Honesty: Another characteristic of leadership that lends itself to credibility. All the functions inter-dependent on each other that is why management is considered as a composite process of all these functions. Attainment of pre-determined objectives 5. For example, event planners need management skills to orchestrate events, secretaries need management skills to manage office processes, and benefits specialists need them to organize information sessions for employees. • The initial phase will be … Even the result of management affects every individual and every department of the organisation so it always refers to a group effort and not the individual effort of one person. The task or work depends upon the nature of Business for example, work to be accomplished in a school is providing education, in hospital is to treat patient, in industry to manufacture some product. An essential aspect of management is to combine individual efforts and direct them towards achieving organisational goals. For example, if the target of an employee is to produce 100 units in one month time and achieving the target by wasting resources and mishandling the machinery, will not be in the interest of organisation. Management is a Goal-Oriented Process: Effective management aims to unite efforts of all individuals to achieve organisational goals. Image Courtesy : dexnovaconsulting.com/pmp.gif. Image Courtesy : precisionsoftware.com/wp-content/uploads/2013/06/career-transportation-management.jpg. 22 Approaches to Management » 19 Examples of Management Improvement » Scientific Management Guide » Mushroom Management . You may need to download version 2.0 now from the Chrome Web Store. As the main functions of management are planning, organising, staffing, directing and controlling; organising cannot be done without doing planning, similarly, directing function cannot be executed without staffing and planning and it is difficult to control the activities of employees without knowing the plan. It is a system of authority 7. It is a Discipline 10. Management activities aim at achieving goals or tasks to be accomplished. Management skills are applied to a broad array of functions in areas like production, finance, accounting, marketing, and human … Efficiency refers to optimum or best utilisation of resources. Disclaimer 9. Decision makingis a mental and intellectual process because whatever decisions are taken, they are based on logical deliberations to make them more rational. It is a distinct activity 6. Another way to prevent getting this page in the future is to use Privacy Pass. Plagiarism Prevention 4. Every human being has several wants and needs which cannot be satisfied by himself. For whichintelligence, knowledge, experience, educational level, and mental facilities are essential. Management is intangible in that it is a force which is invisible. Hence it is universal in nature. Management makes sure that work is accomplished effectively and efficiently. Characteristics of Management. 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. Management is an Intangible. Report a Violation, 7 Important Characteristics of Management. Each individual performs his/her role at his/her status and department, and then only management function can be executed. Management does not mean one single activity but it includes three main activities: Image Courtesy : thebuiltenvironment.ca/wp-content/uploads/2013/03/bigstock–9470819.jpg. Content Filtrations 6. If you are on a personal connection, like at home, you can run an anti-virus scan on your device to make sure it is not infected with malware. Performance & security by Cloudflare, Please complete the security check to access. Much has been written over the years about project management. Honesty also allows for better assessment and growth. Management consists of series of functions which must be performed in a proper sequence. Cloudflare Ray ID: 5f8f6f7f4ff1edb7 Management cannot be seen or feel.it helps the organization to achieve its goals. Manager sees to it that this target is achieved on time-and with optimum use of resources. Management always refers to a group of people involved in managerial activities. Image Guidelines 5. Management has to get task accomplished through people only. In this article, we are going to learn about the characteristics of Management Information System (M.I.S.). ADVERTISEMENTS: This article provides information about the important characteristics or features of management! Management always aims at achieving the organisational objectives. They are inter-dependent on each other. An organisation can win over competitor with efficient employees only because two organisations can have same physical, technological and financial resources but not human resources. People refer to Human resources and Human resources are the most important assets of an organisation. 19 Examples of Team Management » Management Approaches A list of common approaches to management. Similarly, in decision making, the voice of inner consciousness is also important, along with intellectual logic. Managers perform ongoing series of functions continuously in the organisation. Management is a Social process Content Guidelines 2. The following are illustrative examples of operations management. All organisations are set up to perform some task or goal. Management is a Goal-Oriented Process: Effective management aims to unite efforts of all individuals to achieve organisational goals. Naturally, they have to plan how to get these products or services penetrated in the market. These goals differ from organisation to organisation. Only effectiveness and only efficiency is not enough for an organisation: a balance must be created in both. 19 Examples of Team Management » Management Approaches A list of common approaches to management. It is a social process 3. Universality of management 8. These functions are not independent of each other. The number 1 function of management is Planning. Image Courtesy : philmckinney.com/wp/wp-content/uploads/2012/03/HiRes.jpg. Effectiveness means achieving targets and objectives on time. Image Courtesy : kartographers.com/images/lms.png. Management is a continuous or never ending function. The functions and activities of manager lead to the achievement of organisational objectives; for example, if the objective of a company is to sell 1000 computers then manager will plan the course of action, motivate all the employees and organise all the resources keeping in mind the main target of selling 1000 computers. It is an integrative process 11. Copyright 10. Let us take 2 examples of planning to understand its importance as a management function.a) Planning in a small business – If a small business starts, they have to start with a product or service. The use of management is not restricted to business firms only it is applicable in profit-making, non-profit-making, business or non-business organisations; even a hospital, school, club and house has to be managed properly. Your IP: Management Characteristics: 12 Important Features (Characteristics) of Management – Discussed! Management function cannot be physically seen but its presence can be felt. Management is a universal phenomenon.


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