Principles and Management

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National Institute of Business Management

Chennai - 020

FIRST SEMESTER EMBA/ MBA

Subject : Principles and Practices of Management

Attend any 4 questions. Each question carries 25 marks


(Each answer should be of minimum 2 pages / of 300 words)

1. Explain the various functions of the management.


Ans:- We have defined management as a process to
achieve organizational goals. A process is a set of activities
that are ongoing and interrelated. Ongoing means that the
activities are not done in a linear, step-by-step fashion where
responsibility is passed from one activity to the next.
Instead, the activities are continued as new activities are
started. Management refers to the activities, and often the
group of people, involved in the four general functions:

1.Planning
2.Organizing
3.Staffing
4.Directing
5.Controlling
PLANNING:-
It is the ongoing process of
developing the business's mission and objectives and
determining how they will be accomplished. Planning
includes both the broadcast view of the organization,
e.g. it's mission, and the narrowest, e.g. a tactic for
accomplishing a specific goal.
ORGANIZING:
Organizing is an essential function of management. It is
the process of accumulating resources from different
sources in order to work according to the plans laid out
by the management.
STAFFING:
It is function in which qualified people are appointed to
different posts relating to their skills and strengths. The
activities included in this function are recruiting, hiring,
training, evaluating and compensating.
DIRECTING:
Directing is a function that comes after staffing of the
organization, it is the function in which the management
is supposed to lead, direct to a specific goal and
motivate the employees for the achievement of any
objective, big or small.
CONTROLLING:
It is a function in which the performance of the
organization is measured and then evaluated after which
the standard observed is determined to be either good
or bad, which then in turn leads to taking preventive and
corrective measures.

2. What is Organizational Dynamics? Explain.


Ans:- Organizational dynamics refers to the
patterns of movement over time in the interactions
between the people who are the organization, the
community of practice. Such patters could be
described, for example, as regular patterns of
dependence and conformity, or as irregular
patterns of aggression and noncompliance
An organization is defined as a group of two or
more individuals who work together to accomplish
something that typically cannot be accomplished
alone. OD is described as how people function
together to accomplish a task. The level of
operational success is said to be determined by the
behavioral nature of organizations--individuals'
roles, interpersonal relations, and group dynamics,
and how they all react when brought together.
ELEMENTS OF DYSFUNCTION
1) The first dysfunction is an absence of trust among
team members. Essentially, this stems from their
unwillingness to be genuinely open with one another,
making it impossible to build a foundation of trust.

2) This failure to build trust is damaging because it sets


the tone for the second dysfunction: fear of conflict.
Teams that lack trust are incapable of engaging in
unfiltered passionate debate, resulting in guarded
comments.

3) A lack of healthy conflict is a problem because it


ensures the third dysfunction: lack of commitment.
Without airing opinions in the course of open debate,
team members rarely or never buy-in and commit to
decisions.

4) This lack of buy-in creates an avoidance of


accountability. If there is no commitment to a clear plan
of action, even the most focused people will hesitate to
call their peers on counterproductive behavior.
5) Failure to hold one another accountable creates an
environment where the fifth dysfunction can thrive.
Inattention to results occurs when team members put
their individual or division needs above the collective
goals of the organization.

3. Discuss the classical principles of good Management.


Ans:- Management is essential to any organization
that wishes to be efficient and achieve its aims.
Without someone in a position of authority there
would be organizational anarchy with no structure
and very little, if any focus. It has been said that
management has four basic functions – planning,
organizing, leading and controlling.
Common sense dictates that without these
principles of management being in place an organization
would have trouble achieving its aims, or even coming
up with aims in the first place! A classic theory on the
principles of management was written by Henri Fayol. It
seeks to divide management into 14 principles. We’ll
take a look at these basic principles of management and
explain them in easy to understand terminology.

Principles of Good Management Practice


Provide Direction: Managers will be committed to
providing leadership and direction; demonstrating good
governance to facilitate change and achieve results.
Facilitate Change : Managers will innovate and
manage change in a way that meets the needs of
Habinteg and demonstrates continuous improvement.
Work with people : Managers must be able to build
relationships, develop networks and partnerships and
communicate with staff members respectfully.
Use Resources effectively: Managers will effectively
and efficiently use resources, products and services;
maximise skills and abilities technology and information.
Achieve results: Managers will help to lead business
operations and projects and ensure that we meet our
KPIs and stakeholder requirements.
Standards of Management and Leadership
 Managing self and personal skills

 Providing direction

 Facilitating change

 Working with people

 Using resources

 Achieving results

What is grouping explain its significance?


4.
Ans:- A Group is basically an assemblage of people. It
can be understood as a collection of individuals (two or
more), who come together and interact with each other,
so as to achieve the objectives of the organization.
These are the foundation of an organization.
Characteristics of Groups

Size: To form a group, it must be having at least two


members. Practically, the number of group members
ranges from 15 to 20. The more the members in the
group, the more complex it is to manage.
Goals: Every group has certain goals, that are the

reasons for its existence.

Norms: A group has certain rules, for interacting with the

group members.

Structure: It has a structure, based on the roles and

positions held by the members.

Roles: Every member of a group has certain roles and

responsibilities, which are assigned, by the group leader.


Interaction: The interaction between the group members

can occur in several ways, i.e. face to face, telephonic, in


writing or in any other manner.

Collective Identity: A group is an aggregation of

individuals, which are separately called as members, and


collectively called as a group.

The significance of the group can be elaborated


under the following points:

1 Focus on achieving common objectives :


Whatever type of group is formed their main aim would be to
achieve their common objectives. Each individual in the
group puts in his own expertise, knowledge for the
attainment of the group objectives this means pooling in of
lot of ideas and this helps in simplifying the procedure of
performing the task which intern will lead to achieving the
objectives on time and efficiently.

2 Teamwork : In today's fast moving world it has become


imperative to work as a team to attain common objectives.
Teamwork leads to sharing information, the team members
bring different perspectives, ideas, experiences and greater
knowledge, helping each other with task assigned and
ultimately reaching the goals set by the organization and the
team itself. Working as team also helps one to develop
his/her personality and gives the confidence to perform the
task meticulously. It also encourages people to increase their
output. It is at times also helpful to resolve the conflicts that
might arise during the work.
3. Leadership made easier : Each an every group or
team will have a leader or a manger which will give
guidance, direct and explain the tasks to be achieved. For
him it becomes easier in a group to explain things rather
then explaining it to each and every individual separately.
The group leader and other...

25 x 4=100 marks

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