Saint Joseph College

Maasin City, Southern Leyte

HRM EL 1- MANAGEMENT

Prepared By:
M A RV I L . M AT U R A N , L P T, M B A
Instructor
Course Description:
This is the introductory course in management.
The course is designed to provide students with an
overview of the management functions and its role
in organizations and society. The course aims to
provide students with the basic managerial
knowledge necessary for Business students. The
course focuses on providing students with
analytical, developmental, managerial and
technical skills that relate to managerial positions
in organizations.
This course is an introduction to the critical
management skills involved in planning,
organizing, controlling, leading and decision
making in an organization. It provides a
framework for understanding issues involved in
both managing and being managed, and it will
help you to be more effective contributor to
organizations that you join. This course develops
a “systems” view of organizations that examine
organizations as part of a context, including but
not limited to environment, strategy, structure,
tasks, people and outputs.
Grading System:

Each student shall be assessed on the

following:
Pre-Midterm/Pre-Final Examination 25%
Midterm/Final Examination 30%
Attendance/Class Participation 25%
Quizzes/Assignments 20%
Total 100%
Learning Outcomes:

At the end of the semester, the students must be

able to:
1. Define Management
2. Know the Nature and Characteristics of Management
3. Differentiate Management and Administration
4. Know the Areas and Levels of Management
5. Understand the terms FIFO and LIFO
6. Enumerate different skills of a manager
7. Distinguish between Managers and Executives
8. Identify the different process of Management
Module 1

Lesson 1: Introduction to
Management
 Lesson 1:

INTRODUCTION TO ENTREPRENEURIAL MANAGEMENT

I. OBJECTIVES
At the end of the lesson, you should be able to:
1. Understand the importance of Management
2. Enumerate the different characteristics of
Management
3. Differentiate Management and Administration
II. IMPORTANCE OF MANAGEMENT

1. Achievement of group goals

2. Optimum utilization of
resources
3. Minimization of cost
4. Survival and growth of
business
5. Generation of employment
6. National development
WHY WE STUDY MANAGEMENT?
 To enhance the understanding of events/
activities, challenges and skills that will give
meaning to our future work experience and
careers as managers or other professional
careers we may choose.
 Make us become effective manager who will
be able to help the organization achieve a
high level of performance through the
utilization of its human and material
resources.
 WHY WE STUDY MANAGEMENT?

 Equip ourselves with effective management theories

and practices that can be applied to all types of
organization and any occupational settings we may
choose to be in the future.
 Make us to become effective managers who will be able
to detect and locate problems to be solved, thus making
good decision about appropriate solution and utilizing
organizational resources effectively to implement these
solutions.
WHY WE STUDY MANAGEMENT?

 Enable us to assess the future, make plans

for it, thus acting as good planners.

 To be responsible and accountable for

employees to be in the same track towards
accomplishment of organizational goals.
DEFINITION OF MANAGEMENT,
ORGANIZATION AND MANAGERS
MANAGEMENT:
Earlier definition by Mary Parker Follet – Management
scholar as: “The art of getting things done through people”.

Stoner - “The process of planning, organizing, leading and

controlling the efforts of an organization member and of
using all other organizational resources to achieve stated
organizational goal”.

Holt - “The process of planning, organizing, leading and

controlling resources in an organization.
 MANAGEMENT
 Is defined as a process of identifying problems and
threats and taking care of these problems and threats
in such manner that ultimately these turn out into
opportunities which could benefit the organization in
accomplishment of its objectives.

 It is merging quality and variety with cost that is

providing unlimited variety of goods, better quality
and at lowest price level to the customers.
 MEANING OF MANAGEMENT
1. As an activity
- getting things done through others being with them.
2. As a process
- a series of interrelated functions performed in all
organization.
3. As a discipline
- a subject of study drawing upon knowledge of others
disciplines. A young and growing discipline.
4. As a group
- a body of persons who perform the task of managing
organization. An elite group in the society.
CHARACTERISTICS OF MANAGEMENT
1. Management is Intangible
It cannot be seen. It is an unseen force. However, its
presence can be felt by the results of its efforts in the form of
production, sales and profits.

2. Management is Goal-Oriented
It seeks to achieve goals. These goals may be economic or
non-economic. In a business organization, the primary goal is to
produce and distribute goods and services in order to earn profit.
In a service organization, the goal might be a customer service
like hospitals, education, institutions etc.
CHARACTERISTICS OF MANAGEMENT
3. Management is Universal
It is an all-pervasive activity. The basic principles of
management are applicable in business as well as in other
organizations. These principles, however, need careful
application depending on situational demands.

4. Management is a Social Process

It is a social process because it deals with people first. To
make the best use of human efforts, managers have to create
close cooperation among employees in an organization. They
have to use resources for the benefit of society as a whole. They
have to look after the interest of employees, shareholders,
customers, investors, and community.
CHARACTERISTICS OF MANAGEMENT
5. Management is a Group Activity
It is concerned with getting things done through people.
People join groups in order to achieve results collectively.
Management helps people in realizing their individuals as well as
group goals in a coordinated manner.

