PRINCIPLES OF MANAGEMENT AND PRACTICE

COURSE: BCOM LLB CODE 2BCL103 SEMESTER I July-December 2010

Ms. Bindiya Soni Course Coordinator Assistant Professor in General Management Institute of Law

1. COURSE CURRICULUM 1.1Objectives of the course:

One thing that has not changed and never will is the importance of good management. Management deals with getting things done for, with and through people. It is an applied discipline and is practiced like medicine, engineering and law. Well managed companies are competitive because their workforces are smarter, better trained, well motivated and more committed. The paper Principles of Management and Practice provides fundamental knowledge and exposure to the concepts, theories and practices in the field of management. The core areas of management like planning, organizing, staffing, motivating, leading and controlling have been covered under the syllabus to provide the knowledge of managerial functions to the students. 1.2 Teaching learning methodology pedagogy: It is generally said that managers are never made in the class. Hence, the basic emphasis of teaching would be more towards practical application of theory concepts. Teaching learning methodology would however cover the following approaches. Theory and discussion based learning Presentations Management Games and Role Plays Case Study Method 1.3 Classroom Protocol: Students are expected to observe the discipline and maintain the decorum in the class. At the same time, they are encouraged to raise their queries and enhance the learning environment of the class. Regular presence and participation of the students in the subject discussion is always desired. The same would be taken into account in the evaluation process and positively rewarded. Students are further expected to submit their assignments and project on decided dates and times. Failing of which, internal assessment of the concerned students would be negatively affected. The results may be detained too.

2. BARE SYLLABUS: PRINCIPLES OF MANAGEMENT AND PRACTICES SEMESTER I 1. Introduction 1.1Concept, nature, process and significance of management 1.2 Managerial Levels 2

1.3 Skills, functions and roles 1.4 Management Vs. Administration 1.5 Coordination as essence of management 1.6 Development of management thought; classical, neo-classical, behavioral, systems and contingency approaches 2. Planning 2.1 Nature, scope and objectives of planning 2.2 Types of Plans 2.3 Planning Process 2.4 Business Forecasting 2.5 MBO: Concept, types process and techniques of decision making 3. Organizing 3.1 Concept, nature, process and significance 3.2 Principles of an organisation 3.3 Span of Control 3.4 Departmentation 3.5 Types of an organisation: Authority-Responsibility; Delegation and Decentralisation 3.6 Formal and Informal Organisation 4. Staffing 4.1 Concept, Nature and Importance of Staffing 5. Motivating and Leading 5.1 Nature and Importance of motivation 5.2 Types of Motivation 5.3 Theories of Motivation: Maslow, Herzberg, X, Y, Z 5.4 Leadership: Meaning and Importance 5.5 Traits of a Leader 5.6 Leadership Styles: Likerts Systems of Management, Tannenbaum and Schmidt Model and Managerial Grid. 6. Controlling 6.1 Nature and Scope of Control 6.2 Types of Control 6.3 Control Process 6.4 Control Techniques-Traditional and Modern 6.5 Effective Control System

3. COMPREHENSIVE MODULE PRINCIPLES OF MANAGEMENT AND PRACTICES SEMESTER I UNIT I: INTRODUCTION This unit introduces the learners to the fundamentals of management. It provides the base on which the premise of planning, organizing, staffing, directing and controlling can be build. Contemporary management has its foundations in the history of management. Hence, the schedule also provides an understanding of important historical developments and theories propounded by early thinkers. 1 Concept, nature, process and significance of management 2 Managerial Levels 3 Skills, functions and roles 4 Management Vs. Administration 5 Coordination as essence of management 6 Development of management thought; classical, neo-classical, behavioral, systems and contingency approaches Suggested References: Viswanathan, Rajesh (2010), Principles of Management: Concepts and Cases, Himalaya Publishing House, PP 1-42. Ramasamy, T. (2009), Principles of Management, Himalaya Publishing House, pp 1-47. Tripathi, P.C. and P.N. Reddy (2002), Principles of Management, Tata McGraw Hill, pp 1-29. Prasad, L.M. (2003),Principles and Practice of Management, Sultanchand and Sons, pp 21-60, 61-81, 81-99. Gupta, C.B. (2002), Organisation and management, Sultan Chand and Sons, pp 29.1-31.11, 32.1-32.31.

UNIT II: PLANNING All organisations operate in an environment of uncertainty. To be successful, organisations have to forecast those changes and adapt themselves to the environment. This unit will enable the learners to understand planning which is the first and foremost function of management. The unit discusses how planning is done, how to forecast the changes and how to take appropriate decisions. 1 Nature, scope and objectives of planning 2. Types of Plans 3. Planning Process 4

4. 5.

Business Forecasting MBO: Concept, types process and techniques of decision making Suggested References: Viswanathan, Rajesh (2010), Principles of Management: Concepts and Cases, Himalaya Publishing House, PP 64-85. Ramasamy, T. (2009), Principles of Management, Himalaya Publishing House, pp 70-99. Tripathi, P.C. and P.N. Reddy (2002), Principles of Management, Tata McGraw Hill, pp 40-57 and pp 73-79. Prasad, L.M. (2003),Principles and Practice of Management, Sultanchand and Sons, pp 126-152. Gupta, C.B. (2002), Organisation and management, Sultan Chand and Sons, pp 35.1-35.31. UNIT III: ORAGANISING The unit is devoted to the process of organizing. After a manager has set goals and worked out a plan to accomplish those goals, the next managerial function is to organize people and allocate resources to carry out the plan. Management is basically getting the things done through others. The unit explains how it is done. It also addresses the issue of how managers shape relationships into organisational structure and thereby lead employees into organisations future. 1. Concept, nature, process and significance 2. Principles of an organisation 3. Span of Control 4. Departmentation 5. Types of an organisation: Authority-Responsibility; Delegation and Decentralisation 6. Formal and Informal Organisation Suggested References: Viswanathan, Rajesh (2010), Principles of Management: Concepts and Cases, Himalaya Publishing House, PP 161-240 Ramasamy, T. (2009), Principles of Management, Himalaya Publishing House, pp 111-126, 140-146, 147-152. Tripathi, P.C. and P.N. Reddy (2002), Principles of Management, Tata McGraw Hill, pp 80-115. Prasad, L.M. (2003),Principles and Practice of Management, Sultanchand and Sons, pp 270-301, 302-327. 5

