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Management
1.
By AlexPoplavskiy
2. What is management?
WHAT IS MANAGEMENT?Management is a universal phenomenon.
• Management is an art of getting things done
through and with the people in formally
organized groups. It is an art of creating an
environment in which people can perform and
individuals and can co-operate towards
attainment of group goals.
3.
• According to F.W. Taylor, “Management is an art ofknowing what to do, when to do and see that it is
done in the best and cheapest way”.
4.
Management is an individual or a group ofindividuals that accept responsibilities to run
an organization. They plan, organize, direct
and control all the essential activities of the
organization.
Management does not do the work themselves.
They motivate others to do the work and coordinate (i.e. bring together) all the work for
achieving the objectives of the organization.
5.
o Management brings together all Six Msi.e. Men and Women, Money, Machines,
Materials, Methods and Markets.
o They use these resources for achieving
the objectives of the organization such
as high sales, maximum profits, business
expansion
6. managers
MANAGERSPersons who manage the organization are
managers. Managers are required in all the
activities of organizations: budgeting, designing,
selling, creating, financing, accounting, and
artistic presentation.
7. features of management
FEATURES OF MANAGEMENTcontinuous and never
ending process,
getting things done through people,
result oriented science and art,
multidisciplinary in nature,
a group and not an individual activity,
follows established principles or rules and
others.
8.
Functions ofmanagement
Planning
Controlling
Organizing
Coordinating
Commanding
9.
• Planning: Deciding what needs to happen in the futureand generating plans for action(deciding in advance)
• Organizing: Making sure the human and nonhuman
resources are put into place
• Coordinating: Creating a structure through which an
organization's goals can be accomplished.
• Commanding: Determining what must be done in a
situation and getting people to do it
• Controlling: Checking progress against plans
10. Levels of Management
LEVELS OF MANAGEMENTMost organizations have three management levels: first-level,
middle-level, and top-level managers:
Top-level management. The top consists of the board of
directors (including non-executive directors and executive
directors), president, vice-president, CEOs and other members
of the C-level executives.
Middle-level management. Consist of general managers, branch
managers and department managers.
First-level management. Consist of supervisors, section
leaders, foremen, etc. They focus on controlling and directing.
11. The 3 Basic Types of Management Styles
THE 3 BASIC TYPES OF MANAGEMENT STYLES12. Democratic
DEMOCRATICA democratic leader looks for consensus from his or
her team, or at the very least is open to their
opinions. A democratic leader also tries to be open
and approachable. It can also lead to a quagmire
when it’s overdone, but generally this seems to be
the most effective management style.
Characteristics:
-collaborative decision-maker
-emphasis is on 'we'
-constructive criticism
13. Authoritarian
AUTHORITARIANAlso called "Autocratic" management, this style of leadership
may not be the most pleasant for underlings, but it can be
very effective (think of Steve Jobs). The authoritarian
leader sets a high bar and expects results. This is perhaps a
necessary form a leadership in a crisis, but in other
situations it can lead to disaffected workers and burnout.
Characteristics:
-leadership through order, demands, threats and
punishment
-emphasis is on 'you' and 'I'
-punitive criticism
14. Laissez-faire
LAISSEZ-FAIREAlso called delegative, a laissez-faire leader doesn’t hover.
They let their people get on with it. The better laissezfaire leaders will check in with their employees and
provide guidance. You never see the bad ones. While this
can work out well if employees are self-motivated, it
tends to be the least productive management style.
Characteristics:
-members have the responsibilities for all objectives
-emphasis is on the group and on delegative tasks
-no criticism
15. Different types of Management Styles
DIFFERENT TYPES OF MANAGEMENT STYLESThere are also some different types of
management styles, and the management
process has changed over recent years.
The addition of work teams and servant
leadership has changed what is expected
from managers, and what managers
expect from their employees.
16. Traditional Management
TRADITIONAL MANAGEMENTThere is a hierarchy of employees, low level
management, mid-level management, and
senior management. In traditional
management systems, the manager sets
out expectations for the employees who
need to meet goals, but the manager
receives the reward of meeting those
goals.
17. Team Management
TEAM MANAGEMENTIn a team management arrangement
the manager is a guiding hand to
help the members of the team work
together to solve problems but
doesn't dictate policy and the
entire team receives the reward of
meeting those goals.
18. Servant Management
SERVANT MANAGEMENTWith this approach, the manager helps
supply resources the employees need
to meet company goals. In servant
leadership, the organization
recognizes employees as experts in
their field and work to help them
work efficiently.
19.
No matter which type of managementstyle is used by an organization,
the main objective of managers is
to help employees reach company
goals and maintain company
standards and policies.