Orgman 1

• “Management is a multi-purpose organ

  that manages business and manages

  managers and manages workers and

  work.” -Peter Drucker (Father of Management)
• “Management is to forecast, to plan, to

  organize, to command, to coordinate

  and control activities of others.” -Henri Fayol (Father of Modern Management)
• “Management is the art of knowing what

  you want to do and then seeing that they

  do it in the best and cheaper manner.” -Frederick W. Taylor (Father of Scientific Management)
• “Management is the art of getting

  things done through people.” -Mary Parker Follett

  (Follett's Organizational Theory)
• CONCEPT OF MANAGEMENT Management is the attainment of organizational goals in an effective and efficient manner through planning, organizing, staffing, directing and controlling organizational resources.
• Characteristics and Nature of Management - goal oriented, universal and continuous process
• What is organization?

  Organization is a group of people bonded together with common goals and objectives. Typically, it is formed due to the reason of human

  satisfaction and security.
• Characteristics of Organization?

  Coordination,Common Goal,Division of Labor and Command Level.
• Pre-scientific Management

  Period (before 1880) The period of 1700 to 1800 emphasizes the industrial revolution and

  the factory system highlights the industrial revolution and the importance of direction as a managerial purpose.
• Classical TheoryThe classical approach is the earliest thought of

  management .The classical approach was associated with

  the ways to manage work and organizations more efficiently.

  It is known as scientific management.
• Classical Theory The classical approach is the earliest thought of

  management .The classical approach was associated with the ways to manage work and organizations more efficiently. It is known as scientific management.
• F.W. Taylor and Henry Fayol - the founders of scientific management and administrative management.
• Features of Management in the Classical Period: - It was closely associated with the Industrial Revolution and the rise of large-scale enterprise.
• Features of Management in the Classical Period: - It attempts to find methods that increase the output of workers.
• Features of Management in the Classical Period: - It stresses on formal structure of jobs and work schedules to satisfy individual and organizational needs.
• 
  

  Neo-classical Theory is built on the base of classical theory. Classical theory concentrated on job content and management of physical resources whereas, neoclassical theory gave greater emphasis to individual and group

  relationship in the workplace.
• Modern theory considers an organization as an adaptive system which has to adjust to changes in its environment.