pgdmuniti2.pptx - Management Principles and organizational design Unit I Take a position Is there any one BEST way to manage Which is important to know

pgdmuniti2.pptx - Management Principles and organizational...

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Management Principles and organizational design Unit I
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Take a position Is there any one BEST way to manage? Which is important : to know the work or the worker?
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Goals of managers and organizations Aim of all managers should to be to create a surplus by establishing an environment in which people can accomplish group goals with the least amount of time, money, materials and personal dissatisfaction. For a non- business enterprise too, managers have to accomplish the task with minimum resources
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Advances in technology and trends in globalization Technology IT has witnessed rapid growth with more and more applications Globalization: saw an upsurge with WTO regulating the international rules
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Productivity, efficiency and effectiveness Productivity = inputs/outputs (within a time period, quality to be considered) Three ways of increasing Increase outputs Decrease inputs Increase output and decrease inputs
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Efficiency: the achievement of the ends
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