3. Management is the process of designing and maintaining
an environment in which individuals ,working together in
groups , efficiently accomplish selected aims.
Management is the attainment of organizational goals in
an effective and efficient manner through planning,
organizing, staffing, directing and controlling
organizational resources.
Organizational resources include men, money, machines
and materials.
Management is a functional concept.
3
4. Planning – A Blueprint to achieve desired goals.
Organizing – It provides a mechanism through which the
plan can be put into effect .
Staffing - It means selecting the right persons for the
right jobs and then developing them.
Directing – It aims at inducing individuals towards the
desired goals.
Controlling – Comparing performance against the targets
set in plan.
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6. 1. Classical Concept – Management is a process
Management is what management does .It is the task
of planning , executing and controlling. – James
L.Lundy
Management is a distinct process consisting of
planning , organizing , actuating and controlling
,performed to determine and accomplish stated
objectives by the use of human beings and other
resources.- George R.Terry
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7. 2.Productivity Concept – Art of increasing
productivity.
Management is the art of knowing exactly what you
want people to do and seeing that they do it in the best
and cheapest way – F.W Taylor
3.Human Relation Concept – It is an art of working
with and through people.
Management is the art of getting things done through
and with people in formally organised groups.- Harold
Koontz
Manager is the one who accomplishes the objectives by
directing the effort of others.- Claude S.George
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8. 4. Decision Making and Leadership Concept – It is an
art and science of decision making and leadership.
Management is simply the process of decision making
and control over the action of human beings for the
express purpose of attaining predetermined goals. –
Stanley Vance
Management is the function of executive leadership
anywhere . – Ralph C.Davis
8
9. 5 .Integration Concept – Modern Management
Management is defined as the process of planning ,
organizing ,actuating and controlling an organisations
operation in order to achieve co-ordination of the
human and material resources essential in the effective
and efficient attainment of objectives. – Robert
L.Trewaha and M.Gene Newport
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10. MANAGEMENT
FOR ALL SIZES OF
ORGANISATION (
SMALL OR LARGE)
ALL TYPES OF
ORGANIZATION
( PROFIT OR
NOT FOR
PROFIT)
IN EVERY ASPECT OF
ORGANIZATION ( PRODUCTION
,MARKETING ,HR, FINANCE
ALL
ORGANIZATION
LEVELS ( TOP
OR BOTTOM )
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11. Profitability – Management must ensure that the
enterprise earns sufficient profit to meet it needs.
Prosperity and Growth - Management should aim at
continuously improving the performance of
organization
Change and Innovation- Continuous research and
development are necessary for developing new and
better methods
Minimize the Element of Risk - Management might
minimize risks by contributions that will keep the
organization informed about potential risks in the
future. 11
12. Improving Performance - Management should aim
at improving the performance of each and every
factor of production
Development Of People – Management should
mobiles the best talent. It should provide employees
opportunities for training.
Optimum Utilization of Resources – Factors of
production can be efficiently utilized to a great extent
which can be done by reducing spoilage, wastages
Planning for Future - An objective of management
is to make plans for the future
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13. Discipline and Morale –It aims at improving
discipline among people by exercising authority.
Rightful Decision Making – It is an essential part of
management , managers always take it at every step of
business.
Improving Image – It always attempts to build and
maintain a sound image of the organization
Quality Goods at Fair Price – It should try to provide
better quality goods at fair price.
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14. Universal Process: Wherever there exists human
pursuit, there exists management. Principles of
management are universally applicable
The factor of Production: Equipped and
experienced managers are necessary for the
utilization of funds and labor.
Goal-Oriented: The most significant aim of all
management pursuit is to achieve the purposes of a
firm. The aims must be practical and reachable.
Supreme in Thought and Action: Managers set
achievable goals and then direct execution on all
aspects to achieve them.
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15. The system of Authority: Well-defined
principles of regulation, the regulation of proper
power and efficiency at all degrees of decision-
making.
