** Definition of Management
Management is a process of decision making through managerial function for achieving predetermined goals and objectives.
"To management is to forecast and plan, to organize, to command, to coordinate and control " (Henry Fayol)
"Management is concerned with seeing that the job gets done effectively." (E.F.L Bread)
At last it is said that management is the process of designing & maintaining an environment in which individuals working together
In a group effectively accomplish selected aims by using '6M' (man, machine, material, method, money & market)
** Functions of management.
Planning :
It is the first and most
fundamental function of management. Planning means deciding in advance what is
to be done in future; how, when and where it is to be done, who is to do it and
how results are to be evaluated. Planning is thus looking a head and preparing
for the future. A successful enterprise depends on real plan.
Organizing :
After planning we have to
identify what kinds of man and materials we need. Than divide the
responsibility among the people and classify our department occasion.
Organizing is very essential to do these activities. In a word, organizing is
the management function that focuses on allocating and organizing human and
non-human resources so that plans can be carried out successfully.
Leading :
Leading means power of a person
to influence other to do or not to do any acts, jobs and works.
Motivating :
Motivating means influencing other
to do or not to do any acts, jobs and works.
Co-ordinating :
Co-ordinating means unifying,
synchronizing, all the activities performed into the organization, departments
and persons for performing every activity perfectly and making better
discipline and relation among employees of the organization.
Controlling:
Controlling means examine whether
all the activities are being performed according to plan, order, rules and
regulation and principles, if not, find out the cause of it and then rectify.
Describing all the functions of
management, we may state that these fundamental functions are very important
for a business to be successful and to achieve managerial goals.
** The various skills of a manager.
Robert L. Koontz identified three kinds of skill for
administrators. The managerial skills are given below with description:
Technical skills:
Technical management skill is the ability to use specific
knowledge. Techniques and resources in performing work. For example:
A manager may have technical skill in accounting, finance,
engineering, manufacturing and computer science for performing his management
jobs.
Human skills:
Human skill is the ability to work with people. It is
co-operative efforts, team work, creation of an environment in which people
feel secure and free to express their opinions.
Conceptual skills:
Conceptual skill is the ability to see the big picture, to
recognize significant elements in a situation and understand the relationship
among the elements.
The relative importance of three skills may be differ at
various levels of the organization; hierarchy.
Figure : Skills of Managers
** The importance of management.
As an important social process, management has a popularity
in every stage of family, society and state from the beginning time of
civilization. At present the importance of management is being in creased very
swiftly in to the perfect competitive world. The importance of management is
given bellow-
Proper/good utilization of raw materials:
Only it is not enough objective to stay land, labour. Capital
and e.t.c goods in any where for producing. Which matter is important. A
manager utilizes the raw materials by all his activities.
High Production:
Management is very needed for high and complex production.
There is no exceptional things in perfect competitive business stage for high
production without skilled management.
Establishment of goods:
Management affect the establishment of many social, political
and economic goods of any country.
Make relationship:
Always management makes a good relationship between a country and other countries by it activities. Making good relationship is very needed for developing a business firm, society and a country. Other wise it also makes a good relationship between labour and of an organization.
General development:
Skilled management is the key to general development of a
country. Now-a-days Japan
has achieved her success by the skilled management. All works of management
have helped to develop of an unit, an organization, man, society and general
development of a country.
Employment agency:
Management not only try to achieve its objectives but also
work as an employment agency, it employees many peoples in to an agency by
establishing, developing and increasing various business firm and organization.
At last we may say that we are unable to compare the
importance of management with any important things of the current world.
According to 'Roosevelt'.
‘‘No ideology, no information system management, no
political theory can win a greater output with less effort from a giver complex
of human and material resources, without sound management”
** Characteristics or Nature of management.
A present. Into the perfect competitive market management
has popularity as an important social process. It has some characteristics or
rapture and these qualities are given below-
1. Management is a distinct process.
2. Management is meaningful and purposeful.
3. Management is an activity of a person or a group of
person.
4. It is associated with groups.
5. It makes thing happen.
6. Management is accomplished by/with/through the effort of
other.
7. Management is intangible.
8. Management is ingredient of organized work.
9. Management is considered as science as well as arts.
10. Management is multidisciplinary.
11. Management is sum of the planning. Organizing, staffing,
leading and controlling managerial function.
At last, stating above all these characteristics we can say
that management is fully establish on these characteristics.
** Various managerial roles
played in an organization.
