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You will need to hone various talents to become an efficient manager, including those
in planning, communication, organization, and leadership. You will also need to
comprehensively understand the organization's goals and the workers, sales, and
other activities necessary to achieve those goals.
Objectives of Management
1. Optimize resources
2. Improvement of Efficiencies
Boosting the effectiveness of operations, production, and services leads to increased output,
revenue, and profits. Management systems observe the activities, length of time, and flow of
the workplace to ascertain the procedures that result in the most productive outputs. It's not
uncommon for managers to collaborate on developing and executing new procedures and
standards with both other employees and the heads of departments.
3. To maximize profits
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Management teams aim to balance increasing revenues as much as possible and creating a
positive working environment for workers. To ensure that profits are maximized, it is
necessary to collaborate with various departments and leaders, such as accountants,
supervisors, and executives, to identify areas that need modifications and adjustments.
Finding costs and waste that are not essential and developing innovative processes that make
operations more effective are two of the most important tasks for managers who want to
accomplish their maximum profit goals.
5. Maintain quality
Management teams determine the rules, protocols, and criteria that govern the manufacturing
and delivery of goods and services. One of management's most important responsibilities is
ensuring that the organization consistently meets all required quality standards. The team
collaborates with other departments, supervisors, and workers to establish, execute, and
sustain quality.
An organization's culture, attitudes, and morale can influence its total output and
revenues. The intrinsic drive for employees to accomplish their work and give more effort is
increased when the workforce's morale is high. Management teams actively seek to maintain
morale by putting into place efficient authority structures, developing incentive programs, and
reacting to the comments and suggestions of staff members. In addition, maintaining
excellent interactions with staff members and demonstrating
appreciation for their contributions boosts morale and encourages them to pursue
further professional development.
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7. Maintaining discipline and moral
Forecasting and predicting results and changes are common responsibilities for many
management professions. One of the most important goals for managers is to minimize
exposure to potential hazards and losses by careful planning and accurate forecasting. It is
possible to boost earnings and eradicate losses by cutting down on risk elements, including
safety concerns, squandered resources, and unnecessary expenditures.
Management teams will frequently engage in higher-level critical thinking and abstract
strategy when trying to enhance operations and revenues. Together with CEOs, other leaders,
and other stakeholders, the team develops, pitches, and implements overarching company
plans or frameworks. For example, it might be helpful to establish and restrict objectives for
all personnel to work toward a shared goal if a corporate plan is created that is both successful
and consistent.
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or collaborate with logistics specialists, engineering professionals, and production
professionals. Managers may also use tools such as organization charts, flow diagrams, and
process audits to evaluate and communicate workflow operations.
The management of a business strives to locate, recruit, and retain the most qualified
applicants and workers possible. Therefore, it is possible for managers to collaborate with
recruiters to determine recruiting criteria, assess applicants, and develop recruitment offers.
As a result, the entire organization benefits from knowledge, competence, and productivity
when it recruits talented and competent workers.
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Functions of Management
Now that we have understood what management is, we have to understand what the function
of management is. Every company has a structure, and having one that is effective in pushing
the business ahead is critical to that firm's organizational structure. There are front-line,
middle-level, and top-level managers in any organization, from the lowest to the highest
levels of management. For example, a chief executive officer (CEO) and a board of directors
come after the senior management team. Imagine this construction as a pyramid; you will see
its components much more plainly. As you climb higher up the pyramid, you will have fewer
and fewer supervisors to oversee your operations.
At its most elemental level, management is a discipline that consists of a set of five broad
functions:
Planning
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Organizing
Staffing
Leading
Controlling
These functions are listed in order of increasing complexity. A corpus of practices and ideas
on how to be a successful manager includes the following five functions as part of its
framework.
Management has been defined as a social activity that entails responsibility for the efficient
and effective planning and management of the functioning of an organization to achieve
predetermined goals. It is a dynamic process consisting of numerous elements and actions in
various orders. These tasks should not be confused with operational duties such as marketing,
finance, and buying, amongst others. Rather, every manager, regardless of position or
standing, is responsible for carrying out these responsibilities.
