Saturday, February 22, 2020

What is management


What is management?
Management: Management is the process of dealing with or controlling things and peoples.
Management: Management is the process of administrating and controlling affairs of the organization.
Management: working with human financial and physical resource to achieve organizational objective by performance.
Management: management is act of what to do. when to do. Where to do and see that it is done in the best and cheapest way
Function of Management .

Planning ( Developed  plan)
Planning means deciding in advance.
What to do. when to do .where to do. To achieve organizational goals.
Plan is future course of action to achieve desire goals
Planning is determination of course of action to achieve desire goals.
                       Organizing  ( Making structure )
According to henry Fayol. To organize  a business is to provide it with everything useful or its functioning. Raw material tools. Capital and personal.
It is the process of bargaining together. Physical. Financial and human resource and developing productive relationship amongst them for achievement of organizational goals.
·      Identification of activities
·      Classification of grouping of activities
·      Assignment of duties
·      Delegation of authority
·      Creation of responsibility
·      Coordinating authority and responsibility relationship
 Staffing   ( Hire Qualified and Experiences employees)
Staffing is put right man on right job
According to Kootz & O’Donnell
Staffing involved managing the organization structure through proper and effective selection. Training appraisal and development of personnel to fill the rules designed to structure.
Staffing involve.
·      Right man on right job
·      Recruitment .selection and placement
·      Training and development
·      Remuneration ( Rewards. Salary .incentive)
·      Performance Appraisal.( to check performance of employees
·      Promotion and transfer
Directing
Direction is the inter-personnel aspect of management. Which deal with directly with influencing .guiding. Supervising .motivating .sub coordinating for achievement of organizational goals.
Directing has following elements.
·      Supervision
·      Motivation
·      Leadership
·      Communication
Supervision
It is act of watching and directing work and workers
Motivation
Inspiration. stimulating or encouraging the sub ordinates with zeal( extreme level) to work positive .negative .monetary.non monetary incentive may use be use for this purpose
Leadership
May be define as a process by which manager guide and influence the work of subordinates in desire direction
Communications
Is the process of passing information .experiance .opinio etc one person to another
Controlling
Controlling is the measurement and correction of performance .activities of subordinates
According ton Theo Heiman.
Controlling is the process of checking whether or not proper progress is being made toward the objective and goals and acting if necessary to correct any deviation
Controlling has following aspect
·      Established standard performance
·      Measurement of actual performance
·      Corrective action





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