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What is the definition of management ?

Management

Learning Objectives
After studying this the article, you should be able to:
  • Understand the role of management
  • Define management in several different ways.
  • List and define the basic functions of management.
  • Explain management historical developments.
  • Define internal and external business environment,
  • Illustrate the meaning of Business Intelligence and its tools.
Definition of management and basic functions
Definition of management and basic functions

Definition of Management

Management can be and often is used in several different ways. Any how, we can define management as "the process of assembling and using resources in a goaldirected manner to accomplish tasks in an organization".

There are some other definitions and uses of management, such as:
  • Management is a Process of getting things done, efficiently and effectively, through and with other people.
  • Management is the art of getting things done through people.
  • Management is getting work done through others.
  • Management is the process that managers follow to accomplish organizational goals.
  • Management is a body of knowledge. In this context, it is a cumulative body of information that furnishes insights on how to manage.
  • Management is the process of reaching organizational goals by working with and through people and other organizational resources.
  • Management is the coordination of all resources through the processes of planning, organizing, directing and controlling in order to attain stated objectives.
  • Management is establishing an effective environment for people operating in formal organizational groups.

Organization Management

Organization is a systematic arrangement of people brought together to accomplish some specific purposes (in profit and non-profit organizations).
The common characteristics of organization are:
  • Goals
  • Structure
  • People
Common Characteristics of Organizations
Organization Management
Organization Management

Why Study Management

Proper management directly impacts improvements in the well-being of a society. Studying management helps people to understand what management is and prepares them accomplish managerial activities in their organizations. Studying management opens a path to a well-paying job and a satisfying career.

The Role of Management

Essentially, the role of managers is to guide organizations toward goal accomplishment.

Efficiency & Effectiveness in Management

  1. Efficiency Means doing the thing correctly, refers to getting the work done with a minimum of effort, expense, or waste.
  2. