Hello friends, welcome to your blog, the medium of knowledge, today we will learn about management. If you also want to know about Management then you have come to the right place. Let us know what is management?
Define what is management, what are the principles of management?
What is management
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| what is management |
What do you understand by management?
What is management?
Meaning of Management:-
Management is the process of making decisions and controlling human actions with the aim of achieving the predetermined goals of an organization.
Management is a social process that is accomplished by the people of the society, for the society, by living in the society.
Definitions of Management:
Q. What is Management?
Q. Define Management
Mary Parker Follet:
According to him "Management is the art of getting work done through other people".
According to Laurence Appley:
Management is to get results from the efforts of other people".
In the words of Kreitner:
Management is the process of getting things done with and from others in a changing environment. Effective and efficient use of limited resources is the basis of this process".
According to Henri Fayol:
"Management means forecasting and planning, ordering, coordinating and controlling".
conclusion:
Management planning is the process of organization, direction and control etc., coordinating the actions of the people by using the available resources efficiently and effectively so as to ensure the achievement of goals.
Management includes those mutually related functions that all managers perform.
Salient Features or Characteristics/Nature of Management:
Some of the salient features of management are as follows:-
1. Management is a specialized function of:
The word management is used in different senses, but in view of its systematic teaching-training and its adoption in practice, it is considered as a specific task. Terry and Franklin have also written that “Management is not a person but a specific function.
2. Human activity Management is a human work. This work is performed by humans only. The use of machines (computers etc.) has increased in management work, but they cannot take the place of humans. Management expert Terry has rightly written that "Computers help in management but they cannot replace human beings." It is worth mentioning that till a few decades ago, only men were dominant in the management work, but now the contribution of women is also increasing in this work.
3. An activity for managernent of human ganisation: Management is done by human organizations only. There was no organization of animals. It is not possible to manage the crowd of human beings. Animals are mere material resources. Carlisle arlisle), “Management is the work related to human organizations.” That is why he has also written that the trainer of animals is not a manager, whereas the trainer of humans can be a manager.
4. It takes place in formal groups: Management work can be done in formal groups only. Groups of unorganized individuals are just crowds that cannot be bound.
5. An activity for getting things dome rough others: Management is the act of getting work done by other people. Managers get the work done by other people and they themselves do the managerial work (planning, organization, direction and control). Pro. Kunj is right that the art of getting work done by formally organized people is called management.
6. Purposeful activity: Management work is not purposeful or aimless. Management has some predetermined objectives. Management is the work to be done continuously for the efficient and effective use of human resources and resources only for the fulfillment of these objectives. Keitner (reitner) has written that "Management process without objectives is like a journey without determining the destination which will be purposeless and meaningless." Management function is not purposeful or aimless. Management has some predetermined objectives. Management is the work to be done continuously for the efficient and effective use of human resources and resources only for the fulfillment of these objectives. Keitner (reitner) wrote that "the process of management without objectives is like a journey without determining the destination, which will be purposeless and meaningless."
7. Environment-oriented activity: Management is a task which is environment-oriented. In other words, management function is influenced or influenced by the environment inside and outside the organization. The internal environment consists of workers and resources, while the external environment is the economic, social, political and technological environment. This entire environment and management functions keep on influencing each other. But keep in mind that any A single organization or a capable manager is able to influence the external environment in a very limited way.
8.Creative Activity: Management is a creative activity. This work uses human and material resources in such a way that maximum output or success can be achieved at minimum cost. It contributes to the creation of greater productivity by increasing the effectiveness and efficiency of the tools. That's why Drucker considered it "the life-giving element of every institution".
9. Universal activity: Management is a universal action. It is the action to be done in organizations like small, big, religious, political, military, social, business etc.
