Managerial Process Presentation PDF

Managerial Process and its importance Presented by Group 3  ACTIVITY SURVIVE AGAINST THE ODDS The class will be divided into 2 groups A scenario will be given by the reporters Each group must provide 5 essential it...

Managerial Process and its importance Presented by Group 3  ACTIVITY SURVIVE AGAINST THE ODDS The class will be divided into 2 groups A scenario will be given by the reporters Each group must provide 5 essential items they need base on the scenario and 5 items from natural environment that could also help them. A 3 minute discussion will be provided, afterwards they must name their items. Each group will be given 3 minutes to constructively criticize the other party’s choices. Meaning and definition MANAGEMENT IS A PROCESS OF PLANNING, DECISION MAKING, ORGANIZING, LEADING, MOTIVATION AND CONTROLLING THE HUMAN RESOURCES, FINANCIAL, PHYSICAL, AND INFORMATION RESOURCES OF AN ORGANIZATION TO REACH ITS GOALS EFFICIENTLY AND EFFECTIVELY. Historical background Ancient times Middle East - Mesopotamia: Business dealings were recorded by priests as early as 3000 BCE Ancient China - The Qin dynasty (221–207 BCE): The first centralized bureaucratic state and merit-based administration may have originated in ancient China.. Greece - Athens: Socrates identified management as a separate competency from technical skills around 400 BCE. Rome - Julio-Claudian dynasty 27 BC to 68 AD: The Romans introduced a hierarchy of authority and accountability. Historical background Industrial Revolution Mass production: The Industrial Revolution (1750–1900) led to mass production, where workers performed one small task repeatedly on assembly lines. Scientific management: Frederick Winslow Taylor, known as the "Father of Scientific Management", developed methods to increase efficiency by breaking down tasks into smaller components. Managing large numbers of employees: Managers needed to find new ways to motivate employees to perform. Historical background 20th century Formalization of management education: The formal study of management as a discipline emerged in the early 20th century. Peter Drucker: Businessweek called Drucker "the man who invented management".  D MANAGEMENT WHY DO WE NEE Henri Fayol: He emphasized the core functions of management, which are planning, organizing, commanding, coordinating, and controlling. According to Fayol, these functions are necessary for any organized human activity, whether it's a business, a government, or a household. Frederick Winslow Taylor: Known for his scientific management principles, Taylor focused on efficiency and productivity. He believed that management's role is to optimize work processes, select and train the best workers, and ensure that work is done in the most efficient way.  D MANAGEMENT WHY DO WE NEE Peter Drucker: viewed management as a multipurpose organ that manages a business, manages managers, manages workers, and manages work. He stressed the importance of setting objectives, organizing resources, and motivating people to achieve those objectives. Harold Koontz: the art of getting things done through others and with formally organized groups. This highlights the importance of effective leadership, communication, and teamwork in achieving organizational goals. Functions of Management Presented by Group 3 Functions of Management  PLANNING "Planning bridges the gap from where we are to where we want to go. It makes it possible for things to occur which would not otherwise happen" Koontz and O'Donnel. ✓ what to do ✓ how to do ✓ why to do ✓ where to do and ✓ who will be responsible for doing  ORGANIZING "Organization is the process of identifying and grouping of the works to be performed, defining and delegating responsibility and authority and establishing relationships for the purpose of enabling people to work most efficiently". - Louis A. Allen  STAFFING "Staffing is the function by which managers build an organisation through the recruitment, selection, and development of individuals as capable employees" - McFarland  DIREC DIRETING Directing is nothing but guiding and leading the people in an organization. It is not just giving instructions by a superior to the sub-ordinates but also is a process of supervising, guiding and motivating the latter to achieve the organizational goals.  CONTROLLING "Controlling is determining what is being accomplished - that is, evaluating performance and, if necessary, applying corrective measures so that performance takes place according to plans". - Terry and Franklin.  Importance of Management 1. It helps in Achieving Group Goals 2. Optimum Utilization of Resources 3. Reduces Costs 4. Establishes Sound Organization 5. Establishes Equilibrium 6. Essentials for Prosperity of Society Thank You