Principles and Practices of Management

Management- Concepts, Functions, Significance of management, Management and administration, Levels of management. Principles of management- Henry Fayol and F.W Taylor, Approaches / schools of management thought – Classical, Neo-Classical and Modern.

Planning- Concept, Nature, Processes, Types, Significance of planning, Planning process, Management by Objectives.

Decision Making- Meaning, Significance, Types of decisions, Process of decision-making, Techniques of decision-making.

Organization- Concept, Importance, Process of organizing, Principles of Organization, Types- Formal and Informal. Organization Structure-Types of Organization Structure-line, line and staff, functional, project, matrix and committee. Delegation and Decentralization of Authority

Controlling- Concepts, Features, Steps of controlling, Importance, Techniques.

Motivation- Meaning, Types of motivation, Importance, Theories of motivation-Maslow’s need-hierarchy theory, McGregor’s theory X and theory Y, Herzberg motivation-hygiene model, Victor-vroom expectancy model. William Ouchi’s motivation theory.

Leadership- Definition, Importance, Difference between leadership and management, Functions of a leader, Styles of Leadership-autocratic, participative and free-rein, Theories of leadership-trait theory, behavioural theory-Likert’s system of management, Blake and Mouton’s Managerial Grid and Tannenbaum and Schimidt’s Continuum of leadership style and situational theory- Fiedler’s Contingency Model.