Principles and Practices of Management Syllabus

Study Notes

Principles and Practices of Management Syllabus

Course Objectives: Familiarize students with management concepts, history, ethics, social & environmental issues; provide practical management skills and organizational management knowledge; examine management functions (planning, organizing, leading, controlling); and their impact on business.
DCOM102 Course Outline: Covers different management areas like management definitions, nature, purpose, scope, manager skills & roles, management principles, management thought, planning, decision-making, management by objectives, styles of management, organizing, staffing, organizational change, leading, and controlling.
DMGT101 Course Outline: Contains similar content as DCOM102, covering management, planning, decision-making, management by objectives, organizing, staffing, leading and controlling.
Course Content: Includes units on Introduction to Management, Evolution of Management Thought, Planning, Forecasting, Decision-making, Management by Objectives, Organizing, Span of Management, Delegation, Authority & Power, Staffing & Coordination, Performance Appraisal, Organizational Change, Motivation, Leadership, Communication, Teamwork and Controlling.
Course Structure: Organizes the content into units with specified page numbers, suggesting a structure for unit learning.

Unit 1: Introduction to Management

Objectives: Students will be able to define management, discuss its nature, purpose, and scope, identify manager roles and skills, and explain managerial functions.
Management Definitions: Many definitions are presented, varying perspectives and characteristics. Key ideas include developing people, cooperative group direction, planning, organizing, actuating, controlling to achieve goals, and integration of personnel and resources.
Nature of Management: Management is economic (maximizing results), skilled (getting things done through people), a process (continuing until goals are reached), universal (applies across various organizations), a blend of science & art (principles & practice), a profession (training, codes, social responsibility).
Scope of Management: Management encompasses economic resources (land, labor, capital), a system of authority (rules and procedures), and a managerial class or elite.
Purpose of Management: Reduce operational ambiguity, keep costs down, motivate others, calculate risks, manage risk, and exercise good judgment.
Characteristics of Management: An economic resource, goal-oriented, a distinct process, an integrative force, an intangible force, achieving results through others, a science and an art, and operates at different levels.
Management as a Profession: Examines if management satisfies the criteria: a substantial body of knowledge, skilled application, a professional body, self-control, social responsibility, community approval.
Who is a Manager? Managers are responsible for planning, directing, monitoring, and taking corrective action for a group of individuals.
Managerial Roles: Interpersonal (figurehead, leader, liaison), informational (monitor, disseminator, spokesperson), and decisional (entrepreneur, disturbance handler, resource allocator, negotiator).
Managerial Skills: Technical (using tools/techniques), human (understanding/motivating others), conceptual (big picture/integration of activities). Additional skills include design and institution-building skills.
Managerial Functions: Planning, organizing, directing (leading), staffing, and controlling. These are interconnected and not necessarily in that order.