring regular supply of goods
Discipline and Morale
Mobilizing the best talent
Research and Development
'Management is a art of getting things done through others' - NARROW SENSE
"The art of securing maximum results with the minimum of efforts so as to secure maximum prosperity &happiness for both employer & employee & give the public best possible service"
'To manage is to forecast & to plan to orrganize to command to coordinate and to control'
- HENRY FAYOL
'The art of knowing exactly what you want to do & then seeing that they do in best & cheapest way'
'Management is the art & science of decision making & leadership'
- DONALD CLOUGH