Principle of Management jbb 2

Principle of Management jbb 2

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  Lesson I: Principles of ManagementCooperative Management & Governance SeminarNueva Segovia Consortium of CooperativeCaoayan, Ilocos SurOctober 5-7, 2011
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  ManagementDefinition Manipulationof resources to achieve objectives Resources: 7Ms1. Money 2. Machine 3. Men 4. Market 5. Materials 6. Measurements 7. MethodsPrinciples of Management
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  ManagementDefinition The processof getting activities completed efficiently and effectively with and through other people.Principles of Management
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  ManagementDefinitionIt is aprocess of designing and maintaining an environment in which individuals, working together in groups, efficiently accomplish selected aims.Principles of Management
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  ManagementDefinitionIs the processby which managers create, direct, maintain, and operate purposive organizations through coordinated, cooperative human effort.Principles of Management
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  ManagementDefinition The attainment of organizational goals in an effective and efficient manner through planning, organizing, leading, and controlling organizational resources.Principles of Management
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  Guided by theSeven PrinciplesPrinciples of Management
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  ICA Core ValuesPrinciplesof Management
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  10 Principles of Management1. Delegate/define responsibilities 2. Explore opportunities for profit 3. VMGs/future oriented 4. Inspire best efforts/motivate 5. Support community/social projects 6. Have well defined objectives 7. Maximize use of resources 8. Look for better option 9. Plan well/Prepare for contingencies 10. Calculate risk to avoid wipe outPrinciples of Management
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  EffectivenessTo achieve objectiveswithin the available resourcesachieve objectives at the least cost of resources.EfficiencyPrinciples of Management
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  OrganizationIt is adeliberate arrangement of people to accomplish some specific purpose. Distinct Purpose Deliberate Structure PeopleCharacteristics of An OrganizationPrinciples of Management
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  InputsHumanCapitalManagerial SkillsTechnological ApplicationPrinciplesof Management
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  OutputsProductsServicesSatisfactionGoal AchievementProfitsPrinciplesof Management
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  StakeholdersOwners /shareholdersEmployeesConsumersSuppliersStock HoldersGovernmentCommunityPrinciples of Management
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  Managing SystemSystemIsa set of inter-related and inter-dependent parts arranged in a manner that produces a unified whole. Closed system Open systemPrinciples of Management
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  System that isnot influenced by or does not inter- act with its environment.Closed SystemPrinciples of Management
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  Open System- System that is dynamic and interacts with its environment.Principles of Management
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  Universality of Management The reality that management is needed in all types and sizes of organizations, in all organizational levels and organizational areas of all countries of the world.Principles of Management
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  Exercise #1Cooperative Framework (IPO)Identify your inputs & Outputs PROCESSINPUTSOUTPUTSPrinciples of Management