introduction to advanced management

20
To Advanced Management

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Page 1: Introduction to Advanced management

To Advanced

Management

Page 3: Introduction to Advanced management

Introductory Remarks

Definition of Management, Issues of Management and Management levels

Functions of Management

Managerial Roles

Relationship Between Administration & Management

Presentation Outline

Page 4: Introduction to Advanced management

What is Management

*It is a set of activities (including planning and decision making, organizing, leading and controlling)

directed at an organizational resources (human, financial, physical and information) with the aim of achieving organizational goal

in an efficient and effective manner.

*In short, management is the art and science of getting things done with human and non-human resources with the satisfaction of stakeholders.

Page 5: Introduction to Advanced management

Issues of Management

*As managers people carryout decision-making, organizing, leading and controlling functions*Management is everywhere, in any kind of

organization*Management is applicable to all organizational

levels*Proper management is always concerned with

achieving goals that is financial surplus*Managing is concerned with productivity

Page 6: Introduction to Advanced management

Levels of Management

*First Level Management: Managers who are responsible for the work of operating employees and don’t supervise other managers*Middle Level Management: Managers who are

responsible for other managers. Sometimes middle managers is also responsible for the work of operating employees. *Top Level Management: Managers who are

responsible for establishing operating policies and guide the ways how an organization interacts with the environment.

Page 7: Introduction to Advanced management

Functions of Management:

Page 8: Introduction to Advanced management

Functions of Management: Planning and decision making

*Management planning is the process of assessing an organization's goals and creating a realistic, detailed plan of action for meeting those goals.*Setting an organization’s goal and deciding how to

achieve them.*Selecting a course of action from many alternatives*Planning involves:

Establish Goals Identify ResourcesEstablish Goal-Related TasksIdentify Alternative Courses of Action

Page 9: Introduction to Advanced management

Functions of Management: Organizing

*Organizing is an important function of the five functions of management.*An organization can function well if it is well organized.*There must be sufficient capital, staff and raw materials in an

organization to run it smoothly.*An organization may have many divisions and functions; when

number of function increases, the organization will expand horizontally and vertically*Organizing involves:

Identification of activitiesGrouping of activitiesAssignment of dutiesDelegation of authority and creation of responsibility

Page 10: Introduction to Advanced management

Functions of Management: Staffing

* It is the function of manning the organization stucture and keep it manned. Staffing has become greater importance in the recent years due to

Advancement of TechnologyIncrease in size of businessComplexity of human behavior

* Purpose of staffing: The main purpose of staffing is to put right people in the right place. That is square bolts in the square holes and round bolts in the round holes.

* Staffing involves:Proper and effective manpower planningRecruitment, selection and placementTraining and developmentRemunerationPerformance AppraisalPromotion and Transfer

Page 11: Introduction to Advanced management

Functions of Management: Directing

*It is the part of Managerial function, which motivates the organizational methods for the achievement of organizational goals.*Direction directly deals with influencing, guiding,

supervising and motivating subordinates for attainment of organizational goals.*Direction has following elements:

SupervisionMotivationLeadershipCommunication

Page 12: Introduction to Advanced management

Functions of Management: Controlling

*Controlling is the monitoring of organizational progress toward goal attainment*The purpose of controlling is to ensure that everything

happening in accordance with the standards.*Controlling has following steps:

Establishment of standard performanceMeasurement of actual performanceComparison of actual performance with standard

performanceCorrective action

Page 13: Introduction to Advanced management

Managerial Roles: Framework of the Model

Page 14: Introduction to Advanced management

Interpersonal Roles: As leaders, liaisons & figureheads

Are responsible for work conducted within unitsDevelop relationships within and outside unit to

conduct workPerform some image based activities (i.e., not

directly work related)

Page 15: Introduction to Advanced management

Informational Roles

Page 16: Introduction to Advanced management

Activities within the Decisional Role

Page 17: Introduction to Advanced management

WHAT IS ADMINISTRATION

*The word “administration” is from the Latin word “minister” meaning servant or slave.*Therefore, administration has to do with the

identification, maintaining, motivating, controlling, and the unification of human and material resources within an organization to achieve a common goal. *Administrative management is the process of managing

information through people. This usually involves performing the storage and distribution of information to those within an organization.

Page 18: Introduction to Advanced management

Comparison between management and administration:

Management AdministrationDefinition Art of getting things done through others

by directing their efforts towards achievement of pre-determined goals.

Formulation of broad objectives, plans & policies.

Nature executing function, doing function decision-making function, thinking function

Scope Decisions within the framework set by the administration.

Major decisions of an enterprise as a whole.

Status Group of managerial personnel who use their specialized knowledge to fulfill the objectives of an enterprise.

Consists of owners who invest capital in and receive profits from an enterprise.

Level of authority Middle level activity Top level activityMain functions Motivating and controlling Planning and organizingUsage Used in business enterprises. Popular with government,

military, educational, and religious organizations.

Page 19: Introduction to Advanced management

Relationship Between Administration & Management

Practically, there is no difference between management & administration. However, the managers who are higher up in the hierarchy denote more time on administrative function & the lower level denote more time on directing and controlling worker’s performance i.e. management.

Conclusion

Page 20: Introduction to Advanced management