Archive for the ‘mindmapping’ tag
Define Conceptual Design Process
MANAGEMENT PROCESS & MANAGERIAL ROLE
MANAGEMENT PROCESS What is management? What do managers do? What challenges do managers at different levels face?
Management may be defined as a process whereby scarce resources (human, material, & financial) are combined to achieve organizational goals. Without management, people would pursue their own objectives independently and this would lead to waste & inefficiency.
Concept of Mgmt & its Significance:
“Management is art and science of decision-making &leadership”-D.J.Clough Mgmt is art of getting things done through &with people in formally organized groups.-Koontz
Management is getting work done through others. Managers have to be concerned with efficiency and effectiveness in the workplace. Efficiency is getting work done with a minimum of effort, expense, or waste. Effectiveness is accomplishing tasks that help full organizational objectives, such as customer service and satisfaction.
Mgmt consists of all organizational activities that involve goal formation & accomplishment, performance appraisal, and the development of an operating philosophy that ensures the organizations survival within the system. -W.J.Duncan
Mgmt is the coordination of all resources through the process of planning, organizing, directing & controlling in order to attain stated goals. -Henry L. Sisk
Significance:
1. Mgmt determines the objective of any organization. 2. It is required from family to nation. 3. It achieves objectives of any organization. 4. It coordinates the individual efforts into a team. (1+1=11) Result of Team Efforts 5.It ensures efficient use of resources. 6. It deals with human behavior under dynamic conditions. 7. It is crucial in economic & social development. 8. It is concerned with Ideas, Things and People. 9. Its presence in the form of results can be felt.
Management of Ideas: Creativity implies generating of new ideas & innovation means transforming ideas into viable realities & utilities.
Management of Things: It refers to the mobilization, allocation & deployment of materials, machinery, technology & other facilities to convert ideas into results & performance.
Management of People: It means procurement, development, maintenance, & integration of human working in the organization.
Managerial Roles:
1. Figurehead- Making Speeches, bestowing honors, welcoming officials, visitors etc 2. Leader- Motivator 3. Liaison- Maintains mutually beneficial relations with other organizations, governments, industry groups etc. 4. Monitor/Controller 5. Disseminator- Calling staff meeting & transmitting information & judgment to the members of organization, forwarding mail etc. 6. Spokesman 7. Entrepreneur-Ex. Manager Launching a feasibility study for setting up a new plant. 8. Disturbance Handler 9.Resource Allocator- Approves budgets & Schedule & sets priorities & distributes resources. 10. Negotiator-Negotiates with suppliers, dealers, trade unions etc.
Managerial Skils:
1. Technical Skill-Operating Mgmt level. 2. Human Skills-Ability to work effectively with other people both as individual & as member of a group. (Middle Mgmt Level) 3. Conceptual Skills- It comprises the ability to see the whole organization & the interrelationships between its parts. (Top Mgmt Level) 4. Diagnostic Skills- It is the ability to cut through unimportant details & quickly get to the heart of the problem ie. Logical thinking, analytical reasoning & creativity.
Functional Areas of Management:
1. Production Management-It includes producing right goods, in right quantity, at the right time and at the right cost. I. Designing the product II. Location & Layout of Plant & Building III. Operation of Purchase & Storage of Materials IV. Planning & Control of Factory Operations V. Repairs & Maintenance VI. Inventory Control & Quality Control VII. Research & Development etc.
2.Marketing Management- I. Marketing Research to determine the needs & expectation of costumer II. Planning & Developing suitable Product III. Setting appropriate Prices IV. Selecting right channels of distribution V. Promotional activities like Advt. & Sales
3.Financial Management- I. Estimating the requirement of funds for long/short term II. Selecting appropriate sources of funds III. Raising required fund at right time IV. Ensuring utilization & allocation of funds to maintain safety & liquidity of funds & creditworthiness V. Proper administration of earnings
4. HRM(Personnel Management) I. Manpower Planning II. Recruitment III. Selection IV. Training & Development V. Appraisal VI. Compensation & Promotion VII. Employee Services & Benefits VIII. Personal Records & Research etc.
Classification of Managerial Functions:
Planning- Forecasting, Decision-Making, Strategy Formulation, Policy Making, Programming, Scheduling, Budgeting, Problem-Solving, Innovation, Investigation & Research.
Organizing- Fictionalization, Departmentalization, Delegation, Decentralization, Activity Analysis, Task Allocation
Staffing- Manpower Planning, Recruitment, Selection, Training, Placement, Compensation, Promotion, Appraisal etc.
Directing- Supervision, Motivation, Communication, Leadership, etc
Controlling- Fixing Standards, Recording, Measurement, Reporting, Corrective Action etc.
About the Author
About the Author:
Name of Author is Ajay Kumar Sharma. He is presently working as Head, Department of Management with Boston College for Professional Studies, Gwalior .He is an expert Career Counselor, Personality Development Trainer, Yoga and Reiki Teacher and Job Placement adviser.He is M.Sc. Physics & MBA (HRM & Marketing).. He has done certificate courses in Export Management and also in Entrepreneurship Development.Beside being a Reiki Master, He has also done Diploma in Yogic Science and Yoga Therapy. He has to his credit more than 100 articles published in various newspapers and magazines of national repute. His talks are aired on Akashvani and Big FM.
Composites Automotive BIW Design to Manufacturing