Management Practices

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Who are Managers???
A manager is someone who coordinates and oversees the work of other people so that organizational goals can be accomplished. A manager’s job is not about personal achievements-it is about helping others do their work. That may mean coordinating the work of a departmental group, or it might mean supervising a single person. It could involve coordinating the work activities of a team of people from different departments or even people outside the organization, such as temporary employees or employees who work for organization’s suppliers. A manager’s work may also include duties not related to coordinating and overseeing others’ work. A manager is one who contributes to the organization’s goals indirectly by directing the efforts of others-not by performing the task himself. On the other hand, a person who is not a manager makes his contribution to the organization’s goals directly by performing the task himself. What is Management???

Simply speaking, management is what managers do. Management involves coordinating and overseeing the work activities of others so that their activities are completed efficiently and effectively, by the people responsible for doing them. According to Mary Parker Follett, “Management is the art of getting things done through people”. (by being with them) Two weaknesses of Mary Parker Follett’s Definition are:-

1. It uses the word “art” in defining management. To say that management is merely an art is to state a half-truth. Art deals with the application of knowledge. Management is not merely application of knowledge. It also involves acquisition of knowledge i.e. science. Management based on rules of thumb or intuition is not correct management. 2. This definition does not throw light on various functions of a manager. George R Terry defines management as a process “consisting of planning, organizing, actuating and controlling, performed to determine and accomplish the objectives by the use of people and resources.” This definition highlights:-

1. Management is a process-systematic way of doing things 2. Four management activities included in this process are: planning, organizing, actuating and controlling. 3. Planning means that managers think of their actions in advance, which are usually based on some method, plan or logic, rather than on a hunch. Organizing means that managers coordinate the human and managerial resources of the organization. Actuating means that managers motivate and direct subordinates. Controlling means that managers attempt to ensure that there is no deviation from the norm or plan. If some part of their organization is on the wrong track, managers take actions to remedy the situation. 4. Managers use people and other resources, such as, finance, equipment, etc. in attaining their goals. 5. Management involves the act of achieving the organization’s objectives. WHY STUDY MANAGEMENT???

* Management is needed in all types (manufacturing & service, profit as well as non-profit organizations) and sizes (large or small) of organizations, at all organizational levels (top, middle, bottom) and in all organizational work areas (production, marketing, HR, finance etc.), and in all organizations, no matter where they are located. This is known as the Universality of management. In all these organizations, managers must plan, organize, lead and control. * Management is universally needed in all organizations, but that’s not to say that management is done in the same way in every organization. (cultural adaptation) * Organizations that are well managed develop a loyal customer base, grow and prosper. Those that are poorly managed find themselves losing customers and revenues. * By studying management we can recognize poor management and ways to get it corrected. * Management is a critical element in economic growth of a country- brings together 4 factors of productions and enables a country to experience a...
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