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Management- An Ultimate Guide

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Management- An Ultimate Guide

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  1. MANAGEMENT- AN ULTIMATE GUIDE

  2. DEFINITION- MANAGEMENT • The process of designing and maintaining an environment in which individuals working together in any organisation. • The process of getting things done with the individuals in the organisation. • Management is the study of science and art.

  3. THE PROCESS OF MANAGEMENT • Planning defines the goal of the management strategy. • Organising the task as per the schedule is the important step of management. • Staffing includes the recruitment of the people towards the project. • Leading includes the motivation of the employees that directs the activities. • Controlling is the process of monitoring performance.

  4. WHAT ARE THE MANAGERIAL SKILLS? • Conceptual skills include the requirement of top-level management. • Technical skills are required by the employee in middle-level management. • Human relation skills required by the employees that come under the supervisory level.

  5. WHAT ARE THE GENERAL PRINCIPLES OF MANAGEMENT? • Division of work: Applies principles to all kinds of work. • Authority and responsibility: Combination of official factors that derive from the manager’s position. • Discipline declares the energy of the agreements. • Unity of command: employees can receive orders from superiors’. • Unity of direction: They have the same goals with the same plan. • Centralisation: refers to the authority to determine the degree of the goal. • Equity: Combination of kindness and justice to deal with the subordinates. • Stability of tenure: Finding turnover to both cause and effect of the management. • Order: Follows the material and the social order of the organisation.

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