itft process of management

25
PROCESS OF MANAGEMENT

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management process, scope of management

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Page 1: ITFT Process of management

PROCESS OF

MANAGEMENT

Page 2: ITFT Process of management

Management

• Management refers to the tasks and activities involved in directing an organization or one of its units: planning, organizing, leading, and controlling.

• The process of reaching organizational goals by working with and through people and other organizational resources.

Page 3: ITFT Process of management

PROCESS OF MANAGEMENT

Planning

Organizing

StaffingDirecting

Controlling

Page 4: ITFT Process of management

Planning involves

tasks that must be

performed to attain

organizational goals,

outlining how the

tasks must be

performed, and

indicating when they

should be performed.

Page 5: ITFT Process of management

Planning

Determining organizational goals and

means to reach them

Managers plan for three reasons

1. Establish an overall direction for the

organization’s future

2. Identify and commit resources to achieving

goals

3. Decide which tasks must be done to reach those

goals

Page 6: ITFT Process of management

Organizing means assigning the planned

tasks to various individuals or groups within

the organization and cresting a mechanism

to put plans into action.

Page 7: ITFT Process of management

Organizing

Process of deciding where decisions will be

made, who will perform what jobs and

tasks, and who will report to whom in the

company

Includes creating departments and job

descriptions

Marketing Manager Finance Manager HR Manager

CEO

Page 8: ITFT Process of management

Staffing is the process of acquiring,deploying, and retaining a workforce ofsufficient quantity and quality to createpositive impacts on the organization’seffectiveness.

STAFFING

Page 9: ITFT Process of management

Definition of staffing :

According to Theo Haimann, “Staffing pertains to recruitment, selection, development and compensation of subordinates.”

According to Harold Koontz, staffing is defined as follows:

“Staffing means filling and keeping filled, positions in the organization structure.”

Page 10: ITFT Process of management

Directing means guiding the activities of the

organization members in appropriate

directions. Objective is to improve

productivity.

Page 11: ITFT Process of management

Directing

Getting others to perform

the necessary tasks by

motivating them to achieve

the organization’s goals

Crucial element in all

functions

Directing helps to LEAD,

MOTIVATE, IMPROVE

COORDINATION

Page 12: ITFT Process of management

1. Gather information that measures recent

performance

2. Compare present performance to pre-established

standards

3. Determine modifications to meet pre-established

standards

Page 13: ITFT Process of management

Controlling

Process by which a

person, group, or

organization

consciously monitors

performance and

takes corrective action

Page 14: ITFT Process of management

Significance of Management • Encourage Initiative

• Encourages Innovation

Page 15: ITFT Process of management

•Facilitates Growth and Expansion

• Improves standard of Living

Page 16: ITFT Process of management

•Improves Corporate Image

• Motivates Employee

Page 17: ITFT Process of management

•Optimum Use of Resources

• Reduce Wastage

Page 18: ITFT Process of management

•Increases Efficiency

• Improves Relations

Page 19: ITFT Process of management

•Reduce Absenteeism and Labor Turnover

• Encourage Team Work

Page 20: ITFT Process of management

Management: Art or science?

• Every discipline of arts is always backed by science which is basic Knowledge of that arts

• Every discipline of science is complete only when it is used in practice for solving various kinds of problem

• Both are interlinked with each other

Page 21: ITFT Process of management

Management as a Profession • Profession is a body of specialized

knowledge.

• It can be learned through formal education system.

• emphasizes on having a central body to formulate a code of behavior

Page 22: ITFT Process of management

Managerial Skills

• Conceptual Skill

• Decision Making Skill

• Technical Skill

• Human Skill

Page 23: ITFT Process of management

Role of Manager

• Interpersonal Role

Figurehead

Leader

Liaison

• Informational Role

Monitor

Disseminator

Spokesperson

Page 24: ITFT Process of management

• Decisional Role

Entrepreneur

Disturbance Handler

Resource Allocator

Negotiator

Page 25: ITFT Process of management

MAJOR CLASSIFICATION OF MANAGEMENT APPROACHES

CLASSICAL

APPROACH

SCIENTIFIC

MANAGEMEN

T

BUREAUCRA

TIC

MANAGEMEN

T

ADMINISTRA

TIVE

MANAGEMEN

T

BEHAVIORAL

APPROACH

HAWTHORNE

STUDIES

MASLOW’S

NEED

HIERARCHY

THEORY X

AND THEORY

Y

QUANTITATI

VE

APPROACH

MANAGEMEN

T SCIENCE

OPERATIONS

MANAGEMEN

T

MANAGEMEN

T

INFORMATIO

N SYSTEM

MODERN

APPROACH

THE

SYSTEMS

THEORY

CONTINGENC

Y THEORY

EMERGING

APPROACHE

S