Principle of Management

Topics to be discussed in Week 1

Principle of Management
Who is manager? Organizational Level What is management? Functions of management

Principle of Management

The management of the organization is being controlled by the manager of the organization so before we come to the topic what is management and what are its functions let us first define generally who are managers? and what are the three different levels of the manager.

Who is Manager?
Manager is the member of the organization, who told others what to do and how to do it, in order to achieve the organization goal or objective

The management of a large organization may have three levels

 Top-Level Management  Middle Management  Lower Management

TopTop-Level Management
The top-level management include managing director, chairman of the board, president of the organization, chief executive officer etc They are responsible for making organization wide decision and establishing the plans and goals that effect the entire organization Their decisions are generally of a long-term nature They have to be aware of external factors such as markets

MiddleMiddle-Level Management

These individuals have titles such as project leader, division manager, etc They are responsible for carrying out the decisions made by the top-level management

Lower Management
They are also called supervisors They make sure that the decisions and plans taken or made by the others two (i.e. top level managers and middle managers) are carried out Their decisions are generally for short term

What is Management?

It is simply the act of getting people together to accomplish desired goals and objectives. Management consist of six functions: Planning, Organizing, staffing, leading or directing and controlling

Planning
It involves defining goals, establishing strategies to achieve those goals, and developing plans to integrate and coordinate activities

Organizing

It involves determining what task are to be done, who is to do them, hoe the tasks are to be grouped. Who reports to whom, and where decisions are to be made

Staffing

Recruitment, and hiring individuals for appropriate job

Leading
It involves motivating subordinates, influencing individuals or teams as they work, selecting the most effective communication channels, or dealing in any way with employee behavior

Controlling

Checking progress against plans, which may need modification based on feedback.

End of the Lecture

Thank you