February-2025 | ISBN: 978-93-6786-081-6
by: Mr. R. Gopalakrishnan | Mr. Sachinkumar Madhukar Wani | Mrs. U. Gopiga | Mr.T Kumarasan
Overview of the book
The book “Principles of Management” provides a comprehensive exploration of key management concepts, theories, and applications that are fundamental to organizational success. It begins with an introduction to management and organizations, covering the definitions, nature, and scope of management, as well as its role in economic development and business operations. The book discusses the functions of management, including planning, organizing, leading, and controlling, which serve as the foundation for effective managerial decision-making and strategic execution. It also elaborates on different levels of management, from top executives to frontline supervisors, and the necessary managerial skills such as technical, human, and conceptual competencies.
The text delves into the evolution of management theories, presenting classical approaches like Taylor’s Scientific Management and Fayol’s Administrative Theory, along with behavioral, quantitative, and modern management perspectives. It further examines entrepreneurship, emphasizing the characteristics, functions, and challenges of entrepreneurs in driving innovation and economic growth. The book also provides insights into business organization types, including sole proprietorships, partnerships, joint-stock companies, cooperatives, and public sector enterprises, helping readers understand the diverse structures of business entities.
The planning section covers business strategy development, forecasting, decision-making processes, and various planning tools, while the organizing segment highlights organizational structure, departmentalization, authority delegation, and human resource management. The book extensively discusses leadership and motivation theories, exploring their impact on employee performance and organizational effectiveness. Communication, as a crucial managerial function, is analyzed with its different forms, barriers, and strategies for enhancing workplace interactions.
The controlling function is explored through techniques like budgetary control, IT-based management control systems, and productivity management. Special focus is given to the system approach to management, emphasizing how organizations function as open systems interacting with their environments. The book also covers current trends in management, such as digital transformation, globalization, and ethical leadership.
With a structured approach and practical insights, this book serves as an essential resource for students, educators, and professionals in understanding the principles that govern successful management practices. It provides real-world applications and case studies, ensuring that readers gain both theoretical knowledge and practical expertise in handling managerial challenges. Whether for academic learning or professional development, “Principles of Management” offers a solid foundation for mastering the art and science of management in today’s dynamic business world.
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About the Authors'
Mr. R. Gopalakrishnan is an assistant professor in the department of civil engineering at 2126-sri Muthukumaran institute of technology , Chikkarayapuram chennai-69.He holds B.E in civil engineering Roever Engineering College, Perambalur, M.E in Structural engineering Ranganathan engineering college,coimbatore.He is in the teaching profession for more than seven years.He has attended many workshops and conferences.
Mr. Sachinkumar M. Wani, a Jalgaon, India native, embarked on his academic journey with a firm foundation in production engineering, culminating in a Bachelor of Engineering degree with First Class honors. He further honed his expertise, achieving a Master of Engineering in Mechanical Engineering with a specialization in Machine Design in 2012.
His teaching expertise encompasses a broad spectrum of subjects Principle of Management, that including in brief as:
- Management and Organizations: Providing students with a solid foundation in management principles, organizational behavior, and current trends in the field.
- Planning: Equipping students with the skills to effectively plan and execute engineering projects, including strategic management and decision-making techniques.
- Organizing: Imparting knowledge on organizational structures, human resource management, and job design principles.
- Directing: Cultivating leadership qualities in students and fostering effective communication skills.
- Controlling: Teaching students about control systems, performance management, and the use of technology in management control.
Complementing his industrial experience, Mr. Wani has dedicated 18 years to pedagogical pursuits, imparting his knowledge in both private and government engineering colleges. Presently, he holds the esteemed position of Assistant Professor in the Department of Mechanical Engineering at the Government College of Engineering, Jalgaon. Presently, He is engaged in advanced research as a Ph.D. candidate.
Mr. Wani’s professional trajectory spans over two decades, encompassing diverse roles within the manufacturing sector. Initially, he cultivated entrepreneurial acumen as the proprietor of a small firm. Subsequently, he contributed his skills as a production and quality engineer in a private limited organization, accumulating five years of valuable experience. His proficiency extends to the realm of management systems, where he adeptly oversaw both national and international projects during worked in industry. Furthermore, his mastery of various CAD software platforms facilitated the successful execution of few – design projects in industrial endeavors.
Mr. Wani’s scholarly contributions are evidenced by his publications in high-impact international journals, including Springer, Scopus, and UGC CARE. He has disseminated his research findings at numerous conferences, further solidifying his position as a thought leader in his field. His authorship extends to a published book on Material Science (2010), with another publication forthcoming. Furthermore, he has submitted a patent application, currently undergoing the review process. Mr. Wani’s expertise is also sought after by various public, private, and government organizations, where he provides technical consultancy services.
Beyond his professional pursuits, Mr. Wani cultivates a diverse range of interests. An avid reader, he finds solace in the written word. His creative spirit finds expression through singing and drawing. He maintains an active lifestyle, participating in sports such as cricket and basketball, and has attained proficiency in karate, evidenced by his possession of various belts.
Mrs.U Gopiga working as a Assistant Professor in the Department of Commerce, Excel College for Commerce and Science Komarapalayam Namakal. Attending numerous Faculty Development Programs (FDPs) and participating in various conferences, showcasing her commitment to academic excellence and her achievements in the field of education.
Mr. T. Kumarasan working as a HoD – Assistant Professor in the department of Aeronautical Engineering, J.J.College of Engineering and Technology – Trichy,, has about 09 years of teaching experience. He has published 10 research papers in referred international journal and various international conferences. His area of research in composite materials and aircraft propulsion. He is an active member of IAENG.