MS Unit-I_GSV_PPT
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Transcript of 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