Ch02 traditional and contemporary issues and challenges(1)
Basic Concept of Management
1. Basic Concept of Management Principles and Practices of Session No :1 1 UNIT
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4. DEFINITION OF MANAGEMNT Figure 2.1 Source: “ Management is the process of designing and maintaining the environment in which individual work together in group, and efficiently and effectively accomplish the selected aim ” -Basic definition “ Art of getting things done through people ” - Mary Parker Follett. “ Management is a process of Planning, Organizing, actuating (directing) and controlling, performed to determine and accomplish the objectives by the use of people and resources ” -George R Terry. 3
12. EARLY-CLASSICAL APPROCH 1700-1850- Industrial Revolution. Concept of division of labor by Adam Smith. Second half of the 19 th Century Management as a separate field. Separation of the business management from their ownership 2
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14. Administrative Management Henry Fayol- Father of Administrative Management 14 principals of Administrative Management- Division of Work Authority and Responsibility Discipline Unity of Command 7