nature of management
Nature Of Management
Definitions of management
Management is the art of getting things done through other people. (Mery Parker Follet )
The process of planning, organizing, leading & controlling the work of organization members & of using all available organizational resources to reach stated organizational goals. (James A F Stoner )
Significance Of Management
1. Achieving organizational goals & objective efficiently & effectively
2. Getting maximum benefit from scare resources
3. Doing the right things correctly
4. Achieving needs of parties who are interested in organization's activities
5. To ensure stability of organization in competitive environment.
Crucial Elements In Management
Efficiency The ability to minimize the resources in achieving organizational objective “Doing things right “
Effectiveness The ability to determine appropriate objective “Doing the right things”
Productivity Getting more quality output with the less effort & resources
What Is Meant By Management
Process Of Management
Main Functions Of Managers / Management
1. Planning
2. Organizing
3. Leading (Staffing/Directing/Motivating/Communication)
4. Controlling
Kinds Of Managers By Level & Areas
Manager
“People responsible for directing the efforts aimed at helping organizations achieve their goals.”
A manager’s job is highly crucial to the success of any organization. It is the manager’s job to achieve the organizational objectives through the proper utilization of its human & material resources. However, since humans can only use the material resources of equipment, capital, facilities, information etc., the human
Definitions of management
Management is the art of getting things done through other people. (Mery Parker Follet )
The process of planning, organizing, leading & controlling the work of organization members & of using all available organizational resources to reach stated organizational goals. (James A F Stoner )
Significance Of Management
1. Achieving organizational goals & objective efficiently & effectively
2. Getting maximum benefit from scare resources
3. Doing the right things correctly
4. Achieving needs of parties who are interested in organization's activities
5. To ensure stability of organization in competitive environment.
Crucial Elements In Management
Efficiency The ability to minimize the resources in achieving organizational objective “Doing things right “
Effectiveness The ability to determine appropriate objective “Doing the right things”
Productivity Getting more quality output with the less effort & resources
What Is Meant By Management
Process Of Management
Main Functions Of Managers / Management
1. Planning
2. Organizing
3. Leading (Staffing/Directing/Motivating/Communication)
4. Controlling
Kinds Of Managers By Level & Areas
Manager
“People responsible for directing the efforts aimed at helping organizations achieve their goals.”
A manager’s job is highly crucial to the success of any organization. It is the manager’s job to achieve the organizational objectives through the proper utilization of its human & material resources. However, since humans can only use the material resources of equipment, capital, facilities, information etc., the human