Management is a distinct process of activity planning, organizing, controlling, co-ordination directed at an organization. Management comprises planning, organizing, leading and controlling an organizing to accomplish the organization goals. The running of an organization is the function the efforts of people goals and object. Management is a social responsibility for effective planning and regulatory activities.
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Definition of Management
According to Henri Fayol, “Management is to forecast and plan, to organize, to command, to coordinate and to control.”
According to S.P. Robbins, “Management is the process of getting activities completed efficiently and effectively with and through other people.”
According to Frederick Winslow Taylor, “Management as knowing exactly what you want (People) to do, and then seeing that they do it in the best and cheapest way.”
According to Terry & Franklin, “Management is a distinct process consisting of activities of planning, organizing, actuating, and controlling performed to determine and accomplish stated objectives with the uses of human beings and other resources.”
Necessity
Management integral part of guides and advise an organization at every step. The following are the most important of management:
- Utilization of resource
- Increasing efficiency
- Developing standard of living
- Creation of employment opportunity
- Technology develops
- Increase production
- Restoration of discipline
- Waste reduction
- Solving problems
- Economic is developing
- Leadership
- Developing a cordial relationship
- Attaining objective
14 Importance Characteristics
Management is very similar to organizing. It involves planning, organizing, directing, controlling, motivation other effective is a good management. So, the following special characteristics of management:
- Continuous process
- Universality
- Unique skill
- Authority and responsibility
- Separate branch of knowledge
- Different level of management
- Social process
- Science and art
- Management is a profession
- Economic resource
- Human activities
- A special branch of knowledge
- Game of decision making
- Team effort
Scope
The scope of management is very wide and broadly includes within its fold, a variety of aspects of management operation. Management of effectiveness when it fulfills the following features:
Scope from organizational point of view
- In personal and family life
- In managing social organization
- Management and business field
- In the share of state
- In international level
Scope of management from functional point of view
- Managing organization
- Administering managers
- Managing workers
Scope on the basis management level
- Top Level management
- Mid level management
- Lower level management
Scope of management according to the nature of activity
- Office management
- Human resource management
- Material management
- Purchasing management
- Production management
- Marketing management
- Financial management
Objective
Management is the lifeblood of an organization. Ensure proper performance of organizational function and achievement of organization goals. Therefore, Objective of purpose management has the following objectives:
Primary objective
- Definite objectives
- Profit earning
- Maintaining existing
Secondary objectives
- Utilization of production component
- Development of human resources
- Application of modern techniques
- Development of labor management relationship
- Proper control
- Maintaining flexibility
- Effective policy making and implementing
- Ensuring social welfare
6 Importance Functional
The function of management is a step by step process of management organization. The manner in which management organization satisfies the requirement of the management for arriving at appropriate business decisions as follows:
- Planning
- Organizing
- Staffing
- Directing
- Leading and
- Controlling
Qualities of good manager
List of qualities of a good manager is following:
- Education and experience
- Managerial knowledge and experience
- Decision making skill
- Communication skill
- Innovative capacity
- Organizing capacity
- Leadership qualities
- Controlling capacity
- Motivational capacity
- Qualities of good character
- Health and mental energy
- Attractive personality
- Co-operative attitude
Conditions to a successful management career
The most high status positions is any organization is usually manageable. The conditions to a successful management career are given below:
- Select first job judiciously
- Do good work
- Creating the right image
- Learning the power structure
- Attaining control of organization resources
- Stay visible
- Don’t stay too long in your first job
- Find a mentor
- Support your boss
- Stay mobile
- Career in terms of skills
Social responsibilities
Social responsibility is the set of obligations organization and the society which it function. The concerned parities observation social responsibilities of management shows:
- Responsibility toward shareholders
- Responsibility towards employees
- Responsibility towards customers
- Responsibility towards producers of raw material and supplier
- Responsibility towards creditors
- Responsibility towards general community
- Responsibility towards local businessmen
- Responsibility towards government
- Responsibility towards trade association and
- Responsibility towards interest group
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