What is management?
Management is considered to be the backbone of every organization. This is essential in order to achieve the goals and the objectives of the organization in the proper direction. The principles related to planning, organization, control, direction as well as the application will help in harnessing the financial, physical, human and informational resources efficiently as well as effectively so as to handle the organizational goals.
There are different inherent qualities of a leader and this is responsible for the fulfillment of the human efforts in order to manage the desired goals and objectives. Further, management is also considered to be the interchanged process that will assist in proper co-ordination with different types of resources and this must be carried out in an efficient and effective manner. Management is considered to be the system that deals with the authority and its related philosophy. There are different trends of management and this is necessary for participatory and democratic approaches. The modern management process is nothing but it is considered to be the main authority of different types of approaches. The aim of the management is to create surplus and this is universal for all the managers who are involved in this aspect. Moreover, management is also related to productivity and this will help in handling the objectives of the interested parties and the work that will be carried out by other people in the best possible way. Therefore, it can be said that the successful managers will have better urge for accomplishment and this will assist in the fulfillment of the goals.
Process of management
Management process involves setting the goals, controlling, executing as well as planning of the performance measurement and management system. There should be fulfilment of managerial effectiveness and this will guide the personal activities in a better way. The planning and organisation is considered to be the first step and this will be related to the actions and the objectives. It is the responsibility of the manager to co-ordinate the resources and activities so as to assemble and control the activities. The organization is generally the formal structured plan in order to fulfil the roles or the positions in the organisation in the best possible way. Further, the purpose of any organizational structure is to create local environment in order to fulfil the gaols of the organisation and thus improve the performance.
Another important management process is leading, directing as well as motivating the people in order to handle the challenges of different types of managerial activities. There will be creation of positive attitudes and goals and this will help to serve the objectives with efficiency and effectiveness. The other functions associated with it are communication, motivation and direction and this is regarded as part of the processor system. Further, monitoring and control will ensure that there is fulfilment of the organizational goals and this is essential in order to measure the performance and compare the standards. Thus, it can be said that all the functions associated with management is considered to be inter-related.
Management process example
Smith is the marketing manager of a company and thus he aims at increasing the sales. In order to do so, Smith has to carry out mapping along with her sales personnel in order to improve the sale process. This planning should be carried out in a logical way. On the other hand, it is the responsibility of Smith to distribute the resources and organize it among her employees. Smith will delegate the work process and thus there should be a proper direction in doing so. Further, Smith will also ensure that there is a higher level of productivity and thus she must fulfill her task in a better way.