10. Pervasive at all levels : Management process is the action pervasive at all levels of the organization. In other words, top managers, middle class managers and supervisory managers are all actions.
importance of management
Management in some form or the other was present in the development of human civilization in which human beings started working in an organized manner. No organized work, whether in any field, economic, social, political or heroic, can not achieve its objectives without management. Similarly, no matter what the country or any economic system or whatever the memory may be, the importance of management is equally important in all. In this regard the following statement of Urmik demonstrates the importance of management, no theory or political imagination can make more production possible with the use of limited human and material resources and with less effort, it is possible only with effective management. On the basis of this more production, the foundation of higher standard of living of the common man, more comfort and more facilities can be laid.
In the modern era, new techniques of management are being discovered all over the world so that various resources can be made more valuable, today management has become the most important activity. Management was important in the past also and its importance has become more important in today's environment. There are two reasons for this- First, the nature of present organizations has become much larger than in the past. of large
Due to which the complexities in execution have increased a lot, which can be solved only by effective management. Second, as a result of globalization of trade, each country and its organizations are facing world-class competition.
Management is ubiquitous in the modern era. It is an indispensable or primary requirement for all entities. It will not be an exaggeration even if we call it the life force of modern dynamic institutions or their heart.
The importance of management seems to be increasing day by day. It is this instrument which contributes to the success of the entire organization by increasing the productivity of the resources, income to the employees and satisfaction of the consumers. It can make a significant contribution in providing prosperity to the people of the country. Through this material resources can be used in such a way that maximum welfare of mankind can be possible. It not only contributes to the all-round development of the country and the institution, but also plays a multifaceted role for the benefit of all sections of the society. American management expert Killian has also written that "A manager accepts the role of the owner of the resources, the enterprise, the owners, the employees and the society."
Becomes a servant of humanity for the benefit of the society." In short, the role of management in the modern era is multifaceted. It is an important force not only for the business organization but also for the society and the nation. Therefore, we can also discuss its importance in the following three categories. If you study by dividing it, then it will be lesser.
1. Importance for business entities.
II. importance to society
III Importance to the nation.
1. Importance for Business Entities:
The great manager and thinker Peter F. Drucker while highlighting the importance of management in business has written that "Management is the dynamic life-sustaining part of every business". ("Management is the dynamic, life-giving element of every business, Peter F. Drucker) In fact, it is that part of business that breathes life into business life, makes it successful and dynamic. In short, successful business operations. Management has a very important role in. Let us try to explain its role and importance in the following headings.
1. To determine objectives and priorities: Strong objectives and priorities play an important role in the success of every business organization. Therefore, the manager has to strike a balance between means, goals and needs. They (managers) play an important role in balancing various competing objectives and in setting priorities of objectives."
2. Optimum utilization of resources: Management is the means which can make optimum use of all the resources. An efficient manager combines the physical and human resources of the organization in such a way that maximum production and success can be achieved with minimum efforts and resources. Urwick and Brech go so far as to say that any ideology, any latter or any political theory, is available in human and material resources. With the use of resources and minimum efforts, maximum production cannot be achieved. This is possible only through good management. 1" It is clear that management is a means that can make a great contribution to the achievement of the goals of maximum production and success with minimum resources and efforts. Herbert N. Casson Right. It is said. In every big organization, a whole cart of gold is hidden. This can be achieved by making proper use of resources and preventing wastage."
Success or achievement of objectives of the enterprise: Good management is always objective or goal-oriented. With efficient management, the objectives of the organization can be achieved in a proper manner in time and the success of the organization can be ensured.
Killian has written that 'the biggest reason for the existence of management is that it runs the organization successfully. In fact, if the management is not able to achieve the goals by running the organization efficiently, then there is no meaning of its existence or not.
II. Social importance:
Effective management is an important requirement of a sound society. It has an important role in the society. It can solve many social problems. Efficient management is the center of hope for the society. Former President of America Kennedy (John F. Kennedy), while explaining the social importance of management, wrote very accurately that "management has a revolutionary role in the human development of our society. can understand the great challenge of our age." In fact, effective management has special importance from the social point of view. Let us try to explain its importance in the following few headings.