When managers have a solid grasp of the functions, they can better direct their efforts toward
the activities that produce outcomes.
The following is a synopsis of the six core responsibilities of effective management (ICPM
Management Content):
1. Planning
2. Organizing
Developing worker connections paves the way for workers to collaborate to achieve the
corporate goals they share.
3. Leading
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Successfully completing this duty requires articulating a vision, energizing personnel, and
inspiring and motivating others using vision, influence, persuasion, and excellent
communication skills.
4. Staffing
Identifying potential candidates for employment and making final hiring decisions (within
teams and departments).
5. Directing
The most important factor in this regard is directing because it is considered the course
through which the managers train, advise, and monitor employees' overall performance to
reach set goals and objectives. In fact, directing is the core of the management process .
Planning, organizing, and staffing have little value if leadership functions are not performed
in a proper way. In the realm of management, the direction is defined as any effort meant to
motivate subordinates to do their duties successfully and efficiently. Hence, its value is
optimum.
6. Controlling
Conduct an assessment to determine the extent to which you succeed in attaining your
objectives, enhancing performance, and acting. Install procedures that will assist you in
establishing standards so that you may evaluate, assess, and reach conclusions about your
situation.
Characteristics of Management
Any business is growing rapidly over the globe under today's current management model.
Any company that doesn't effectively handle its own affairs will quickly become irrelevant
in today's dynamic marketplace.
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As Peter Drucker defined, management is acting to influence or bring about change in another
entity. When a business or other organization follows this procedure, its assets (both human
and material) are maximized for maximum efficiency in the pursuit of set goals.
There is a great need for management at all levels of any firm; why limit its importance to the
top? Schools, universities, corporations, and government agencies employ management to
varying degrees. It's a must for any business, for-profit or non-profit, and any industry
producing physical goods.
Management may be thought of as a hybrid of art and science. It is an art in that it requires a
person to be able to manage things. In a different sense, management is a science since it
develops specific rules or laws relevant to a setting where a collection of
activities is coordinated. This aspect of management makes it a scientific endeavor.
2. Management of Resource
Management may be defined as the process of activities related to the efficient use of existing
resources for production. Within the organization, "resources" can refer to various things,
including men, money, materials, and machines.
The activities of planning, organizing, directing, and regulating the resources are the primary
components of the management process. An organization must make optimal use of its
available resources, including its human and financial assets, to advance its mission and
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realize its goals. In the absence of any of the other fundamental tasks of management, the
management function of just one person cannot deliver any outcomes on its own. That being
said, management is an ongoing effort.
6. Management of Operations
Land, labor, financial resources, and business owners are all components of the production
factor. The term "land" refers to any area utilized for agricultural purposes. The
term "labor" refers to the paid workers of an organization working at various levels inside the
company. The term "capital" can refer to either working capital, which can be cash,
raw resources, and completed commodities, or fixed capital, which takes the shape of plant
and manufacturing facilities. Working capital is the more common term. Without this, the
organization would not be able to accomplish its aims.
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It is only when the entrepreneur successfully coordinates the aims of the organization
that those goals may be accomplished. For example, in the context of one-person operations,
such work can be performed by a single individual. However, when it comes to large-scale
company divisions, the management team is in charge of the coordination work. Therefore,
management is considered one of the variables contributing to productivity.
10. Decision-Making
Every day, the management team is responsible for making a variety of important
choices. The process of making a decision doesn't begin until several paths of action are
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available to choose from. If there is just one possible action to take, then there is no need
to decide on what to do. The performance of an organization may be directly attributed to
the caliber of decisions made by its management. The degree to which a manager makes the
correct decision is directly proportional to the organization's level of success or failure.
The concepts and procedures of management are not limited to the operations of a single
sector of the economy; rather, they are relevant to each and every sector of the economy.
Moreover, the nature of an organization directly affects how management is carried out in that
organization as opposed to another.
A manager does not actually conduct the task but is responsible for delegating it to others so it
may be completed. As defined by Knootz and O'Donnel, management is "the art of getting
things done through and with people in officially organized organizations," as the authors put
it.
