Title: HAILEY COLLEGE OF BANKING & FINANCE
1(No Transcript)
2HAILEY COLLEGE OF BANKING FINANCE
Text Book
MANAGEMENT
Concepts Cases
Presentation By
PROF. DR. KHAWAJA AMJAD SAEED Principal, Hailey
College of Banking Finance
3CONSTITUENTS
4SECTION I TEXT BOOK
- Management as a Discipline
- Schools of Management Thought
- Managers Role and Impact of External Environment
- Corporate Planning
- Deposit, Credit and Profit Planning
- Organizing as Part of Management
- Line and Staff Authority Relationship
- Decentralization and Delegation
5SECTION I TEXT BOOK
- Functional Specialization
- Staffing
- Motivation
- Leadership
- Communication
- Controlling
- Feedback and Control Mechanism
- Special Control Techniques
6SECTION I TEXT BOOK
- Management Information System
- Organization Conflicts and their Resolution
- Islamic Approach to Management
- TQM (Total Quality Management)
- Case Study Approach
7SECTION II SELECTED ARTICLES
- Human Resource Management Development
- Sharing Productivity Gains A Survey of Incentive
Plans Globally Practised - Knowledge Management Some Dimensions
- The Rise of Reengineering
- Promoting CSR What needs to be done
- Motivation Islamic History (Compiled)
8SECTION III CASES FOR ANALYSIS
9Chapter No. 1
MANAGEMENT AS A DISCIPLINE
CONSTITUENTS
- Prelude
- Development
- Evolution
- Management Education in Pakistan
- Definitions
- Management Vs Administration
10Chapter No. 1
MANAGEMENT AS A DISCIPLINE
CONSTITUENTS
- Pyramid Approach
- Management Function Levels
- Groups
- Job
- As Science or Art
- Principles
11CHAPTER NO. 1 MANAGEMENT AS A DISCIPLINE
AMPLIFICATION
1. Prelude - Egyptians - Chinese
- Military - History (1750-21
Century) 2. Development - Barter - Industrial
Commercial Revolutions - The Rise of Joint
Stock Market
12CHAPTER NO. 1 MANAGEMENT AS A DISCIPLINE
3. Evolution - Upto 1889 - 1890-1914 - 1915-19
40 - 1941-1960 - 1960 till now - 21st Century
13CHAPTER NO. 1 MANAGEMENT AS A DISCIPLINE
4. Management Education in Pakistan - 1955-1972
- 1973-1985 - 1986 till now - 21st Century
5. Definitions - Dale S. Beach - Newman
Summer - President AMA
14CHAPTER NO. 1 MANAGEMENT AS A DISCIPLINE
6. Management Vs Administration
15CHAPTER NO. 1 MANAGEMENT AS A DISCIPLINE
8. Management Function levels - Strategic
Planning - Management Control - Operational
Cost 9. Groups - University Scholars
- Management Practitioners - Legislatures
- Labour leaders
16CHAPTER NO. 1 MANAGEMENT AS A DISCIPLINE
10. Job - Planning - Organizing - Assembling
Resources - Directing - Controlling 11. As
Science or Art - Art-Desired Results - Scene
Systematic body of knowledge
17CHAPTER NO. 1 MANAGEMENT AS A DISCIPLINE
12. Principles - Efficiency - Educating
- Research - Social Objectives
18Chapter No. 2
SCHOOLS OF MANAGEMENT THOUGHT
CONSTITUENTS
- Inretrospect
- Impact of Industrialization
- Stages Management Thought (10)
- - Pre-Scientific
- - Scientific
- - Administrative
- - Functional
19Chapter No. 2
SCHOOLS OF MANAGEMENT THOUGHT
CONSTITUENTS
3. States Management Thought (10) - Behavioral
- Management Science - Systems
- Welfare - Contingency - Program
Orientation
20Chapter No. 2
SCHOOLS OF MANAGEMENT THOUGHT
CONSTITUENTS
4. Management Theories - X - Y - Z - C
21CHAPTER NO. 2 SCHOOLS OF MANAGEMENT THOUGHT
AMPLIFICATION
1. Inretrospect - Early Influence - Scientific
Management - Human Relation Management
22CHAPTER NO. 2 SCHOOLS OF MANAGEMENT THOUGHT
2. Impact of Industrialization - Primitive
Tribal - Slavery - Serfdom - Handicraft
- Cottage Factory - Modern Industrial Systems
23CHAPTER NO. 2 SCHOOLS OF MANAGEMENT THOUGHT
3. States Development of Management Thought
(10) a) Primitive Tribal - James Watt
Boulton - Robert Owen - Charles Babbage
- Henry Varnon Poor - Henry Robinson Towny
24CHAPTER NO. 2 SCHOOLS OF MANAGEMENT THOUGHT
3. States Development of Management Thought
(10) b) Scientific Management - F W
Taylor - Frank Gilberth Lillian Gilberth
- Henry L. Gantt - Harrington Emerson
25CHAPTER NO. 2 SCHOOLS OF MANAGEMENT THOUGHT
3. States Development of Management Thought
(10) c) Administrative Management School of
Thought - Henri Fayol - Six
Approaches - Five functions
26CHAPTER NO. 2 SCHOOLS OF MANAGEMENT THOUGHT
3. States Development of Management Thought
(10) d) Functional Approach - Five
functions - Fifty aspects (5 X 10
50) - Correlated with business functions
27CHAPTER NO. 2 SCHOOLS OF MANAGEMENT THOUGHT
3. States Development of Management Thought
(10) e) Behavioral School - Elton Mayo
- Hawthornes Experiments - Other
Contributions f) Management Science School
- Mathematical Models - OR
28CHAPTER NO. 2 SCHOOLS OF MANAGEMENT THOUGHT
3. States Development of Management Thought
(10) g) Systems Approach - 3 Steps h)
Welfare - Uplift of - Physical - Hygieni
c - Social - Educational
29CHAPTER NO. 2 SCHOOLS OF MANAGEMENT THOUGHT
3. States Development of Management Thought
