MANAGEMENT THINKERS

Peter F. DruckerVienna (1909-2005)Peter F. DruckerVienna (1909-2005)

Contributions – 1. Nature and role of Management2. Manager’s job3. Business objectives and social responsibilities4. Entrepreneurial Functions5. MBO and Self Control6. Federal Decentralisation7. Organisation Structure8. Decision Making – 2 Types – a) Tactical b) Strategic9. Management Development10. Futurity11. KRA’s

5 Phases of Decision Making-1. Defining Problem2. Analysing the problem3. Developing alternative solutions4. Deciding upon the best solution5. Converting the decision into effective action

4 Criterias for Best Solution-1. Risk2. Economy of effort3. Training4. Limitations of Resources

Decision Making

Michael E. Porter

1. Five Force Analysis

2. Generic Competitive Strategies

3. Value Chain Analysis

Michael E. Porter

Print master

• Your Text here

• Lorem ipsum dolor sit amet, consectetuer adipiscing elit, sed diam nonummy nibh euismod tincidunt ut laoreet dolore magna aliquam erat volutpat. Ut wisi enim ad minim veniam, quis nostrud exerci tation ullamcorper suscipit lobortis nisl ut aliquip ex ea commodo consequat.

• Duis autem vel eum iriure dolor in hendrerit in vulputate velit esse molestie consequat, vel illum dolore eu feugiat nulla facilisis at vero eros et accumsan et iusto odio dignissim qui blandit praesent luptatum zzril delenit augue duis dolore te feugait nulla facilisi.

Print master

• Your Text here

• Lorem ipsum dolor sit amet, consectetuer adipiscing elit, sed diam nonummy nibh euismod tincidunt ut laoreet dolore magna aliquam erat volutpat. Ut wisi enim ad minim veniam, quis nostrud exerci tation ullamcorper suscipit lobortis nisl ut aliquip ex ea commodo consequat.

• Duis autem vel eum iriure dolor in hendrerit in vulputate velit esse molestie consequat, vel illum dolore eu feugiat nulla facilisis at vero eros et accumsan et iusto odio dignissim qui blandit praesent luptatum zzril delenit augue duis dolore te feugait nulla facilisi.