.

Showing posts with label Principles Of Management. Show all posts
Showing posts with label Principles Of Management. Show all posts

Friday, 7 August 2015

PRINCIPLES OF MANAGEMENT: PRINCIPLES OF MANAGEMENT BY EXCEPTION







PRINCIPLES OF MANAGEMENT: Principles of Management by Exceptions



Management by Exceptions states that Top Levels of Management should keep itself involved with the policy strategies & decisions. The Principles of the Management by Exceptions influences on the following below given points:-

Sunday, 26 July 2015

PRINCIPLES OF MANAGEMENT: IMPORTANCE OF MANAGEMENT BY EXCEPTION




PRINCIPLES OF MANAGEMENT: Importance of Management by Exceptions




Large Scale Business & Industrial units are having complex as well as complicated activities where decision making & supervision is needed at each step within a short notice. So the technique of Management by Exceptions has gained grounds and is popular in nature. As it has given more freedom in decision making & job performances to different Levels of Management, its utility level has increased many folds.

Sunday, 19 July 2015

PRINCIPLES OF MANAGEMENT / MANAGEMENT BY EXCEPTION



PRINCIPLES OF MANAGEMENT: 
Management by Exceptions 

Today the world has become more complex and day to day activities in different fields have changed many folds. The technology and its utility level have changed a lot and so has the utilization. The thinking pattern has also changed a lot. Many new forms of activities have changed the understanding perspective in our lives.

Wednesday, 15 July 2015

PRINCIPLES OF MANAGEMENT / IMPROVEMENT OF MANAGEMENT BY OBJECTIVES




PRINCIPLES OF MANAGEMENT: Ways to Improve Management by Objectives

Management is a dynamic field and it adopts as per the needs of the hour. Many changes have taken place since its inception. Few points are put forward so that Process of Management by Objectives be made further more effective, are as:-

Sunday, 12 July 2015

PRINCIPLES OF MANAGEMENT / IMPORTANCE OF MANAGEMENT BY OBJECTIVES Part-II



PRINCIPLES OF MANAGEMENT: Importance of Management by Objectives - Part II


Some of the remaining points in the importance of management by objectives are given below:-

Delegation of Authority:
The Management by Objectives strengthens and gives systematic coordination to the organizational structure of the business or industrial unit. The system gets developed because of appropriate balance between authority & responsibility.

Monday, 6 July 2015

PRINCIPLES OF MANAGEMENT / IMPORTANCE OF MANAGEMENT BY OBJECTIVES Part-I







PRINCIPLES OF MANAGEMENT: Importance of Management by Objectives - Part I


As we all know that Management by Objectives is a systematic practice very useful in achievement of   departmental and organizational goals. Hence, its importance cannot be ignored. Some of the major importances of management by objectives are illustrated below:-

Friday, 26 June 2015

PRINCIPLES OF MANAGEMENT : CHARACTERISTICS OF MANAGEMENT BY OBJECTIVES Part - II




This is the second part of the Characteristics of Management by Objectives, and the points are as follows:-

Organizational Structure:
As per the concept of Management by Objectives an organizational arrangement gets developed.

Monday, 22 June 2015

Friday, 19 June 2015

PRINCIPLES OF MANAGEMENT: MANAGEMENT BY OBJECTIVES



Meaning
Management by Objectives is not a management technique but a total Goal specific management. We may say that it follows the practical aspects of management. This concept has been developed on the human factors of cooperation, understanding and coordination.

Tuesday, 16 June 2015

PRINCIPLES OF MANAGEMENT: X & Y Theory of Douglas Mc Gregor




During the course the development of scientific management different scientists working in the management field left their footprints, which are still followed.  One of the prominent management expert was Professor Douglas Mc Gregor.

Approach adopted by Professor Douglas Mc Gregor was totally different at that time because he was a decisive advocate to the humanitarian thinking towards the workers & employees. 

Sunday, 14 June 2015

COORDINATION: PRINCIPLES OF MANAGEMENT / MANAGEMENT PROCESS



Coordination as a process is mutual understanding to achieve predetermined goal of industrial or business organization utilizing all the factors of production. The development of harmonious,

Thursday, 21 May 2015

DIRECTION : PRINCIPLES OF MANAGEMENT: MANAGEMENT PROCESS


Direction is a major activity of Management Process. It is regarded heart of administrative behavior of management.

This is one of the basic art of getting thing performed by human beings. Direction involves set of steps and activities to direct in a proper and systematic order and course.

Sunday, 17 May 2015

ORGANISATION: MANAGEMENT PROCESS / ELEMENT OF MANAGEMENT



Organization is another major important activity of Management Process.

Organization, itself is a group of dedicated people regarding certain specific pre stipulated set of Goals in an industrial or business enterprise.

Tuesday, 31 March 2015

Monday, 30 March 2015

Principle: DEVELOPMENT OF WORKERS TO THEIR GREATEST EFFICIENCY AND PROSPERITY

The well being of any organization depends upon the well being of the workers because workers are the key elements of any organization. Workers well being here indicates their efficiency. Hence, through this scientific principle Taylor emphasized on the need of developing each and every individual in the organization to his / her greatest efficiency through proper training. Also, the workers should be selected in a scientific manner and not merely by will, relation or personal preferences of the superiors. For such purpose Taylor has introduced various techniques which should be followed in an organization in order to standardize the all-round performance.

Tuesday, 1 October 2013

Principle: HARMONY, NOT DISCORD.

In every organization there are two groups of people i.e. “workers’ and ‘management’ and both always feel dissatisfied with each other. Workers always feel that they are overburdened and are underpaid. Management always feels that workers are good for nothing and are paid unnecessarily.

Principle: SCIENCE, NOT RULE OF THUMB.

Rule of Thumb is the basic principle of scientific management as formulated by Taylor. The idea of scientific management originates from science and as is this principle. For managing activities in a scientific manner we have to start with understanding, analyzing and applying scientific methods and techniques. This principle is all about the use and application of scientific methods and techniques in performing the activities.

SCIENTIFIC PRINCIPLES OF MANAGEMENT

F.W. Taylor introduced the concept of scientific management in which he stated that management is a true science which depends upon cause and effect relationship and clearly defined laws and principles. He is of the opinion that management should be carried out in a much more scientific way so that organizations can achieve maximum results by utilizing their available resources, skills and capabilities, it will also minimize the wastage of resources or the chances of their remaining idle.

Tuesday, 13 August 2013

SCIENTIFIC MANAGEMENT


“Scientific management” as the name suggests is simply the application of science, in the form of scientific tools and technique in the field of management. It represents a blend of the two fields i.e. science and management. 

In other words, we can say that it is the application of scientific approach towards management issues. It also means discarding the traditional approach of management and adopting a newer approach for solving the managerial problems.
Scientific management has been defined differently by different authors, scholars and experts, some of them are as under-

Principle: ESPIRIT DE CORPS


'ESPIRIT DE CORPS' here means team spirit and team work. This principle emphasizes on team work. 'UNITY IS STRENGTH' is the essence of this principle. Fayol suggested that there should be a team spirit in the organisation and all the employees must consider themselves as member of the organisation.