(10) h) Welfare - Scope - Health - Wash
up - Lockers - Recreation - Libraries
- Schools
30CHAPTER NO. 2 SCHOOLS OF MANAGEMENT THOUGHT
3. States Development of Management Thought
(10) h) Welfare - Scope - Disability
- Group Insurance - Pension - Legal Aid
31CHAPTER NO. 2 SCHOOLS OF MANAGEMENT THOUGHT
3. States Development of Management Thought
(10) i) Contingency Approach - Dynamics and
Complex Inter- relations - Behavior of
other Members - Variables (7)
32CHAPTER NO. 2 SCHOOLS OF MANAGEMENT THOUGHT
3. States Development of Management Thought
(10) j) Program Orientation - Planning
Phase - Operational Phase - Future
Orientation Phase
33CHAPTER NO. 2 SCHOOLS OF MANAGEMENT THOUGHT
4. Management Theories - Theory X - Theory
Y - Theory Z - Theory C CHAPTER NO. 2
SCHOOLS OF MANAGEMENT THOUGHT
34Chapter No. 3
MANAGER'S ROLE IMPACT OF EXTERNAL ENVIRONMENT
CONSTITUENTS
- Skills of a Manager
- Managers External Environment
- Understanding of External Environment
- - PEST
- - Political
- - Economic
- - Sociological
- - Technological
35Chapter No. 3
MANAGER'S ROLE IMPACT OF EXTERNAL ENVIRONMENT
CONSTITUENTS
- Business Ethics
- Banking Sector Changing Outlook
36CHAPTER NO. 3 MANAGER'S ROLE IMPACT OF
EXTERNAL ENVIRONMENT
1. Skills of a Manager - Technical
- Human - Conceptual 2. Managers External
Environment PEST
37CHAPTER NO. 3 MANAGER'S ROLE IMPACT OF
EXTERNAL ENVIRONMENT
3. Understanding of External Environment
- Political - Economic - Sociological
- Technological Follow the matrix
38CHAPTER NO. 3 MANAGER'S ROLE IMPACT OF
EXTERNAL ENVIRONMENT
4. Business Ethics - High Ethical Standards
- Discharge of Responsibility
Honestly 5. Banking Sector Changing Outlook
- Deregulation - Divesture - SBP
Role - Consumer Financing
39CHAPTER NO. 3 MANAGER'S ROLE IMPACT OF
EXTERNAL ENVIRONMENT
5. Banking Sector Changing Outlook - Non-Perform
ing Loans - Mergers
40Chapter No. 4
CORPORATE PLANNING
CONSTITUENTS
- Planning Concept
- Why Plan
- Planning Process
- Objective Setting
- Stated Objectives
- Illustrations of Objectives
- Limitations of Planning
41Chapter No. 4
CORPORATE PLANNING
- Strategic, Tactical Operational Planning
- - Strategies
- - Annual Planning Cycle
- - Requirements for Financial Control System
- Charter for Improving the Performance of
Nationalized Commercial Banks
42Chapter No. 4
CORPORATE PLANNING
- MBO
- - Concept
- - Process
- - Setting Goals
- - Action Plan
- - Self Control
- - Periodic Review
- - Implementation Tasks
- - Success Stories
43CHAPTER NO. 4 CORPORATE PLANNING
IMPLICATION 1. Planning Concept - Future Course
of Action - Four Types Time Frame
- ST - IT - LT - Perspective
44CHAPTER NO. 4 CORPORATE PLANNING
2. Why Plan - Belief - Control Facilitated
- Future Progress 3. Planning Process
- Objective - Opportunities - Course of
Actions
45CHAPTER NO. 4 CORPORATE PLANNING
3. Planning Process - Feedback - Review - Re
vision 4. Objectives Setting - Internal
- Profit - Growth
46CHAPTER NO. 4 CORPORATE PLANNING
4. Objectives Setting - Internal - Market
Penetration - Leadership - Productivity
- External - Client Satisfaction - Social
Needs
47CHAPTER NO. 4 CORPORATE PLANNING
5. Stated Objectives - Stated Vs
Hidden - Sources - Charters - Annual
Reports - PR Announcement - Hierarchy
- Organizational - Divisional
48CHAPTER NO. 4 CORPORATE PLANNING
5. Stated Objectives - Hierarchy
- Departmental - Sectional
6. Illustrations - Nationalizations - Life
Insurance Nationalization
49CHAPTER NO. 4 CORPORATE PLANNING
7. Limitations - Hierarchy - Future? - Reluct
ance to Change - Revision - Cost-High - Emerg
encies-difficult to anticipate
50CHAPTER NO. 4 CORPORATE PLANNING
8. Strategic, Tactical and Operational Planning
- See Table 4-3 - Strategies - Four
Dimensions - Five features - General and
Specific Strategies - APC-Six Steps
51CHAPTER NO. 4 CORPORATE PLANNING
8. Strategic, Tactical and Operational Planning
- Strategies - Financial Control System
- Eight (8) Steps - Three (3)
Pre-requisites 9. Charter for NCBs Improvement
- Five Aspects - See Tables 4-3, 4-4
52CHAPTER NO. 4 CORPORATE PLANNING
10. MBO - Participates - Process - Goals
Setting - Action Plan - Self
Control - Periodical Review - Implementation-
Eight (8) tasks - Success Stories of 14 Large
American Companies
53Chapter No. 5
DEPOSIT, CREDIT PROFIT PLANNING
CONSTITUENTS
- Deposits
- Credit
- Review of NIB
- Financial Instruments
- Management of Advances
- Benefits of Profit Planning
54Chapter No. 5
DEPOSIT, CREDIT PROFIT PLANNING
CONSTITUENTS
- Pre-requisites of Profit Planning
- Concept of Projections
- Time Horizons
55CHAPTER NO. 5 DEPOSIT, CREDIT PROFIT PLANNING
AMPLIFICATION
1. Deposits - Composition - Size-2004 - Curre
nt Position 2. Credit - Size-2004 - Disclosure
- Earlier - Now
56CHAPTER NO. 5 DEPOSIT, CREDIT PROFIT PLANNING
3. NIB - 12 Instruments 4. Management of
Advances - Principles - Safely - Desirabilit
y - Profitability - Assumptions.
