Management
From Wikipedia, the free encyclopedia
Management in business and organizations means
to coordinate the efforts of people to accomplish goals and objectives using available resources efficiently and
effectively.
Managementcomprises planning, organizing, staffing, leading or directing, and controllingan organization or initiative to
accomplish a goal. Resourcing encompasses the
deployment and manipulation of human resources,financial resources, technological resources, and natural resources.
Since organizations
can be viewed as systems, management can also be
defined as human action, including design, to facilitate the production of
useful outcomes from a system. This view opens the opportunity to 'manage'
oneself, a prerequisite to attempting to manage others.
Universities offer
bachelor's and advanced degrees in management, generally within their colleges
of business. At the doctoral level students specialize in areas of management,
such as human
resources, international
management, organizational
behavior, or strategic
management.
Basic functions
Management operates through various functions, often classified as
planning, organizing, staffing, leading/directing, controlling/monitoring and
motivation.
·
Planning:
Deciding what needs to happen in the future (today, next week, next month, next
year, over the next five years, etc.) and generating plans for action.
·
Organizing:
(Implementation)pattern of relationships among workers, making optimum use of
the resources required to enable the successful carrying out of plans.
·
Staffing:
Job analysis, recruitment and hiring for appropriate jobs.
·
Leading/directing:
Determining what must be done in a situation and getting people to do it.
·
Controlling/monitoring:
Checking progress against plans.
·
Motivation:
Motivation is also a kind of basic function of management, because without
motivation, employees cannot work effectively. If motivation does not take
place in an organization, then employees may not contribute to the other
functions (which are usually set by top-level management).
·
Communicating: is
giving, receiving, or exchange information.
·
Creating:
ability to produce original Idea,thought through the use of imagination
My Opinion Management defined as the organization and
coordination of the activities of an enterprise in accordance with certain
policies and in achievement of clearly defined objectives.
Basic Functions in
management as :
1. Planning
2. Organizing
3. Staffing
4. Leading/directing
5. Controlling/monitoring
6. Motivation
7. Communicating
8. Creating
Business management came to consist of six separate branches,
namely:
·
human resource management
·
operations management or production management
·
strategic management
·
marketing management
·
financial management
·
information technology management responsible for management information systems
