DEVELOPMENT OF MANAGEMENT

SKILLS FOR WOMEN.UNDER THE GUIDANCE OF – GANESHA.K.S SIR.

PRESENTED BY –

ANAMIKA NEHAL

SWATHI DEEPIKA

DEFINITION OF MANAGEMENT.According to Peter F Drucker.

“Management is a multi-purpose organ that manages business and manages managers and manages workers and work”.

According to Mary Parker Follet.

"Management is the art of getting things done through people."

DEFINITION OF SKILLS.An ability and capacity acquired through deliberate, systematic, and sustained effort to smoothly and adaptively carryout complex activities or job functions involving ideas (cognitive skills), things (technical skills), and/or people (interpersonal skills).

MEANING OF MANAGEMENT SKILLS.• Management skills means having the capacity to run a business.

• It's being able to make the right choices while managing the overall performance of the company.

• It means being able to communicate and deliver results by providing employees with a strong business plan to meet the aim for the company. management skills are required to manage the business and include overseeing workplace issues, employees, teamwork and team development and communication.

• It also means giving employees their duties and monitoring their performance, while at the same time reaching the business objective.

MANAGEMENT SKILLS EXAMPLE .

Sara has been a manager for five years. She ensures her employees are in the right position at the get-go, during the interview process. She coaches her employees on how to sell and market the company products. This is a valuable management skill she has learned and mastered over the years. She also makes certain that she knows her customers, finds out what their needs are and educates them on the products and services. Sara also makes sure each member of her team is doing his or her job, and she makes sure she clearly communicates her instructions.

MANAGEMENT SKILLS.There can be many skills a management or a manager should posses to effectively and efficiently run an organization.

• Time management

• Self confidence

• Knowledge

• Effective communication

• Result oriented

• Persistence

• Self motivation

• Proactive

• Empathy

• Goal setting

IMPORTANCE OF MANAGEMENT SKILLS.• It helps in achieving group goals

• Optimum utilization of resources reduces costs

• Establishes sound organization

• Establishes equilibrium

• Essentials for prosperity of society

DEVELOPING MANAGEMENT SKILLS FOR WOMEN.

• Use the personal approach.

• Learn to criticize without being critical.

• Be open and available to perform tasks.

• Encourage women to improve themselves.

• Give women something to work toward.

CHALLENGES FACED BY WOMEN DURING MANAGING THE BUSINESS

1. Defying social expectations

2. Limited access to funding

3. Owning your accomplishments

4. Building a support network

5. Balancing business and family life

6. Coping with a fear of failure

FEW WOMENS’ WHO MANAGED THEIR ORGANIZATION WELL :

Chanda kochar Managing director Icici bank

Kiran mazumdar shaw.MD & FounderBiocon

naina lal kidwaiGM & Country headHSBC.

STRENGTHS OF WOMEN.1. Ability to network with colleagues 2. Ability to perceive and understand situations 3. Strong dedication, loyalty and commitment to the organization4. Collaborative work style5. Solicit input from others, 6. Respect for ideas7. Crisis management skills and gender-equality in behavior 8. Willingness to share information (interactive leadership style) 9. Sensitivity in relationships, compassionate, empathetic, understanding

MANAGEMENT CARRIED ON BY WOMEN.

PERCENTAGE OF WOMEN WORKING IN SENIOR MANAGEMENT ROLES