Semester- 5^th

Branch- AUTOMOBILE ENGG

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Presentation on

“ Management Principles”

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By :- ER. D MOHANTY

Chapter 1: Management and Organizations

Learning outcomes:

• Define that nature of management and organizations
• State management’s importance, history, environment.
• Underline management’s functions

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What is Management?

• Management: The planning, organizing, leading and controlling of human and other resources to achieve organizational goals efficiently and effectively.

Definition of Managers

• Manager
• Someone who coordinates and oversees the work of other people so that organizational goals can be accomplished.

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Levels of Management

First Line managers

• Term describing the management level of a company employee directly above non-managerial workers. First line managers generally supervise production on line tasks in the manufacturing business, and typically consist of positions such as section head and shift boss. First line managers are an important source of information about worker satisfaction for higher management to take into account in their organizational planning process.��

Middle Manager

• An employee of an organization or business who manages at least one subordinate level of managers, and reports to a higher level of managers within the organization. The duties of a middle manager typically include carrying out the strategic directives of upper-level managers at the operational level, supervising subordinate managers and employees to ensure smooth functioning of the enterprise.

Top Manager

• The highest ranking executives (with titles such as chairman/chairwoman, chief executive officer, managing director, president, executive directors, executive vice-presidents, etc.) responsible for the entire enterprise.
• Top management translates the policy (formulated by the board-of-directors) into goals, objectives, and strategies, and projects a shared-vision of the future. It makes decisions that affect everyone in the organization, and is held entirely responsible for the success or failure of the enterprise.

A Manager’s Personal Qualities:

• Ambition, energy, great commitment, self-motivation
• Job, product and service knowledge
• Drive and Enthusiasm
• Creativity and Imagination
• A thirst for knowledge
• A commitment to improvement

A Manager’s Goal

• A manager’s goal is to achieve high performance in an organization through efficiency and effectiveness.
• Efficiency: A measure of how well or how productively resources are used to achieve a goal.
• Effectiveness: A measure of the appropriateness of the goals an organization is pursuing and of the degree to which the organization achieves those goals.

Organizations

Where Managers work!

Definition : Collections of people who work together and coordinate their actions to achieve a wide variety of goals, or desired future outcomes.

Management Functions

• Management Functions
• Planning
• Organizing
• Controling
• Leading

Management Functions

• Planning: Identifying and selecting appropriate goals. The outcome of planning is strategy, meaning a cluster of decisions about what goals to pursue, what actions to take, and how to use resources to achieve goals.

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Management Functions

• Organizing: Structuring working relationships in a way that allows organizational members to work together to achieve organizational goals. The outcome of organizing is the creation of organizational structure, meaning a formal system of task and reporting relationships that coordinates and motivates organizational members so that they work together to achieve organizational goals.

Management Functions

• Leading: Articulating a clear vision and energizing and enabling organizational members so that they understand the part they play in achieving organizational goals.

Management Functions

• Controlling: Evaluating how well an organization is achieving its goals and taking action to maintain or improve performance. The outcome of the control process is the ability to measure performance accurately and regulate organizational efficiency and effectiveness.