57CHAPTER NO. 5 DEPOSIT, CREDIT PROFIT PLANNING
5. Benefits of Profit Planning - Economical use
of resources - Efficiency is promoted - Review
of progress 6. Pre-Requisites of Profit Planning
- Structure with definitions - Comprehensive
Planning - BEP
58CHAPTER NO. 5 DEPOSIT, CREDIT PROFIT PLANNING
7. Concept of Projections - Combination of
Judgment quantitative data - Factors
affecting it 8. Time Horizon - SR-Annual
- Intermediate run-three years - LR 5 to 10
years - Prospective 15 20 years
59Chapter No. 6
ORGANIZING AS PART OF MANAGEMENT
CONSTITUENTS
- Definition of Organization
- Constituents of an Organization
- Steps in Organizing Process
- Functions of an Organization
- Role of Bureaucracy
- Formal informal Organizations
60Chapter No. 6
ORGANIZING AS PART OF MANAGEMENT
CONSTITUENTS
- Organization Charts
- Organization Manuals
- Organization Design
- Organizational Structure in Banks
- Organizational Changes
61CHAPTER NO. 6 ORGANIZING AS PART OF MANAGEMENT
AMPLIFICATION
1. Definition of individuals - Group of
individuals - Cooperating under executive
leadership - To accomplish a common goals
2. Constituents o an Organization - Structure
- Process
62CHAPTER NO. 6 ORGANIZING AS PART OF MANAGEMENT
3. Steps in the Organization Process
- Identifying activities - Group activities
- Assignment of activities - delegating
authority 4. Functions of an Organizations
- Efficiency - Communication
63CHAPTER NO. 6 ORGANIZING AS PART OF MANAGEMENT
4. Functions of an Organizations - Satisfaction
- Identity - Innovation 5. Role of
Bureaucracy - Max Weber (8 points) - Vertical
Dimension - Horizontal Dimension
64CHAPTER NO. 6 ORGANIZING AS PART OF MANAGEMENT
6. Formal Informal Organization
- Formal - Informal 7. Organization
Chart - Constituents - Hierarchy
- Departmentalization - Inter-relationships
65CHAPTER NO. 6 ORGANIZING AS PART OF MANAGEMENT
7. Organization Chart - Constituents - Lines
of Communication - Network - Authority
- Responsibility - Accountability - Type
s - General - Auxiliary
66CHAPTER NO. 6 ORGANIZING AS PART OF MANAGEMENT
7. Organization Chart - Constituents
- Drawbacks 8. Organizational Manual
- Contents - Objectives - Job Description
- Organizational Procedures - Management
terms - Benefits
67CHAPTER NO. 6 ORGANIZING AS PART OF MANAGEMENT
9. Organizational Design - Concept - Areas
of Influence (5) - Section (4) 10.
Organizational Structure in Banks - NCBs - Level
s - Foreign Banks - Financial Institutions
68CHAPTER NO. 6 ORGANIZING AS PART OF MANAGEMENT
11. Organizational Changes - Growth Decay
- Environmental Impact - Technology - Personn
el - Catalysts - Domio Effect
69Chapter No. 7
LINE STAFF AUTHORITY RELATIONSHIP
CONSTITUENTS
- Line Organization
- Line Staff Organization
- Rationale for Differentiation Between Staff and
Line - Line Relationship
- Staff Relationship
- Types of Staff
70Chapter No. 7
LINE STAFF AUTHORITY RELATIONSHIP
CONSTITUENTS
- Line and Staff Conflict
- Making the Staff Personnel Work Properly
- Is the concept valid for obsolete today
71CHAPTER NO. 7 LINE STAFF AUTHORITY RELATIONSHIP
AMPLIFICATION
1. Line Organization - Names - Scalar
- Military - Departmental - Vertical
- Pure Line of Organization - Departmental
Line Organization
72CHAPTER NO. 7 LINE STAFF AUTHORITY RELATIONSHIP
2. Line Staff Organization - Staff
Specialists Advise - Advice Provided to Line
Mangers - Can recommend without
Authority 3. Rationale for Differentiation
- Services of Specialist - Effective Control
- Maintain Accountability
73CHAPTER NO. 7 LINE STAFF AUTHORITY RELATIONSHIP
4. Line Relationships - Chain of Command
- Chain of Communication - Vehicle of
Accountability 5. Staff Relationship - Purely
Advisory - Assistance
74CHAPTER NO. 7 LINE STAFF AUTHORITY RELATIONSHIP
6. Types of Staff - Personnel Staff
- Specialist Staff 7. Line Staff
Conflict - Blame Line Staff - Implementation
- Encroachment - Description Defied - No
Proper use of Staff
75CHAPTER NO. 7 LINE STAFF AUTHORITY RELATIONSHIP
8. Making the Staff Personnel Work
Properly - Work as a Team - Improve
Relationships 9. Is the Concept Valid or
Obsolete Today - Be based on Functional
Responsibilities - Clarity in Defining
Relationship
76Chapter No.8
DECENTRALIZATION DELEGATION
CONSTITUENTS
- The Problem
- Degree of Decentralization-The Act of Measurement
- Centralization Vs. decentralization
- Operationalzing Decentralization
- The concept of Delegation Authority.
77Chapter No.8
DECENTRALIZATION DELEGATION
CONSTITUENTS
- Principles of Delegation
- Reasons for Inadequate Delegation
- Toward Effective Delegation System
78CHAPTER NO. 8 DECENTRALIZATION DELEGATION
AMPLIFICATION
1. The Problem - Centralization Vs.
Decentralization - Decentralization - More
Democratic - Greater Freedom of Spirit
- Less Authoritative - Review Table 8-1
79CHAPTER NO. 8 DECENTRALIZATION DELEGATION
2. Degree of Decentralization The Art of
Measurement - Issues - Authorities - How
far down the line? - Consistency - Review
Table 8-2
80CHAPTER NO. 8 DECENTRALIZATION DELEGATION
3. Centralization Vs. Decentralizations
- Advantages of Centralization - Leadership
- Integration - Uniformity of
Action - Tackling Emergencies - Others
81CHAPTER NO. 8 DECENTRALIZATION DELEGATION
3. Centralization Vs. Decentralizations
- Advantages of Centralization - Motivation
- Development of Managers - Coordination - Div
ersification - Innovation - Developmental
Activities
82CHAPTER NO. 8 DECENTRALIZATION DELEGATION
4. Operationalzing Decentralization - Top level
Support - Work Independently - Communication -
Feeling of Independence - Competitive
Spirit - Appropriate Control
83CHAPTER NO. 8 DECENTRALIZATION DELEGATION
5. The concept of Delegation of Authority
- Giving Authority to Others - For
accomplishing of Assignments - Characteristics
of Delegation - Note Six Points (Page 89)
84CHAPTER NO. 8 DECENTRALIZATION DELEGATION
6. Principles of Delegation - Functional
Definition of Activities - Visualize Expected
Results - Authority and Responsibility to
exist - Follow unity of Command
- Responsibility cannot be Delegated
85CHAPTER NO. 8 DECENTRALIZATION DELEGATION
7. Reasons for Inadequate Delegation - Attitude
of Supervisor - Desire to Influence
- Absence of Democratic Leadership
Style - Subordinates not Competent
- With-holding of Authority - Managerial
Shortcomings Exposed
86CHAPTER NO. 8 DECENTRALIZATION DELEGATION
8. Toward Effective Delegation System
- Communication-Open System - Proper Control
Techniques - Intelligent Planning - Open Work
Climate - Define Authority Responsibility
- Confidence in Performance
87Chapter No.9
FUNCTIONAL SPECIALIZATION
CONSTITUENTS
- Specialization in Historical Perspective
- Rationale for Specialization
- Role of Functional Specialist
- Problems of Specialization
- Problems of functional Specialization
- International Experiences
88Chapter No.9
FUNCTIONAL SPECIALIZATION
CONSTITUENTS
- Functional Organization
- Functional Authority
- Specialization in Banking fields in Pakistan
89CHAPTER NO. 9 FUNCTIONAL SPECIALIZATION
AMPLIFICATION
1. Specialization in Historical Perspective
- Division of Labour - Adam Smith
2. Rationale for Specialization - Physical
Limitation - High Skills Required - Efficiency
90CHAPTER NO. 9 FUNCTIONAL SPECIALIZATION
3. Role of Functional Specialist - Sales and
Service - Production - Finance
- Procurement of goods and services
- Personnel - Research and Development
91CHAPTER NO. 9 FUNCTIONAL SPECIALIZATION
4. Problems of Specialization - Complexity of
Modern Techniques - Diversity of tasks and
persons needed to carry them out
92CHAPTER NO. 9 FUNCTIONAL SPECIALIZATION
5. Problems of Functional Specialization
- Boring Work - Monotonous Environment
- Element of Fatigue - Anxiety Created by the
above Factors Leads to Dissatisfaction,
Resulting in Lower Output and Reduction in the
Quality of Product or Service Rendered.
93CHAPTER NO. 9 FUNCTIONAL SPECIALIZATION
6. International Experiences - North America
- Highly Specialized Jobs - Scope
- Assembly Lines - Offices - Professions
94CHAPTER NO. 9 FUNCTIONAL SPECIALIZATION
7. Functional Organization - Pattern of
Executive Specialization - Benefits
- Specialization - Operational Efficiency
- Economic Flexibility - Coordination
95CHAPTER NO. 9 FUNCTIONAL SPECIALIZATION
8. Functional Authority - Superior Delegates
Authority Subordinates - Role of Specialists
- Authority to Specialist
96CHAPTER NO. 9 FUNCTIONAL SPECIALIZATION
9. Specialization in Baking Fields in Pakistan
- Commercial Banks - Development Banks
- Investment Banks - Multiple Functions
- Fundamental Issues - Need for
Specialization - Continuity of Present Set up
- New Specialized Institution - Future
Outlook
97Chapter No.10
STAFFING
CONSTITUENTS
- Staffing Functions
- Performance Appraisal Methods
- Types of Job Information
- Job Evaluation Methods
- Limitations of Job Evaluation
- Job Description
- Format of Job Description
98CHAPTER NO. 10 STAFFING
AMPLIFICATION
1. Staffing Functions - Preparation of Manpower
Planning - Recruitment, Selection Retention
- Training and Development - Performance
Appraisal Methods
99CHAPTER NO. 10 STAFFING
2. Performance Appraisal Methods - Rating
Scale - Employee Comparison Methods
- Checklist - Critical Incidence
100CHAPTER NO. 10 STAFFING
3. Types of Job Information - List of Titles of
Jobs - Information in Respect of Each Job
- Job Description Prepared in Specific Detail
- Job Specification Included in it
101CHAPTER NO. 10 STAFFING
4. Job Evaluation - Job Ranking - Job
Classification - Factor Comparison - Point
System 5. Limitations of Job Evaluation
- Selection of Factors - Assignment of
Weights - Other Phases of the Programme
102CHAPTER NO. 10 STAFFING
6. Job Description - To Provide a Basis for Job
Evaluation - To Check the Soundness of the
Organization Structure - To aid in Assigning
of Functions to Positions - Point System
103CHAPTER NO. 10 STAFFING
6. Job Description - To Establish a Framework
for Manager- Subordinate Agreement of Specific
Work Assignment, Objectives to be Accomplished,
and Limits of Authority and Responsibility
- To Specify the Factors to be Used in
Measuring the Individuals Accountability for
Performance.
