MS Unit-I_GSV_PPT

7/31/2019 MS Unit-I_GSV_PPT

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MANAGEMENTSCIENCE


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UNIT-IIntroduction to

Management


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INDEXUNIT 1 PPT SLIDES

S.NO. TOPIC LECTURE NO.

Introduction to Management L1

Concepts of Management of Organiztion L2

importance L3 Taylors Scientific L4

FUNCTIONS OF MANAGEMENT L5 Fayols Principle of Management L6

Mayos Hawthorne Experiments L7

Maslows theory of Human NeedsS L8


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DEFINITION

Henri Fayol(1916):To manage is toforecast and plan ,to organize, tocommand, to coordinate and control

Peter. F. Drucker(1955):Management isconcerned with the systematic

organization of economic Resources andits task is to make these resourcesproductive.


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Nature and Features

Management is a social process

It also denotes a a body of peopleinvolved in decision making

It is inexact science It is an art and also science

It is profession

It is inter-disciplinary

It is complex


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IMPORTANCE

It facilitates the achievements ofgoals through limited resources

It ensures smooth sailing in case ofdifficulties

It ensures continuing in theorganization

It ensures economy and efficiency

It focus on group efforts

It is the key to the economic growth


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Taylors Scientific Management

Theory

F.W.Taylor Father of ScientificManagement

Taylor demonstrated the benefits of

increased productivity and earningsthrough an experiment atBethlehem Steel Works.


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FUNCTIONS OFMANAGEMENT

According to Luther Gullick

P-----Planning

O------Organizing

S-----Staffing

D----Directing

Co---Coordinating

R---Reporting

B---Budgetting


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Fayols Principle of

Management Henri Fayol contributed 14 principles to

management

1. Division of Work

2. Authority

3. Discipline

4. Unity of command

5. Unity of direction6. Subordination of individual interest to

group interest


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Fayols Principle of

Management7.Remuneration

8.Centralization of authority

9.Scalar chain10.Order

11.Equity

12.Stability of tenure of personnel13.Initiative

14.Espirit de corps (Team work)


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Mayos Hawthorne Experiments

Mayo known for his famous experimentat Hawthorne plant of the western

electric company, Chicago, USA, forevaluating the attitudes andPsychological reaction of workers on

the job situations.


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Maslows theory of Human NeedsS

According to him humans have 5needs

1. Physiological needs

2. Safety needs

3. Affiliation or acceptance needs

4. Esteem needs5. Self-actualisation needs


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Douglas McGregors Theory X and

Theory Y

Theory X: Assumptions

1. Employees are lazy

2. They require constant guidance and

support3. Some times they require even coersion

and control

4. Given an opportunity they would like to

avoid responsibility5. They do not show any ambition but

always seak security


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Theory Y

Assumptions:

1. Some employees consider work as natural asplay as rest

2. They employees are capable of directing and

controlling performance on their own. They aremuch committed to objectives of theorganization.

3. Higher rewards make these employees morecommitted to organization.

4. Most of them are highly imaginative, creative,and display ingenuity in handling organizationalissues.

5. Give an opportunity , they not only accept

responsibility but also look for opportunities to

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