Module 1 - Nature & Concept of Management.pptx

MODULE -1 Nature and Concept of Management Management  the process of dealing with people or controlling things or people.  is the attainment of organizational goals in an effective and efficient manner.  people/ machine  money  time  system/technique/strategy  Four F...

MODULE -1 Nature and Concept of Management Management  the process of dealing with people or controlling things or people.  is the attainment of organizational goals in an effective and efficient manner.  people/ machine  money  time  system/technique/strategy  Four Functions of Management PLANNING ORGANIZING LEADING/DIRECTING CONTROLLING  Management Aims to Achieve Objectives SPECIFI  should be in a form of sufficient detail C  can be assessed and verified MEASURAB LE  can be achieved by finding your own ATTAINABL ways or strategies E  can be accomplished given the current REALISTIC and planned level of resources that you TIME-  have can be accomplished within a definite period of time BOUND  MANAGER ROLES MANAGER  A person who conducts business or household affairs TYPES OF MANAGER ROLES INTERPERSONAL INFORMATIONAL DECISIONAL INTERPERSONAL ROLES Pertains to the relationship with others and are related to the human skills Figurehead Leader Liaison INFORMATIONAL ROLES It describes the activities used to maintain and develop an information network. Monitor Disseminator Spokesperson DECISIONAL ROLES The act or process of deciding; He / She is firm or unwavering adherence to one’s purpose. Entrepreneur Disturbance handler Resource allocator Negotiator “A KEY TO ACHIEVING SUCCESS IS TO ASSEMBLE A STRONG AND STABLE MANAGEMENT TEAM”