PRESENTATION ONMANAGEMENT

ManagementMeaning of management

management is the art of getting things done by a group of people with the effective utilization of available resources An individual cannot be treated as a managing body running any organization. A minimum of two person are essential to form a management. These person perform the functions in order to achieve the objectives of an organization.

DEFINATION ACCORDING TO HENRI FAYOL

· According to Henri Fayol, "to manage is to forecast and to plan, to organise, to command, to co-ordinate and to control."

DEFINATION ACCORDING TO FREDMUND MALIK

· Fredmund Malik defines it as "the transformation of resources into utility." · Management included as one of the factors of production - along with machines, materials and money

Functions of managementPlanning

organizing

Staffingdirecting

Co-coordinatin

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Planning planning is the first functions of

management . Nothing can be performed without planning .

2 types of planning 1. short, run planning 2. long run planning

Short run planning is for 1 to6 months.Long run planning is for more than 1 year.

Organising

organising is the distribution of work in groupwise or sectionwise for effective. Organisation provides all facilities which are necesssary to perform the work the business developed the organisation take a responsibility to create some more departement …..

staffing staffing function comprises the activities

of selection and placement of competent personnel. In other words , staffing refers to placement of right persons in the right jobs. staffing includes selection of right persons , training to those needy persons , promotion of best persons , retirement of old persons , performance appraisal of all the personnel, and adequate remuneration of personnel . The success of any enterprise depends upon the successful performance of staffing function.

DIRECTING

The actual performance of a work starts with the function of direction. Planning , organising and staffing function are concerned with the preliminary work for the achievement of organizational objectives. But the direction deals with making the workers learn techniques to perform the job assigned to them. Direction includes guidance supervision and motivation of employees .

According to joseph massie “ directing concerns the total manners in which a managers influences the action of his sub ordinates. It is the final action of a manager in getting other to act after all preparation have been completed “

Co-ordinating all the activities are divided group wise or

under organising function now such group activities are co-ordinated toward accomplishment of objectives of an organisation the difficultie of co ordination is increase with the incresing of the size of of the organisation according to knootz and odonnell “the last co-ordination occurs when individuals see how their jobs contributes to the dominat goals of the enterprice . This implies knowledge and understanding of enterprise objectives .”

IMPORTANCE OF MANAGEMENT Management meet the challenge of change

Accomplishment of group goals

Effective utilization of business

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