Management Is The Process Of Managing A Business Through People

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

Management as a concept was developed in the last 100 years partly due to the booming industrial revolution. “The definition of management is to

A business develops in course of time with complexities. With increasing complexities managing the business has become a difficult task. The need of existence of management has increased tremendously. Management is essential not only for business concerns but also for banks, schools, colleges, hospitals, hotels, religious bodies, charitable trusts etc. Every business unit has some objectives of its own. These objectives can be achieved with the co-ordinated efforts of several persons. No organisation can run successfully unless there is someone to manage its activities. Managers are needed to convert disorganised resources of men, material, money, machines into useful and effective enterprise.

Global managers are those who “understand different cultures and lead mixed-nationality teams” (Barnevik 2001, xi-xix). According to this explanation, global managers will work with colleagues and customers from other countries. Also they will manage and supervise people of different nationalities. So understanding another language other than their mother language and understanding different cultural implications will contribute to their successful management. Also they should develop business strategies and systems in a global background, which means they have to take various factors into consideration and react to changes in a timely manner. Global managers can face situations much more complicated than situations domestic managers face and sometimes effective approaches and methods can turn out to be ineffective for global managers. Or even worse, global managers may not be able to find a reason to conduct certain activities or an answer to explain their problems from business books or their previous experience in extremely complex environment. So they have to equip themselves with the ability to embrace changes and complexity. In summary, the following are competencies that a qualified global manager should have.

Globalisation is the internationalization of trade and often forces businesses to adopt new strategies for operations to suit different cultures and economies. The often easily saturated domestic market has triggered many large

Note: Final Sign Off can only be done when the student has completed both theory and practical components of the unit. (Please attach evidence of theory and practical at the back of the coversheet)

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

The process of globalisation has been the catalyst for increased global interconnections. (Costello, 2004). Global interconnections are linked to developments in transport, communications technologies along with the increased influence of large regions of the globe. These changes are also responsible for the breaking down of national borders and the creations of a virtual business globe. The enhancement of business opportunities in social globalisation in Australia has benefited the creation of jobs and employment.

Over the past hundred years management has continuously been evolving. There have been a wide range of approaches in how to deal with management or better yet how to improve management functions in our ever changing environment. From as early as 1100 B.C managers have been struggling with the same issues and problems that manager's face today. Modern managers use many of the practices, principles, and techniques developed from earlier concepts and experiences.

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).

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 is involved at all levels of a business and is central to business more importantly in this globalised era. The functions of management outlined above are cardinal to any business. This paper will discuss the importance of management in a globalised business era.

The manager’s profession is one of the most required in the industrial market. Business cannot exist without a manager. The word “management” stands for, “The working with and through other people to accomplish the objectives of both the organization and its member’s.” Every organization works manager at the company, which has its head. Its main duty is included in the company’s internal processes and their combination with external processes. It is important to manage growing demand, while requiring a specialist’s attention and needs to be achieved jobs, difficulty for the person who manages their activities. It is necessary to differentiate between “management” concepts from the “administration.” In the past, these terms were synonyms of each other. However, in the last 40 years, the term “management” involved much more than administration, which includes procedures for establishing and leading.