IM-01 Principles of Management

8/9/2019 IM-01 Principles of Management

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Principles Of

Management


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ManagementDifferent Function

Planning

Organisation

Coordination

Controlling

Structure of an Industrial Organisation

Function of Different Departments

Syllabus: Principle of Managem


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Art of Getting or! done t"roug" people# wit" satisf

emplo$er# emplo$ees and t"e pu%lic&

It is scientific %asis %ecause management tec"ni'ues

suscepti%le to measurement and factual determinatio

Management does not frame policies# it onl$

implements(e)ecutes t"e policies laid down %$ admin

Management - Introductio


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*o maintain discipline and to !eep control over t"e e

*o !eep co+ordination among t"e staff at various leve

It !eeps sufficient watc" and strict inspection&

Suggest new ideas and improvements&

*o ma!e arrangement of pa$ments and !eep all recor

*o provide good training to staff and attaining "ig" s

fields&

Characteristics of a Managem


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Forecasting

Organising

Motivating

Controlling

,eaders"ip

Functions of Managemen


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It is Concerned wit" t"e estimation of 'uantities# t"e

forecast# cost# finance pro%lem# capital e)penditure# p

etc&

*"en an alternative course of action is also considere

After selecting t"e most profita%le course of action# pstarted&

Forecasting


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Planning means -t"in!ing %efore doing.&

Before actual wor! is started it is decided /"at is to %e produced0

1ow muc" is to %e produced0

1ow to %e produced0"en to %e produced0

"o are to produce it0

2limination of wastage of material# mac"iner$ and c

Planning


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*"is function consists of material Organisation and "

Organisation&

Planning is done t"e ne)t step is arrangement of /Material

Mone$2mplo$ees

or!er

For actual e)ecution or manufacture

Organising


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It means t"e s$stem of directing t"e plan into operati

*"e Director must "ave d$namic leaders"ip and mus

su%ordinates&

*"e instructions must %e simple# clear# complete and

and t"en as far as possi%le in writing&*"e staff s"ould %e made conversant wit" t"e standa

procedures&

Directing


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*"e function of motivation is to find out t"e motives

a man t"en "e s"ould %e encouraged to do wor! %$ !

moral "ig"&

Motivation is t"e s!ill of manager and lin!ed wit" co

or co+operation&

Motivation


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*"is is t"e tas! of co+ordination to integrate and "arm

wor!er and t"e staff to ac"ieve a common o%4ective

*"is is ac"ieved %$ t"e s!ill of manager of superviso

Coordination


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*o see t"at t"e ot"er functions are %eing performed p

alrig"t&

Matc" t"e actual performance wit" t"e plans&

Point out t"e defective wor!# rectif$ t"em and preven

Some Controls are/5ualit$ Control

Cost Control

Material Control

Production Control etc&

Controlling


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*ransmits t"e information and instruction to t"e conc

parties# i&e emplo$ees# customers# suppliers# s"are"

general pu%lic&

It must include t"e acceptance of good ideas coming

persons w"o are directl$ in touc" wit" practical use

Communication


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All t"e manager s"ould "ave t"e 'ualit$ of leaders"ip

eadership


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Most important functions of management&

As managers are re'uired to ta!e decision ver$ fre'u

*"e efficienc$ of t"e concern# loss# profit etc are aff

t"ese decisions&

Great amount of attention is re'uired to %e paid to t"

Decision Ma!ing


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Organisation is t"e mac"iner$ w"ic" esta%lis"es t"e

ordination %etween administration and management&

Organisation com%ines t"e various people wor!ing t

factor$&

It %rings t"e various of production into t"e most effeoperation&

Industrial Organisation

O i ti Ch t


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Organisation Chart

ManagingDirector

2)ecutiveCommittee

Secretarial and,egal

OfficialRecords

Credit andcollection

Mar!eting Sales Service

Manufacturing*uring

Purc"asing Control

Personnel Recruitment *raining


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,ine# 6or Militar$ t$pe or Scalar 7 Organisation

Functional Organisation

,ine and staff Organisation

"ypes and Structure of Industrial Organ


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GeneralManager

ChiefOfficer

OfficeStaff

ProductionManager

ShopManager

Forman(Workers)

Forman(Workers)

Forman(Workers)

SalesManage

Sales St

ine Organisation


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GeneralManager

DesignEngineer

WorkManager

Supdt OfProduction

Forman(Workers)

Forman(Workers)

Forman(Workers)

Form(Work

Estimatingand Cost

!ccountanc"

Forman(Workers)

Form(Work

Functional Organisation


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S"are1olders

Board ofDirector

C"ief AccountOfficer

ManagingDirector

Sales Manager

GeneralManager

Production2ngineer

PersonnelManager

CostAccountant

or!erManager

*ransport

Store 8eepe

S"op Manage

Rate Fi)er

Maintenance

2stimator

Purc"ase

Instimator

2ngineerCompan$Secretar$

ine and Staff Organisatio


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Departmentation

Departmentali3ation is t"e process of %rea!ing do

enterprise into various departments&

Identif$ing and grouping of similar activities on s

logical %asis so t"at team of persons can %e organ

order to attain t"e o%4ectives of t"e enterprise ma

called departmentation&


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Departmentali#ation of different func

#oard of

Directors

GeneralManager

ManufacturingDepartment

MarketingDepartment

EngineeringDepartment

FinanceDepartment

$%DDepartment


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$elationship %et&een Individual DepaOnce t"e goal is decided# t"e function of various d

Planning# Production# Stores# Inspection and sales

%e properl$ coordinated w"ic" will "elp in t"e %es

utili3ation of resources li!e men# munc"ies and ma

Deficienc$ and defects are to %e removed and t"e

%e pus"ed t"roug" t"e different departments&

Relations"ip among t"e various departments s"oul

maintained&


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IM-01 Principles of Management