It is possible to describe a class as a collection of individuals that share similar qualities and
work toward achieving the same goals. For example, a society may classify individuals such
as engineers and medical practitioners into the same social category. Every single physician
strives to accomplish the same things in their professional career. Like engineers and
physicians, management personnel have comparable goals when accomplishing organizational
objectives.
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14. Management as a Career
These days, management is increasingly seen as a professional path that can be tailored to
various areas of specialization. For example, among the many subfields under the umbrella
term "management," some of the more common specializations are financial management ,
cash management, portfolio management, marketing management, personnel management,
industrial management, and business management. As a result, the most important positions in
the senior management team are filled with qualified experts.
A manager can guide and instruct his subordinates in executing their task and exercise control
over them when required. Without direction and control, he will fail to accomplish
the company's goals if he does not effectively use the resources at his disposal. In most cases,
directing and controlling activities entail dealing with things that need human effort.
The management does not remain consistent. In the rapidly evolving world of business, new
strategies are continuously being conceived and implemented by management. The
management style adapts to reflect the shifting social landscape. The dynamic nature of the
commercial sector has contributed to the transformation of society.
Importance of Management
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It should be obvious why management is so important, not just in the context of businesses
and other organizations but also in our personal life. The idea of management may be seen in
every facet of modern life. To accomplish something, management is the act of organizing
and administering the necessary tasks.
In many businesses, there are several tiers of management, which help split responsibilities
among the various divisions and areas of expertise. When work is segmented into multiple
management levels, a firm can expand its workforce because there are more managers
available to oversee and control the various operations inside the business. In addition, this
helps develop streamlined approval procedures and assures that different levels of
management may review each other's work before releasing a product to the general public.
Levels of Management
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To understand more in-depth what is management, we have to understand the different levels
of management. There are three primary levels of management, each of which has a variety of
managerial jobs. These levels include a closer look at the specifics of each level of
management, along with their responsibilities and typical job titles, as follows:
1. Top-level management
Administrative managers, often known as top-level managers, are in charge of the overall
direction of a corporation. These managers validate that the organization is succeeding in
achieving its long-term objectives and expanding at a consistent rate. Their key objectives are
often to start a prosperous business that achieves the highest possible profit and has an
outstanding reputation.
Although top-level managers have the most responsibility, power, and influence in a firm,
they frequently consult with other employees and listen to their concerns. The key
responsibilities of upper-level managers include the formulation of business strategies, the
establishment of objectives, and the maintenance of relationships with other companies.
2. Mid-level management
Mid-level managers, also known as executory managers, are responsible for carrying out the
strategies devised by upper-level management and providing direction to first-line managers
and other staff. They are the connection between the administrative level and everyone else,
and these managers frequently take knowledge from top-level managers to discuss or teach it
to employees. They also serve as the bridge between the administrative level and everyone
else.
It is the responsibility of midlevel managers to run the many branches of a firm and ensure
that the employees working in each branch know the overarching objectives the organization
is working toward. Executing top-level plans, providing advice to first-line managers, and
completing group performance reviews are typical responsibilities of this position.
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3. First-line management
First-line managers, also known as supervisory managers, assist the company's smallest
divisions, such as particular groups of employees or sections within a branch. They report to
mid-level managers. These managers are responsible for interpreting instructions given to
them by mid-level managers to assist them in effectively directing their teams and
contributing to the organization's expansion.
First-line managers are also responsible for listening to employee complaints and discussing
them with mid-level management. Top-level management may then be informed of the issues
that have been raised. In addition, first-line managers are responsible for various
responsibilities, including delegating work to their staff, ensuring that production standards
are met, and monitoring day-to-day operations.
Conclusion
There are a few tried-and-true methods to develop your management career; however, the
requirements for work at different management levels may vary from industry to industry.
Before beginning employment as a first-line manager, you should have foundational
experience in your chosen sector. You may be promoted to mid-level management and then
eventually to top-level management as you acquire experience in leadership roles and learn
more about the organization.
