What Is Management? Explain Characteristics of Management?
What is Management? Explain characteristics of Management?
Management in all business and organizational activities is the act of coordinating the efforts of people to accomplish desired goals and objectives using available resources efficiently and effectively. Management comprises planning, organizing, staffing, leading or directing, and controlling an organization (a group of one or more people or entities) or effort for the purpose of accomplishing a goal. Resourcing encompasses the deployment and manipulation of human resources, financial resources, technological resources, and natural resources.
Characteristics of Management. 1. Management is a Goal Oriented Process. 2. Management is all Pervasive. 3. Management is Multidimensional. 4. Management is a Continuous Process. 5. Management is a group Activity. 6. Management is a dynamic Function. 7. Management is an intangible Force.
Management is a Goal Oriented Process.
An organisation has a set of basic goals which are the basic reason for its existence. These should be simple and clearly stated. Different organisations have different goals. For example, the goal of a retail store may be to increase sales, but the goal of The Spastics Society of India is to impart education to children with special needs. Management unites the efforts of different individuals in the organisation towards achieving these goals.
Management is all Pervasive.
The activities involved in managing an enterprise are common to all organisations whether economic, social or political. A petrol pump needs to be managed as much as a hospital or a school. What managers do in India, the USA, Germany or Japan is the same. How they do it may be quite different. This difference is due to the differences in culture, tradition and history.
Management is Multidimensional.
Management is a complex activity that has three main dimensions. These are:
(a) Management of work: All organisations exist for the
Management in all business and organizational activities is the act of coordinating the efforts of people to accomplish desired goals and objectives using available resources efficiently and effectively. Management comprises planning, organizing, staffing, leading or directing, and controlling an organization (a group of one or more people or entities) or effort for the purpose of accomplishing a goal. Resourcing encompasses the deployment and manipulation of human resources, financial resources, technological resources, and natural resources.
Characteristics of Management. 1. Management is a Goal Oriented Process. 2. Management is all Pervasive. 3. Management is Multidimensional. 4. Management is a Continuous Process. 5. Management is a group Activity. 6. Management is a dynamic Function. 7. Management is an intangible Force.
Management is a Goal Oriented Process.
An organisation has a set of basic goals which are the basic reason for its existence. These should be simple and clearly stated. Different organisations have different goals. For example, the goal of a retail store may be to increase sales, but the goal of The Spastics Society of India is to impart education to children with special needs. Management unites the efforts of different individuals in the organisation towards achieving these goals.
Management is all Pervasive.
The activities involved in managing an enterprise are common to all organisations whether economic, social or political. A petrol pump needs to be managed as much as a hospital or a school. What managers do in India, the USA, Germany or Japan is the same. How they do it may be quite different. This difference is due to the differences in culture, tradition and history.
Management is Multidimensional.
Management is a complex activity that has three main dimensions. These are:
(a) Management of work: All organisations exist for the