Managerial roles indicate what types of jobs managers actually play and how
they spend their time. ‘Henry Mintzberg’ determined that manager serve in ten
different but closely related roles.
They can be separated into three categories:
Such as:
1. Interpersonal role.
2. Informational role.
3. Decisional role.
1. Interpersonal role:
It grows out of the managerial formal authority and focus on
interpersonal relationship.
a) Figure head role:
Figure head role is symbolic or ceremonial in nature.
Example: a college dean hands out diploma at graduation.
b) Leadership role:
This roles involves coordinating, directing, controlling
and making sure that thins are going on according to the plan.
c) Decisional role:
Maintain self-developed network of outside contact and
information who provide favours and information.
2. Informational role:
Establishes the managers as the central point for receiving
and sending non-routine information.
a) Monitor:
Seeks and receives wide variety of special information to
develop a through undertaking of the organization.
b) Dissemination:
Transmit information received from outsiders or from
subordinate members of the organization.
c) Spokesman:
Transmit information to outsiders on the organizational
plans, policies, actions and results.
3. Decisional roles:
Decisional roles are the most important managerial roles.
a) Entrepreneur role:
Entrepreneur role is to change the unit for the better.
Example Dean plan to advance the quality of education.
b) Disturbance handler role:
Disturbance handler role makes decision or takes action when
organization faces important unexpected disturbance.
c. Resource allocator role:
Resource allocator role places a manager in the position of
deciding who will get what resources.
d. Negotiator role:
By this role a manager represent the organization at
negotiation for advantages.
At last we want to say that all the above stated roles are
interrelated. They must not be neglected in order to function effectively.
** Principles of management used in an organization as guideline.
‘‘Henry Fayol” the father of modern management, expressed
his thinking in fourteen principles for effective management and these are used
widely today as a guideline.
These principles are as follow as:
1. DIVISION OF WORK
2. AUTHORITY
3. DISCIPLINE
4. UNITY OF COMMAND
5. UNITY OF DIRECTION
6. SUBORDINATION OF INDIVIDUAL INTERESTS TO THE GENERAL INTERESTS
7. REMUNERATION
8. CENTRALIZATION
9. SCALAR CHAIN
10. ORDER
11. EQUITY
12. STABILITY OF TENURE OF PERSONNEL
13. INITIATIVE
14. ESPRIT DE CORPS
1. DIVISION OF WORK :
This is the specialization that economists consider this necessary for efficiency in the use of labour.
This is the specialization that economists consider this necessary for efficiency in the use of labour.
2. AUTHORITY & Responsibility :
Here Fayol finds, when any responsibility will be given to subordinates, necessary authority have to be given them for performing that activity.
Here Fayol finds, when any responsibility will be given to subordinates, necessary authority have to be given them for performing that activity.
3. DISCIPLINE :
People in the organization, must respect the rules and the government and the organization.
People in the organization, must respect the rules and the government and the organization.
4. UNITY OF COMMAND :
This means that employees should receive orders from one superior only.
This means that employees should receive orders from one superior only.
5. UNITY OF DIRECTION :
Each group of activities with the same objective must have one head and one plan and similar activities in an organization should be grouped together under one manager.
Each group of activities with the same objective must have one head and one plan and similar activities in an organization should be grouped together under one manager.
6. SUBORDINATION OF INDIVIDUAL INTERESTS TO THE GENERAL INTERESTS :
Interest of individual should not be placed before the goals of the over all organization.
Interest of individual should not be placed before the goals of the over all organization.
7. REMUNERATION :
According to the principle, remuneration and pay should be given to the employees fairly that every side become satisfied.
According to the principle, remuneration and pay should be given to the employees fairly that every side become satisfied.
8. CENTRALIZATION :
Power and authority should be centralized at the upper levels for the well-being of the organization.
Power and authority should be centralized at the upper levels for the well-being of the organization.
9. SCALAR CHAIN :
A chain of authority should extend from the top to bottom of the organization and should be followed all time.
A chain of authority should extend from the top to bottom of the organization and should be followed all time.
10. ORDER :
Human and material should be placed properly. So it become easy to find the right thing at the right time.
Human and material should be placed properly. So it become easy to find the right thing at the right time.
11. EQUITY :
Managers should show kind and fair behave with subordinates so that they become agree to accomplish the activities. Moreover All employees should be treated as equally as possible.
Managers should show kind and fair behave with subordinates so that they become agree to accomplish the activities. Moreover All employees should be treated as equally as possible.
