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Management Techniques

Management techniques are not short-term devise used to motivate employees, but rather valid methods of managing that help to develop a productive working.

Ninojosephmihilli
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Management Techniques

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  1. Modern Management Techniques

  2. Plan of Presentation • Introduction to • Management • Management techniques • Characteristics of management techniques • Classification of management techniques • Network Analysis • PERT • CPM • Management by Objectives • Total Quality Management • Summary • Conclusion

  3. Introduction • What is Management? • To co-ordinate the efforts of people • to accomplish goals • objectives • using available resources • efficiently and effectively • Transforming resources to utility.

  4. Co-ordinating Organizing Planning Commanding Forecasting Controlling

  5. Management Techniques • Definition : • Systematic and analytical methods used to assist in decision-making, the improvement of efficiency and effectiveness and in particular, the conduct of the two key managerial activities of planning and control

  6. Characteristics of management techniques: • Systematic : • Consist of specified and often sequential methods of tackling a problem, providing information for decision making or improving operational efficiency. • Ensure that each step is carried out in prescribed manner.

  7. Analytical • Techniques have been developed by considering what and possibly quantitative methods are required to deal with every aspect of a situation and achieve an end result. • They subject complex situations to close and systematic examination and resolve them into their key elements.

  8. Quantitative • Management techniques measure in numerical or financial terms what is happening and quantify forecasts of future trends. • Management techniques place monetary values on performance reports, forecasts, plans.

  9. Applications of management techniques. • General management • Marketing management • Operations management • Financial management • Human resource management • Information technology • Management science • Planning and resource allocation • Efficiency and effectiveness

  10. Traditional methods of management are primarily based on behavioural sciences. • Personnel selection • Training and retraining • Motivational methods • Development of communication channels and skills • Supervision • Leadership development • Team building and conflict resolution

  11. The conventional methods of management are no longer adequate to meet the demand of today’s projects • With larger and complicated organisations with their own unique organisational and structural issues a need has been felt for better, more effective and innovative managerial methods

  12. Thank you

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