POM FULL Notes
principles of management (Dr.N.G.P. Institute of Technology)
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GE3751 PRINCIPLES OF MANAGEMENT
OBJECTIVES:
To enable the students,
To study the evolution of Management,
To study the functions and principles of management and
To learn the application of the principles in an organization.
UNIT I INTRODUCTION TO MANAGEMENT AND ORGANIZATIONS
Definition of Management – Science or Art – Manager Vs Entrepreneur -
types of managers managerial roles and skills – Evolution of Management –
Scientific, human relations , system and contingency approaches – Types of
Business organization - Sole proprietorship, partnership, company-public and
private sector enterprises - Organization culture and Environment – Current
trends and issues in Management.
UNIT II PLANNING
Nature and purpose of planning – planning process – types of planning –
objectives – setting objectives – policies – Planning premises – Strategic
Management – Planning Tools and Techniques – Decision making steps and
process.
UNIT III ORGANISING
Nature and purpose – Formal and informal organization – organization
chart – organization structure – types – Line and staff authority –
departmentalization – delegation of authority – centralization and
decentralization – Job Design - Human Resource Management – HR Planning,
Recruitment, selection, Training and Development, Performance Management ,
Career planning and management.
UNIT IV DIRECTING
Foundations of individual and group behaviour – motivation – motivation
theories – motivational techniques – job satisfaction – job enrichment –
leadership – types and theories of leadership – communication – process of
communication – barrier in communication – effective communication –
communication and IT.
UNIT V CONTROLLING
System and process of controlling – budgetary and non-budgetary control
techniques – use of computers and IT in Management control – Productivity
problems and management – control and performance – direct and preventive control
– reporting.
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PRINCIPLES OF MANAGEMENT
WHOM????- Those who are leading a group of people (Team work).
• Manager
• Supervisor
• Engineer
• Entrepreneur
• Politician
• Team leader
• Prime Minister
• Chief Minister., etc
WHY????- Team work:
A bond which promotes strength, unity, reliability and support.
To improve the effectiveness of the resources,
To satisfy their social needs,
To interact with each other’s ideas and Share common beliefs.
WHAT ????
What is Management?
Management is the process of planning, Organizing, Directing,
Staffing and controlling the various activities of the people to achieve the
objectives of an organization.
What is an organization?
An organization is a group of people working together to create surplus.
What is Principles of Management?
Principles of Management are the essential, underlying factors that form
the foundations of successful management.
UNIT - I OVERVIEW OF MANAGEMENT
Definition of Management – Science or Art – Manager Vs Entrepreneur - types of
managers - managerial roles and skills – Evolution of Management – Scientific,
human relations , system and contingency approaches – Types of Business
organization - Sole proprietorship, partnership, company-public and private
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sector enterprises - Organization culture and Environment – Current trends and
issues in Management.
1.1. DEFINITION OF MANAGEMENT:
Management is the process of giving direction and controlling the various
activities of the people to achieve the objectives of an organization.
According to Knootz and Weihrich “Management is the process of designing
and maintaining of an environment in which individuals working together in
groups efficiently accomplish selected aims”.
1.2. NATURE OF MANAGEMENT:
Managers carry out their managerial function.
Applies to any kind of Organisation.
Applies to managers at all Organisational levels.
Aim is to create a surplus.
Concerned with productivity, implies effectiveness and efficiency.
Management of 4 M’s in the Orgn– Men, Machine, Materials & money.
1.4. CHARACTERISTICS OF MANAGEMENT :
Management is Universal.
Management is dynamic.
Management is a group of managers.
Management is Purposeful.
Management is goal oriented.
Management is integrative Function.
Management is a Social process.
Management is a Multi-faceted discipline.
Management is a continuous process. Management is a system of authority.
Management is intangible.
Management is profession, an art as well as a science
1.5. FUNCTIONS OF MANAGEMENT:
1. Planning-What to do, when to do & how to do.
2. Organizing -Identification and grouping the activities to be performed.
3. Staffing- Recruiting,Training & development.
4. Directing- • Supervision •Motivation • Communication
5. Controlling-Checking and verifying the activities.
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