Definition and Functions of Management Flashcards
What is Organization
?
the structural framework of duties and responsibilities required of
personnel in performing various functions with a view to achieving
business goals
Organization from the greek word?
Organon = Tool or Instrument
What is Management
It is the process of guiding the development, maintenance, and allocation of resources to attain organizational goals.
Management from the French word?
Maneger = to direct a household
Management is an art of getting things done through people
Mary Parker Follet
"”Management is the accomplishment of results through the efforts
of other people.”
Lawrence Appley
“To manage is to forecast
and to plan, to organize, to
command, to coordinate
and to control.”
Henri Fayol
“Management is a multi-
purpose organ that manages a business, manages managers, and
manages workers and
work.”
Peter Drucker
What is the Functions of Management?
- Optimizes utilization of resources
-Minimizes wastages
-for expansion and diversification
-Reduces absenteeism and turnover
What are the Four Management Theories?
1 - bureaucratic theory
2 - scientific management
theory
3 - Behavioural Management theory
4 - Human relations Theory
Regard to employees having a more
satisfying life, and they can solve conflicts through a process of
democracy and conversation.
HUMAN RELATIONS THEORY
Uses the concept that all approaches to the workplace
should be in the best interest
of both company and workers
BEHAVIOURAL MANAGEMENT THEORY
It helps to improve an organization’s level of
task completion through scientific, engineering,
and mathematical analysis.
This theory can be used in learning
organizations due to its ability to be
mathematically savvy to produce the best
results for an institution.
SCIENTIFIC MANAGEMENT THEORY
Relates to the formal
hierarchy in which many
tasks are delegated to
individuals and departments
BUREAUCRATIC THEORY
The set of general rules that guide the
managers to manage an organization
.Theories are an explanation to assist employees in effectively relating to the
business goals and implementing
effective means to achieve the same
.
MANAGEMENT THEORIES