To demonstrate that you can contribute to the smooth operation of a business at a higher level
of management, you might require extra education or specialty before you can advance in
your career. KnowledgeHut online certification might come in handy in this respect.
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expectations, provide feedback and recognition, and offer development opportunities.
Finally, management is responsible for the financial health of the company. They
track income and expenditure, make investment decisions, and manage resources
effectively. Without management, a company would be chaotic and unstructured and
quickly bankrupt. Therefore, management is essential for the success of any
organization.
2. What is effective management?
Management effectiveness is a term used to describe the ability of managers to make
decisions that lead to desired outcomes. An effective manager is one who can plan,
organize, and execute tasks in a way that achieves the goals of the organization. In
order to be effective, management must be able to set clear objectives, develop
achievable plans, and Motivate employees to achieve results. Additionally,
management must be able to adapt to changing conditions and make decisions that
minimize risk. Ultimately, management effectiveness is about achieving results
through the use of available resources. An effective manager is one who understands
how to get the most out of their employees and is able to create an environment that
supports their success.
3. What does good management look like?
Good management means setting clear goals and objectives and then developing a
plan to achieve them. It also means creating a positive work environment where
employees feel valued and motivated. In addition, good management
requires effective communication and team-building skills. By effectively leading and
motivating employees, managers can help ensure that a company reaches its full
potential. In short, good management is essential for any successful business.
4. Why do you study management?
You learn how to lead and inspire teams, make effective decisions, and create and
implement strategies. You also learn how to think critically and analytically, essential
skills in any business setting. Moreover, management courses can be tailored to your
specific interests, whether it be human resources, marketing, or project management.
By studying management, you equip yourself with the knowledge and skills that are
necessary to succeed in today's ever-changing business landscape.
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Motivation: The Driving Force Behind Our Actions
By
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Kendra Cherry, MS, is a psychosocial rehabilitation specialist, psychology educator, and
author of the "Everything Psychology Book."
Learn about oureditorial process
Medically reviewed by
Table of Contents
Types
Importance
Components
Improvement
Inhibitors
Theories
The term motivation describes why a person does something. It is the
driving force behind human actions. Motivation is the process that initiates,
guides, and maintains goal-oriented behaviors.
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For instance, motivation is what helps you lose extra weight, or pushes you
to get that promotion at work. In short, motivation causes you to act in a
way that gets you closer to your goals. Motivation includes
the biological, emotional, social, and cognitive forces that activate human
behavior.
Learn the types of motivation that exist and how we use them in our
everyday lives. And if it feels like you've lost your motivation, do not worry.
There are many ways to develop or improve your self-motivation levels.
‘Doing What You Love’: The Battle of Extrinsic vs. Intrinsic Motivation
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Motivation serves as a guiding force for all human behavior. So,
understanding how motivation works and the factors that may impact it can
be important for several reasons.
If you're feeling low on motivation, there are steps you can take to help
increase your drive. Some things you can do to develop or improve your
motivation include:
Adjust your goals to focus on things that really matter to you. Focusing on
things that are highly important to you will help push you through your
challenges more than goals based on things that are low in importance.
If you're tackling something that feels too big or too overwhelming, break it
up into smaller, more manageable steps. Then, set your sights on achieving
only the first step. Instead of trying to lose 50 pounds, for example, break
this goal down into five-pound increments.
Improve your confidence. Research suggests that there is a connection
between confidence and motivation.6 So, gaining more confidence in yourself
and your skills can impact your ability to achieve your goals.
Remind yourself about what you've achieved in the past and where your
strengths lie. This helps keep self-doubts from limiting your motivation.
If there are things you feel insecure about, try working on making
improvements in those areas so you feel more skilled and capable.
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Theories of Motivation
Throughout history, psychologists have proposed different theories to
explain what motivates human behavior. The following are some of the
major theories of motivation.
Instincts
The instinct theory of motivation suggests that behaviors are motivated by
instincts, which are fixed and inborn patterns of behavior. 7 Psychologists
such as William James, Sigmund Freud, and William McDougal have
proposed several basic human drives that motivate behavior. They include
biological instincts that are important for an organism's survival—such as
fear, cleanliness, and love.