12. STABILITY OF TENURE OF PERSONNEL:
Job security is very necessary for developing an organization because if an employee may get certainty about his job. he will do his duty attentively.
Job security is very necessary for developing an organization because if an employee may get certainty about his job. he will do his duty attentively.
13. INITIATIVE :
Subordinate should have the freedom to take initiative. Management should take steps to encourage worker initiative, which is defined as new or additional work activity undertaken through self direction.
Subordinate should have the freedom to take initiative. Management should take steps to encourage worker initiative, which is defined as new or additional work activity undertaken through self direction.
14. ESPRIT DE CORPS :
Team work, team spirit and a sense of unity and togetherness should be fostered and maintained.
Team work, team spirit and a sense of unity and togetherness should be fostered and maintained.
** How many types of managers perform their role in an organization?
There are several types of managers perform their role in an organization according to their skill, knowledge and performance.
The types of managers are discussed below with a diagram-
Top managers:
Top managers make up the relatively small group of executives who control the organization. Such as president, vice president and chief executive officer.
(Thus, Dorald Petersen of Ford is a top manager)
Middle managers:
Middle management is probably the largest group of managers in most organization. Common middle management titles in clued plant manager, operation manager and division head.
(Thus, the general manager of a Ford assembly plant in Detroit is a middle manager.)
First line managers:
First line managers supervise and co-ordinate the activities of operating employees. Such as foreman, supervisor and office manager.
(A shift fore man with in a ford assembly plant is a first line manager)
at last from the above discussion it is said that In contrast to top and middle managers, first line managers typically spend a large proportion of their time supervising the work of subordinates.
** Is it possible to take management as a profession? Prove it.
A systematic body of knowledge:
It anyone wants to
take management as a profession, he has to acquire knowledge in management. If
he does not acquire knowledge in specific way he can not take it as a
profession.
Competent application:
For a profession, there is need for satisfying the minimum
academic and other qualification, management is not able to get permit for
taking it as a profession.
Code of ethics:
In case of professional men generally is need for following
a code of conduct, prescribed by the particular profession.
Responsibility to the society:
It any one takes management as profession, he has some
duties for society. If he does not do any duty for the society; it will not be
a profession.
Thus, discussing these points, I can say that management is
a profession and as a profession, management do many work for the society which
are very much necessary for the people of society in various stage.
** Various Environment where a manager performs his jobs.
Picture showing Business / Management Environments
1. Natural Environment :
Climate, river, Natural diversity, rocks and hills, land, area, position, Mineral, forest, graphical structure.
2. Economic Environment :
Savings mentality, capital, economic system, financial institutes, Labour and human resources, economic and loan system, income and expenses, consumption.
3. Social environment :
Population, belief, education culture, social organization, taste and choice, behaviour, dignity, nationality, religion.
4. Political Environment :
government, government rules & regulation, government principle, political parties & their psychology, sovereignty, political discipline, political thinking of people, government stability.
5. Technological Environment :
science research centre / institute, developed technological organization, scientific & Vocational education, technical education.
6. Legal Environment :
International law, business law, labour law, environment promotion and protection law, International law, Government finance law, law of tax / vat / excise, investment law, wages law.
** What is scientific management?
Scientific management:
Depending on no traditional system, if management functions
and operations are performed by/according to scientific, particular and
standard rules, regulations, formulas, systems process, methods and principles
created of gained by/ through systematic observations, experiments,
examinations, audit, analysis and reasoning is called scientific management.
** What are the principles of scientific management?
F.W. Tailor, the father of scientific management, expressed
his opinion in his book named. ‘‘The scientific management” on 1911 under the
four principles which are given below.
1. Application of scientific methods or systems in place of
traditional systems or methods.
2. Selection, training and development of workers, employees
through scientific ways.
3. Establishment of cordial relationship among the workers
and management.
4. Proper distribution of works and responsibilities among
workers and management according to their qualification.
** Mention the different aspects of scientific management.
There are two different aspects of scientific management:
1. Human Aspect.
2. Non-human Aspect.
1. Human Aspect.
- Procurement of proper manpower.
- Providing necessary training.
- Time Study.
- Motion Study.
- Fatigue Study.
- Introduction of incentive wages system.
- Establishment of cordial labour management relationship.
2. Non-human Aspect.
- Using modern machinery.
- Using qualified raw-materials.
- Distributing functional responsibilities.
- Creating better factory environment.
- Centralized planning & controlling.