1.Integrates interests of various sections of socicty According to Luther Gulick, “All organizations are responsible to certain social groups. Managers act as links of relations with those groups. In fact, effective management can play an important role in establishing in the hearts of different sections of the society. Consumers, employers, employees, government, citizens, etc. are the major sections of the society. It encourages unity and brotherhood. Lawrence Appley, former president of Amaroco Management Association, has also written "Management serves the interests of all concerned by directing dynamic organizations."
2. Provides Goods and Services: If there is efficient management, the society can also provide the best goods and services at the lowest cost in time and place. All the goods and services that we use today are just a dream in the absence of efficient management.
3. Provides employment: Efficient management is capable of providing continuous employment opportunities to the people of the society. Efficient management leads to systematic growth and expansion of business. It also innovates so that employment opportunities are automatically available to the people of the society.
III. Importance in National Economy:
The importance of management in all the economies of the world is undeniable. It has played an important role in all the economies of capitalist, communist, socialist. Similarly, its importance is equal in all sectors of the economy and also in private, public, joint sector.
The importance of management is equally accepted in developed and developing countries. World-renowned management expert Peter Ecker has also written that "after the Second World War, wherever there has been rapid economic and social development, it is only as a result of the systematic and purposeful work done by the management and managers for development." We can study the contribution of efficient management to the national economy under some of the following heads:
1. Proper utilization of physical resources - Every nation has its many physical resources, such as land, forests, seas, rivers, minerals, animal wealth etc. Effective use of these resources in the interest of the country. Can do.
Such diverse physical resources are available in abundance in India too. Efficient managerial services can utilize these resources in the interest of the country and can take the country towards progress.
Hindustan Lever Ltd. Former chairman of P.L. Tandon (P. L. Tandon) has also written that "We have seen that economic development does not happen automatically by labor, capital and raw materials, it requires managerial knowledge, where there is good management of resources, the results are also good." are out"
2. Proper utilization of human resources: It is the firm belief of all management experts that human beings are a special type of resource and play a very special role in the development of the country. Effective management can play an important role in national development by using this resource effectively. Peter Drucker is very convinced of this type of role. He writes that "development depends more on human powers than economic wealth and creation of human powers is important". It is the work of bondage. Management gives it momentum which results in development."
3. Encourages capital formation: Capital formation takes place in all countries, some in less and in some developing countries, the rate of capital formation is low. The reason for this is that due to the low income of the people there, the savings are also less. On the other hand the avenues of investment of savings are also limited. Efficient management provides opportunities for investment. He provides more employment by appropriating this savings through banks and business. This maintains the order of income saving and investment. Thus efficient management actively contributes to the sustainable development of the economy by encouraging capital formation.
4. Contributes to national planning: Efficient management also contributes significantly in achieving the goals of national plans. It develops and expands industries according to the priorities of the plans. It contributes to social plans and education, employment, population control, health etc. Efficient management plays an important role in achieving the goals of national plans by cooperating in these economic and social plans.
level of management
There are three levels in the authority chain of an organization:
(a) High Level Management – Generally, a group of managers operating in high or top positions is called high level or top management. In other words, according to the functional ideology of management, planning and policy making management in the organization is called high level management. According to Lewis A Allen, top management is the policy-making group responsible for the direction and success of all the activities of the company.
The main function of high level planning is to determine the policies of the organization so that the efficient operation of the organization can be done. According to Livingston, there are three functions of high level management: 1. Decision-making, planning, origin of ideas, determination of objectives, process structure, coordination and appointment of officers, policy making and analysis, transfer of implementation officers] [choice of financial resources, mobilize them and distribute funds] 2. Knowing the Opinion.
Following are the auxiliary functions of high level management
, Determining the objectives of the enterprise and explaining the policies.
, Dissemination of necessary orders and instructions.
, To discuss important matters.
, Checking of plans and results.
.. Voluntary among subordinates under the organizational structure
To develop and maintain the spirit of working on the basis.
economy and efficiency of officers
Maintaining high standards; Selecting CEOs.
To protect the properties of the undertaking by acting as trustee or depository thereof.
