Midhu

Management Gurus - Presentation Transcript 1. Management Gurus Profiles and Theories of the Leading Names in Management Theory 2. Henri Fayol * (1841-1925) * French Mining Engineer and Manager * starting to ask What is management? 3. Fayols Role of Manager * Plan examining the future and drawing up a think of put to death * gear up building up human and material resources and putting figure into action * Command maintaining worker activity * Co-ordinate integrative effort between departments * Control checks on efficiency of plan 4. Peter Drucker * (1909 * Vienna born * Creator of MbO * Believes in establishing measurements of murder * Advocate of decentralisation 5. Management by Objectives (MbO) * Concentrates on results achieved earlier than processes (Goal setting) * Clear explanation of individuals roles & responsibilities * Clear definition of key tasks and targets expressed in terms of results * Participative goals setting * mensurable * Contains reviews and appraisals linked to results 6.

MbO +/- * + * Realistic way for turning strategic plans into action plans * Aids planning, control, co-ordination and communication due to everyone knowing what they should be doing * Managers knows what is needed of him/her * - * Time consuming * Can be inflexible * postulate commitment from senior management * Emphasises individual achievement oer teamwork 7. Michael Porter * (b. 1947) * Harvard Business Schools star professor * initiations highest paid academic THE strategy guru 8. 9. Porters Competitive Strategy * COST LEADERSHIP keep production &... If you want to get a full essay, order it on our website: Orderessay

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