Gupta, C.B. (2002), Organisation and management, Sultan Chand and Sons, pp 38.1-39.26. UNIT IV: STAFFING Human resources i.e. the people who work in organisation are the most vital resources of an organisation. In this unit, staffing (human resource management) function through which managers recruit, select, train and develop has been discussed briefly. 1. Concept, Nature and Importance of Staffing Suggested References: Viswanathan, Rajesh (2010), Principles of Management: Concepts and Cases, Himalaya Publishing House, PP 256-276. Ramasamy, T. (2009), Principles of Management, Himalaya Publishing House, pp 179-194. Tripathi, P.C. and P.N. Reddy (2002), Principles of Management, Tata McGraw Hill, pp 127-140. Prasad, L.M. (2003),Principles and Practice of Management, Sultanchand and Sons, pp 448-460. UNIT V: MOTIVATING AND LEADING To translate the planning and organizing decision into actions and sustain them, managers must be prepared to encourage and support the people who carry out the plans and work within the structures. This unit provides an understanding of the two most important management concepts i.e. motivations which is important for keeping people focused on goals and leadership which is essential for keeping group members working in union. 1. 2. 3. 4. 5. 6. Nature and Importance of motivation Types of Motivation Theories of Motivation: Maslow, Herzberg, X, Y, Z Leadership: Meaning and Importance Traits of a Leader Leadership Styles: Likerts Systems of Management, Tannenbaum and Schmidt Model and Managerial Grid.

Suggested References: Viswanathan, Rajesh (2010), Principles of Management: Concepts and Cases, Himalaya Publishing House, PP 333-350, 351-371. Ramasamy, T. (2009), Principles of Management, Himalaya Publishing House, pp 217-229, 230-242. Tripathi, P.C. and P.N. Reddy (2002), Principles of Management, Tata McGraw Hill, pp 205-228, 241-264. 6

Prasad, L.M. (2003),Principles and Practice of Management, Sultanchand and Sons, pp 534-578, 579-607. Gupta, C.B. (2002), Organisation and management, Sultan Chand and Sons, pp 40.7- 40.13, 43.1- 43.23. UNIT VI: Controlling The control function is concerned with ensuring that the planning, organizing, staffing and leading functions result in the attainment of organisational objectives. This unit provides basic understanding of how to measure and compare the actual progress of an organisation with their established plans. 1. Nature and Scope of Control 2. Types of Control 3. Control Process 4. Control Techniques-Traditional and Modern 5. Effective Control System Suggested References: Viswanathan, Rajesh (2010), Principles of Management: Concepts and Cases, Himalaya Publishing House, PP 387-403, 404-421. Ramasamy, T. (2009), Principles of Management, Himalaya Publishing House, pp 269-288. Tripathi, P.C. and P.N. Reddy (2002), Principles of Management, Tata McGraw Hill, pp 265-287. Prasad, L.M. (2003),Principles and Practice of Management, Sultanchand and Sons, pp 629-682. Gupta, C.B. (2002), Organisation and management, Sultan Chand and Sons, pp 44.1-44.22

4. TERM ASSIGNMENT SCHEDULE Sr. No. of Term Assignme nt I Topic of Assignment Method Commencem ent Date Submissi on Date Mark s 10 26th July, 2010 20th August, 2010

Prepare an assignment on Leadership style of corporate leaders describing their traits, type of

Students should form a group of three in the sequence of their role numbers and submit

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III

the written assignment accordingly. Few exceptionall y good write ups may be asked to make a PPT presentation in the class. Visit any company Students in Ahmedabad, are learn about its, supposed to operations, make a products/services, group of ten organisation and select structure, human any resources company for practices etc and visit under make a the presentation in the guidance of class. the course coordinator. After visiting the company they are supposed to give a small presentation in the class describing their experience. All the group members are also supposed to submit the learning from the experience in writing. Daily Presentation This would (DP) of be an management individual jargons or any activity. The contemporary same may issues in be taken management or care of in newspaper/magazi tutorial

leadership styles and relate their actions with their qualities as well as styles.

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This would start from August, 2010 and continue till all the twelve groups complete visiting companies. It would be completed by October, 2010.

10 This is a class activity and would be conducted in every management lecture or tutorials. 8

ne articles

IV

Unit test (a)

Unit test (b)

VI A set of Subject specific questions (Question Bank)

classes sometimes. Students are expected to search for managemen t jargons and contempora ry issues from internet sources, business magazines, managemen t journals, business newspapers etc. This would be short question or MCQ test covering first three units. (I, VI and II) This would be short question or MCQ test covering the remaining three units. (III, IV, VI) At the end of each chapter, few questions would be given to the students. They have to write in a separate book and the same should be submitted for correction

20 This would be before mid sem exam. Approximately between 30th August to 4th September, 2010.

20 This would be before end sem exam. Approximately between 22nd to 26th November, 2010.

20 As and when the chapter is complete, the questions would be given to the students.

and evaluation. Total 100

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