2. BUSINESS ENTERPRISE AND
INSTITUTION
Organs of the society.
Fulfil a specific social purpose.
Satisfy the specific need of a society, community or
individuals.
Dimensions of Management from Essentials of Peter Drucker.
Presented by Sheereen, PGDM student, IIBM, Patna
2
3. WHAT IS MANAGEMENT ?
Organ of the Institution.
Management is defined by its three tasks
Establishing the specific purpose and mission of
the institution, whether business
enterprise, hospital, or university.
Making work productive and the worker
effective.
Managing social impacts and social
responsibilities.
Dimensions of Management from Essentials of Peter Drucker.
Presented by Sheereen, PGDM student, IIBM, Patna
3
4. SPECIFIC PURPOSE OR MISSION
Existence for a purpose or mission.
Dimensions of Management from Essentials of Peter Drucker.
Presented by Sheereen, PGDM student, IIBM, Patna
4
5. BUSINESS ENTERPRISES
Exists for a specific purpose or mission.
Exists for a specific economic performance.
Economic performance is rationale and purpose.
Every decision and action should be based on
economic performance.
Has the responsibility of profitability.
Dimensions of Management from Essentials of Peter Drucker.
Presented by Sheereen, PGDM student, IIBM, Patna
5
6. NON BUSINESS ENTERPRISES
Exists for a specific purpose or mission.
Has a specific social function.
Economic consideration are restraint.
Dimensions of Management from Essentials of Peter Drucker.
Presented by Sheereen, PGDM student, IIBM, Patna
6
7. WORK ACHIEVEMENT
Work productive.
Worker effective.
TRUE RESOURCE : PEOPLE
Workers are considered as organisms having a distinct
physiological and psychological properties, abilities,
limitations and distinct mode of action.
Dimensions of Management from Essentials of Peter Drucker.
Presented by Sheereen, PGDM student, IIBM, Patna
7
8. Process of achieving success
Worker Work Achieve
effective productive goals
SUCCESS
Dimensions of Management from Essentials of Peter Drucker.
Presented by Sheereen, PGDM student, IIBM, Patna
8
9. SOCIAL RESPONSIBILITIES
Managing the social impacts and the social
responsibilities of the enterprise.
Business to supply goods and services to customers
rather than providing jobs to workers and managers or
dividends to stockholders.
Impact over people, community and society.
Power and authority over people like employees.
It should be concerned with both quantities and
qualities of life of the modern man and community.
Dimensions of Management from Essentials of Peter Drucker.
Presented by Sheereen, PGDM student, IIBM, Patna
9
10. Dimensions of Management from Essentials of Peter Drucker.
Presented by Sheereen, PGDM student, IIBM, Patna
10