** The contributions of Frank and lillina Gilbreth to put scientific management into effect.
Lillian and Straight to the point Gilbreth were sure that the revolutionary ideas of Frederick Winslow Taylor, as Taylor formulated them, would be neither easy to execute nor adequate; their usage would require hard work by both architects and psychologists to make them effective. Both Lillian and Plain Gilbreth accepted that scientific management as formulated by Taylor missed the mark when it came to dealing with the human component on the shop floor. The Gilbreths helped define a valuable critique of Taylorism; this critique had the backing of other effective managers.Her work incorporated the promoting examination for Johnson & Johnson in 1926 and her endeavors to enhance ladies' spending choices amid the first years of the Incomparable Misery. She likewise helped organizations, for example, Johnson & Johnson and Macys with their management divisions. In 1926, when Johnson & Johnson contracted Lillian as a specialist to do promoting examination on sterile napkins., the firm profited in three ways. To start with, it could utilize her preparation as a psychologist in measuring and the analysis of states of mind and assessments. Second, it could give her the experience of a designer who has some expertise in the communication in the middle of bodies and material articles. Third, she would be an open picture as a mother and a modern career woman to build consumer trust.
** Management by Objectives (MBO)
is a process of characterizing goals inside of an association so that administration what's more workers consent to the destinations and comprehend what they have to do in the association. The expression "administration by destinations" was initially advanced by Diminish Drucker in his 1954 book 'The Practice of Administration'. The pith of MBO is participative objective setting, picking course of activities and choice making. A vital piece of the MBO is the estimation and the correlation of the employee's genuine execution with the models set. In a perfect world, when representatives themselves have been included with the objective setting and picking the blueprint to be trailed by them, they are more inclined to satisfy their obligations. As indicated by George S. Odiorne, the arrangement of administration by targets can be portrayed as a procedure whereby the prevalent and subordinate directors of an association together distinguish its basic objectives, characterize every individual's real territories of obligation as far as the results expected of him, and utilization these measures as aides for working the unit and surveying the commitment of each of its individuals. Here is a snappy 5 stage procedure plot that most organizations utilization to oversee MBOs (Management by Objectives), recapping some of the things I discussed in my last post. As you will see, this is simply sound judgement. To start with, organizations need to set corporate targets. A few objectives are then set for the representatives to meet those destinations. The worker execution is then measured through the execution cycle, and assessed at the end. At last, the representative is compensated for his or her execution, and we rehash the cycle. To expound on the remarks I got in the last post, setting great destinations is vital; that is at the center of MBOs. Contingent upon the level of sophistication of the MBO arrangement, some assistance with objective setting , yet most arrangements just assist to oversee them. A major part of MBO arrangements is the execution observing .Generally, that is an action performed toward the end of an execution cycle. With a MBO arrangement, chiefs can for the most part record some criticism about how representatives performed on a sure point of reference at whatever time. Along these lines, the worker's commitment is not overlooked when it's chance to assess them. The execution assessment is anot her huge bit of MBO administration. It is identified with execution observing be that as it may, records last perceptions.
Management by Exception
is an "approach by which
administration dedicates its time to researching just those circumstances in
which real results contrast altogether from arranged results. The thought is
that administration ought to spend its valuable time focusing on the more
critical things, (for example, forming the organization's future key course).
Consideration is offered just to material deviations obliging
examination." It is not by any means synonymous with the idea of special
case administration in that it portrays an arrangement where outright centre is
on special case administration, as opposed to direct utilization of exemption
administration. In Venture Administration, a ramification of Management by Exception
is that the undertaking board ought to meet when key choices about the
undertaking ought to be taken, and not on standard interims. The Project Supervisor
ought to deliver an Special case Report to summon the board for such meet.
** Is management science or the art .
Management as a Science :Practicing managers who put stock in management as a science are liable to trust that there are ideal managerial practices for certain situations. That is, when faced with a managerial dilemma, the manager who has faith in the scientific foundation of his or her craft will expect that there is a rational and target way to focus the right game-plan. This manager is liable to take after general principles and theories and also by creating and testing speculations. For instance, if a manager has an issue with a worker's poor work performance, the manager will look to particular means of performance change, expecting that certain principles will work much of the time. He or she may depend on ideas learned in business school or through a company training program when deciding a game-plan, perhaps paying less attention to political and social factors included in the situation. Many early management researchers subscribed to the vision of managers as researchers. The scientific management development was the primary driver of this viewpoint. Scientific management, spearheaded by Frederick W. Taylor, Frank and Lillian Gilbreth, and others, attempted to find "the one most ideal way" to perform employments. They utilized scientific procedures to evaluate and organize work with the goal that it became more efficient and effective. Scientific management's emphasis on both diminishing inefficiencies and on understanding the brain science of workers changed manager and representative attitudes towards the practice of management. See Display 1 for a principles' summary of scientific management.
