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management

Management is a core process that involves efficiently and effectively achieving organizational objectives through coordination and the guidance of managers. It encompasses principles that serve as flexible, general guidelines for decision-making and adapting to changing situations. Key figures in the development of management principles include Henri Fayol and F.W. Taylor.

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14 views

management

Management is a core process that involves efficiently and effectively achieving organizational objectives through coordination and the guidance of managers. It encompasses principles that serve as flexible, general guidelines for decision-making and adapting to changing situations. Key figures in the development of management principles include Henri Fayol and F.W. Taylor.

Uploaded by

VijayaRam
Copyright
© © All Rights Reserved
We take content rights seriously. If you suspect this is your content, claim it here.
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Download as PDF, TXT or read online on Scribd
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Management

Management is a core process in any business or non-business organisation.


Management is a process of getting things done efficiently and effectively. In other
words, the way of handling and managing the day to day chores for a better future
results, in a way that minimises the cost and increases productivity, leading to the
achievement of the goals.
According to Kreitner, “Management is the process of working with and through
others to effectively achieve organisational objectives by efficiently using limited
resources in the changing environment.”
According to Massie and Douglas, “Management is the process by which a
cooperative group directs actions of others towards common goals.”
Though different analysts have given different definitions of the matter, the core
meaning is to attain the objectives efficiently and effectively.
The key role in the process is of the manager. A manager is responsible for setting
objectives, organising resources and guiding, leading, influencing and motivating
staff. The goals can be achieved more efficiently if the organisation has a good
manager.
The most important requirement for managing is coordination. Coordination
integrates the efforts of the individuals and departments. In the absence of
coordination, there will be no harmony. It is through the process that a manager
ensures the orderly arrangement of individual and group efforts to ensure unity of
action.
Principles of Management
Management principles contribute toward the development of management. These
are the general guidelines which help in the decision-making process in the
management and help in determining the behaviour of the managers in certain
situations.
Management principles are not rigid as it deals with human behaviour, and therefore,
need to apply these creatively and according to the demands of the situation.
Principles have to keep pace with technological and human behavioural changes.
The basic features of the principles can be characterised as:
Formed by practice: The principles are formed by practise and experimentation, in
other words by observing the human behaviour in certain recurring situations.
General Guidelines: These are the general guidelines, not rigid. This shows a
manager the pathway to deal with the demand of the situation.
Flexible: these are the general guidelines, that can be modified by the manager
when the situation demands.
Universal applicability: The principles are applicable or helpful, whether the
organisation is a business entity or non-business.
Principles of management should be distinguished from techniques of management.
The latter are methods to accomplish the desired goals while principles are the
general guidelines for making decisions easier while practising the techniques.
The Principles of Management were laid down by Henri Fayol and the Principles of
Scientific Management were laid down by F.W. Taylor.

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