2. Meaning of Management
⢠It is a process of coordinating work activities so
that they are completed at efficiently and
effectively with and through other people
⢠The on going functions or primary activities
⢠It is showing the difference between managerial
or non managerial relation
⢠Completing activities with no error
⢠so that organization goals are attained
⢠Getting the most out put from the least amount
of inputs
3. Definition of Management
âIt is the art of getting things done through and
with the people in formally organized groups.â
_koontz H.
Management is the process of planning,
Organizing,Staffing,Directing and Controlling
to accomplish organizational objectives though
the coordinated use of human and material
resources.
5. Importance of Management
ďAchievement of Group Goals
ďOptimum Utilization of Resources
ďFulfillment of social Obligations
ďStability
ďHuman Development
6. Functions of Management
⢠Planning:- Involve selecting mission and objectivesand and the actions to
achieve them.
⢠Organizing:-Means establishing or praming a structure of roles for the
people to complete that planning.
⢠Staffing:- Involve filling the positions in the organization structure.
⢠Leading and Directing:-It is the process of infuencing people so
that they will contribute to the organization.
⢠Controlling:-Means measuring and correcting in divisual and
organization performance so that the ulimate out come should match the planned
idea.