Principles of Management

Unit No.

Unit Title

Contents

1

Nature of

Management

Meaning & Importance, Functions, Role of Managers, Management as an Art, Science, Profession and a Social System, Concept of Management, Administration, Organization & Universality of Management.

2

Evolution of

Management

Thoughts

Concept of Managerial Thoughts, Contribution of Frederick Taylor, Elton Mayo, Henry Fayol and Peter Drucker, Management Ethos (Indian ) and Different Styles for Example (J.R.D Tata, Dhirubhai Ambani, N. R. Narayana Murthy, Verghese Kurien).

3

Major Managerial

Functions

Forecasting: Meaning, Need Types, Methods, Advantages, Merits, Disadvantages, Planning: Meaning, Need, Types, Methods, Advantages, Merits, Disadvantages, Organizing: Meaning, Concept, Delegation of Authority: Meaning, Importance Decentralization: Concepts, Meaning And, Importance, Decision Making: Types, Process, and Techniques Directions Nature and Principles and Motivation: Meaning, Importance, Nature, Principles, and Theories, Controlling: Meaning, Needs, Process, Techniques.

4

Recent Trends in

Management

Management of Change, Management of Crises, Total Quality Management (TQM): Meaning, Merits, Demerits, Stress Management. (Principles, Concepts Merits), Knowledge Management: Meaning, Merits, Demerits, Outsourcing: Meaning, Merits, Demerits.