Managerial Skills

It is of three types. They are: Conceptual Skills  Human Skills  Technical Skills  Conceptual Skills: It is referred to as creative ability. It should be passed by top level management as the top level management involve in decision making of an industry. Conceptual skills includes knowledge about the product to be produced. It's marketing and financing and to look after weather the production is able to meet the required demand. Human Skills: It is primarily concerned with working by people. For the process of production, leadership, motivation, super vision, co-ordinations, control of workers is required. This skills are passed by all levels of management. As at each and every level it involve in a group. Technical Skills:  It refers to the proficiency in handling methods and process techniques of a particular kind of activity. This is very much needed in lower levels of the management. Brief description of management levels...
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Levels of Management:

Management levels are classified into 5 types: Top Level Management.  Upper Middle Level management. Middle Level Management. Lower Level Management. Operating force management. Top Level Management: It include board of directors, managing directors, CEO, owner of the business, share holders, financiers, investors etc. Functions:  Setting basic goals and objectives. Expanding of contracting activities. Establishing policies. Monitoring performance and designing/ redesigning organization system. Financial responsibilities. Upper Middle Level Management: It includes sales executive, production executive, finance executive, Accounts, R&D executive etc. Functions:  Establishment of the organization. Selection of the staff for lower levels of management. Installing different departments. Designing operating policies. Assigning duties to their subordinates. Middle Level Management: It includes superintendent, branch managers, general manager forcement. Functions:  To coparated to run organization smoothly. To conduct training for employ development. Lower Level Management: It includes foremen, supervisor, superintendent and interceptor. Functions:  Direct supervision of workers and their work.  Developing and improving working methods. Inspection function to give finishing touch to the plans and policies of the top level management. Operating Force: It include workers rank and files workmen,...
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Functions Of Management

According to Luther Gullick management is "POSDCORB"   P - Planning O - Organizing S - Staffing  D - Directing  Co - Coordinating R - Reporting B - Budgeting According to Henry Fayol the management is of five types : Planning Organising  Staffing Directing Controlling Planning: It is referred to deciding now what is to be done in the future. The gap between the present and future. The corporate goals set the direction for planning function Elements of Planning:  Monagers develop the following so that they can be used up to carry out their plans forecast, objectives, policies, strategies, programs, procedures, schedulers, budgets etc. Organizing:  It is refer to the process of grouping the related activities and assigning them to a manager with authority to supervise it. Organizing make organizational environment more conductive for group effectiveness. The function of organising to create higher managerial position that the employees would to reach the problem. Staffing:   How many positions are there in the organization and at what level of position? Once this...
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Management

Management is getting the work done through the efforts of other people it is necessary to guide, direct, coordinating and controlling human efforts towards the fulfillment of the organization. The goals of the organization are fulfilled through the use of resource lke men, material, machines and money etc.                Management is a social process refer to the series of actives that are performed in the society. This activities are performed by administrators, politicians, economists, housewives, parents, doctors, lawyers etc. The following are features of management: Management also denotes a body of people involved in decision making. Management is omnipresent and universal. Management is profession. Management is inter disciplinary. Management has Four types of resource i.e, Men, Material, Money, Machines. Management is situational in nature. Scope of Management: This is the end result after preliminary scope statement is refined this is classified into 8 types: Financial Management. Personal Management. Purchasing Management. Production Management. Maintenance Management. Transport Management. Office...
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