際際滷

際際滷Share a Scribd company logo

principles of managemet foe management studirs

Download as PPTX, PDF
N
NishantShenoy13

This document discusses principles of management. It begins by introducing management and its importance in achieving goals. It then defines principles of management as fundamental techniques or systems that universally provide consistent results. Some key principles discussed include: 1. Henry Fayol proposed 14 principles of management including division of work, authority and responsibility, discipline, unity of command, and centralization and decentralization. 2. Principles have universal application, provide general guidelines rather than rigid rules, and are developed through research and practice. 3. Principles are flexible and behavioral in nature, aiming to positively influence human behavior within organizations. There is a cause-and-effect relationship between applying principles and achieving goals.

1 of 17
Download to read offline
PRINCIPLES OF MANAGEMENT
INTRODUCTION BUSINESS ORGANISATION NON-BUSINESS ORGANISATION SOCIAL LIFE M A N A G E M E N T
INTRODUCTION Management is the key to success in achievement of goals WHERE YOU ARE WHERE YOU WANT TO BE MANAGEMENT APRIL FEBRUARY BOARD EXAMS MANAGE YOUR STUDIES & TIME 80 90%
5M OF MANAGEMENT MAN METHODS MATERIAL MACHINERY MONEY
MEANING & DEFINITION OF PRINCIPLES OF MANAGEMENT MEANING While achieving a goal of an individual or an organization, it is always important to use different systems or techniques Some of these techniques are accepted universally, hence they are called as Principles DEFINITION Principle is defined as Fundamental Truth or a proposition that serves as the foundation for a system of belief or behavior or for a chain of reasoning In simple words Techniques / Systems which give one directional result are called as Principles
NATURE OF PRINCIPLES OF MANAGEMENT 1. UNIVERSAL APPLICATION UNIVERSAL IN NATURE CAN BE APPLIED TO ALL TYPES OF ORGANISATIONS IT IS APPLICABLE TO ALL LEVELS OF MANAGEMENT
NATURE OF PRINCIPLES OF MANAGEMENT 2. GENERAL GUIDELINES PROVIDES GUIDELINES IN TACKLING THE ORGANIZATIONAL SITUATION & SOLVING THEY ARE NOT RIGID MANAGEMENT PRINCIPLES ARE APPLIED DEPENDING ON THE SIZE, SITUATION & NATURE OF THE ORGANIZATION 3. PRINCIPLES ARE FORMED BY PRACTISE & EXERCISE THE MANAGEMENT PRINCIPLES ARE DEVELOPED GRADUALLY THROUGH RESEARCH WORK SYSTEMATIC OBSERVATION EXPERIMENTS
NATURE OF PRINCIPLES OF MANAGEMENT 4. FLEXIBILITY FLEXIBLE IN NATURE THEY CAN BE FORMED / MODIFIED ACCORDING TO THE SITUATIONS Eg. A situation arises between two groups of employees in an organization. Eg. There is a shortage of production due to machinery failure. 5. BEHAVIOURAL IN NATURE MANAGEMENT IS A GROUP ACTIVITY ORGANISATION GOALS ARE ACHIEVED THROUGH A GROUP OF HUMAN BEINGS THESE PRINCIPLES ARE DESIRED TO INFLUENCE HUMAN BEINGS POSITIVE WAY
NATURE OF PRINCIPLES OF MANAGEMENT 6. CAUSE & EFFECT RELATIONSHIP PRINCIPLES OF MANAGEMENT ARE A BASE OF TAKING DECISIONS Eg. Payment of good wages and incentives helps in increasing the output of workers or making effective advertisements helps in sale of products. 5. ALL PRINCIPLES ARE OF EQUAL IMPORTANCE TO GET THE BEST RESULTS IN THE FORM OF ACHIEVEMENTS OF PRE DEFINED GOALS ALL PRINCIPLES SHOULD BE USED
HENRY FAYOLS 14 PRINCIPLES OF MANAGEMENT
HENRY FAYOLS 14 PRINCIPLES OF MANAGEMENT July 29, 1841 - November 19, 1925 French mining engineer, mining executive Became a leading industrialist and a successful manager Rose to the position of the chief managing director Father of Modern Management He wrote a book entitled, General and Industrial Management He also laid down the 14 Principles of Management
HENRY FAYOLS 14 PRINCIPLES OF MANAGEMENT LEARN IT THE EASY WAY!!! DAD U C USSR DIVISION OF WORK AUTHORITY & RESPONSIBILITY DISCIPLINE UNITY OF COMMAND CENTRALISATION & DECENTRALISATION UNITY OF DIRECTION SCALAR CHAIN OF COMMAND STABILITY OF TENURE REMUNERATION O I SEE ORDER INITIATIVE SUBORDINATION OF INTEREST TO GENERAL INTEREST EQUITY ESPIRIT DE CORPS
DIVISION OF WORK The principle suggests that total work should be sub divided into small parts. Each part of the work should be allocated as to who is the expert in that part of the work This leads to specialization Less wastage Reduces Risk
AUTHORITY & RESPONSIBILITY Authority means power to take decisions Responsibility means obligation to complete the assigned job on time. Authority & Responsibility go hand in hand Authority without responsibility results in an irresponsible behavior
DISCIPLINE Discipline is obedience, application, energy, behavior and respect shown by employees It is of 2 types Self imposed discipline: Comes from within the individual Command discipline: comes from authority, expressed through rules, regulations and customs
UNITY OF COMMAND Every employee should receive orders from one superior ( boss) It is applicable from top management to lower level management If he receives orders from more than 1 superior, it leads to confusion, misunderstandings and conflicts
CENTRALISATION & DECENTRALISATION Centralization means concentration of power and authority of an organization in one hand. Decentralization means concentration of power and authority of an organization in more than one hands / few hands. ABC Sports & Games Ltd. Co. Centralization Decentralization Manager Sporting Goods Manager Board Games Manager Computer Games Division managers report to President Sporting Goods Division Board Games Division Computer Games Division President retains direct control over each business unit

