Principles and Practices of Management
Course Objectives
- To understand the basic concepts, principles, and theories of management.
- To examine the essential functions of managers.
- To analyze the impact of globalization, diversity, and ethics on management.
- To develop skills in strategic planning, decision-making, and leadership.
Course Content
Unit 1: Introduction to Management
Definition, nature, and significance of management, principles of management, management and administration, levels of management, role of managers and managerial skills; Evolution of management thought: Classical, Behavioral, Quantitative, Systems, Contingency and Modern approaches; Management as a science and an art; Functions of management: Planning, organizing, leading, and controlling.
Unit 2: Planning, Organizing and Staffing
Nature, Importance and Purpose of planning in management; Types of plans: Strategic, tactical, operational; Planning process and techniques; Decision-making - Importance and steps, decision making models and tools; Organizational structure and design; types of organizational structures: Functional, divisional, matrix; Authority, responsibility, and delegation, Centralization Vs Decentralization of authority and responsibility - Span of Control; Coordination and integration, MBO and MBE; Nature and Importance of staffing – Process of selection and recruitment.
Unit 3: Leading, Directing and Controlling
Meaning and nature of directing, Leadership theories (trait, behavioral, contingency, participative, charismatic, transformational, level-5 leader), Motivation theories and practices (Maslow, Herzberg two factor, McGregor's theory X & theory Y), Hawthorne effect, Communication (meaning and importance) in management, Team building and group dynamics; Controlling - meaning and steps in controlling, control process and systems, essentials of sound control system, methods of establishing control, types of control; Performance measurement and management.
Unit 4: Strategic Management, Ethics and Social Responsibility
Overview of strategic management, SWOT analysis and strategic formulation, Implementing and evaluating strategies. Ethical issues in management, Corporate social responsibility (CSR), Sustainable management practices.
Suggested Readings
- Rao, V. S. P. Management Principles and Applications. Taxmann Publications.
- Bright, D. et al. Principles of Management. OpenStax Textbooks, Houston.
- Kapoor, Premvir. Principles of Management. Khanna Book Publishing.
- Jones, G. R., and George, J. M. Essentials of Contemporary Management. New York, NY: McGraw-Hill Education.
- Robbins, S. P. & Coulter, M. A. Management. Pearson.
- Reference: Indian Business Rising: The Contemporary Indian Way of Conducting Business—And How It Can Help You Improve Your Business. Harvard Business Review Press.


