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Understanding Management Concepts

Management involves coordinating efforts to accomplish goals using available resources. It provides direction to individuals or groups to achieve goals. Management applies functions like planning, organizing, leading, and controlling to key business processes. Studying management is important because it helps people work well with others and gain skills employers seek. While management uses authority, leadership uses influence to motivate followers who like, love, and admire the leader. Management follows principles like division of work and unity of command to achieve results in a continuous, group process aided by technology. It must be adaptable to situations and foster innovation.

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Raj Gami
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5 views21 pages

Understanding Management Concepts

Management involves coordinating efforts to accomplish goals using available resources. It provides direction to individuals or groups to achieve goals. Management applies functions like planning, organizing, leading, and controlling to key business processes. Studying management is important because it helps people work well with others and gain skills employers seek. While management uses authority, leadership uses influence to motivate followers who like, love, and admire the leader. Management follows principles like division of work and unity of command to achieve results in a continuous, group process aided by technology. It must be adaptable to situations and foster innovation.

Uploaded by

Raj Gami
Copyright
© All Rights Reserved
We take content rights seriously. If you suspect this is your content, claim it here.
Available Formats
Download as PPTX, PDF, TXT or read online on Scribd

Introduction

to ppm
What is management?
The concept of
management
1. The process of coordinating the
efforts of people to accomplish
goals and objectives using
available resources efficiently
and effectively.
. Resources Time, Money,
People, Information, Materials,
Physical assets, Methods
The concept of
management
2. It is the process of providing
direction to individuals or groups
of people in order to achieve
goals (Peter G Nothhouse 2010)
The concept of
management
3. Management is the application of
the functions of management to
the key business processes
The concept of
management
3. Management is the application of
the functions of management to
the key business processes
. What is a business
. Any occupation, trade, profession
or activity established with the
aim of creating or adding value
The concept of
management
Why study management?
i. The better you can work with
people, the more successful you
will be in both your personal and
your professional lives.
ii. Employers want to hire
employees who can participate
in managing the business
organizations.
The concept of
management
Management versus Leadership
Management involves the use of
authority, while leadership
involves the use of influence
Authority is the a delegated or
mandated right.
The concept of
management

There are three types of authorities


i. Authority of position
ii. Traditional authority
iii. Authority of knowledge
The concept of
management
Influence is the ability to affect
another persons thinking and
actions in the absence of rewards
or punishment
People willingly follow a leader
because they
Like them
Love them
Admire them
The concept of
management
Like The need to be near or
around the person due to:
Similarities
Commonalities
Familiarity
Love -The need to be enjoined to
the person and to be part of them
The concept of
management
Admire The need to copy the
person and be like them
A good leader is one who is
likeable, loveable and
admirable
A good manager is one who has
the leadership qualities
A good leader must be a good
manager (must have
managerial skills)
The features of
management
ESTHER MBUGUA
The features of
management
1. Continuous and never ending
process
. The functions of management are
performed continuously and
concurrently

The features of
management

Organizing

Leading
Planning

Controlling
The features of
management

2. It involves getting things done


through people
3. Management is a group and not an
individual activity (employees
owners customers)
4. It is results oriented
5. Follows established principles or rules
(division of work, discipline,
unity of command)
The features of
management
6. Aided but not replaced by
technology
8. Situational
9. Best practice requires the
separation between management
and ownership
[Link] is intangible but it
can be felt
[Link] requires creativity
and innovativeness

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