(b) Middle Level Management – Middle level management refers to the level which lies between the upper and lower level management. In other words, the management working at the middle level between the head of different departments and the first person manager is called middle level management. According to Garry Cushing-Niles, middle level management gets the policies implemented through the efforts of its subordinates. These orders-instructions and advisories are sent below and suggestions. Requests and complaints are forwarded upwards."
Thus, in middle level management, there are divisional managers, plant managers, departmental managers, production, marketing, distribution and personnel managers, etc. and regional managers. give.
1. Explain and explain policies.
2. To give detailed instructions for conducting the work.
3. Evaluating the progress of daily tasks.
4. Assistance in decision making regarding functional tasks
To assist in coordinating departmental works.
6. Motivating the operational staff.
7. Providing necessary training to supervisory managers.
8. Resolving the problems of supervisory employees 9. Settlement of disputes arising at supervisory management level 10. To make efforts for research and research.
(c) Supervisory or Operations Manager - First line supervisory management, also known as lower level mamagranet, refers to those positions providing operating leadership whose job is mainly to oversee and monitor the work of executive employees. Have to direct R.C. In the words of Davis, supervisory management refers to those management leaders whose main function is to personally supervise and direct the operating staff, whose work is related to the performance of daily tasks and is of technical nature.
First-line management Other functions are the following
1. Preparation of operational plans.
2. Supervise the work of the employees, rectify the errors.
3. To review the work of the employees.
4. To make the employees knowledgeable about the procedures.
Assigning assignments to employees or workers.
6. To establish coordination in various administrative works.
7. Presenting social progress statement to the top management.
8. Keeping in touch with the officials and necessary information
9 Take control of the daily work flow.
10. Referring the affairs of the employees to the higher authorities.
11. Motivate and motivate employees Maintain discipline.
12. Provide necessary educational training to the employees
13. Maintaining personal relations with the employees.
14. Counseling, guiding the employees and solving their work problems.
15. Evaluating the work of the employees.
main functions of management
1. Planning: Planning is the outline or depiction of the work required to be done to achieve a goal. For example, if we have to reach a destination for some work, then we consider the following things when to reach, how much distance, which way and which means will be suitable, what to carry along, how much we can spend After getting the appropriate answers to all these questions (selecting one of the available alternatives), prepare a roadmap to reach the destination at the right time. That is planning. The manager also makes a work plan or work plan before considering similar questions to achieve the goals of the organization, so that the set goal can be easily achieved. Along with this action plan, the manager also determines the necessary means, methods, methods, rules, time and budget (puja) in advance for this.
In the words of Niles, planning is the process of choosing and developing the best course of action to accomplish an objective.” Planning is basically the selection of the best or the right one from the various options available to perform each task and being aware of the changing circumstances. Hence, according to Goetya, planning is a selection process and the problem of planning is born with the search for alternative methods of action.
The main components or elements of planning work are objectives, policies, methods of work, techniques, methods, rules, program strategy, evidence or criteria, time budget, etc. Keeping in mind the future time period, plans can be long term or short term.
2. Organization: This is an important function of the management process. Whatever work or work has to be done in order to achieve the objective. To do that, to divide and classify those tasks, to determine the qualifications of the persons capable of doing that work, to fix the rights and responsibilities, to determine the relationship between the people who do all the work, to departmentalize the similar tasks, etc. Important composition (organization structure) The manager is taught to do. This determines the method of control of department-department officer subordinate relationship communication format. The success and stability of the organization depends on its organization structure and organization work. Therefore, the management thinkers have done it in front of the human body located in the human body. has told.
3. Direction to do some work.:
This is the guidance on how to use the available resources so that maximum success or goal can be achieved. Despite the same resources, the results achieved by each director are different. A good example of this is found in the Indian film industry. From 1927 to 2013 on Devdas, a romantic novel written by Saratchandra Chattopadhyay in 1917, 16 by 14 film directors The film was made in Hindi and regional languages, but the result (earnings) of all were different. This is an example of so many films being made based on the same novel. Four times in Hindi, 1835, 1955, 2002, 2009, America on filming and presentation of these films. The University of Commission (www.ulowa.edu), the premier research university of the U.S., has done a comparative study of direction. The film director instructs the hero, heroine, villain and all the characters, the way of acting, dancing and talking. Gives orders to all the people involved in the production. Motivates, supervises and investigates and finally prepares the film for screening. You probably understand the enormity, relevance and complexity of directing work. .
