NATURE AND [Document
subtitle]
SIGNIFICANCE OF
MANAGEMENT
,Characteristics/Features of
management
1. MANAGEMENT IS A GOAL-ORIENTED PROCESS
Each organisation has a set of goals which it aims to achieve.
Management always aims at achieving the organisational
objectives. The functions and activities of manager lead to the
achievement of organisational objectives.
2. MANAGEMENT IS PERVASIVE
Managerial activities are performed in all types of organisations, in
all departments and at all levels. Management is required in all
organisations, whether big or small, manufacturing or service
organisation, profit or non-profit making organisation.
3. MANAGEMENT IS MULTI DIMENSIONAL
MANAGEMENT MANAGEMENT MANAGEMENT
OF WORK OF PEOPLE OF OPERATIONS
I. MANAGEMENT OF WORK
• Work means the main task or purpose for which organisation is
set up.
• For example main purpose of a hospital is providing health
services.
• Thus, manager make sure that organisational goal is achieved
effectively and efficiently.
II. MANAGEMENT OF PEOPLE
• People (Employees) in the organisation are the most important
assets.
, • Thus, Management make sure employees are satisfied in the
organisation and they contribute their best.
• Management must make sure that they are happily working
towards the achievement of organisational goal by making their
strength effective and weaknesses irrelevant.
III. MANAGEMENT OF OPERATION
• Operations refer to activities of production cycle such as buying
inputs, converting them into semi-finished goods and finished
goods.
• Management of operations concentrates on mixing
management of work with management of people, i.e., deciding
what work has to be done, how it has to be done and who will do
it
4. MANAGEMENT IS A CONTINUOUS PROCESS
• Management is a continuous and never-ending function. All the
functions of management are performed continuously, for example,
planning, organising, staffing, directing and controlling are
performed by all the managers all the time.
• Managers perform ongoing series of functions continuously in the
organisation.
• Top level spent more time on planning and organising, whereas
supervisory level spent more time on directing and controlling
.
5. MANAGEMENT IS A GROUP ACTIVITY
• Management requires team work and coordination of individual
efforts in common direction.
• In an organisation no one individual is capable of carrying out all
the organisational work single Handley, every organisation require
to work as group.
6. MANAGEMENT IS A DYNAMIC FUNCTION
• An organisation operates in a ever changing environment, which
consist of various social, Economic and Political factors. In order to
be successful an organisation must change itself and its goals
according to the need of environment.
subtitle]
SIGNIFICANCE OF
MANAGEMENT
,Characteristics/Features of
management
1. MANAGEMENT IS A GOAL-ORIENTED PROCESS
Each organisation has a set of goals which it aims to achieve.
Management always aims at achieving the organisational
objectives. The functions and activities of manager lead to the
achievement of organisational objectives.
2. MANAGEMENT IS PERVASIVE
Managerial activities are performed in all types of organisations, in
all departments and at all levels. Management is required in all
organisations, whether big or small, manufacturing or service
organisation, profit or non-profit making organisation.
3. MANAGEMENT IS MULTI DIMENSIONAL
MANAGEMENT MANAGEMENT MANAGEMENT
OF WORK OF PEOPLE OF OPERATIONS
I. MANAGEMENT OF WORK
• Work means the main task or purpose for which organisation is
set up.
• For example main purpose of a hospital is providing health
services.
• Thus, manager make sure that organisational goal is achieved
effectively and efficiently.
II. MANAGEMENT OF PEOPLE
• People (Employees) in the organisation are the most important
assets.
, • Thus, Management make sure employees are satisfied in the
organisation and they contribute their best.
• Management must make sure that they are happily working
towards the achievement of organisational goal by making their
strength effective and weaknesses irrelevant.
III. MANAGEMENT OF OPERATION
• Operations refer to activities of production cycle such as buying
inputs, converting them into semi-finished goods and finished
goods.
• Management of operations concentrates on mixing
management of work with management of people, i.e., deciding
what work has to be done, how it has to be done and who will do
it
4. MANAGEMENT IS A CONTINUOUS PROCESS
• Management is a continuous and never-ending function. All the
functions of management are performed continuously, for example,
planning, organising, staffing, directing and controlling are
performed by all the managers all the time.
• Managers perform ongoing series of functions continuously in the
organisation.
• Top level spent more time on planning and organising, whereas
supervisory level spent more time on directing and controlling
.
5. MANAGEMENT IS A GROUP ACTIVITY
• Management requires team work and coordination of individual
efforts in common direction.
• In an organisation no one individual is capable of carrying out all
the organisational work single Handley, every organisation require
to work as group.
6. MANAGEMENT IS A DYNAMIC FUNCTION
• An organisation operates in a ever changing environment, which
consist of various social, Economic and Political factors. In order to
be successful an organisation must change itself and its goals
according to the need of environment.