104CHAPTER NO. 10 STAFFING
7. Format of Job Description - Broad
Function - Principle Responsibilities and
Relationships - Authority and Reservations
Decision Making - Measures of Accountability
105Chapter No.11
MOTIVATION
CONSTITUENTS
- Concept
- Characteristics of Motivation
- Importance of Motivation
- Primary Factors of Motivation
- Maslows Hierarchy of Needs
- Theories of Motivation
- Motivations for Executives
- Perception
106CHAPTER NO. 11 MOTIVATION
AMPLIFICATION
1. Concept - Refers to a way in which urges,
desires, aspirations, strivings, needs,
influence the choice of alternatives in the
behavior of human beings.
107CHAPTER NO. 11 MOTIVATION
2. Characteristics of Motivation - Internal
Feeling - Psychological Phenomenon
- Continuous Process - Changing Behavior
- Calculation Motivation Valance X
Expectancy Valance Strength of a persons
performance for a particular outcome
108CHAPTER NO. 11 MOTIVATION
3. Importance of Motivation - Performance
High - Turnover Low - Absentism Less
- Profitability - Improved - Objectives-
Accomplished - Changes-More Acceptable
109CHAPTER NO. 11 MOTIVATION
4. Primary Factors of Motivation - Higher
Salary - Respect and Social Status - Job
Security - Interesting Work - Chances of an
Opportunity for further growth and Development
- Undertaking Worthwhile Activities
110CHAPTER NO. 11 MOTIVATION
4. Primary Factors of Motivation - Enjoying
Power and Influence - Enjoying Independence in
Performance of Job - Intelligent and Diligent
Supervision
111CHAPTER NO. 11 MOTIVATION
4. Maslows Hierarchy of Need
SELF- ACTUALIZATION NEEDS
ESTEEM NEEDS
LOVE NEEDS
SAFETY NEEDS
PHYSIOLOGICAL NEEDS
112CHAPTER NO. 11 MOTIVATION
6. Theories of Motivation - Herzbergs Hygiene
Theory - Company Policy Administration
- Technical Supervision - Interpersonal
Relationship with Supervisors
- Interpersonal Relationship with
subordinates - Salary
113CHAPTER NO. 11 MOTIVATION
6. Theories of Motivation - Herzbergs Hygiene
Theory - Job Security - Personal
Life - Working Conditions - Status
114CHAPTER NO. 11 MOTIVATION
6. Theories of Motivation - McGregors Theory X
Theory Y - Theory X - Theory Y - See Table
11-1 - Expectancy Theory - Extra Effort to
Perform well - See Table 11-2
115CHAPTER NO. 11 MOTIVATION
7. Motivations for Executives - Challenge of
Work - Rising Curve of Status - Achieving
Leadership Heights - Competitive Spirit
- Fear of Losing Goodwill - Money
116CHAPTER NO. 11 MOTIVATION
8. Perception - Attitude - Values - Family
Background - Culture - Education - Experience
- Supervisor - Norms and Values of Peers
- Reward System Organization Polices
117Chapter No.12
LEADERSHIP
CONSTITUENTS
- Importance of Leadership
- Theories of Leadership
- Significant Dimensions of Leaders Personality
- Leaders Power and Influence
- Leadership Styles
- Leadership Profile Characteristics of Leadership
Styles
118Chapter No.12
LEADERSHIP
CONSTITUENTS
- The Likert Management System
- Managerial Grid
- Path Goal theory
- Decision Making
- Types of Decision
- Forms of Decision Making
- Decision Making Techniques
119Chapter No.12
LEADERSHIP
CONSTITUENTS
- Personal Qualities of Decision Making
- Group Dynamics
120CHAPTER NO. 12 LEADERSHIP
AMPLIFICATION
1. Importance of Leadership - High Performance
- Recognition - Morale 2. Theories of
Leadership - Trait Approach - Behavioral
Approach - Situational Approach - Elective
Approach
121CHAPTER NO. 12 LEADERSHIP
3. Significant Dimensions of Leaders Personality
- Thinking (4) - Feelings Inter-relationships
(11) - Outward Behavior Characteristics (5)
122CHAPTER NO. 12 LEADERSHIP
4. Leaders Power Influence - Legitimate
Delegated authority. - Reward Ability to
bestow money, praise, promotion and
other benefits. - Coercive Ability to
punish or to withdraw reward
123CHAPTER NO. 12 LEADERSHIP
4. Leaders Power Influence - Referent Based
on leaders personality and ability,
inspire leaders alliance with other
influential persons - Expert Leaders
Special Skill- abilities knowledge
124CHAPTER NO. 12 LEADERSHIP
5. Leadership Styles - Autocratic
- Participative - Paternal 6. Leadership
Profile Characteristics of Leadership Styles
- Dependence on Authority - Use of Power and
fear
125CHAPTER NO. 12 LEADERSHIP
6. Leadership Profile Characteristics of
Leadership Styles - Dominance - Dependence on
Personal Expertness - Personal Likeableness
- Exhibition of Sincere Interest
- Development of Persons - Inspiration for
the best Results - Welding Members into a
Team - Sharing of ends and goals
126CHAPTER NO. 12 LEADERSHIP
7. The Likert Management System - Four Styles
- Exploitative Autocrat - Benevolent
Autocrat - Participative - Democratic
127CHAPTER NO. 12 LEADERSHIP