4. Control: This enables efficient execution of managerial functions. Evidence of work is determined along with goal setting at the time of planning itself. "It is experimental to find deviations more or less (+/-) by comparing the actual results of the work completed by the employee with these predetermined standards. To attempt or to expand in the future plan."
5. Coordination: In the organization, there is considerable variation in the activities, procedures, work abilities and qualities of the employees, due to which there is a possibility of personal inner conflict. But the manager has to create uniformity and harmony in their efforts, so that a certain goal can be achieved at the lowest cost. May be According to Massey, coordination is the result of proper execution of other managerial functions. That is why Koontz o Khonel said that the essence of time management
management objective
Management is one thing and each action has its own purpose. Thus Prabna also has some purpose. Since management is a group of broad functions, so its objectives are also broad, which can be mainly divided into four categories.
1. Primary Purpose
2. Auxiliary Purpose
3. Individual Objectives and Social Objectives
4.Social Objectives
1. Primary Objective: Management The primary objective of an enterprise is to satisfy the aspirations of the various parties concerned so that the enterprise can achieve its objectives for which it is established. Therefore, the primary objective of management is (i) to produce products and services at reasonable costs.
(i) the distribution of those products and services at a fair price
to ensure that the consumers get complete satisfaction
(iii) to pay fair remuneration to all those resources in the undertaking, and
(iv) The undertaking has to earn a reasonable amount of profit.
2. Auxiliary Objectives: Auxiliary objectives are helpful in achieving the primary objectives. Auxiliary objectives are related to the internal working of an enterprise so that sufficient efficiency can be achieved in the performance of the work. Under this, various resources of the enterprise have to be used in such a way that the contribution of these resources can be maximized, they are in human, financial and physical form. The efficiency and contribution of various resources depends on their quality, how they are used and how their use is harmonised. So Prabna Auxiliary Purpose:
(1) Creating quality in different resources
(ii) to use them at the appropriate time and place (in) to harmonize their use so that all the resources work as a complement to each other and the efficiency is effective.
3. Individual Objective: The individual objective in an enterprise is in terms of human resources. As mentioned above, various resources in an organization are divided into human and other resources. Human resources are different from other resources because non-human resources are operated by them. The aim of management is to fulfill the aspirations of all these sections. For this it is necessary that such an environment and methodology should be developed in the enterprise so that all the people get satisfaction and they can work to their full potential.
4. Social Purpose: The enterprise receives its resources from the society, converts some of them into products and services, and gives back to the society. In every step of this process there is a social objective, these objectives include development of various resources of the society and their equitable use, fulfillment of the desire of each component of the society, engagement in proper conduct, setting a good example, etc.
Management: Art or Science
(Management: An Art or a Science)
Management is an art or a science, has often been a controversial question. To answer this question, we have to keep in mind the present nature and circumstances of management. Apart from this, to find the proper answer to this question, we have to analyze the following aspects of this question:
I. Is management an art? I
ll. Is management a science?
III. Is management a combination of art and science?
Is management an art? (Is Management an Art ?) :
Art is to perform tasks using knowledge or tact gained from study and experience. Carlisle wrote that "art is the systematic application of tact or knowledge to the attainment of a desired result."
According to Terry, "Art is the use of tact to obtain desired results." Bernard defined it as 'behavioural knowledge'.
In short, art is to achieve desired results by practical use of knowledge, study, experience, tact and principles etc.
Some of the main characteristics of art are as follows.
