Introduction to Management
Organisation:
Two or more people who work together in a
structured way to achieve a specific goal or set of
goals.
Elements of an organisation:
1. Goal
2. Plan
3. Resources
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Managing Organisations
Management is the process of consciously and
continually shaping organisations.
All organisations have people who are responsible
for helping them achieve their goals. These people
are called Managers.
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Why study organisations and management
Organisations are in the news and in our conversations
every day.
Eg. KMML to extend organic farming to 50 more acres.
Fauci says rushing out a vaccine could jeopardise
testing of others.`
Organisations impact the lives of people in the present,
in the future and also by connecting people to their pasts.
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The syllabus
Course Code: MBA FC0101
Course Title: Introduction to Management
Course Objectives:
1. To have an overview of Management as a
Profession and its basic framework.
2. To introduce Functional areas of Management and
its role in Organisations.
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Module Table & Contents
No.
1 Management as a Profession
2 Role of Management & Levels of
Management
3 An overview of Management Functions
4 Functional Areas of Management & its Role
5 Decision Making
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Text Books:
1. Stephen P. Robbins, Mary Coulter – Management
2. Stoner, Freeman, Gilbert – Management
3. Koontz & Weirich – Essentials of Management
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Concept of Management
1. Management as a process (inter-related activities)
2. Management as a group/team (Group of persons)
3. Management as a discipline (Specialised branch of
knowledge, with principles and practices)
4. Management as an activity (performed by managers
– planning, organising, staffing, directing and
controlling)
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Definitions
Lawrence A. Appley
Management is the accomplishment of results through
the efforts of other people.
Harold Koontz
Management is the art of getting things done through
and with the people in formally organised groups.
Mary Parker Follet
The art of getting things done through people.
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George Terry
Management is a process of planning, organising,
actuating and controlling to determine and
accomplish the objectives by the use of people and
resources.
McFarland
Management is the process by which managers create,
direct, maintain and operate purposive organisations
through systematic, coordinated, cooperative human
efforts.
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Nature of Management
1. Universality
2. Purposeful
3. Social Process
4. Coordinating force
5. Intangible
6. Continuous Process
7. Composite process
8. Creative organ
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Importance of Management
1. Achievement of group goals
2. Optimum utilisation of resources
3. Fulfillment of social obligations
4. Economic growth
5. Stability
6. Human development
7. Meets the challenge of change
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Scope of Management:
1. Functions of management: Planning, Organising,
Staffing, Directing, Coordinating and Controlling.
2. Functional areas of Management: Marketing
Management, Financial Management, Operations
Management, Human Resource Management
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Management as a Profession
Profession: A profession is an occupation, which
involves the rendering of personal service of a
special and expert nature
Features of a Profession:
1. Well defined body of knowledge
2. Restricted entry
3. Professional Association
4. Ethical code of Conduct
5. Service motive
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Features of Management as a Profession:
1. Management consists of well defined and
systematic knowledge, that is imparted to people
aiming to be a manager.
2. No clear restrictions of entry.
3. There is no single association that controls and
defines the code of conduct for all managers.
4. The management of an organisation has well-
defined motives.
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