Key Aspects of Management Process
Key Aspects of Management Process
Changing Environment
The Management process : Management is not a one step job. It is a process, a complex process. It is a set of activities designed to achieve an organization’s objectives by using its resources efficiently and effectively in a changing environment.
Basic activities of Management : Management has five components: 1. working with and through others, 2. Achieving organizational objectives, 3. balancing effectiveness and efficiency, 4. Making the most out of limited resources, 5. coping with a changing environment. These are as followed: 1. Working with and Through Others : Management is, above all else, a social process. Many collective purposes bring individuals together – building cars, providing emergency health care, publishing books, and on and on. But in all cases, managers are responsible for getting things done by working with and through others. Failure to do so, a manager is described as derailed and so the process of management is hampered. 2. Achieving organizational objectives : An objective is a target to be strived for and, one hopes, attained. Like individuals, organizations are more successful when their activities are guided by challenging, yet achievable objectives. Organizational objectives also serve later as measuring sticks for performance. Without organizational objectives, the management process, like a trip without a specific destination, would be aimless and wasteful. 3. Balancing effectiveness and efficiency : Distinguishing between effectiveness and efficiency is much more than an exercise in semantics. The relationship between these two terms is important, and it presents manager with a never-ending dilemma. Effectiveness entails promptly achieving a stated objective. Where efficiency is to achieve an objective using the required resources. For example, swinging a sledgehammer against the wall for killing a bothersome fly is much effective, but it is highly
Changing Environment
The Management process : Management is not a one step job. It is a process, a complex process. It is a set of activities designed to achieve an organization’s objectives by using its resources efficiently and effectively in a changing environment.
Basic activities of Management : Management has five components: 1. working with and through others, 2. Achieving organizational objectives, 3. balancing effectiveness and efficiency, 4. Making the most out of limited resources, 5. coping with a changing environment. These are as followed: 1. Working with and Through Others : Management is, above all else, a social process. Many collective purposes bring individuals together – building cars, providing emergency health care, publishing books, and on and on. But in all cases, managers are responsible for getting things done by working with and through others. Failure to do so, a manager is described as derailed and so the process of management is hampered. 2. Achieving organizational objectives : An objective is a target to be strived for and, one hopes, attained. Like individuals, organizations are more successful when their activities are guided by challenging, yet achievable objectives. Organizational objectives also serve later as measuring sticks for performance. Without organizational objectives, the management process, like a trip without a specific destination, would be aimless and wasteful. 3. Balancing effectiveness and efficiency : Distinguishing between effectiveness and efficiency is much more than an exercise in semantics. The relationship between these two terms is important, and it presents manager with a never-ending dilemma. Effectiveness entails promptly achieving a stated objective. Where efficiency is to achieve an objective using the required resources. For example, swinging a sledgehammer against the wall for killing a bothersome fly is much effective, but it is highly