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LEVELS OF MANAGEMENT
The term level means arrangement of persons in a series. Thus the term level
of management refers to the arrangement of managerial positions in an
organization. There is no fixed number of management levels for a particular
organization. It all depends on the size, technology and the range of
production of the organization. Moreover, the number of management levels
cannot be increased to an unlimited extent as:
SCIENTIFIC MANAGEMENT
At Midvale steel co Taylor was involved with developing one best way of
doing work. His focus was on maximization of worker productivity. His
approach includes
-Develop one best way of doing things
-standardize the method
-select the worker, best suited to perform the task
-Train them in most efficient way for performing the task
Taylor defined four principles of management
1. Develop a science for each element of an individual work, thus replacing
rule of thumb method
2. Scientifically select, train, teach&develop a worker
3. Cooperate with workers to ensure work in accordance with management
principles
4. Divide responsibility between management and labour:
Management plans, organizes&controls.Management takes over all work
for which it is better fitted than workers.
FUNCTIONS OF MANAGEMENT
1. Forecasting
2. Planning
3. Organizing
4. Staffing
5. Directing
6. Co-ordination
7. Controlling
8. Decision making