,what is management? ,henri fayol ,f w taylor ,mary parker follet ,harold koontz ,george r terry ,peter drucker ,management as a process ,management functions ,posdcorb

1. Management Process

2. What is Management?
▰ 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.
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3. Management Defined
▰ "To manage is to forecast and to plan, to
organize, to command, to co-ordinate and
to control.“ - Henri Fayol (29 July 1841,
Istanbul – 19 November 1925, Paris)
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4. Management Defined
▰ Management is an art of knowing what to
do, when to do and see that it is done in
the best and cheapest way". F W Taylor (20
March 1856 - 21 March 1915)
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5. Management Defined
▰ "Management is the art of getting things
done through people." - Mary Parker Follet
(September 3, 1868 – December 18, 1933)
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6. Management Defined
▰ Management is an art of getting things
done through and with the people in
formally organized groups. lt is an art of
creating an environment in which people
can perform and individuals can cooperate
towards attainment of group goals".
Harold Koontz (1909 - Febr. 11, 1984)
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7. Management Defined
▰ "Management is a distinct process
consisting of planning, organizing,
actuating and controlling, performed to
determine and accomplish stated objective
by the use of human beings and other
resources" George R Terry (1909 -1979)
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8. Management Defined
▰ "Management is a multi-purpose organ
that manages business and manages
managers and manages workers and
work." - Peter Drucker (The Principles of
Management) (November 19 1909 –
November 11 2005)
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9. Management as a Process
▰ Management is a social process -concerned with developing
relationship among people
▰ Management is an integrated process -undertakes the job of bringing
together human physical and financial resources so as to achieve
organizational purpose
▰ Management is a continuous process -concerned with constantly
identifying the problem and solving them by taking adequate steps
▰ Management is an iterative process - rule that can be applied
repeatedly to generate a sequence of outcomes
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10. “
Management functions
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11. Management functions
▰ “There are four fundamental
functions of management i.e.
planning, organizing, actuating and
controlling”
-George R Terry
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12. Management functions
▰ “To manage is to forecast and plan, to
organize, to command, & to control".
-F W Taylor
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13. Management functions
▰ Planning, Organizing, Staffing, Directing
and Controlling
-Koontz and O’Donnel
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14. Management functions
▪ Luther Gulick gave a new formula to suggest the
elements of Management Process i.e. basic
functions of management.
▪ According to him, management process may be
indicated by the word "POSDCORB”.
▪ Gulick coined the word "POSDCORB" to suggest
seven functions of management.
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Luther Gulick

15. Management functions- POSDCORB
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Luther Gulick

16. “
Management Process
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17. Management Process
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Planning Leading Controlling
Organizing Motivating Staffing
Management Process
▪ Men
▪ Money
▪ Materials
▪ Machines
▪ Methods
▪ Market
Inputs Output
End Result
Objectives

18. Elements of Management Process
( Functional Management):
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Planning
Organizing
Directing
Co-ordinating
Controlling
Motivating
Staffing
Communicating
Achievement
of
Objectives

19. 20
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