Drives and Needs
Many behaviors such as eating, drinking, and sleeping are motivated by
biology. We have a biological need for food, water, and sleep. Therefore, we
are motivated to eat, drink, and sleep. The drive reduction theory of
motivation suggests that people have these basic biological drives, and our
behaviors are motivated by the need to fulfill these drives.8
Abraham Maslow's hierarchy of needs is another motivation theory based on
a desire to fulfill basic physiological needs. Once those needs are met, it
expands to our other needs, such as those related to safety and security,
social needs, self-esteem, and self-actualization.
Arousal Levels
The arousal theory of motivation suggests that people are motivated to
engage in behaviors that help them maintain their optimal level of
arousal.4 A person with low arousal needs might pursue relaxing activities
such as reading a book, while those with high arousal needs might be
motivated to engage in exciting, thrill-seeking behaviors such as motorcycle
racing.
The Bottom Line
Psychologists have proposed many different theories of motivation. The
reality is that there are numerous different forces that guide and direct our
motivations.
Understanding motivation is important in many areas of life beyond
psychology, from parenting to the workplace. You may want to set the best
goals and establish the right reward systems to motivate others as well as
to increase your own motivation.
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Knowledge of motivating factors (and how to manipulate them) is used in
marketing and other aspects of industrial psychology. It's an area where
there are many myths, and everyone can benefit from knowing what works
with motivation and what doesn't.
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Business organizations today are facing change on a regular basis. As
technologies continue to transform entire industries, organizations must
modernize and readjust their business outlook, work functions and even their
overall goals in response to external market drivers and disruptors.
As organizations realign their labor force to meet new goals, priorities are
addressed and reassigned, with some workers taking on new responsibilities.
With their employees facing such a variety of change, creating a standardized
organization approach to change has become increasingly important for
managers wishing to ensure all types of transitions remain as smooth as
possible. This is where change management comes into play.
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For any organization facing the prospect of change, the first step is to create a
climate receptive to change. Change can intimidate, or even frustrate, and it is
vital for management to decrease resistance by communicating the
importance of the change, guiding the teams where change occurs and
providing a clear vision to jump-start the transition process. Communication
and transparency on the “why” and “how” behind change are crucial for
gaining employee trust and buy-in for change. This helps employees be
owners and implementers of the change.
Once the climate is favorable for change, the next step is to engage and
enable the organization to enact change. When change is required, it is
important to allocate responsibility. Does this change require a specific
individual or a team for implementation? Is it an organizational change to be
enacted at multiple levels? If so, who will be responsible for coordinating these
different levels? Having each of these questions answered can help guide the
change process and reduce ambiguities on responsibility. For this reason, it is
important to keep communication open, transparent and clear. Also, creating
short-term wins can help to keep morale and enthusiasm at high levels.
With the organization engaged and individuals and teams enabled and
motivated, it is time to implement and sustain the change. At this point, it is
important to keep focused and maintain the pressure to achieve the desired
outcome. While this step may seem rudimentary, it is nonetheless the case
that some managers can lose focus and “ease up” during the process. If the
target goal shifts during the change process, do not hesitate to adjust
accordingly, shifting responsibilities or procedures to keep the drive and focus
sustained.
Once the change is implemented and the project has been completed, it is
time to solidify the new status-quo and transition the organization from a
state of flux to a state of permanence in order to sustain the change.
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With the general principles in place, one final step in the change management
process is a review. Despite the best efforts of management personnel to
communicate effectively and properly assign responsibilities, change is a
dynamic process. After completing a period of transition, it is important to
review the aspects of your process that did, or did not, work effectively, then
learn from the results.
Reflecting on the outcomes prepares you for next time. When your
organization faces change in the future, it can be a benefit to have
documented cases of previous procedures that were most beneficial to your
organization. With a change management team that has already pinpointed
any previous missteps and learned from mistakes, any new changes that arise
can be approached with confidence, rather than fear or dread, as positive
opportunities for the organization.
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