More Related Content

principles of managemet foe management studirs

  • 3. INTRODUCTION Management is the key to success in achievement of goals WHERE YOU ARE WHERE YOU WANT TO BE MANAGEMENT APRIL FEBRUARY BOARD EXAMS MANAGE YOUR STUDIES & TIME 80 90%
  • 4. 5M OF MANAGEMENT MAN METHODS MATERIAL MACHINERY MONEY
  • 5. MEANING & DEFINITION OF PRINCIPLES OF MANAGEMENT MEANING While achieving a goal of an individual or an organization, it is always important to use different systems or techniques Some of these techniques are accepted universally, hence they are called as Principles DEFINITION Principle is defined as Fundamental Truth or a proposition that serves as the foundation for a system of belief or behavior or for a chain of reasoning In simple words Techniques / Systems which give one directional result are called as Principles
  • 6. NATURE OF PRINCIPLES OF MANAGEMENT 1. UNIVERSAL APPLICATION UNIVERSAL IN NATURE CAN BE APPLIED TO ALL TYPES OF ORGANISATIONS IT IS APPLICABLE TO ALL LEVELS OF MANAGEMENT
  • 7. NATURE OF PRINCIPLES OF MANAGEMENT 2. GENERAL GUIDELINES PROVIDES GUIDELINES IN TACKLING THE ORGANIZATIONAL SITUATION & SOLVING THEY ARE NOT RIGID MANAGEMENT PRINCIPLES ARE APPLIED DEPENDING ON THE SIZE, SITUATION & NATURE OF THE ORGANIZATION 3. PRINCIPLES ARE FORMED BY PRACTISE & EXERCISE THE MANAGEMENT PRINCIPLES ARE DEVELOPED GRADUALLY THROUGH RESEARCH WORK SYSTEMATIC OBSERVATION EXPERIMENTS
  • 8. NATURE OF PRINCIPLES OF MANAGEMENT 4. FLEXIBILITY FLEXIBLE IN NATURE THEY CAN BE FORMED / MODIFIED ACCORDING TO THE SITUATIONS Eg. A situation arises between two groups of employees in an organization. Eg. There is a shortage of production due to machinery failure. 5. BEHAVIOURAL IN NATURE MANAGEMENT IS A GROUP ACTIVITY ORGANISATION GOALS ARE ACHIEVED THROUGH A GROUP OF HUMAN BEINGS THESE PRINCIPLES ARE DESIRED TO INFLUENCE HUMAN BEINGS POSITIVE WAY
  • 9. NATURE OF PRINCIPLES OF MANAGEMENT 6. CAUSE & EFFECT RELATIONSHIP PRINCIPLES OF MANAGEMENT ARE A BASE OF TAKING DECISIONS Eg. Payment of good wages and incentives helps in increasing the output of workers or making effective advertisements helps in sale of products. 5. ALL PRINCIPLES ARE OF EQUAL IMPORTANCE TO GET THE BEST RESULTS IN THE FORM OF ACHIEVEMENTS OF PRE DEFINED GOALS ALL PRINCIPLES SHOULD BE USED
  • 11. HENRY FAYOLS 14 PRINCIPLES OF MANAGEMENT July 29, 1841 - November 19, 1925 French mining engineer, mining executive Became a leading industrialist and a successful manager Rose to the position of the chief managing director Father of Modern Management He wrote a book entitled, General and Industrial Management He also laid down the 14 Principles of Management
  • 12. HENRY FAYOLS 14 PRINCIPLES OF MANAGEMENT LEARN IT THE EASY WAY!!! DAD U C USSR DIVISION OF WORK AUTHORITY & RESPONSIBILITY DISCIPLINE UNITY OF COMMAND CENTRALISATION & DECENTRALISATION UNITY OF DIRECTION SCALAR CHAIN OF COMMAND STABILITY OF TENURE REMUNERATION O I SEE ORDER INITIATIVE SUBORDINATION OF INTEREST TO GENERAL INTEREST EQUITY ESPIRIT DE CORPS
  • 13. DIVISION OF WORK The principle suggests that total work should be sub divided into small parts. Each part of the work should be allocated as to who is the expert in that part of the work This leads to specialization Less wastage Reduces Risk
  • 14. AUTHORITY & RESPONSIBILITY Authority means power to take decisions Responsibility means obligation to complete the assigned job on time. Authority & Responsibility go hand in hand Authority without responsibility results in an irresponsible behavior
  • 15. DISCIPLINE Discipline is obedience, application, energy, behavior and respect shown by employees It is of 2 types Self imposed discipline: Comes from within the individual Command discipline: comes from authority, expressed through rules, regulations and customs
  • 16. UNITY OF COMMAND Every employee should receive orders from one superior ( boss) It is applicable from top management to lower level management If he receives orders from more than 1 superior, it leads to confusion, misunderstandings and conflicts
  • 17. CENTRALISATION & DECENTRALISATION Centralization means concentration of power and authority of an organization in one hand. Decentralization means concentration of power and authority of an organization in more than one hands / few hands. ABC Sports & Games Ltd. Co. Centralization Decentralization Manager Sporting Goods Manager Board Games Manager Computer Games Division managers report to President Sporting Goods Division Board Games Division Computer Games Division President retains direct control over each business unit