6. Management is a System of Authority

A manager is supposed to get things done, rather than
doing things himself, by using authority. Authority is the right to
give orders and the power to obtain obedience from
subordinates.
CHARACTERISTICS OF MANAGEMENT
7. Management is an Activity
It is a distinct activity like playing, teaching, studying etc.
It can be studied, knowledge about it obtained and skills in its
applications are acquired.

8. Management is a Dynamic
It is dynamic and growth-oriented function. It tries to
visualize problems before they turn into emergencies and take
suitable steps. It tries to adapt itself to the environment
changes quickly. It proposes to take actions to make the desired
results to come to pass. According to Ducker, “Managers do not
wait for the future; they make the future.”
CHARACTERISTICS OF MANAGEMENT
9. Management is a Science as well as an Art
It is a systemized body of knowledge based on certain
principles capable of general application. The principles
underlying time and motion studies, morale, motivation,
leadership can be applied by persons working in various
capacities. Art is the application of knowledge and skills in order
to achieve results. Management is an art because it involves the
use of know-how and skills, just like any other art such as-music,
painting, etc. In recent years, management has developed into
a separate, distinct discipline, receiving vital inputs from
subjects such as psychology, sociology, anthropology,
economics, etc.
CHARACTERISTICS OF MANAGEMENT

10. Management is Transferable

Management practices in one area can be
transferred to other areas. For example,
operation research that emanated during the
Second World War to manage war logistics now
finds a place in business.
NATURE OF MANAGEMENT

1. It is a process
process means a systematic method of doing
some work. Management is recognized as a continuous
process. It is that process in which work is done with
others or it is got done from them. In order to achieve
the pre-determined objective a manager performs the
work of planning, organizing, staffing, leading and
controlling. A manager did these works in a continuous
order. So, it is a process.
NATURE OF MANAGEMENT

2. Group Efforts
management always efforts to group efforts and
does not apply to an individual. A group rather than
an individual can easily and effectively attain
management of an enterprise.
NATURE OF MANAGEMENT

3. It is a social process
management is called a social activity because
it is connected with the people working in a human
group and which requires organizing their efforts.
Any activity, which is connected with the people
living in society, is called a social activity. In this
context management is also described as a social
activity.
NATURE OF MANAGEMENT
4. Attainment of pre-determined objectives
group efforts in management are always directed
towards the achievement of some pre-determined objectives;
without objectives management would be difficult if not
impossible
5. Management has a distinct entity
in view of the widening scope of business it is not
possible for an owner to perform all functions himself. We can
say that specially qualified experts are needed for managing
the company.
 NATURE OF MANAGEMENT
6. Management is a universal activity
it is clear that management is not only connected with
business but also with non-business activities also, which is
also important. Management is everywhere.
7. Management as a profession
when we have recognized the distinct entity of management,
there should not be any doubt or hesitation to call it a profession.
The quality of a profession is that he must possess some special
qualifications or ability for which he is paid remuneration. The
knowledge of management is also a qualification and managers also
get their remuneration for it. Hence, management is considered a
profession.
 NATURE OF MANAGEMENT
8. Management is an intangible force
management is a force, which is not visible. It can only
be feeling or realized on the basis of the success of an
organization.
9. Management is a combination of multiple
functions
the basic function of management is to achieve the
objectives of the organization successfully. That is why a manager
has to perform various function like planning, organizing, staffing,
leading and controlling etc. hence management does not mean one
particular job but it happens to be a combination of various jobs.
NATURE OF MANAGEMENT

Conclusion:
Management fulfills several essentials of a
profession but like other professions management
does not restrict entry into managerial jobs, to
people with a special academic degree.
OBJECTIVES OF MANAGEMENT
□ Securing maximum results with minimum
efforts.

□ Maximum prosperity for employer and

employee.

□ Human better mere

□ Elimination of all types of waste

□ Economic growth

□ Social justice
III. MANAGEMENT versus ADMINISTRATION
Three prevalent concepts:
(i) American concepts: Administration is a higher-
level activity or system and management is lower.

(ii) English concepts: management is the higher-

level system and it has more power than
administration.

(iii) Modern concepts: According to it,

management and administration are synonymous.
III. MANAGEMENT versus ADMINISTRATION
In the modern scientific age of management this is the most prevalent and
accepted concept of management and it makes no difference between
management and administration
III. MANAGEMENT versus ADMINISTRATION
III. MANAGEMENT versus ADMINISTRATION
III. MANAGEMENT versus ADMINISTRATION
EVALUATION

What do you understand about these

quotations?
“The best way to predict the future is to create it.”
— Peter Drucker

“It takes 20 years to build a reputation and five minutes

to ruin it. If you think about that, you’ll do things
differently.”
— Warren Buffet