Management Principles and Practice KASNEB Notes

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KASNEB CS Foundation Level Notes

MANAGEMENT PRINCIPLES AND PRACTICE UNIT DESCRIPTION

This paper is intended to equip the candidate with the knowledge, skills and attitude that will enable him/her to apply management principles in decision making in a practical organisational context.

MANAGEMENT PRINCIPLES AND PRACTICE LEARNING OUTCOMES

A candidate who passes this paper should be able to:

  • Demonstrate understanding of management principles and techniques
  • Apply knowledge of management theories in organisations
  • Effectively practice management functions such as planning, organising, leading, and controlling in organisations (P-O-L-C framework)
  • Demonstrate understanding of management principles and techniques
  • Embrace and manage change
  • Develop capacity for making rational decisions

CONTENT

Introduction to management

  • Nature of management
  • Importance of management
  • Levels of management
  • Multi-disciplinary nature of Management s
  • Roles of management as advocated by Henry Mintzberg
  • The changing roles of management and managers
  • Qualities of an effective manager
  • Management, administration and leadership

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Evolution and development of management thought

  • Classical approaches to management
  • Taylor’s view point
  • Fayol’s administrative theory
  • Max Weber’s bureaucratic theory
  • Behavioural management approach
  • Elton Mayo-Human relation theory
  • Abraham Maslow’s theory
  • McGregor’s X and Y theory
  • Mary Parker Follett management theory
  • Modern management theories
  • Quantitative thinking
  • Systems thinking
  • Contingency thinking

Functions of management

Planning Function

  • Introduction to planning
  • Importance of planning
  • Macro-environment
  • Micro-environment
  • External environment
  • Internal environment
  • Planning process
  • Types of plans
  • Approaches to planning

Organising function

  • Meaning and importance of organising
  • Factors affecting the organising function
  • Process of organising
  • Principles of organising 3.Organisational structures

Staffing function

  • Meaning and importance of staffing
  • Staffing process
  • Factors that affect the staffing function
  • Components of the staffing function

Leading function

  • Meaning of leadership
  • Attributes and skills of a good leader
  • Delegation, responsibility and accountability
  • Difference between management and leadership
  • Power and Authority

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Controlling function

  • Meaning and importance of control
  • Steps in the control process
  • Types of control
  • Controlling for organisational and employee performance
  • Tools for measuring performance
  • Essentials of an effective control system

Enterprise management

  • Meaning and concept of entrepreneurship
  • Intrapreneurship in organisations
  • Entrepreneurial development
  • Enhancing creativity and innovation in organisations
  • Methods of generating ideas
  • Introduction to business plan
  • Protection of intellectual properties

Change Management

  • Meaning of change
  • Theories of change
  • The change process
  • Types of organisational change
  • Managing resistance to change
  • Innovation at the workplace

Project management

  • Project management concepts
  • Characteristics of a project
  • Importance of projects
  • Features of projects and baseline surveys
  • Project life cycle
  • Project planning and organising
  • Project resources and costing
  • Project completion and evaluation

Marketing management

  • Meaning and importance of marketing
  • Marketing management orientation/philosophies
  • Marketing mix
  • Developing of marketing information
  • Marketing strategies
  • Marketing research and intelligence
  • International marketing and e-commerce

Decision making

  • Importance of decision making
  • Decision making process
  • Decision making models/approaches
  • Types of decisions
  • Decision making under different conditions
  • Challenges in decision making
  • Problem solving skills
  • Effective decision making in today`s world

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