Managerial Skills | Principles Of Management

Managerial Skills | Principles Of Management A managerial skill is an ability of managers to make a business decision and lead subordinates within a organizations to perform tasks efficiently and effectively. Simply we can say managerial skills is the knowledge and ability of the manager to carry different activities and make a reliable decision during […]

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Organizational Change

Organizational Change, Forces of Organizational change,Planned change, process of planned change Organizational change: Change is one of the most challenging events an organization will go through. This lesson describes the steps of the planned changed process, which include recognizing the need for change, developing change goals, appointing a change agent, assessing the current climate, developing […]

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Leadership

Leadership,  Characteristics,  functions,  Traits/Qualities of Good Leaderdhip,  Styles of Leadership, Approaches to leadership(Trait Approaches to leadership,Behavioral Approaches to leadership, The Ohio State Studies, The Managerial Grid, Situational Approaches to leadership ,Fiedler Model. Leadership: Leadership is the ability to influence the behavior and performance of an individual or group of individuals towards the achievement of common […]

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Introduction to Management

Introduction to Management,Characteristics,Process,Principles,Manangerial levels,Manangerial skills, Managerial roles,Emerging management issues and challenges. Definition of Management and its functions Management is the process of reaching organizational goals by working with and through people and other organizational resources. Management has the following 3 characteristics: It is a process or series of continuing and related activities. It involves and […]

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Decision Making

Decision Making Decision-making has great importance for success of organization in contemporary management system. Managers have to take critical decisions at every stage. Decision-making pervades through all managerial functions such as planning, organizing, staffing, directing and control. In planning for example manager decides what to produce, where and when and in organizing manager decides about […]

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Management | Principles Of Management

Management Theories ,Evolution of management thoughts,Contemporary perspective of management Evolution of Management Thoughts: Management is studied in business academics since earlier times and it is considered as an integral part to understand business operations. People have been changing and redesigning organizations for centuries. Though the 20th century is noticeable in history as an ‘Era of […]

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Planning

Planning,Nature of planning,Types of planning,Process of planning,Barriers of planning Planning: Planning is the primary function of management. It is the important process of deciding business objectives and charting out the method to accomplish these goals. This includes decision of what type of activity is to be done, where to be done and how the results […]

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Scientific Management | Principles of Management

Scientific Management: Scientific Management, also called Taylorism, is a theory of management that analyzes and synthesizes workflows. Its main objective is improving economic efficiency, especially labor productivity. It was one of the earliest attempts to apply science to the engineering of processes and to management. Frederick Winslow Taylor (1856-1915) Frederick was an American inventor and […]

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