Management Theory
Views on management have changed substantially over the past century and particularly in the past few decades. As of today, in any business or organization, in order to accomplish desired goals and objectives, management is needed by getting people together to able to: * Planning - meeting goals, being ready for crises * Staffing - recruiting, training * Organizing - time management, team building * Leading - communication, motivation, discipline * Controlling - quality control - methods, productivity, people
Definition of Management:
Look up the dictionary , “Management” (from Old French ménagement “the art of conducting, directing”, from Latin manu agere “to lead by the hand”) characterizes the process of leading and directing all or part of an organization, often a business, through the deployment and manipulation of resources (human, financial, material, intellectual or intangible).
Management can be described responsible for measuring details that may not be required presently, but may be useful later on. These measurements often help determine the objectives in the planning stage. When management is following this type of sequence, it becomes a continuing cycle. Plan, execute, and measure. The measurements become the basis for the next planning stage and so on. Management can also be described as the process of accomplishing work through the efforts of others. Skilled managers can accomplish much more through others than they can through their own single efforts.
Objectives of Management: * Ensuring organization goals and targets are met - least cost and minimum waste * Looking after health and welfare, safety of staff - the implications thereof * Protecting the machinery and resources, including the human resources
Too many managers are promoted to their positions because they were technically expert in their chosen field, but now find themselves with little