1. Using the principles of study, experience, tact is an art to get the desired results.
2. Art is practical knowledge, that is, it is the practical side of knowledge.
3. Proficiency in art can be achieved only through practice.
4. Art cannot be transplanted or transplanted, but it is taught.
5. Art is creative, which is influenced by the intellectual ability, foresight and self-knowledge of every person.
6. Art is a human quality. Yantras or animals do not have this quality.
7. It is related to the performance of the work (To do or How to do).
8. Art cannot be accumulated.
9. Art does not have 100% true principles.
10. Art develops from a concept.
Nature of Management Science
Science is also of two types. First, pure science and second, applied science. In pure science we include physics, chemistry etc., whereas in applied science we include medical science, psychology, economics, anthropology, sociology etc. The principles of pure science are 100% true in practice. There is a 100 percent relationship between their cause and effect, but the principles of applied science are related to the dynamic environment. Therefore, the principles of such science serve only as guidance in actions. In the case of adopting these principles, it is difficult to establish 100% relationship between cause and effect.
Science has the following characteristics:
(1) Science is the objective study of any subject.
(ii) Science is the systematic and systematic study of a subject.
(iii) Classification of knowledge is done through this study.
(iv) The principles of science are based on facts, observations, tests and research.
(v) The principles of science are universal.
(vi) Knowledge of science can be acquired and transferred.
(vii) Cause and result relationship can be done in every action through science.
(viii) Science predicts future outcomes.
Conclusion: Management Amalgam of Art and Science:
From the above discussion, it becomes clear that management is an art as well as a practical science. In practice, however, art and science cannot be separated. The pairing of art and science has always been there. Carlisle wrote that science and art go hand in hand. (Science and Art go hand-in-hand.)
Kunj has rightly written that management is an art, whereas management is a branch of knowledge which is essential for the art of management. In other words, life is essential for the success of art. These two are two wheels of the same vehicle or two sides of the same coin. Art and science complement each other.
There are principles of management but they are used in the midst of many uncertainties. Therefore, the manager has to use his knowledge as well as tact. As an artist, the manager has to take decisions by weighing his conscience in the scales of experience and knowledge, but as a scientist he has to take decisions according to the principles of management. Therefore, any manager can be successful only when he learns to apply the theoretical knowledge gained through his art into practical effects.
The success of art is not possible without science, whereas without art, science would have no importance. Art is the only means by which practical application of science is possible. If a student studying medicine is not able to use his knowledge by becoming a doctor, then his studies go in vain. When he applies that knowledge in practice, he is actually applying science through his art. Similarly, the manager also uses his knowledge and tact. Thus managerial knowledge, science and his tact are his art. Therefore, art and science have to be used in every work.
In short, we would say that management is the amalgamation of art and science. It is the applied science related to systematic knowledge, which the manager uses with his cleverness in his work. In other words, management is the social and applied science with which the manager uses his tact and logic to get the best results.
principles of management
Meaning of theory: The opinion or idea that has been decided on the basis of sufficient evidence and after sufficient argument in the context of a subject, which meets the criteria of time, experience and observation, is called "theory".
Definition :
According to Terry, “Principle can be defined as a fundamental statement or truth that guides an action or idea”.
Conclusion: It is clear from the study of the above definitions that the principle is a fundamental statement or universally accepted truth which is the basis of any action or idea or argument.
nature of principles of management
1. The principles of management are dynamic.
2. The principles of management are basic statements or universally accepted truths.
3. These principles are flexible.
4. The principles of management are relative.
5. The principles of management are imperfect.
6. These principles differ from policies.
7. Principles differ from rules.
8. Principles of Management are different from Management Skills.
important principles of management
Some of the principles of management are as follows:-
1. Principle of Specialisation:
This principle states that the whole work should be divided into several parts and each part of the work should be assigned to a person with a specific knowledge or ability.
2. Principle of Discipline:
This principle of management emphasizes that discipline is absolutely essential for the success of the organization. Therefore, this principle says that all the employees should voluntarily follow the rules of the organization and the orders of the officer.
3. Principle of Unity of Order:
This principle states that no person can execute orders received from more than one officer at a time. Therefore, this principle is based on the assumption that an employee should receive orders from only one officer at a time.
