BA5102

Principles of Management

HBS > Professional Core > Principles of Management
Course ID
BA5102
Level
Post Graduation
Semester
Semester I

OBJECTIVES:
• To familiarize the students to the basic concepts of management in order to aid in understanding how an organization functions, and in understanding the complexity and wide variety of issues managers face in today’s business firms.

UNIT I INTRODUCTION TO MANAGEMENT
Organization- Management- Role of managers- Evolution of management thought- Organization and the environmental factors- Managing globally- Strategies for International business.

UNIT II PLANNING
Nature and purpose of planning- Planning process- Types of plans- Objectives- Managing by Objective (MBO) strategies- Types of strategies – Policies – Decision Making- Types of decisionDecision making process- Rational decision making process- Decision making under different conditions.

UNIT III ORGANISING
Nature and purpose of organizing- Organization structure- Line and staff authorityDepartmentation- Span of control- Centralization and decentralization- Delegation of authorityStaffing- Selection and Recruitment- Career development- Career stages- Training- Performance appraisal

UNIT IV DIRECTING
Managing people- Communication- Hurdles to effective communication- Organization cultureElements and types of culture- Managing cultural diversity.

UNIT V CONTROLLING
Process of controlling- Types of control- Budgetary and non-budgetary control techniquesManaging productivity- Cost control- Purchase control- Maintenance control- Quality controlPlanning operations.

TOTAL: 45 PERIODS

OUTCOMES:
i) The students should be able to describe and discuss the elements of effective management, ii) discuss and apply the planning, organizing and control processes, iii) describe various theories related to the development of leadership skills, motivation techniques, team work and effective communication, iv) communicate effectively through both oral and written presentation.

REFERENCES:

  1. Andrew J. Dubrin, Essentials of Management, Thomson Southwestern, 9 th edition,2012.
  2. Samuel C. Certo and Tervis Certo, Modern management: concepts and skills, Pearson education, 12th edition, 2012.
  3. Harold Koontz and Heinz Weihrich, Essentials of management: An International & Leadership Perspective, 9th edition, Tata McGraw-Hill Education, 2012.
  4. Don Hellriegel, Susan E. Jackson and John W. Slocum, Management- A competency-based approach, Thompson South Western,11th edition, 2008. 5. Heinz Weihrich, Mark V Cannice and Harold Koontz, Management- A global entrepreneurial perspective, Tata McGraw Hill, 13 th edition, 2010. 6. Stephen P. Robbins, David A.De Cenzo and Mary Coulter, Fundamentals of Management, Prentice Hall of India, 2012.