Principles 5. Roles, responsibilities and functions of a manager, Principles of Management Chapter 2 The Nature and Concept, Customer Code: Creating a Company Customers Love, Be A Great Product Leader (Amplify, Oct 2019), Trillion Dollar Coach Book (Bill Campbell). Help managers to understand the operating problems and feelings of the subordinates through personal communication, hence decision-making becomes easier. Organization deals with assigning various tasks to different people and coordinat­ing their efforts as well maintaining a careful balance between different parts of the enterprise. Huge Collection of Essays, Research Papers and Articles on Business Management shared by visitors and users like you. Concept of Management 2. Now let us discuss the functions of management in details: 1. Privacy Policy 9. Unit may be planned to control themselves as a sub-system of control. Planning is best with problems and difficulties such as the determination of overall objectives, the formulation of product-market strategies, and the evaluation of the joint efforts of combined programmes. A manager should be a person elite of brains and education. TRADITIONAL CONCEPT • Management is the art of getting things done through others. Scribd will begin operating the SlideShare business on December 1, 2020 Search for correct questions which depends on ethical problems of determining the ends. The system of control should be such as not to disturb the psychological feelings of the human beings connected with the organization. Importance. A means of comparing current activity with a criteria. Leaderships are viewed from three points of view: Management, Concept, Concept of Management. Elements and Importance of Communication Process | Business Management, Personnel Management: Definition, Scope, Concept, Objectives, Functions and Importance, Control: Nature and Importance | Hindi | Functions | Management, Travel Chart: Meaning and Uses | Materials Handling. Feedback is the adjustment of future action on the basis of post performances. Concept of Management: One way to analyse management is to think in terms of what a manager does. 3. The process by which, a course of action is consciously chosen from the available alternatives for the purpose of achieving the desired results. Large organizations do not permit face to face leadership. In economic terms management is one of the factors of production together with land, labour and capital. The media could be extensively used either-orally, mathematically or illustratively. NATURE Management is goal oriented or purposive activity Management is group activity Management is a universal process or pervasive activity Management is multi-disciplinary Management is ongoing activity/continuous process Management is a social process Coordination of human and physical resources or management integrates human and physical resources Activating employees Management is both a science and an art IMPORTANCE … Personal communication has a positive effect on the feelings of the subordinates which should be a two way communication. According to specialists in administration and organization, management is a system of authority. A predetermined goal, plan, policy, standard, norm, decision rule, criterion or yardstick. The degree of accuracy to which measurement is carried will depend upon the needs of the specific application. This comparison helps in prediction of future problems. Basic leadership attitude should be cultivated in the manager: Empathy helps looking at problems from some other person’s point of view, self- awareness is knowing oneself how to appear to others, objectivity does not permit encroachment of emotions while dealing with problems. Without effective management, the intentions of the organisation cannot be accomplished. See our User Agreement and Privacy Policy. But choose imitating points and close attention is given to adjust them. The process by which ideas are transmitted to others for the purpose of affecting the desired results. The process of decision making involves the consideration of a number of these. A right question should be looked for and problems which are solved by putting the right question. Nature 4. George) B. Leading is concerned with the manner in which the manager integrates the needs of the employee with those of the departments or total organization. In short this is the crux of the science of management. 5. “Organisation is a pattern of ways in which a large number of people of a size too great to have intimate face to face contact and engaged in a complexity of task, relate themselves to each other in a conscious, systematic establishment and accomplishment of mutually agreed purposes.”. In short this is the crux of the science of management. Content Guidelines 2. Concept of Management 2. Sometimes it refers to the process of planning, organizing, staffing, directing, coordinating and controlling, at other times it is used to describe it as a function of managing people. Leading necessitates clear direction, coupled with a spirit of cooperation. The process by which actual performances of subordinates is guided towards common goals. Content Filtration 6. Comparison of performances with criteria set up will show variation and variation be quantified. Secondly, we need to test the validity of our premises. Disclaimer 8. 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