Meaning : Management is an art of getting things done
with and through others management can be defined as the process of getting
things done with the aim of achieving organisational goals effectively and
efficiently.
Efficiency and effectiveness
Efficiency means doing the task correctly at minimum cost through optimum utilisation of resources while effectiveness is concerned with and result means completing the task correctly within stipulated time although efficiency and effectiveness are different yet they are interrelated it is important for management to maintain a balance between the two.
Characteristics of Management
1. Goal oriented Process : It is a goal oriented process, which is under- taken to achieve already specified and desired objectives by proper utilization of available resources.
2. Pervasive : Management is universal in nature. It is used in all types of organisations whether economic, social or political irrespective of its size nature and location and at every level.
3. Multidimensional : It is multidimensional as it involves management of work, people and operations.
4. Continuous : It consists of a series of function and its functions are being performed by all managers simultaneously. The process of management continues till an organization exists for attaining its objectives.
5. Group Activity : It is a group activity since it involves managing and coordinating activities of different people as a team to attain the desired objectives.
6. Dynamic Function : lt is a dynamic function since it has to adapt according to need, time and situation of the changing environment. For ex- ample, McDonalds made major changes in its 'Menu' to survive in the Indian market.
6. Intangible Force : It is intangible force as it can't be seen but its effects can be felt in the form of results like whether the objectives are met and whether people are motivated or not and there is orderliness and coordination in the work environment.
Efficiency and effectiveness
Efficiency means doing the task correctly at minimum cost through optimum utilisation of resources while effectiveness is concerned with and result means completing the task correctly within stipulated time although efficiency and effectiveness are different yet they are interrelated it is important for management to maintain a balance between the two.
Characteristics of Management
1. Goal oriented Process : It is a goal oriented process, which is under- taken to achieve already specified and desired objectives by proper utilization of available resources.
2. Pervasive : Management is universal in nature. It is used in all types of organisations whether economic, social or political irrespective of its size nature and location and at every level.
3. Multidimensional : It is multidimensional as it involves management of work, people and operations.
4. Continuous : It consists of a series of function and its functions are being performed by all managers simultaneously. The process of management continues till an organization exists for attaining its objectives.
5. Group Activity : It is a group activity since it involves managing and coordinating activities of different people as a team to attain the desired objectives.
6. Dynamic Function : lt is a dynamic function since it has to adapt according to need, time and situation of the changing environment. For ex- ample, McDonalds made major changes in its 'Menu' to survive in the Indian market.
6. Intangible Force : It is intangible force as it can't be seen but its effects can be felt in the form of results like whether the objectives are met and whether people are motivated or not and there is orderliness and coordination in the work environment.
No comments:
Post a Comment
Thanks for Visit ! Please Come soon