1. M.S college of arts, science, commerce and bms
INTRODUCTION TO MANAGEMENT

2. INTRODUCTION Concept and Nature of Management
Harold Koontz : “Management is the art of getting things done through and with people in formally organized groups.”
Nature / Characteristics of Management
Process - Planning , Organizing , Directing ,controlling .
All Pervasive - Business Organization, Educational institutions, charitable trusts.
Result oriented -Reduction in wastages, motivated workforce, and enhanced efficiency.
Professional approach - delegate authority, invite suggestions encourage initiative.
Established principles - unity of command discipline, division of work.
Multidisciplinary – Management science, psychology, philosophy, economics.
Dynamic in nature – new and creative ideas, cost – effective, better product.

3. Managerial Skill and Competencies
Conceptual skill - top level management
Conceptual skill enables managers to visualize analyze and understand various aspects of problems
Human skill - All level management
Human skill enable interact with people within and outside the organization
Technical skill - lower level management
Technical skill helps to deal with day to day operations ansd activities
Design skill
Administrative skill
Decision making skill
Communication skill
Leadership skill
Persuading and negotiating skill

4. FUNCTIONS OF MANAGEMENT
Planning- Objectives, policies, procedures and methods
Organizing - Work division, work assignment, and authority utilization
Staffing – performance appraisal ,tanning and development
Decision making – indentified and selecting action to solve problem
Directing – leading communication motivating
Co-ordinating –actual activity conform to plan activity
Reporting & Budgeting - Report to top level management

5. Scientific Management Theory - F.W.Taylor
Frederick Winslow Taylor the pioneer of SMT advocated a scientific study of task to increase productivity
PRINCIPLES OF SCIENTIFIC MANAGEMENT THEORY
Development of true science of management
Scientific selection of workers
Scientific training and development if workers
Close cooperation between management and workers
Maximum output in place of restricted output
Division of work
TECHNIQUE OF / ELEMENTS OF MANAGEMENT
Performance standards
Differential piece rate system
Functional foremanship
Mental revolution
Time study
Fatigue and motion study

6. FAYOL’S PRINCIPLES OF MANAGEMENT
Authority and responsibility
Discipline
Unity of command
Unity of direction
Subordination of interest
Remuneration
Centralization
Scalar chain
Order
Equity
Stability of tenure
Initiative
Esprit de corps

7. Neo classical theory (Human relations movement)
HUMAN RELATION APPROACH
Human relation approach is management can manage people in organization effectively and get the work done from them efficiently by fulfilling their social and psychological needs.
PHILOSOPHY OF HUMAN RELATION APPROACH:
Recognition and appreciation
Feelings and emotions
Informal relations
Job security and job satisfaction
Communication
Conflicts and misunderstandings
Freedom from strict supervision
Participate in decision -making

8. ELTON MAYO’S HAWTHORNE EXPERIMENTS
PARTS OF HAWTHORNE EXPERIMENTS:
Part – I – Illumination experiment ( )
National research council made a study in collaboration with western electric to determine the effect of different levels of illumination on productivity of labour.
Part – II– Relay Assembly test (Room experiments )
Part –III – mass interviewing program( )
Part-IV – Bank wiring observation (Room experiment)
CONCLUSIONS OF THE HAWTHORNE EXPERIMENT:
Social and psychological factors
Informal and interpersonal relations
Freedom to participate in decision – making
Employee- welfare
Respect and dignity
Effective communication

9. Peter Ducker’s Dimensions of Management
Management is the organ of the organization, through which it operates to fulfill the specific social purpose and to satisfy specific need of the society, community or a group.
PETER DUCKER’S FIVE DIMENSIONS OF MANAGEMENT :
Purpose and mission
Productive work and worker achievement
Social impacts and social responsibility
Time dimension
Administration and entrepreneurship

10. Significance of Indian Ethos to Management
Ethics in functional areas
Professionalism
Respect
Equity
Team spirit
Authority and Responsibility
Discipline
Loyalt
Attitude
Humanity
Passion
Law of giving and receiving
Law of dharma Law of karma