Promotes development of society • 7. LEVELS OF MANAGEMENT Top level: - Designations and Functions Comprises of CEO, Board of Directors, MD, GM, VP • Conceptualising of organisational goal, policy and strategy formulation • Organising , Controlling and Monitoring activities and resources • Controlling the work performance • Approving Budgets • Middle Level:- - Designations and Functions Comprises of Departmental, Sub-Departmental and Divisional heads. • Execution of plans, policies framed by the top level management • Preparing organisational set up & appointing employees • Issuing instructions and motivating employees • Ensuring interdepartmental cooperation • Lower Level:- - Designations and Functions Forwarding suggestions and feedback to the top level • Comprise of Supervisors, Foremen and inspectors • Maintain Morale, safety and discipline amongst the work force • Oversee the work of the workers • Assist the management in selection, training, placement & promotion of workers • 8. NATURE OF MANAGEMENT As an art: Existence of theoretical knowledge. • Developed through Practical and creative process. • Personalised application and skill • As a Profession: Well defined body of knowledge. • Existence of code of conduct • Professional association (AIMA) • Restricted entry • Fees as remuneration for their services • As a Science: Arranged, organised systematic body of knowledge • Universal validity • Principles arrived at experimentation • 9. COORDINATION Meaning. It is the synchronisation of various activities and efforts in an organisation providing the required amount of quality, timing and sequence; thus ensuring the achievement of the planned goal with minimum content.
• Promotes development of society 7. LEVELS OF MANAGEMENT Top level: - Designations and Functions • Comprises of CEO, Board of Directors, MD, GM, VP • Conceptualising of organisational goal, policy and strategy formulation • Organising , Controlling and Monitoring activities and resources • Controlling the work performance • Approving Budgets Middle Level:- - Designations and Functions • Comprises of Departmental, Sub-Departmental and Divisional heads. • Execution of plans, policies framed by the top level management • Preparing organisational set up & appointing employees • Issuing instructions and motivating employees • Ensuring interdepartmental cooperation Lower Level:- - Designations and Functions • Forwarding suggestions and feedback to the top level • Comprise of Supervisors, Foremen and inspectors • Maintain Morale, safety and discipline amongst the work force • Oversee the work of the workers • Assist the management in selection, training, placement & promotion of workers 8. NATURE OF MANAGEMENT As an art: • Existence of theoretical knowledge. • Developed through Practical and creative process. • Personalised application and skill As a Profession: • Well defined body of knowledge. • Existence of code of conduct • Professional association (AIMA) • Restricted entry • Fees as remuneration for their services As a Science: • Arranged, organised systematic body of knowledge • Universal validity • Principles arrived at experimentation 9. COORDINATION Meaning. It is the synchronisation of various activities and efforts in an organisation providing the required amount of quality, timing and sequence; thus ensuring the achievement of the planned goal with minimum content.
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