Fundamentals of-management

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Today we are going to talk about__

Fundamentals of Management.

Presented by_

MD. Shariful IslamID : 151006031

MD. Hamidul Islam RajID : 151006062

Definition of management with Defined by Various Authors.

Principles of Management

Basic Functions of Management also a Diagram

Managerial Skills

Managerial Roles

Managerial Level

Synopsis

Definition of Management

In general, the meaning of the word MANAGEMENT is to handle the overall activities of the organization.

“ Management is the process of designing & maintaining an environment in which individuals, working together in groups, efficiently accomplish selected aims.”

Defined by Various Authors

• HENRY FAYOL : management is to forecast and plan, to organize, to command, to coordinate and control.

• G.R TERRY : management is a distinct process consisting of planning, organizing, actuating and controlling performed to determine and accomplish the objective by the use of people and resources.

Principles of Management

1. Division of work2. Authority and Responsibility3. Discipline4. Unity of Command5. Unity of Direction6. Scalar chain 7. Order

8. Equity9. Unity is Strength10. Initiative11. Stability of Tenure12. General Interest13. Centralization14. Remuneration

Basic Functions of Management also a Diagram

Planning

organizing

Staffing

directing

Controlling

Planning Organizing Staffing DirectingControlling

Level of Management

Managerial Roles

1. Interpersonal Roles2. Informational Roles3. Decisional Roles

Managerial Skills

1. Technical Skills2. Interpersonal Skills3. Conceptual Skills4. Diagnostic Skills

Conclusion

From this principles of management which plays an important role in the organization.

“In the past the man has been first; in the future the system must be first.” - Frederick Winslow Taylor