PED-124-Management-Basics
PED-124-Management-Basics
MANAGEME
NT BASICS
REPORTERS
DADOR, MARY
BALBINO, REY JERIC DESANO, CHRISTINE ALMASOL, STEPHEN
SUSHYNNE
GUEVARRA, JC ARDEMER,
ACEJO, JOSHUA DERECHO, ANGELY
ANDRE RAFANZEL
BPED 3B
LESSON OBJECTIVES
Management is a universal
phenomenon. It is a very popular and
widely used term. All organizations -
business, political, cultural or social are
involved in management because it is
the management which helps and
directs the various efforts towards a
definite purpose.
WHAT IS MANAGEMENT?
According to Harold Koontz,
“Management is an art of getting things
done through and with the people in
formally organized groups. It is an art of
creating an environment in which people
can perform and individuals and can
cooperate towards attainment of group
goals”.
FEATURES OF
Management is MANAGEMENT
an activity concerned with guiding
human and physical resources such that
organizational goals can be achieved. Nature of
management can be highlighted as:
1. Management is Goal-Oriented: The
success of any management activity is
assessed by its achievement of the
predetermined goals or objective.
FEATURES OF
MANAGEMENT
2. Management integrates Human, Physical
and Financial Resources: In an organization,
human beings work with non-human resources
like machines.
3. Management is Continuous: Management
is an ongoing process. It involves continuous
handling of problems and issues.
FEATURES OF
MANAGEMENT
4. Management is all Pervasive: Management
is required in all types of organizations whether it
is political, social, cultural or business because it
helps and directs various efforts towards a
definite purpose.
5. Management is a Group Activity:
Management is very much less concerned with
individual’s efforts. It is more concerned with
groups.
Levels of Management
Process Management decides who should as it & how Administration decides what
should he do it. is to be done & when it is to
be done.
MANAGEMENT AND
ADMINISTRATION
Functio Management is a doing function Administration is a thinking
n because managers get work function because plans & policies
done under their supervision. are determined under it.
A principle refers to a
fundamental truth. It establishes
cause and effect relationship
between two or more variables
under given situation.
MANAGEMENT PRINCIPLES
There are 14 Principles of Management
described by Henri Fayol.
1. Division of Labor
2. Party of Authority & Responsibility
3. Principle of One Boss
4. Unity of Direction
5. Equity
MANAGEMENT PRINCIPLES
6. Order 12. Subordination of
Individual Interest to
7. Discipline
General Interest.
8. Initiative
13. Espirit De’ Corps (can
9. Fair Remuneration
be achieved through unity
10. Stability of Tenure
of command)
11. Scalar Chain 14. Centralization &
Decentralization
MANAGEMENT PRINCIPLES -
FEATURES
1. Principles of Management are
Universal
2. Principles of Management are Flexible
3. Principles of Management have a
Cause & Effect Relationship
4. Principles of Management - Aims at
Influencing Human Behavior
5. Principles of Management are of Equal
Importance
MPORTANCE OF MANAGEMENT PRINCIPLES
Following are the main importance of the
Principles of Management.
1. Improves Understanding.
2. Direction for Training of Managers.
3. Role of Management.
4. Guide to Research in Management.
IMPORTANCE OF MANAGEMENT
PRINCIPLES
1. Improves Understanding - From the
knowledge of principles managers get
indication on how to manage an organization.
Controlling
The controlling function in Coca-Cola is
done through periodic reviews of managerial
and salespersons performance.
Thank you for
Listening!