Features of Management
Management is Goal-Oriented
Management is a means to achieve predetermined goals.All managerial activities are systematically directed in the accomplishment of such goals.The basic goal of management is to maximize efficiency and economy of human efforts.The success of management is measured by the extent to which the established goals are achieved.Hence, management is goal-oriented.
Management is a Group Activity
Management cannot be done in isolation. It always refers to group efforts. Whenever there is an organized group of people working towards a common goal, some type of management becomes essential.A group can easily and effectively attain the goals or objectives of an organization rather than an individual.
It is a Distinct Process
The chief function of the manager is “not to do” but to get things done through others. Mary Parker Follet has apt said, “Management is the art of getting things done through people.”
Management is a Universal Activity
The basic principles of management are applicable in business as well as in other organizations.These principles are flexible and are modified according to the needs and environment of the organizations
Management is an Integrating Process
The essence of management is integration of human and other resources for effective performance.The responsibility of management is welding the three factor men,methods and machinery into a single working factor.
Management is a Social Process
Management is a social process because it consists of getting things done through others. Management has a social obligation to make optimum use scarce resources for the benefit of the community as a whole.
Management is Both Science and Art
Management is a science because it has developed certain principles that are of universal application. It is also an art because the results of management depend upon the personal skill of managers.The art of manager is essential to make the best use of management sciences.Hence,it is both science and art.
Management is a Profession
Management is now regarded as a profession. It has a systematic and specialized body of knowledge,principles,and techniques, which can be taught as well as applied in practice.
Management is Multidisciplinary Discipline
Management draws knowledge and concepts from other disciplines such as economics,psychology,sociology,statistics,operation research as well as it integrates the ideas and concepts and uses them in managing the organization.
Management is Intangible
Management is unseen forces but its results are apparent.The effectiveness of management is judged on the basis of the end results although operations cannot be observed.
Management is Goal-Oriented
Management is a means to achieve predetermined goals.All managerial activities are systematically directed in the accomplishment of such goals.The basic goal of management is to maximize efficiency and economy of human efforts.The success of management is measured by the extent to which the established goals are achieved.Hence, management is goal-oriented.
Management is a Group Activity
Management cannot be done in isolation. It always refers to group efforts. Whenever there is an organized group of people working towards a common goal, some type of management becomes essential.A group can easily and effectively attain the goals or objectives of an organization rather than an individual.
It is a Distinct Process
The chief function of the manager is “not to do” but to get things done through others. Mary Parker Follet has apt said, “Management is the art of getting things done through people.”
Management is a Universal Activity
The basic principles of management are applicable in business as well as in other organizations.These principles are flexible and are modified according to the needs and environment of the organizations
Management is an Integrating Process
The essence of management is integration of human and other resources for effective performance.The responsibility of management is welding the three factor men,methods and machinery into a single working factor.
Management is a Social Process
Management is a social process because it consists of getting things done through others. Management has a social obligation to make optimum use scarce resources for the benefit of the community as a whole.
Management is Both Science and Art
Management is a science because it has developed certain principles that are of universal application. It is also an art because the results of management depend upon the personal skill of managers.The art of manager is essential to make the best use of management sciences.Hence,it is both science and art.
Management is a Profession
Management is now regarded as a profession. It has a systematic and specialized body of knowledge,principles,and techniques, which can be taught as well as applied in practice.
Management is Multidisciplinary Discipline
Management draws knowledge and concepts from other disciplines such as economics,psychology,sociology,statistics,operation research as well as it integrates the ideas and concepts and uses them in managing the organization.
Management is Intangible
Management is unseen forces but its results are apparent.The effectiveness of management is judged on the basis of the end results although operations cannot be observed.
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