- Flowchart: Flowcharts of reporting links have been found in organizational hierarchies. Work process flows are also documented using flowcharts.
- Checklist: A check sheet is a fundamental quality tool for gathering data. A check sheet could be used to keep track of how many times a specific incidence occurs.
- Control Charts: Also known as run charts are used to plot data points over time and provide a visual representation of the data’s movement. These graphs show if data is consistent or whether there are high or low outliers in data occurrences.
- Scatter Diagrams: Scatter diagrams are graphs that show how variables are related. Variables are frequently used to illustrate potential causes and effects.
- Return on Investment (ROI): Profits are a crucial control device since they measure a company’s total efficiency to its invested capital. It will be used to gauge good performance if the rate of return on investment (shareholders’ cash) is relatively satisfactory.
- Program Evaluation and Review Technique (PERT): The Programme Evaluation and Review Technique (PERT) was first designed as a management tool for coordinating and early completion of the Polaris Ballistic Missile Project in the United States resulted in a 30% decrease in project execution time.
- Management Information System (MIS): Management information system (MIS) is a method of giving timely, adequate, and correct data to the appropriate individual in a company, allowing them to make the best decisions possible.
- Management Audit: An independent agency conducts a management audit to determine whether management is being carried out most effectively or not. If there are flaws at any level, recommendations for improving managerial efficiency should be made.
OVERVIEW OF MANAGEMENT
Definition and importance of management
Functions of management
Managerial roles
Evolution of management thought
Types of management environment
0/6
PLANNING FUNCTION
Meaning and importance of planning
Principles of planning
Purpose of planning
Types of plans
Planning tools
Process of planning
Planning challenges
Making plans effective
Management by objectives
0/10
ORGANIZING FUNCTION
Meaning and Importance of Organizing
Structure and Designs of Organizations
Principles of Organizing
Process of Organizing
Delegation
Coordination
Centralization and Decentralization
Informal Organizations
0/9
STAFFING FUNCTION
Meaning and Importance of Staffing
Human Resource Planning
Recruitment and Selection
Training and Development
Performance Management
Reward Management
Separation
0/8
DIRECTING FUNCTION
Meaning and Importance of Directing
Leadership
Motivation
Communication
Group Dynamics
Conflict Management
0/7
CONTROLLING FUNCTION
Meaning and Importance of Controlling
Elements of Control
Characteristics of Effective Controls
Control Process
Role of Control in an Organization
Tools of Controlling
0/7
STRATEGIC MANAGEMENT
Overview of Strategic Management
SWOT Analysis
Strategy Formulation
Strategy Implementation
Strategy Evaluation
0/6
EMERGING ISSUES AND TRENDS
Organization Culture
Ethics and Social Responsibility
Managing Innovation and Change
Diversity and Inclusion
Corporate Governance
Globalization
0/7