BBAR-101 PRINCIPLES OF MANAGEMENT. Syllabus. BLOCK 1: INTRODUCTION TO MANAGEMENT. UNIT 1: NATURE AND FUNCTIONS OF MANAGEMENT.
University: Kannur University ; OBJECTIVE: To introduce general principles of management and their ; relevance to hospital administrators and to bring awareness.
❖ The aims of the course are to understand the basic principles of management and the four major functions of managers - e.g. planning, organizing, leading and.
Project management: Project management skills involve scheduling and facilitating meetings, creating project schedules, allocating resources and Page 16 10 .
Managerial - planning, organizing, commanding, coordinating & controlling. Fourteen Principles of Management By Henri Fayol. 1. Division of Work-. Henri.
The objective of the course is to provide an understanding of basic concepts, principles and practices of management. The aim is to inculcate the ability to.
Integrates the study of management principles with the development of leadership, teamwork, and interpersonal skills. Topics include the planning, organizing.
Integrated materials management. Purchasing - procedure - principles - import substitution and import purchase procedure. Vendor rating - Vendor development .
In this course, you will explore the tasks that today's managers perform and delve into the key knowledge areas that managers need to master in order to run.
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From Principles of Management
Directing is important because it initiates action by converting plans into actual performance. It helps in integrating efforts of individuals through leadership and communication, improves morale and motivation by encouraging employees, and facilitates change by guiding people to accept new policies and methods. Proper directing also maintains discipline and ensures effective utilisation of resources.
Top level management performs strategic functions such as framing vision/mission and long-term objectives, formulating policies and strategies, and taking major decisions regarding expansion, investments and allocation of key resources. It coordinates the overall activities of the organisation, builds relationships with external stakeholders and ensures that the organisation adapts to environmental changes.
Planning process: (1) setting objectives, (2) developing planning premises/assumptions, (3) identifying alternative courses of action, (4) evaluating alternatives, (5) selecting the best alternative, (6) formulating detailed plans and sub-plans, (7) implementing plans through allocation of resources and responsibilities, and (8) follow-up and review for revisions.
Types of plans: Plans can be standing plans and single-use plans. Standing plans are used repeatedly and include policies (general guidelines), procedures (step-by-step methods) and rules (specific directives). Single-use plans are prepared for specific situations and include programmes/projects and budgets. Plans can also be classified as strategic (long-term, prepared by top management), tactical/functional (departmental plans) and operational (day-to-day plans).
Examples: A credit policy is a standing plan; purchase procedure is a standing plan; “no smoking” is a rule; a marketing campaign programme is a single-use plan; a cash budget is a numerical plan for a period.