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What is Management?. The organization and coordination of the activities of a business in order to achieve defined objectives. Management is often included.

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Presentation on theme: "What is Management?. The organization and coordination of the activities of a business in order to achieve defined objectives. Management is often included."— Presentation transcript:

1 What is Management?

2 The organization and coordination of the activities of a business in order to achieve defined objectives. Management is often included as a factor of production along with‚ machines, materials, and money.

3 So, really… What is management? Classic definition: Getting things done through people. This assumes you are managing people. How about one person overseeing an automated production line. There are no people to manage. Machines, proses, time…

4 Managing: At work At home In your family In your social life

5 Operations Management Operations are the activity of producing something having exchange value. The “something” being produced may be a good or a service. Most companies produce both services and goods.

6 Operations Management At work Financial management Resource management Money People Time Management At home Financial management Resource management Money People Time management

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8 Project Management

9 Time Management Programming Unexpected events Plan «B» Using the spare time

10 Crises Management Wedding Ceremony Bride & Mother – in – Low Bride & Sister – in – Low

11 Risk Management

12 What is Management? Management is the process of coordinating people and other resources to achieve the goals of the organization.

13 WHAT IS MANAGEMENT?

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