Management as an Arts :
Practicing managers who have confidence in management as an art are unrealistic to trust that scientific principles and theories will have the capacity to actualized in actual managerial situations. Instead, these managers are liable to depend on the social and political environment encompassing the managerial issue, utilizing their own insight into a situation, rather than non specific principles, to focus a game-plan. For example, as a contrast to the example given already, a manager who has an issue with a worker's poor work performance is prone to depend on his or her own encounters and judgment when addressing this issue. Rather than having a standard reaction to such an issue, this manager is liable to consider a broad range of social and political factors, and is prone to take diverse actions relying upon the issue's connection. Henry Mintzberg is probably the most surely understood and unmistakable advocate of the school of suspected that management is an art. Mintzberg is an academic researcher whose work capturing the actual daily tasks of real managers was noteworthy research for now is the right time. Mintzberg, through his observation of actual managers in their daily work, verified that managers did not sit at their work areas, considering, evaluating, and choosing all day long, meeting expectations for since quite a while ago, continuous time periods. Rather, Mintzberg verified that mangers engaged in extremely fragmented work, with constant intrusions and rare chances to discreetly consider managerial issues. In this way, Mintzberg changed considering managers at the time that his work was distributed, challenging the earlier thought that managers behaved rationally and methodically. This was in accordance with the point of view of management as an art, because it indicated that managers did not necessarily have routine behaviors consistently, but rather instead utilized their own social and political abilities to take care of issues that arose over the span of work.
** Distinction between administration and management.
Management and administration may appear the same, however there are contrasts between the two. Administration needs to do with the setting up of destinations and vital arrangements of each association. What is comprehended by management, nonetheless, is the demonstration or capacity of putting into practice the arrangements and arrangements settled on by the administration.Administration is a determinative capacity, while management is an official capacity. It likewise takes after that administration settles on the imperative choices of an endeavor in its whole, while management settles on the choices inside of the bounds the structure, which is set up by the administration.
Administration is the top level, though management is a center level action. If one somehow managed to choose the status, or position of administration, one would find that it comprises of proprietors who contribute the capital, and get benefits from an association. Management comprises of a gathering of managerial persons, who influence their expert aptitudes to satisfy the destinations of an organization.
Administrators are typically found in government, military, religious and instructive organizations. Management is utilized by business endeavors. The choices of an organization are molded by popular sentiment, government arrangements, and social and religious components, while management choices are formed by the qualities, assessments and convictions of the mangers.
In administration, the arranging and sorting out of capacities are the key elements, though, so far as management is concerned, it includes rousing and controlling capacities. With regards to the kind of abilities needed by a administrator, one needs managerial qualities, rather than technical qualities. In management, technical abilities and human connection management abilities are urgent.
Administration for the most part handles the business perspectives, for example, money . It might be characterized as an arrangement of proficiently sorting out individuals and assets, in order to make them effectively seek after and accomplish normal objectives and targets. Administration is maybe both a craftsmanship and a science. This is on the grounds that directors are eventually judged by their execution. Administration must join both authority and vision.
Management is truly a subset of administration, which needs to do with the technical and commonplace features of an organization's operation. It is not quite the same as official or key work. Management manages the representatives. Administration is above management, and activities control over the fund and licensing of an organization.
Premise of contrast Administration Management Nature of work It is worried about the It puts vigorously the strategies determination of destinations and arrangements set around the significant approaches of an association. organization. Kind of capacity It is a determinative capacity. It is an official capacity. Scope It takes significant choices of an It takes choices inside of the venture all in all. structure set by the organization. Level of power It is a top-level movement. It is a center level movement. Nature of status It comprises of proprietors who contribute It is a gathering of administrative capital in and get benefits staff who utilize their from an undertaking. specific learning to satisfy the targets of an endeavor. Nature of use It is prevalent with government, It is utilized as a part of business undertakings. military, instructive, and religious associations. Choice settling on Its choices are impacted by Its choices are affected by popular assessment, government the qualities, suppositions, and convictions arrangements, social, and religious of the chiefs. variables. Primary capacities Planning and sorting out Motivating and controlling capacities are included in it. capacities are included in it. Abilities It needs regulatory rather It requires technical activities than technical abilities. Distinguish between administration and management are given below with a structure :
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