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Management and Its Function

What is Management?

Management as the process of coordinating and integrating work activities so that they are completed efficiently and effectively with and through other people. We see, that Management is everywhere, in our daily lives, organizations, individuals, groups and overall businesses. An effective Management and management system is required for efficient working activities in the organization. The Management process represent on going function of primary activities engaged in by the managers.

Now question arises why we study Management? 

We know that management is important in our daily lives, societies, industries, government as well as local communities.  The important of management studies can be explained by thinking how we interact with organizations. In over daily lives, we uses difference products and services, we see many actions, for all of them, an effective management is stand behind of them. without an effective management and management system an organizations as well as individual never achieve their goals and targets. 
An effective Management ensure competitive advantages for individual, group and organization. Following benefits of an effective Management and its skills are:-
  1. It ensure effective management in organization by recognizing the best way to treat their workforce.
  2. Through Management studies and skills companies enable to use new ideas, such as employees satisfaction, employment and recruitment processes, wages levels, information sharing and team management. 
  3. Gaining competitive advantages over competing firm through effective product development planning, production strategies. 
  4. An effective management in the organization will increase customer satisfaction. we saw that employees treated customers the same way as Management treat with them, so when effective management treat well and train well their employees, they will be more productive and satisfied customers relationship.  

What are the Management functions?

we saw, that every management functions are different in different organizations. Every manager perform different tasks. However, Management researcher and writer have developed a agreed scheme of functions which every manager perform in the organization. These are as under: 
  1. Planning
  2. Organizing
  3. Leading
  4. Controlling
Planning: determining organizational goals and the means for achieving them.
Organizing: deciding where decisions will be made, who will do what jobs and tasks, and who will work for whom.
Leading: inspiring and motivating workers to work hard to achieve organizational goals.
Controlling: monitoring progress towards goal achievement and taking corrective action when needed.
                   

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