MANAGEMENT

 CONCEPT OF MANAGEMENT

What is Management?

Management is essential for an organized life and necessary to run all types of management. Good management is the backbone of successful organizations. Managing life means getting things done to achieve life’s objectives and managing an organization means getting things done with and through other people to achieve its objectives.

According to different authors,

    According to F.W. Taylor, ‘ Management is an art of knowing what to do when to do and see that it is done in the best and cheapest way ‘.

    According to Harold Koontz, ‘Management is an art of getting things done through and with the people in formally organized groups. It is an art of creating an environment in which people can perform and individuals and can co-operate towards attainment of group goals.‘

There are basically five primary functions of management.

1. PLANNING

2. ORGANIZING

3. STAFFING

4. DIRECTING

5. CONTROLLING

1. Planning: Deciding what needs to happen in the future and generating plans for action (deciding in advance).

2. Organizing: Organizing requires a formal structure of authority and the direction and flow of such authority through which work subdivisions are defined, arranged, and coordinated.

3. Staffing: Making sure the human and nonhuman resources are put into place.

4. Directing: Creating a structure through which an organization's goals can be accomplished.

5. Controlling: Checking progress against plans.

FIG 1 :- MANAGEMENT FUNCTIONS DIAGRAM

MANAGEMENTS HIERARCHICAL LEVEL OVER VIEW

1. Top-level managers:
The board of directors, president, vice-president, and CEO are all examples of top-level managers. These managers are responsible for controlling and overseeing the entire organization.

2. Middle-level managers:
General managers, branch managers, and department managers are all examples of middle-level managers. They are accountable to the top management for their department’s function.

3. Low-level managers:

Supervisors, section leads, and foremen are examples of low-level management titles. These managers focus on controlling and directing.

FIG 2:-  HIREARCHICAL VIEW OF MANAGEMENT IN ORGANISATION

WHY WE NEED MANAGEMENT?

Management in all business and organizational activities is the act of getting people together to accomplish desired goals and objectives using available resources efficiently and effectively. Since organizations can be viewed as systems, management can also be defined as human action (including design) to facilitate the production of useful outcomes from a system. Therefore, management is needed in order to facilitate a coordinated effort toward the accomplishment of the organization’s goals.

TIPS FOR BEING A GOOD MANAGER

Communicate. It is important to communicate with your team so you can understand their needs, evaluate their progress and help them achieve their goals.

Be positive. You should be the one to set an example for your team to follow. Be positive during your interactions with your team so they feel more comfortable communicating with you.

Train when needed. Assess the skills of your team and see if you could improve any areas with training. Training also helps your team learn new skills and fosters growth.

Collaborate. As a manager, you should feel comfortable delegating tasks, but you also work with your team to accomplish common objectives. Collaborating with your team will also allow you to see if there’s anything you can do to help individual teammates or the team as a whole.

Practice. Perhaps the best way to acquire new skills is to practice them in a real-life management setting. Gaining on-the-job experience in these skills will help you on the promotion ladder. Do your best for your team, serve as a leader and treat your team fairly.

FIVE BASIC FUNCTIONS OF MANAGER

1. Setting objectives

2. Organizing

3. Motivating the team

4. Devising systems of measurement

5. Developing people

THANK YOU