Post by account_disabled on Mar 13, 2024 3:54:16 GMT
According to Kreitner, of working with and through others to effectively achieve organizational goals by efficiently using limited resources in a changing environment. Also read: Organizational Management: Definition, Functions and Objectives Management Concept management concept illustration. source envato So the Management Concept can be defined as the process of completing something with the aim of achieving goals effectively and efficiently. Some important terms in this definition are: Process : Process means the main function or activity that management carries out to get something done. These functions are planning, organizing, staffing, directing and controlling. Effectiveness: Effectiveness is related to the end result. This basically means completing the assigned tasks. Thus, effectiveness in management is related to carrying out the right tasks, completing activities and achieving goals Efficient.
Efficiency means doing a task correctly and at minimum cost. Management is concerned with the efficient use of input resources which ultimately reduces costs and generates higher profits. It is important for management to achieve goals (effectiveness) with minimum resources, that is, as efficiently as possible while maintaining a balance between effectiveness and efficiency. Also read: Understanding Management: Types and Roles Characteristics of Management Concepts Panama mobile number list Characteristics of Management Concepts management concept illustration. source envato The basic characteristics of management are: . Management Is a Goal-Oriented Process An organization has a set of basic goals that are the basic reason for its existence. Management brings together the efforts of different individuals in the organization to achieve these goals.
The concept of management is broad The activities involved in managing a company are common to all organizations whether economic, social or political. Also read: Business Management: Functions and Their Components . Management is Multidimensional Management is a complex activity that has various dimensions such as: Job management : All organizations exist for the performance of some work. Management interprets this work in terms of goals to be achieved and establishes ways to achieve them. People management: Human resources or people are the greatest asset of an organization. Managing people has two dimensions namely it implies dealing with employees as individuals with diverse needs and behavior and it also means dealing with individuals as a group of people to achieve organizational goals, by making their strengths effective and their weaknesses irrelevant.
Efficiency means doing a task correctly and at minimum cost. Management is concerned with the efficient use of input resources which ultimately reduces costs and generates higher profits. It is important for management to achieve goals (effectiveness) with minimum resources, that is, as efficiently as possible while maintaining a balance between effectiveness and efficiency. Also read: Understanding Management: Types and Roles Characteristics of Management Concepts Panama mobile number list Characteristics of Management Concepts management concept illustration. source envato The basic characteristics of management are: . Management Is a Goal-Oriented Process An organization has a set of basic goals that are the basic reason for its existence. Management brings together the efforts of different individuals in the organization to achieve these goals.
The concept of management is broad The activities involved in managing a company are common to all organizations whether economic, social or political. Also read: Business Management: Functions and Their Components . Management is Multidimensional Management is a complex activity that has various dimensions such as: Job management : All organizations exist for the performance of some work. Management interprets this work in terms of goals to be achieved and establishes ways to achieve them. People management: Human resources or people are the greatest asset of an organization. Managing people has two dimensions namely it implies dealing with employees as individuals with diverse needs and behavior and it also means dealing with individuals as a group of people to achieve organizational goals, by making their strengths effective and their weaknesses irrelevant.