homepage - Stylist Magazine. Retrieved March 11‚ 2013‚ from http://www.stylist.co.uk/people/angela-merkel#image-rotator-1 Mills‚ C. (2008). Angela Merkel. New York: Chelsea House Reddy‚ V. (n.d.). German Legend Angela Merkel ’s Success story - Posdcorb. Posdcorb. Retrieved March 12‚ 2013‚ from http://www.vamsinathmba.com/2012/08/german-lezand-angela-merkels-success.html Smitha‚ F. E. (n.d.). Catherine the Great‚ Russian Empress. MacroHistory : World History. Retrieved March 12‚ 2013‚ from http://www
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are four fundamental functions of management i.e. planning‚ organizing‚ actuating and controlling”. According to Henry Fayol‚ “To manage is to forecast and plan‚ to organize‚ to command‚ & to control”. Whereas Luther Gullick has given a keyword ’POSDCORB’ where P stands for Planning‚ O for Organizing‚ S for Staffing‚ D for Directing‚ Co for Co-ordination‚ R for reporting & B for Budgeting. But the most widely accepted are functions of management given by KOONTZ and O’DONNEL i.e. Planning‚ Organizing
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develop ideas which were universally applicable. In this process they developed Principals of Organisation/management that according to them were universally applicable to all the organizations‚ for 14 example principles developed by Henry Fayol‚ POSDCoRB. The idea behind these principals to improve performance and productivity of organization. (ii) The Scientific Management Movement Frederick W. Taylor called his ideas of management ‘Scientific Management’. He advocated parity
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Max Weber –(writing on bureaucracy) a leader possessed power by virtue of his position (1922) • Mary Parker Follett – participatory management in “power with” as opposed to “power over ” (1926) Luther Gulick Notes on Organization ‐‐ 1937 • Work of the Executive • POSDCORB – Planning – Organizing – Staffing – Directing – Coordinating – Reporting – Budgeting Leadership Leadership – a new definition • Chester Barnard – 1938 new definition of leadership The ability of a superior to influence the behavior of subordinates and persuade them
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8 Notes on the Theory Lutlter Gulick Every large-scale requires manv of Organ ization or co-mplicared enrerprise a box. Ir might take two days to do the iob. forrurd. o..in"rrria‚..".*irlamake5OOpairsof men ro carry it ‚r’e"‚‚ a‚l’i‚ l‚’ru;:F:m$#^i* ’’i"iilr* b. po‚‚iurJio ai. ffi:n;ul .r.‚r ar‚rir‚." "ii.rr. ‚*;;;h.r";.;I ;$i:rL;im:XF"f#;:; ::;; :1}i u:i:t’n r p :;*;:l;* l*: era::;;j ;* d# ;: :l’:; ;: i 1:: i;i? upon the work-div*‚""-r"‚‚‚ ‚t u ‚1; posed enrerprise. our‚ at rhe same rime
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Effectiveness and efficiency are mutually exclusive things. For a manager‚ they are both fundamental preconditions. Being effective means that one is able to properly analyse the evolving environment and selecting the right things as the areas of strategic focus for the enterprise. On the other hand‚ being efficient requires a carefully carved cultural and operational framework which helps the manager to achieve a particular degree of success‚ given the level of resources applied to a particular
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the subject matter‚ the technical knowledge How- the technique of management Managerial View: Simon‚ Smithburg and Thompson subscribe to it. According to this view‚ the work of the managers constitutes administration. Scope o Luther Gulick: POSDCoRB o Pfiffner divided the scope in to two heads: Principles of PA and Sphere of PA Principles of PA: o Organization: structuring of individuals and functions in to productive relationship. o Management of personnel-direction of these individuals
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Job Job is an activity through which an individual can earn money. It is a regular activity in exchange of payment. a post of employment; full-time or part-time position. Education or Special training may or may not be required. Short term Career a person’s progress or general course of action through life or through a phase of life‚ as in some profession or undertaking One’s life work Usually requires special training Long term Security Self confidence Predictability A path to look forward
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Circuit Theory William Ouchi Search Custom Search Management Gurus Management Theories 80-20 rule Ansoff Matrix Blue Ocean Strategy Deming Cycle ERG Theory Force Field Analysis Hawtorne Effect Linking Pin Model Porter ’s Five Forces POSDCORB Quality Circles Socratic Problem Theory X and Y Wealth of Nations More Theories... William Ouchi William G. Ouchi (born 1943) is a researcher in the field of business management‚ an American professor and the author of famous management book
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Management School of Thought: During the present century‚ certain schools of management thought have developed. Each school reflects the problems of the period during which they were popular. Herold Koontz was the first who have attempted to classify the various approaches on the management in the schools of management theory. Based on the writings of some of the scholars and Koontz‚ the management thoughts‚ have been classified in the following schools of management theory. a) Management Process
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