Module -4 Pom
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Transcript of Module -4 Pom
8/13/2019 Module -4 Pom
http://slidepdf.com/reader/full/module-4-pom 2/51
Planning and organization provide foundationto the organization and direction initiatesaction by its workforce towards achievementof its goals.
Having appointed to the work force managersensures they work to achieve theorganizational standards of performance andin course of doing so satisfying their personel
needs & wants. They work as a catalysts for achieving
organizational & individual goals.
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“Directing is a managerial function that involvesthe responsibility of managers for
communicating with others what their roles arein achieving the company plan”
“Getting all the members of group to want andto strive to achieve objectives of the enterprise
and of the members because the memberswants to achieve these objectives”
Skills for directing :1) Diagnose
2) Adapt3) communicate
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Process of action Ongoing process
Not supported by rules
Directing is situational Behavioral science
Understanding the group behavior
Participative in nature
Pervasive
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Initiates action Creation of sound work environment
Development of managers
Behavioral satisfaction Increase in productivity
Achieves coordination
Facilitates control
Facilitates growth
Facilitates change
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Appropriate selection of employees Participation
Communication
Counseling and guidance
Unity of command Unity of direction
Synthesis of conflicting objectives
Direct supervision
Contribution Use of informal organization
Follow-up
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Supervision function
Leadership function
Communication function
Motivation function
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Effective plan, organizational structures,effective directions and intelligent staff can noteffectively work if organizational activities cannot controlled scientifically and deviations
always arises. Controlling can not preventdeviations, it can only minimize them by takingactions that reduce their recurrence.Controlling is taking steps to ensure that actualperformance conforms to planned performance, by preventing deviations and taking correctivemeasures to reduce their recurrence.
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“controlling is the measurement and correctionof performance in order to make sure thatenterprise objectives and the plans devised toattain them are being accomplishment”
“controlling is determining what is beingaccomplished that is evaluating the
performance and if necessary, applyingcorrective measures so that performance takeplace according to plan”
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It is an pervasive function It is a process
It is an inevitable function of management
It is closely associated with all managerialfunctions
It is a corrective devise
It is a positive function
It is a means not an end
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It helps in detecting mistakes It helps in managing complex situations It helps managers face change and
uncertainties It helps managers in monitoring the actions
of employees It facilitates delegation It facilitates decentralization Coordination Psychological impact
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Feed forward control Concurrent control
Feed back control
-quality and quantity controls-financial controls
-control on employee’s performance
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no
yes
Establishstandards
and
methods ofmeasurem
ent
Measure
performance
Doesperform
ancematchwith
standards
Takescorrectiv
actions
Do nothing
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Types of standards :- Time standards
- Production standards
- Cost standards- Quality standards
- Behavioral standards
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Participative standards
Positive responses during evaluation
A coaching rather than directive role ofsupervision
Management by objectives
Human resource accounting
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Inaccurate controls Excessive controls
Unachievable standards
Fear of accountability Unpredictable standards
Lack of authority over area of control
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Explain the need for control Change the attitudes of workers
Realastic control
Reasonable standards of performance Revaluation of control
Focus of attention
Participation of employees
Range of control Flexible control
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Budget as a control devise
Profit & loss control
Control through return on investment
Management audit and accounting firms
Bureaucratic and clan control
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“A budget is a statement showing futureincomes, expenditures and profits of the firm”
“It is the process of stating in quantitativeterms, planned organizational activities for agiven period of time”
It is a future projection of the firm’s financialposition
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Standards of performanceBudget facilitate planning
Basis for coordination
Motivation & job satisfactionFacilitates control
Facilitates delegation of authority
Financial planning
Optimum utilization of scarce resources
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Overspending Inflexibility
Projection of future
Hindrance to innovation & change Overemphasize on budgeted goals
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In budgeting past performance generallyprovides basis for future performance but zerobase budget does not follow this norm.
In zero base budgeting it assesses its currentyear’s activities, corelates them with its goalscarries cost benefit analysis of each activities
and allocates fresh recourses to each activity
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Justification made on current & futurecondition
Activities are ranked on the basis ofimportance
Allows freedom to managers
Involvement at all levels promotesparticipation in planning
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Information technology has promoted thedevelopment of MIS.
Management information system is an
integrated, user machine system for providinginformation to support operations, managementand decision making functions in anorganization
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A computer may be defined as a devise, whichoperates upon data which comes in variousshapes and sizes depending upon the types ofcomputers
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Main frame computer :
Mini computer :
Micro computer/ personal computer :
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Top level: for retrive information from database for facilitating the application ofdecision models
Middle level: computers facilitatescommunication among different levels oforganization
Lower level: computers are used for
scheduling, daily planning and controlling atthe lower level management
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Data management :
Data analysis :
Word processing :
Communication :
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Resistance to use computers : Speech recognition device :
Telecommuting :
Computer networks : Internet :
Information security :
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Electronic commerce commonly known as e-commerce refers to the buying and selling ofthe products or services through electronicsystems such as internet and other computer
networks.The amount of trade conducted electronicallyhas grown extraordinarily with wide spreadinternet usage.
electronic fund transfer, supply chainmanagement, internet marketing, onlinetransactions etc..
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It is a common measure of how well acountry, industry or business unit is using itsresources in its broad sense, productivity isdefined as …
productivity = Outputs/inputs
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Partial productivity
Total factor productivity
Total productivity
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Inventory planning & control Just in time
Outsourcing
Operation research Value engineering
Work simplification
Quality circle
Total quality management Computer aided techniques
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Economic environment Political environment
Legal environment
Social environment Demographic environment
Natural environment
Technological environment
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Globalization means integration with the worldeconomy. In simple economic term it refers tothe process of integration of the world into onehuge market.
In a business globalization means two things :1, the company commits itself heavily withseveral manufacturing locations around theworld and offers products in several diversified
industries.2, it also means ability to compete in domesticmarket with foreign competitors.
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Historical tendencies :
Conceptual tendencies :
Modern tendencies :
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System’s approach to management
Conceptual or situational approach tomanaging :
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Popularity & use of principle of management :
Operational school of management :
Confluence of leadership & motivationalconcept :
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MNCs management practices
Case study approach to management education
Emphasis on behavioral approach to management
Professionalization of management
Technological revolution
Environment of global competition
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Multiplicity of roles
No average person
Importance of personal dignity
Consideration of the whole person
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The word create denotes originating orconceiving an idea or a thing that did not existbefore..
Creativity generally refers to the social processinvolving the generation of new ideas orobjects into something new..
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Act
Process
Object
Person
environment
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Convergent thinking
Divergent thinking
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Challenging work
Supportive supervision
Organizational & work group culture
Workload pressure and resources
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Experience
Assumption
Judgment
Right answers
Fear of failure
Conformity
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Preparation
incubation
illumination
verification
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Brain storming
Group discussion
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Innovation means a new way of doingsomething.it may refer to the incremental,radical and revolutionary changes in thinking,product, services ,processes or organizations
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Technological innovation
Organizational innovation
Social innovation
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Individuals
Firms
Universities
Government funded research
Private non-profits
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Harmonizing the need of individuals with thedemand of enterprise through leadingfunction is the most significantsynchronization of organizational features
and individual needs.. It is a essence of directing , harmonizing
objective means establishing concurrencebetween personal goals and organizational
goals of the member of organization.