8. Managerial Gird
128CHAPTER NO. 12 LEADERSHIP
9. Path Goal Theory - Four types of Behavior
- Institutional - Supportive
- Participative - Achievement Oriented
129CHAPTER NO. 12 LEADERSHIP
10. Decision Making - Herbert Simons
- Noble Prize Winner - Areas of
Concern - Application of Statistics
- Optimization Models - Information Models
- Simulation
130CHAPTER NO. 12 LEADERSHIP
11. Types of Decision - Programmed
- Non-Programmed 12. Forms of Decision Making
- Toss of a Coin - Check Lists - Advantages
Versus Disadvantages - Highest Ranks
131CHAPTER NO. 12 LEADERSHIP
12. Forms of Decision Making - Compromise
- Compound - Committee - Delay
132CHAPTER NO. 12 LEADERSHIP
13. Decision Making Techniques
133CHAPTER NO. 12 LEADERSHIP
13. Decision Making Techniques
134CHAPTER NO. 12 LEADERSHIP
14. Personal Qualities of Decision Making
- Experience - Judgment - Creativity
- Quantitative Skills
135CHAPTER NO. 12 LEADERSHIP
15. Group Dynamics - Principles - Strong
Sense of Belonging to Group - Group Must be
more Attractive to Members - Change
Attitude, Values of Behavior
136CHAPTER NO. 12 LEADERSHIP
15. Group Dynamics - Principles - The
Greater the Prestige of a Group member in the
Eyes of other Members, the Greater the
Influence he can exert. - Share Perception
by members, of the Need for Change
137CHAPTER NO. 12 LEADERSHIP
15. Group Dynamics - Principles
- Communication Need for Change, Plans for
Change, Consequence of Change - Readjustments
in other parts - Encounter Strong Resistance
138Chapter No.13
COMMUNICATION
CONSTITUENTS
- Meaning
- Types
- Structure
- Elements
- Effects
- Feedback
139Chapter No.13
COMMUNICATION
CONSTITUENTS
- Basic Principles
- Barriers
- Information Technology
- Five Generations
- Organizational Communications
140CHAPTER NO. 13 COMMUNICATION
1. Meaning - Process by which an idea is
transferred from a source to a receiver with an
intention of changing the receivers
behavior - Levels - Individual
- Group - Organizational
141CHAPTER NO. 13 COMMUNICATION
2. Types - Oral - Written - Others
- Dimensions - Downward - Upward - Horizo
ntal
142CHAPTER NO. 13 COMMUNICATION
3. Structure - Formal - Informal 4.
Elements - Source - Message - Channel
- Receiver
143CHAPTER NO. 13 COMMUNICATION
5. Effects - Ignored - Stored - Actions
Taken - Negative Reaction - Evoke a Response
- Affect Behavior 6. Feedback - Effective
Approach Used - Barriers Removed
144CHAPTER NO. 13 COMMUNICATION
7. Basic Principles - Responsibility-Sender
- Planning Execution - Produce Some Action
or Reaction - Be Affective - Contain Answers
to Major Questions - Language Comprehension
- Adequate Feedback - Follow Up - Little
Negative Effect
145CHAPTER NO. 13 COMMUNICATION
8. Barriers - Physical - Personal
- Semantics - Authority, Power and Status
Relationship - Style of Communication
146CHAPTER NO. 13 COMMUNICATION
9. Information Technology - use of Computer for
Processing Information - Speed of Communication
10. Information Technology 11. Organizational
Communications - Conferences - Meetings
147Chapter No.14
CONTROLLING
CONSTITUENTS
- Control Mechanism
- Control Process
- Measurement Process
- Quality for Effective Control
- Role of Control
- Pre-Requisites of Control
148Chapter No.14
CONTROLLING
CONSTITUENTS
- Procedures for Review
- Objectives of Organizational Control
- Internal Check
- Operational Audit
- Types of Organizational Control
149Chapter No.14
CONTROLLING
CONSTITUENTS
- Organizational Control System
- Instruments Control
150CHAPTER NO. 14 CONTROLLING
1. Control Mechanism - Defining of Objectives,
Devising Plans and Setting of Standards - Analys
is of Causes of Deviations - Devising and
Programming of Corrective Actions - Implementati
on of Corrective Actions
151CHAPTER NO. 14 CONTROLLING
1. Control Mechanism - Setting of Revised
(Desired) Performance Standards - Assessment
of Actual Performance via- a-vis Desired
Performance Standards - Identification of
Deviations in Actual Performance
152CHAPTER NO. 14 CONTROLLING
2. Control Process - Measurement of Actual
Results - Comparison of Actual Results with the
set Targets - Corrective Actions where Actual
Results Fall Short of the Targets
153CHAPTER NO. 14 CONTROLLING
3. Measurement Process - Through Personal
Observations - Through Preparation of
Statistical Reports - Through Verbal
Reports - Through Written Reports
154CHAPTER NO. 14 CONTROLLING
4. Quality for Effective Control - Control
should be timely, so that quck action can be
taken. - Control should be flexible, so that
one must continue to move forward rather than
get to a position of breakdown. - Control
should be Economical Cost Benefit Analysis
should be Undertaken.
