Week 1 Definition and Functions of Management PDF

Organization and Management Nature & Concept of Management 10 December 2024 1 Learning Objectives 1. Know the concept of management 2. Perceive the nuances of various definitions of management 3. Be able to identify the various elements of management and appreciate...

Organization and Management Nature & Concept of Management 10 December 2024 1 Learning Objectives 1. Know the concept of management 2. Perceive the nuances of various definitions of management 3. Be able to identify the various elements of management and appreciate their operational implications 2 Contemporary Definition of Management 3 Management A process by which HUMAN EFFORTS are coordinated and combined with other resources to accomplish ORGANIZATIONAL GOALS & OBJECTIVES “The art of getting things done through people” - Mary Parker Follett 4 Management Requires an understanding of ECONOMIC PRINCIPLES of division of labor SUBTASKS COORDINATION OF EFFORTS Reorganizes subtasks into an EFFICIENT and EFFECTIVE whole 5 Elements Management 1. Involves coordinating the human, material and financial resources towards accomplishing organizational goals effectively and efficiently 2. Relating the organization to the external environment and responding to societal needs 3. Developing an organizational climate where people can accomplish their individual and collective goals 4. Performing certain definable functions such as goal setting, planning, assembling resources, organizing, implementing, and controlling 5. Carrying out various interpersonal, informational, and decisional roles 6 Checkpoints 1. What are the elements of management? 2. What is the principle the reorganizes subtasks to a be done more effectively and efficiently? 3. Who defined that management is an art? 7 Functions of Management 8 Planning Plan is a future course of actions. It is an exercise in problem solving & decision making. Planning is a systematic thinking about ways & means for accomplishment of pre-determined goals. “Planning is deciding in advance - what to do, when to do & how to do. It bridges the gap from where we are & where we want to be” - Koontz 9  Identification of activities. Organizing Classification of grouping of activities. Assignment of duties. Delegation of authority and creation of responsibility. Parent Portal Calendar Documents Coordinating authority and responsibility relationships. Attendance Reports Messaging 10  Staffing “Managerial function of staffing involves manning the organization structure through proper and effective selection, appraisal & development of personnel to fill the roles assigned in the structure” - Koontz & O’Donnell Date School Name 11 Staffing Manpower Planning (estimating manpower in terms of searching, choose the person and giving the right place). Recruitment, Selection & Placement. Training & Development. Remuneration. Performance Appraisal. Promotions & Transfer. 12 Directing Interpersonal aspect of management which deals directly with influencing, guiding, supervising, motivating sub-ordinate for the achievement of organizational goals. 13 Elements of Directing 1. Supervision- implies overseeing the work of subordinates by their superiors. It is the act of watching & directing work & workers. 2. Motivation- means inspiring, stimulating or encouraging the subordinates with zeal to work. Positive, negative, monetary, non-monetary incentives may be used for this purpose. 3. Leadership- may be defined as a process by which manager guides and influences the work of subordinates in desired direction. 4. Communications- is the process of passing information, experience, opinion etc from one person to another. It is a bridge of understanding. 14  Controlling “Controlling is the process of checking whether or not proper progress is being made towards the objectives and goals and acting if necessary, to correct any deviation” - Koontz & O’Donell Date School Name 15 Steps of Controlling 1. Establishment of standard performance. 2. Measurement of actual performance. 3. Comparison of actual performance with the standards and finding out deviation if any. 4. Corrective action. 16 Checkpoints 1. What are the functions of management? 2. What function gives corrective actions? 3. What functions includes training & development? 17 Assignment#1 Next Meeting bring ½ Index Card with the following information: 1. Fullname (LN, FN, MI). All in capital letters 2. ID Number 3. Upper Right Corner put a 2X2 Photo 4. Nickname. How you want me to call you in class? 5. What is your Junior High School? 18 Thank you! 19