Management Principles Course - Lecture One

Management Principles Course

• Course Details:
  • University: Menia University
  • Faculty: Tourism and Hotels
  • Program: Tourism and Hospitality Technology
  • Year Level: First Year
  • Instructor: Asmaa Abdelmawgoud
  • Email: [email protected]

Lecture One: Basic Concepts in Management

• Introduction to Management:
  • Management is the art of achieving maximum efficiency by directing others towards a shared goal.
  • It involves effectively utilizing resources to achieve a common objective.
• Management Functions:
  • Planning
  • Organizing
  • Forecasting
  • Coordinating
  • Leading
  • Controlling
  • Motivating

Definition of Management (Various Perspectives)

• F.W. Taylor (Scientific Management):
  • Management is about knowing what needs to be done and ensuring it is executed effectively. (Planning and controlling).
• Henri Fayol (Father of Modern Management):
  • Management involves forecasting, planning, organizing, commanding, coordinating, and controlling the efforts of others.
• Harold Koontz:
  • Management is the art of getting things done through, and with, formally organized groups.
• Peter F. Drucker:
  • Management is a multipurpose organ that manages the business, managers, and workers.
• J.Lundy:
  • Management is the task of planning, executing, and controlling.

Characteristics of Management

• Economic Resource:

  • Management is a crucial factor of production—alongside land, labor, and capital.
  • Increased industrialization necessitates more managers.

• Purposeful Activity:

  • Management coordinates human efforts to fulfill organizational goals.
  • Success is measured by achievement of defined goals.

• Process Characteristics:

  • Management involves distinct functions (planning, organizing, staffing, directing, controlling).
  • Tasks are interconnected and a strict sequence can't be defined.

• Teamwork:

  • Management's core is integrating human, and other, resources.
  • Managers use knowledge and experience to gain results and align individual goals with organizational goals.

• System of Authority:

  • Management represents a hierarchical system of command.
  • Authority decreases as you go down the hierarchy.
  • Authority empowers managers to perform tasks successfully.

• Universal Application:

  • Management principles and techniques apply across various sectors (business, education, military, government, hospitals).
  • Principles act as flexible guidelines that can be adapted by different organizations.