) focus Unit 2 on the foundational theories and the first function of management. Slide 1: Title Slide Principles of Management – Unit 2 Management Theory and the Planning Process Presenter Name Slide 2: Learning Objectives Understand the Evolution of Management Thought Henri Fayol’s 14 Principles Scientific Management (F.W. Taylor). Define the Planning Process and its importance. Slide 3: Evolution of Management Thought Classical Approach: Focus on efficiency and hierarchy (Fayol, Taylor, Weber). Neo-Classical Approach: Focus on human relations and behavior (Elton Mayo). Modern Approach: Systems theory and Contingency approach. Agilemania Slide 4: Fayol’s 14 Principles of Management Division of Work: Specialization increases output. Authority & Responsibility: The right to give orders must match the duty. Unity of Command: Employees should receive orders from only one supervisor. Unity of Direction:
: Routine, repetitive decisions handled through established rules. principles of management unit 2 ppt
Zara’s bakery, “The Muffin Myth,” was famous for one thing: delicious chaos. Her objective was vague but heartfelt: “To make people happy with cake.” ) focus Unit 2 on the foundational theories
Planning is widely regarded as the because it precedes and dictates all other functions, such as organizing, staffing, and controlling. It is the intellectual process of deciding in advance what is to be done, when, where, how, and by whom. 1. Nature and Purpose of Planning Define the Planning Process and its importance