155CHAPTER NO. 14 CONTROLLING
4. Quality for Effective Control - Control
should be understandable, so that it is properly
Communicated for Implementation - Control
should be strategically placed - Control should
be Designed to Stress the Exception
156CHAPTER NO. 14 CONTROLLING
5. Role of Control - Establishes Standards
- Measures Performance Against these Standards
- Takes Corrective Action where there are
Significant Deviations From Standards
157CHAPTER NO. 14 CONTROLLING
6. Pre-Requisites of Control - Information on
Status of Activities should be available
- There should be a Continuous Surveillance
over Plans and Directives for Ensuring
Implementation of Objectives - Timely
Measurement Analysis be Carried out
158CHAPTER NO. 14 CONTROLLING
6. Pre-Requisites of Control - Reporting on
Performance be Institutionalized 7. Procedures
for Review - Undertaking Comparison
- Carrying out Analysis - Delivering an
Effective Presentation
159CHAPTER NO. 14 CONTROLLING
8. Objectives of Organizational Control
- Protect assets against all Risks - Safeguard
the enterprise against improper asset
disbursements and incurrence of improper
liabilities - Assure the accuracy and
dependabili8ty of financial and operating
information - Judge operating efficiency
160CHAPTER NO. 14 CONTROLLING
8. Objectives of Organizational Control
- Measure adherence to established policies
9. Internal Check - Checking of work o one
person by another - Role in banks and other
Organizations
161CHAPTER NO. 14 CONTROLLING
10. Operational Audit - Appraisal of
Operations - Improved functional management
ability 11. Types of Organizational Control
- Accounting Control - Administrative Control
162CHAPTER NO. 14 CONTROLLING
12. Organizational Control System - Informal
- Formal 13. Instruments Control
- Organizational Charts - Operating Manual
- Accounting Manual - Chart of Accounts
- Flow Charts
163Chapter No.15
FEEDBACK CONTROL MECHANISM
CONSTITUENTS
- Formal Approaches
- Internal Control
- Reports as Control Device
- Budgets
- Control Framework
164CHAPTER NO. 15 FEEDBACK CONTROL MECHANISM
1. Formal Approaches - Programming
- Budgeting - Accounting - Reporting
165CHAPTER NO. 15 FEEDBACK CONTROL MECHANISM
2. Internal Control - Concept - Benefits
- Measures - Review Techniques - Limitations
166CHAPTER NO. 15 FEEDBACK CONTROL MECHANISM
3. Reports as Control Device - Procedure of
Initiation of actions - Nature and timing of all
routine checks - Division of work amongst
departments and between individuals within a
department - Chronological sequence of
documents is put
167CHAPTER NO. 15 FEEDBACK CONTROL MECHANISM
3. Reports as Control Device - Use to which
each set of documents is put - Inter-relations
of all documents and records involved 4. Reports
as Control Device - Formal Planning Control
Technique - Feedback - Variances
168CHAPTER NO. 15 FEEDBACK CONTROL MECHANISM
5. Control Framework - Time Controls - Cost
Control - Technical Standards
Control - Internal Audit
169Chapter No.16
SPECIAL CONTROL TECHNIQUES
CONSTITUENTS
- Cost Benefit Analysis
- Breakeven Analysis
- Return on Investment (ROI)
- Payback method
- Discounting Techniques
- Human Resource Accounting (HRA)
170CHAPTER NO. 16 SPECIAL CONTROL TECHNIQUES
1. Cost Benefit Analysis - Estimation of
Benefits - Primary - Secondary
- Intangible - Estimation of
Costs - Initial Capital Investment - Operating
Cost
171CHAPTER NO. 16 SPECIAL CONTROL TECHNIQUES
2. Breakeven Analysis 3. Return on Investment
(ROI) 4. Payback Method 5. Discounting
Techniques - Ten Points Analysis - GE Model
(8 Points) 6. Human Resource Accounting (HRA)
172Chapter No.17
MANAGEMENT INFORMATION SYSTEM
CONSTITUENTS
- Definition
- Information Need Analysis
- Techniques of Work Simplification
- Developing MIS
- MIS Term Loan Summary
173CHAPTER NO. 17 MANAGEMENT INFORMATION SYSTEM
1. Definition - SIM-System of Information for
Management - Information-Processed form of
data - Be accurate - Be timely - Be
complete - Be concise - Be relevant
174CHAPTER NO. 17 MANAGEMENT INFORMATION SYSTEM
2. Information Need Analysis - Normal Strategy
- Mogenson - Work Simplification - Five
Steps 3. Techniques of Work Simplification
- Elimination - Combination - Reduction
175CHAPTER NO. 17 MANAGEMENT INFORMATION SYSTEM
4. Developing MIS - 8 Points - Levels
- Top - Level beneath the top
- Middle - Lower - Modus Operandi
176CHAPTER NO. 17 MANAGEMENT INFORMATION SYSTEM
5. MIS Term Loan Summary - 8 Points
177Chapter No.18
ORGANIZATIONAL CONFLICTS THEIR RESOLUTION
CONSTITUENTS
- Nature
- Types
- Conflict as a Powerful
- Conflict Process
- Conflict Aftermath
178Chapter No.18
ORGANIZATIONAL CONFLICTS THEIR RESOLUTION
