module 1 additional content
module 1 additional content
PODSCRB Planning
PODSCORB Organizing
Directing
Staffing
Coordinating
Reporting
Budgeting
Planning Innovating
Organising Representing
Directing
Controlling
WHY PLANNING?
Decides the objective of the task
Setting goals
Assigning work to every division of the
organization
Planning may be of shorter periods or long term
projects.
Ex: class time table is also part of planning
where all the subjects are allotted to take place
in a specified duration.
IN SHORT:
Where
When What
ORGANIZING
Guiding
Communicatin
g
Motivating
Manager explains what people working under him
must do
Manager must guide in such a way that workers
should put their efforts efficiently and give their
best with loyalty to their organization (Enterprise)
Financial motivation in terms of salary, incentives
and non financial motivation in terms of job
security can be assured to workers.
Efforts put by employees are put together to reflect
a better image of the environment.
CONTROLLING
“How” is part of an
inquiry which explains
management is an ART.
Skill is involved in the
process.
Ex: A painter seeks
desired effect with Musician composes a
colours using his own song with his skills.
skills Both examples belong to ART as there is an
application of the skill.
MANAGEMENT AS PROFESSION
Characteristics of profession
12 INDIAN INSTITUTES OF MANAGEMENT IN
INDIA
Ahemdabad
Bangalore
Luckhnow
Kolkota
Indore
Shillong
Ranchi
Rohtak
Raipur
Udaipur
Tiruchinapally
Kojhikode
PETER DRUCKER IS AN AUTHOR OF PRACTICE
OF MANAGEMENT SAYS:
No greater damage could be done to our
economy or to our society than to attempt to
professionalise management by licensing
manager” Ex: licensing only to those with
degree
IN SUPPORT OF HIS VIEWS
VS
MANAGEMENT AND ADMINISTRATION
MANAGEMENT
ADMINISTRATIVE
OPERATIVE MANAGEMENT
MANAGEMENT
LEVELS OF MANAGEMENT
Workforce: foreman and white collar superviser
▪ Nature
▪ Importance
▪ purpose of planning process
▪ Objectives
▪ Types of plans
PLANNING
Planning: It is the scientific direction to managers
by which objectives will be met with ease.
1. minimizes the risk, reduces uncertainties
surrounding business conditions.
2. Increases the degree of success
3. It establishes Co-ordinate effort in the
organization.
4. It helps managers to organize people & resources
properly. While planning - managerial function
should be performed first.
Nature or characteristics of planning
1. Focus in objectives: Plan starts with a goal setting, to think when an investment is
made on procurement of materials.
Being aware of the economic conditions is necessary.
Ex: Think about when will you invest in the share market?
Think about
When? How?
And On what to invest??
2. It is an intellectual process: The intellectual process requires mental exercise, fore
suing future developments, making forecasts & the determination of the best course
of action.
3. Planning is a selective process: It involves careful study of analysis of various
alternative courses of action. For alternatives to decide & make decision it requires
to know what is to be done. How it is done, when it is to be done & by whom it is
done.
4. Planning is pervasive: which is an activity to cover all the levels of enterprise.
2. Simple
3. Comprehensive
3. Determination of objectives:
2. Managerial level
4. Scope.