L4

Cards (25)

  • MANAGEMENT CONCEPTS
    1. Planning
    2. Organizing
    3. Staffing
    4. Directing
    5. Controlling
  • MANAGEMENT CONCEPTS: PLANNING
    • Defining perf goals for the org
    • Determining what actions & resources are needed to achieve goals
  • MANAGEMENT CONCEPTS: ORGANIZING
    • Deciding how the org will be structured by:
    • Departments
    • Matrix Teams
    • Job Responsibilities
  • MANAGEMENT CONCEPTS: STAFFING
    • Manning the organization structure and keeping it manned.
    • Greater importance in the recent years due to:
    • Advancement of Tech
    • Increase in size of Business
    • Complexity in human behavior
  • MANAGEMENT CONCEPTS: DIRECTING
    • Part of managerial function
    • Actuates the org methods to work efficiently for achievement of org purposes.
    • Life-Spark of the enterprise which sets it in motion the action of people
    • Because planning, organizing & staffing are the mere preparations for doing the work.
    • Inert-personnel aspect of management which deals directly with influencing, guiding, supervising, motivating sub-ordinate for the achievement of organizational goals.
  • Elements of Direction
    Supervision
    Motivation
    Leadership
    Communications
  • Elements of Direction: Supervision
    • Overseeing the work of subordinates by their superiors
    • Act of watching & directing work & workers.
  • Elements of Direction: Motivation
    • Inspiring, stimulating or encouraging the sub-ordinates with zeal to work.
    • Positive, negative, monetary, non-monetary incentives may be used for this purpose.
  • Elements of Direction: Leadership
    • A process by which manager guides & influences the work of subordinates in desired direction.
  • Elements of Direction: Communications
    • Process of passing information, experience, opinion etc from one person to another. It is a bridge of understanding
  • MANAGEMENT CONCEPTS: CONTROLLING
    • Ensures that everything occurs in conformities with the standards
    • Measurement of accomplishment against the standards & correction of deviation if any to ensure achievement of org goals
  • LEVELS OF MANAGEMENT
    • Line of demarcation between various managerial positions in an org
    • Number of levels in management increases when the size of the business and work force increases and vice versa.
    • It determines a chain of command, the amount of authority & status enjoyed by any managerial position.
  • Levels of Management
    Top Level of Management
    Middle level of Management
    Lower Level of Management
  • LEVELS OF MANAGEMENT: TOP LEVEL OF MANAGEMENT
    • Ultimate source of authority
    • Manages goals & policies for an enterprise
    • Devotes more time on planning & coordinating functions
  • LEVELS OF MANAGEMENT: TOP LEVEL OF MANAGEMENT
    • Consists of:
    • Board of Directors
    • Chief Executive/Managing Director
  • LEVELS OF MANAGEMENT: TOP LEVEL OF MANAGEMENT
    Roles:
    • Lays down the objectives & broad policies of the enterprise.
    • It issues necessary instructions for preparation of department budgets, procedures, schedules etc.
    • It prepares strategic plans & policies for the enterprise.
    • It appoints the executive for middle level i.e. departmental managers.
    • It controls & coordinates the acts of all the depts.
  • LEVELS OF MANAGEMENT: MIDDLE LEVEL OF MANAGEMENT
    • Responsible to the top mgmt for the functioning of their dept
    • Devote more time to org and directional functions.
  • MIDDLE LEVEL OF MANAGEMENT: In Small Organizations
    • Only one later of middle mgmt
  • MIDDLE LEVEL OF MANAGEMENT: In Big Enterprises
    • There may be senior/junior middle level mgmt
    • Consists of:
    • Branch Managers
    • Departmental Managers
  • LEVELS OF MANAGEMENT: MIDDLE LEVEL OF MANAGEMENT
  • LEVELS OF MANAGEMENT: MIDDLE LEVEL OF MANAGEMENT
    Roles:
    • They execute the org’s plans by the policies & directives of the top mgmt.
    • They make plans for the sub-units of the org.
    • They participate in the employment & training of lower-level mgmt.
    • They interpret and explain policies from top-level mgmt to lower level.
    • They are responsible for coordinating the activities within the division or dept.
  • LEVELS OF MANAGEMENT: LOWER LEVEL OF MANAGEMENT
    • Also known as supervisory / operative level of mgmt.
    • They are concerned with direction and controlling function of management.
  • LEVELS OD MANAGEMENT: LOWER LEVEL OF MANAGEMENT
    • Consists of:
    • Supervisors
    • Foreman
    • Section Officers
    • Superintendent
  • LEVELS OF MANAGEMENT: LOWER LEVEL OF MANAGEMENT
    Roles:
    • Assigning of jobs and tasks to various workers.
    • They guide & instruct workers for day to day activities.
    • They are responsible for the quality as well as quantity of prod.
    • They are also entrusted with the responsibility of maintaining good relation in the org.
    • They communicate workers problems, suggestions, & recommendatory appeals etc to the higher level & objectives to the workers.
    • They help to solve the grievances of the workers.
    • They supervise & guide the sub-ordinates.
  • R.C. Davis
    • “Supervisory mgmt refers to those executives whose work has to be largely with personal oversight & direction of operative EMs.”