4. Principle of Unity or Equality of Instruction:
This principle states that there should be the same chief officer for all similar type of purposeful work. According to Fayol “actions having the same purpose should be directed by the same speaker.
5.Principle of preference of general interest over personal interest:
According to this principle, every employee and officer should give more importance to the common interests than his personal interests and if there is a conflict between personal interests and common interests then personal interests should be sacrificed or surrendered.
6. Remuneration to the employeeRamik's principle:
Fayol's principle states that the employee should be paid fair remuneration. This remuneration should be fair not only from the point of view of the employees but also from the point of view of the organization.
7. Principle of Centralisation:
When all the decision making powers in the organization are concentrated in the hands of the higher managers, then there is a state of centralization in the organization, in contrast, when the decision making powers are delegated to the subordinates, then it is called centralization.
8. Theory of Law:
This principle states that every person and thing should be properly arranged. As far as the persons are concerned, each one should be fitted in the right place.
9. Principle of Justice or Fairness:
This principle of management states that managers should treat their employees fairly, fairly, equitably and with kindness.
10. Theory of Hierarchy or Hierarchy:
According to Fayol, “In every organization, an unbroken stream of authority flows from the top manager to the lowest level manager. Therefore, generally this stream or path should be followed for giving orders and presenting reports”.
11. Principle of Equity :
Equality means - All persons should be seen equally, there should be no discrimination in their remuneration and punishment system b, no special importance should be given to any caste, religion, language, nationality person. Everyone should be treated equally.
conclusion:
All the principles of the above mentioned management are very important. These are all universal principles. These can be used in general in the management of any organization and organization. Their importance is omnipresent.
importance of management principles
The principles of management are very important for the managers. Following are the importance of principles of management:-
1. Increase in Efficiency:
Pro. Koonj and O'Donnell have written that "management principles certainly improve managerial efficiency". Instead of taking decisions on the basis of experiences and intuition, they can make decisions on the basis of principles. As a result, the efficiency of the organization increases.
2. Nature of Management Functions – Contribution to the Development of the System:
With the development of principles of management, the nature of the functions of management becomes more clear, this helps in the development of management.
3.Facility in Training:
With the development of principles of management, systematic training of management can be given. In the latter half of the present century, there has been a lot of development of managerial education or training, it is the result of the development of the principles of management.
4. Interest in Managerial Research:
The cause and result of the development of managerial dissertation principles. As the research is done, new theories will be developed and refined. As new theories are developed, new dimensions of research in management will be developed.
5. Development of the Management Profession:
Every profession is based on certain principles. Development of principles of management will help in developing management as a profession.
FAQS : Management
Question: The principles of management are universal, review?
Answer: Universality of management refers to the generality of principles and functions of management. The principles of management work are equally applicable to every country, every industry, every organization in the world. Both Fayol and Taylor supported this concept of management. This concept assumes that all organizations, temples, mosques, gurudwaras, churches, clubs, small and big private and government and all managers, mediums, or foremen, perform the same type of managerial work. These principles of management can be used in all work.
Explain "coordination is the essence of management".
Meaning and definitions of coordination:
Coordination means maintaining unity or co-ordination in various activities to be done for the fulfillment of the set goals.
According to Henri Fayol, : To achieve convenience and success in the functioning of an organization, coordination is to bring symmetry in all the activities.
Features of coordination:
1. Coordination is a continuous process.
2. It is the process of establishing homogeneity, uniformity and orderliness in the platform's efforts.
3. It is a universal process.
4. Coordination is the essence of all managerial functions.
5. The purpose of coordination is to achieve the objective of the organization.
"Coordination is the essence of management", explain.
Coordination is not a separate function but it is a part of all levels of management, in fact, coordination is the essence of management. Coordination plays an important role in tying the tasks together, if coordination is the thread of a string of tasks, then managerial work is part of that chain. pearl or flower. A garland of pearls and flowers is made only when they are threaded in a thread. Similarly, management is made from managerial functions only when the flow of co-ordination between managerial functions flows. In short, the coordination in management works is settled in such a way that only then the management becomes successful.
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