CONSTITUENTS
- Sources
- Checklist Analysis at various Levels
- Power in Politics
- Normal Vs Parallel Banking Conflict
- Conflict Resolutions
- Resolutions of Conflict
179CHAPTER NO. 18 ORGANIZATIONAL CONFLICTS THEIR
RESOLUTION
1. Nature - People Disagree over means or
ends - Try to establish their own views - Ways
of conflicts - Harmony - Cooperation - Stab
ility
180CHAPTER NO. 18 ORGANIZATIONAL CONFLICTS THEIR
RESOLUTION
2. Types - Structurally based - Role - Institu
tionalized 3. Conflict as a Powerful Process
- Traditional View - No Conflict - Modern
View - Conflicts part of Organization-be
welcomed and handled
181CHAPTER NO. 18 ORGANIZATIONAL CONFLICTS THEIR
RESOLUTION
4. Conflict Process - Perceived - Lateral
- Felt - Manifold 5. Conflict Aftermath
- Win - Lose - Compromise - Lookout for
the next assault
182CHAPTER NO. 18 ORGANIZATIONAL CONFLICTS THEIR
RESOLUTION
6. Sources - Intra individual conflict - Inter
individual conflict - Inter group
conflict 7. Checklist Analysis at Various Levels
- Individual Level - Group
183CHAPTER NO. 18 ORGANIZATIONAL CONFLICTS THEIR
RESOLUTION
8. Power in Politics - Powerbase - Reward
- Coercion - Legitimacy - Referent
- Expertise
184CHAPTER NO. 18 ORGANIZATIONAL CONFLICTS THEIR
RESOLUTION
8. Power in Politics - Powerbase - Maintain
alliance with people - Embrace or demolish
forces - Divide and rule - Manipulate
classified information - Make a quick
showing - Avoid decision engagement
185CHAPTER NO. 18 ORGANIZATIONAL CONFLICTS THEIR
RESOLUTION
8. Power in Politics - Powerbase - Follow
the policy of camels head in the
tent - Take counsel with caution 9. Normal Vs
Parallel Banking Conflict - Normal-Allotment
- Parallel-Unauthorized
186CHAPTER NO. 18 ORGANIZATIONAL CONFLICTS THEIR
RESOLUTION
10. Conflict Resolution - General Approach
- Strategy - Third Party Intervention
- Arbitration - Mediation - Outside
Consultant - Coordination - Conflict Diagnosis
- Other Techniques
187CHAPTER NO. 18 ORGANIZATIONAL CONFLICTS THEIR
RESOLUTION
11. Resolution of Conflict - Pre-Diagnosis
- Diagnosis - Modes of Conflict Handling
- Implementation of Strategy
188Chapter No.19
ISLAMIC APPROACH TO MANAGEMENT
CONSTITUENTS
- Manager as a Trustee
- Importance of Labour
- Work Ethics Motivation
- Consultative Participative Approach
- Relations between Employer Employee
- Labour Management Relationships Islam
189CHAPTER NO. 19 ISLAMIC APPROACH TO MANAGEMENT
1. Manager as a Trustee 2. Importance of Labour
- Four factors of production - Labour Vital
factor of production 3. Work Ethics
Motivation 4. Consultative Participative
Approach
190CHAPTER NO. 19 ISLAMIC APPROACH TO MANAGEMENT
5. Relations between Employer Employee - Basic
Rights of Labourer - Adl-o-Ehsan 6. Labour
Management Relationships in Islam - Value
System in Islam - Concept of fair wage
191Chapter No.20
TOTAL QUALITY MANAGEMENT
CONSTITUENTS
- Prelude
- Quality Concept
- Challenges to Manager
- Case Study-Review
192CHAPTER NO. 20 TOTAL QUALITY MANAGEMENT
1. Prelude - Quality-Critical Aspect - Review
of Literature - IFAC Handbook - Managing
Quality Improvements - 134 Paragraphs,
11 Exhibits, 3 Appendices
193CHAPTER NO. 20 TOTAL QUALITY MANAGEMENT
2. Quality Concept - Transcendent
- Product-based - User-based - Manufacturing-
based - Value-based
194CHAPTER NO. 20 TOTAL QUALITY MANAGEMENT
3. Challenges to Managers - Awareness - Cost
Reduction via Quality Improvement - Quality
Costs - Cost of Prevention - Cost of
Appraisal - Cost of Internal failure - Cost
of External failure
195CHAPTER NO. 20 TOTAL QUALITY MANAGEMENT
3. Challenges to Managers - Innovative Role of
Manager and Quality Management Systems
- Supportive Logistical role - Use of
Statistical tools and process measures
- Innovative Role 4. Case Study-Review
196Chapter No.21
CASE STUDY APPROACH
CONSTITUENTS
- Concept
- Case Method-Inretospect
- Concept of a Case Method
- Early Development in Business
- Advantage
- Limitations
197Chapter No.21
CASE STUDY APPROACH
CONSTITUENTS
- Types
- Incident Case Approach
- Harvard Case Method Approach
- Case Analysis Techniques
- Tools for Case Analysis
198CHAPTER NO. 21 CASE STUDY APPROACH
- Concept
- Case Method-Intretrospect
- Concept of a Case Method
- Early Development in Business
- Advantages
- Limitations
199CHAPTER NO. 21 CASE STUDY APPROACH
- Types
- - Case Illustration
- - Case Problem
- - Case Studies
- - Case Projects
- Incident Case Approach
- Harvard Case Method Approach
200CHAPTER NO. 21 CASE STUDY APPROACH
- Case Analysis Techniques
- - Approach
- - Case Analysis
- - Case Analysis Method
- - Systematic Approach
- - Specific types of Analysis
- Tools for Case Analysis
201THANK YOU FOR JOINING US