Principles of Management

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* One Year MBA

Enrollment No.: MBA1/DEC14N/41471419851527F

DANIEL RAVI KUMAR

Semester - I

Assignment : 1

PRINCIPLES AND PRACITICES OF MANAGEMENT

Question 1) How will you influence people to strive willingly for group objectives in your organization (target based industry)? Apply your interpersonal influence through communication process towards attaining your specialized goals?

Answer 1) A big challenge faced by managers in any company is keeping their group/team together and ensuring that each and every group member is focused toward achieving the common goals and objectives assigned to the group by the company. A manager is successful only when he/she is able to extract the maximum efficiency from each group member. Especially in today's business environment when objectives are becoming more and more difficult to achieve and teams are becoming smaller due to cost constraints. A manager cannot afford to allow laxity in even a single group/team member.

Group objectives imply that a group of company employees collectively work together to achieve a common set of objectives within specified time frame(s). Essentially, the group would work to achieve targets assigned to them. A company would have a number of different groups or teams, each working on a different set of objectives. All groups effectively work together in this manner to contribute to achieve the broader goals of the company.

For example, in my company, which is a Construction (Infra) company, I have various Department or teams such as the Planning Team, the Structure team, the Road work team, the Store Department, Billing department, the Admin & accounts team, and so on.

The Planning Department plans out how to execute the project while considering Allocation of Labour, capital , plant & Machinery effective utilization in within the specific time.

The Stores Department is the one arranges material, spares, tools etc as per the site...