Management

And Nature Of Management

Siddhi Jain
Roll no : 399
 Mary Parker Fillet
“Management is the art of getting
things done through the people.

Management
Management is the process of getting
things done ,with the aim of achieving
organisational objective or a goals,
effectively and efficiently.
 Nature Of Management
The main characteristics of management are as follows:

PROFESSIONAL
PROCESS ALL PERVASIVE GROUP ACTIVITY
APPROACH

GETTING THINGS ART AS WELL AS NEED NOT BE

RESULT ORIENTED
DONE SCIENCE OWNERSHIP

DYNAMIC IN ESTABLISHED MULTIDISCIPLINAR

INTANGIBLE
NATURE PRINCIPLES Y
 Management is a systematic process
undertaken by managers to attain
objectives.The management process
involves:
Planning
activities

PROCESS Controlling Organizing

activities Process resources

Directing
subordinates
  Management is an activity that touches all walk
of life.lt is an applicable not only to business
organisation but also to non-business
organisation such as educational
institutions,charitable trusts,etc.

All
Pervasive

Big organisations Small organisations

  Nowadays manager adopt a professional approach in getting
the work done from the subordinates Professional manager.

Delegate
authority
Professional
Approach Invite
suggestions

Encourage
initiative, etc
  Proper management it requires teamwork . The combined effort
of all the manager bring success to the organisation. A single
manager, however, capable, may not he able to attend
organisational goal without the support of other manager.

Group
Activity
  Management involves getting things done through the
employee. To get the work done manager needs to:

Lead the subordinates

Getting
Things Done Communicate
effectively

Motivate the
subordinates
  Management places emphasis on results.
 The activities of the managers are focused on the attainment of
goals or results .
 It is not just activities that matters but better results.
 The results can be in the form of:

Result Reduction in Optimum use

Oriented wastages of resources

Motivated Enhanced
workforce efficiency
  There is a considerable debate as to
whether management is an art or science
 In practice, managing is an art.
Art as Well as  However, a manager can work better by
Science using the organized knowledge .
 Therefore, management has
characteristics of both art as well as
science
  In large organisations , management and ownership need not
be one and the same .
Need not be  The promoters or directors can hire the service of professional
owership managers.
 However ,in small organisations , owners themselves undertake
management activities.
 Management need to be creative and
innovative .The success and survival of the
organization largely depends upon
Dynamic in innovation. Managers must come up with :
nature  New and creative ideas
 New and better produts
 Cost – effective processes ,etc
 Management follows established
principles in managing the organisation.
The principles include:

1. Division of work
2. Authority – Responsilbility Balance
Established 3. Discipline
principles 4. Unity of command,
5. Unity of Direction
6. Subordination of Interest,etc.
  Management as a process or activity is not
directly visible .

Intangible  The effectiveness of management is reflected

by the results of the management process .
 Effective management process can generate
higher results.
 Managers manage people to get the work done.
Some of disciplines are :
Multidisciplinary  Management science
 Psychology
 Philosophy
 Economics