Introduction to Management
Management nowadays can be seen as one of the most important factors to determine the success of one’s organisation or any business activities. Donnelly et al, (1987) emphasized that there are two important reasons on why we should study about management. The first reason is modern society today depends on specialised institutions and organisations to provide goods and services that we desire daily. These organisations are guided and directed by decisions of one or more individuals called “managers”. The managers have the authority and the responsibility to allocate society’s resources to the various and often competing ends. Apart from that, the manager is the person in charge to build safe or unsafe products,
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Analysis of study 1.1 Importance of Management
An organisation is a goal-directed, deliberately structured group of people working together to achieve results. In all kind of organisations such as business, governmental, educational, religious and also the service sector required managers to help them to set up direction for other employees to follow as the guidelines. Targets or objectives can only be achieved by focusing on the efforts on how to achieve the target by considering all the resources efficiently and effectively. Management can be defined as the process of planning, organizing, staffing, leading or directing, and controlling an organisation or effort for the purpose of accomplishing a goal. While on the other hand, resourcing involved the process of deployment and manipulation of human resources, financial resources, technological resources and natural resources.
1.2 Managerial Functions : Four Different Functions by Henri Fayol
There are many terms that can be described to define management. However, Henri Fayol emphasized that there are only four main functions that has actually work as the guidelines for most of the managers in many years. The four different functions as per below;
* Planning
A process where the manager identifies and organisation’s goals and strategies and also decides on what is going to happen in the future and generates plans for action as the
There are many different definitions of management. The classical authors considered the management is a role that aims to achieve effective operation, make regulations, provide directions and control resources (Whetten and Cameron, 2002). However, the newer visions focus more on management as a communication job in order to finish the work (Williams, 2010). Daft (2011) adds the coordinating others to meet the new challenges becomes a crucial task for modern management. Passage with time, the requirement of
Asforthe word ‘management’, there has been long debate about its meaning. For our purpose, we take the perspective of the functions that managers
Planning is the foundation of all the functions of management upon which the other three areas should be built. During planning, management must evaluate the company’s current situation and then developing strategies to achieve these goals, this is called strategic planning.
According to Boddy (2008), management refers to the process of bringing together individuals with the sole intention of achieving desired objectives, aims and goal using available resources effectively. Composed of several vital tenets, this paper seeks to
(i) Management is responsible for organising the resources of the company to achieve organisational objectives.
“One great opportunity for target would be to start a club card kind of like what grocery
There are four functions of management: planning, organizing, leading and controlling. The four basic principles of management found in all businesses and corporations. Management is a process designed to achieve an organization's objectives by using its resources effectively and efficiently in a changing environment.
“Management is the planning, organizing, leading, and controlling of mankind and other resources to achieve organizational goals efficiently and effectively (University, p 4 2011)”. The greatest achievement of an organization is to provide goods and services that customer’s value. The managerial department of an organization has the power to determine the performance of the employee’s, which directly affects the quality of the service or product that is being supplied to the customer. “Managerial tasks are essential for effective management, which involves planning, organizing, leading, and controlling (University, p 6 2011)”. Planning is the process of identifying the suitable goals of an organization and how they will be implemented in the company. Organizing is the procedure that determines the departments of an organization. When departments have been established the next step is to decide who will work best at a particular job. The development of organization inside a business will form the organizational structure for the company. “Leading is the ability to inspire and organize individuals to work as a team to complete the goals of the business in an efficient and effective manner (University, p 9 2011)”. Controlling is being able to assess the procedures of a company and eliminate or change any strategy plans that are not showing high- performance levels. Controlling may consist of monitoring
There are various controversial views and accounts of the practise of management and what it entails. For example, Peter Drucker (1948) defines management as the continuous process of innovation and marketing, while others simply believe that management is synonymous with leadership. However, all authors agree that management is the process of getting things done efficiently. Management and managers seek sustainability and therefore, all their decisions are centred on accomplishing this either via profitability, market share, good will, etc. In doing this, managers have to employ control mechanisms.
In today’s ever changing economy, society’s idea of management is becoming increasingly more difficult to sustain with the continuous demands of the position. A successful manager must have a certain level of expertise and problem solving techniques to carry out the daily tasks required. Over the years, there have been various ideas on what management is, such as planning, organizing, leading and controlling.
The paper will explore different theories of Management, include Henri Fayol and Henry Mintzberg. This section of this paper provides an overview of functions, roles and skills required of a manager. What is Management? Management can define as the process of reaching organisational goals by working with and through people and other organisational resources. (Management Innovation, 2008).
Management in business and human organization activity, in simple terms means the act of getting people together to accomplish desired goals. Management comprises planning, organizing, ->resourcing, 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.
The definition of ‘management’ is controversial and subject to much debate. There have been many contradictory views on what the term ‘management’ means and accordingly how one should correctly manage an organisation. These theories have been put forward by several highly regarded management scholars over time. By taking into account past knowledge and contemporary views on management, we are able to ‘’explore how thinking has changed through time’’. (Brooks, 2006). Moreover, businesses have, and can continue to be able to adapt these theories and put them into practice. Successfully applying correct management practices is especially vital in a global business environment which is becoming very competitive. ‘’Most management theories, even those that do not resonate comfortably with the prevailing mood, have attractive and valid elements to them.’’ (Robinson, 2005). For example, some of these theories can be seen flourishing in fast food chains like McDonalds.
Management can be defined as the art or act of doing things or activities through the efforts of other people to accomplish desired goals. It deals with the organising and coordination of people, activities, materials, machines and money.
Management is one of the most important human activities and has critical impact on life, growth, development or destruction of an organisation. In an organisation, managers with any rank or status should understand their basic duties i.e. maintaining a sustainable conductive environment where people can fulfil their commitments and objectives through collaborative approach. (Akhtar, 2011) A manager is responsible to achieve the business’s goals, visions and objectives by planning, organising, leading and controlling. Dubrin (1994) stated that in every organisation each member of staff must plan, organise, make decisions, and control the resources they need to accomplish the results expected