Organization
Organization
Organization
MANAGEMENT.
SUBmitted by : Batch 04
Presented by:
CHALLA JASWANTH 160040133
CHANDANA 160040318
VINEELA 160040320
K.CHARAN 160040426
BASHA 160040820
PAVAN 160040052
SANDEEP 160040266
• Weaknesses:
Products are high in price
Doesn’t have good online service
Key ideas:
Management as a separate field of study
Explicit guidelines for scientific study of management functions
Time studies for setting standards
Functional specialization of managers’ duties
Piece-rate Incentive systems
HENRI FAYOL’s
FOURTEEN PRINCIPLES OF MANAGEMENT
• 1. Specialization of labor
• 2. Authority
• 3. Discipline
• 4. Unity of command
• 5. Unity of direction
• 6. Subordination of Individual Interests
• 7. Remuneration
• 8. Centralization
• 9. Scalar Chain
• 10. Order
• 11. Equity
• 12. Personnel Tenure
• 13. Initiative
• 14. Esprit de corps
Behavioural approach (Hawthrone experiment)
• A research is conducted at the Hawthrone plant of western
electric company near Chicago, 1927-1937..
• Initial study: Effects of lightning on worker performance.
• It was conducted to find out the role of human resource in
increasing the production of an organization
• But the Hawthrone effect was instead identified
• The workers values,desires and needs.
• Workers want to have input.
• Workers want to be respected.
CONTEMPORARY APPROACH
• DEFINITION:
• Contemporary approach means new,recent or current approaches in the
field of management.
• Example:
• the way a steel company was running 100 years ago is different from
today.however one steel company today might say they use “ contemporary
management”
• Classification of contemporary approach:
1. System theory:
• 1. closed system
• 2. open system
• 2. Contigency approach
• SYSTEM THEORY:
a set of interrelated and interdependent parts arranged in a
manner that produces a unified whole.
• CLOSED SYSTEM :
system that are not influenced by and do not interact with their
environment.
Example:
A production line is an example of a closed system within a
organisation. Workers on an assembly line are generally only
responsible for only completing their task on the line,depending on
what type of line it is.
Open system:
• System that interacts with their environment.
• Example:
• a corporation needs to gather resources and information from its
environmentsuch as capital,employees and customers inorder to
function and grow
2. contingency approach:
• a management approach which says that organisation are different
,face different situations and require different ways of managing.
• Example:
• If the production line is too good in an organisation and the consumers
are not satisfactory according to it,then the manager of the
organisation should use the contingency approach
• Conclusion:
• Strength:
• The organisation can survive many different situation
• Solve complex and detail problem
• Weaknesses:
• Hard to understand
• Need advance modelling
Final outcome
• What are the things required for a successful organization?
Aim and Objectives
Effective Teamwork
Quality Leadership
Good Decision Making.
• The company was founded by
Kichiiro Toyada in 1937
• Toyota Motor Corporation is a
Japanese multinational
automotive manufacturer .
• Toyota was the world's first
automobile manufacturer to
produce more than 10 million
vehicles per year which it has
done since 2012.
• After World War II, the Japanese auto market was nearing
destruction. On the other hand, American car manufacturers like Ford
and General Motors were crushing it.
• Taiichi Ohno, an engineer at Toyota, convinced his managers to
implement the JUST-IN-TIME approach to manufacturing.
• Ohno’s recommended changes ended up transforming the Japanese
automaker for the better.