Profession: Managers require to control
managerial expertise and education and stay
informed of their human and social
responsibilities.
Process: The management method incorporates a
range of activities or services directed towards an
object.
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16. Administration relates to managing of different
things.
The word "administration" comes from word
"minor" and "ministrare" which means " to
serve" and " to govern" accordingly.
It is a top level activity, above the management.
It deals with executive and strategic work. Thus,
it must incorporate both leadership and vision
Administrating means directing, superintending
the execution, using or conducting of various
things.
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18. “Administration is the organism and use of men
and materials to accomplish a purpose.” - Felix A.
Nigro
“In its broadest sense, administration can be
defined as the activities of groups cooperating to
accomplish common goals.” - Herbert A. Simon
“Administration is a process involving human
beings jointly engaged in working towards
common goals. - George E. Berkley
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19. “Administration is a variety of component elements
which, together in action, produce the result of a
defined task done. Administration, primarily is the
direction of people in association to achieve some goal
temporarily shared. It is the inclusive process of
integrating human efforts so that a desired result is
obtained. Administration is the central power house of
the motivational impulsion and spirit which makes the
institution drive to fulfil its purpose.” - Ordway Tead
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20. Basis Management Administration
Meaning Management is an art of getting
things done through others.
It is concerned with formulation
of broad objectives, plans &
policies.
Nature Management is an executing
function.
Administration is a decision-
making function.
Process It decides who should do it and
how should he do it.
It decides what is to be done and
when it is to be done.
Function It’s a doing function because
managers get work done under
their supervision.
It is a thinking function because
plans and policies are determined
under it.
Skills Technical and Human skills Conceptual and Human skills
Level Middle and lower level function Top level function
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21. Basis Management Administration
Applicability It is applicable to business
concerns i.e. profit-making
organization.
It is applicable to non-
business concerns i.e. clubs,
schools, hospitals etc.
Influence The management decisions are
influenced by the values,
opinions, beliefs and
decisions of the managers.
The administration is
influenced by public opinion,
govt. policies, religious
organizations, customs etc.
Status Management constitutes the
employees of the organization
who are paid remuneration (in
the form of salaries & wages).
Administration represents
owners of the enterprise who
earn return on their capital
invested & profits in the form
of dividend.
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23. Leadership is a quality of influencing people, so
that the objectives are attained willingly and
enthusiastically. It is not exactly same as
management, as leadership is one of the major
element of management.
Management is a discipline of managing things in
the best possible manner. It is the art or skill of
getting the work done through and with others. It
can be found in all the fields, like education,
hospitality, sports, offices etc.
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24. One of the major difference between
leadership and management, is management
is for formal and organized group of people
only, whereas leadership is for both formal
and informal groups.
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25. The major difference between leadership and
management are as under:
Leadership is a virtue of leading people
through encouraging them. Management is a
process of managing the activities of the
organisation.
Leadership requires trust of followers on his
leader. Unlike Management, which needs
control of manager over its subordinates.
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26. Leadership is a skill of influencing others
while Management is the quality of the ruling.
Leadership demands foresightedness of
leader, but Management has a short range
vision.
In leadership, principles and guidelines are
established, whereas, in the case of
management, policies and procedures are
implemented.
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27. Leadership is Proactive. Conversely,
management is reactive in nature.
Leadership brings change. On the other hand,
Management brings stability.
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29. Q1.Define the concept of Management.
Q2.Discuss the features of Management.
Q3.Discuss the nature of Management.
Q4.Distinguish between Management and Administration.
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30. Reference Books:-
i) Essentials of Management By Harold Koontz and
Heinz Weihrich
Publisher – McGraw Hill Education, Tenth Edition
ii) Management Principles and Practice By
R.Srinivasan and S.A Chunawalla
Publisher – Himalaya Publishing House, Revised
Edition - 2014
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