Management is important to every form of a group activity. The need and importance of management arises whenever and wherever people come together for achieving some common goals or solving problems. Management is a vital aspect of the economic life of man while it’s an indispensable element of every business, as it is concerned with guiding and effective utilization of human and physical resources of a business, so that the set goals and objectives may be accomplished in a way as wanted. According to George R. Terry, “Management is distinct process consisting of planning, organizing, actuating and controlling performed to determine and accomplish the objectives by the use of people and resources.” Another definition of American management association is “Management is getting things done through people.” This article is intended to highlight some salient features of management.
Management is a universal activity – Management is universally needed in all the organizations and its process is universally applicable. The need and importance of management is felt everywhere regardless of the size of the businesses. Management process is universally applicable in the sense that the concepts, principles and techniques are equally important in all types of organization.There are many approaches to management from disciplines, such as sociology, economics, psychology and computer science to manage a business organization effectively and efficiently and to achieve optimum utilization of its resources and maximum profits.
Written by:
K. A. Fareed (Fareed Siddiqui)
Writer, Trainer, Author, Blogger, Software Developer
BBA, MBA-Finance, MPhil-Financial Management, (MSc-Software Engineering)
(PhD-Management)
MA-English, MPhil-English
Post Graduate Diploma in Computer Applications and Programming
Certificate course in English language proficiency
Level 1 – Leadership and Management ILM – UK
Pursuing CMA-USA
Individual Member of Institute of Management Consultants of India
Written by:
K. A. Fareed (Fareed Siddiqui)
Writer, Trainer, Author, Blogger, Software Developer
BBA, MBA-Finance, MPhil-Financial Management, (MSc-Software Engineering)
(PhD-Management)
MA-English, MPhil-English
Post Graduate Diploma in Computer Applications and Programming
Certificate course in English language proficiency
Level 1 – Leadership and Management ILM – UK
Pursuing CMA-USA
Individual Member of Institute of Management Consultants of India
Read more...
The challenges managers face If you want to improve your managerial skills, this book might be of some help.
No comments:
Post a Comment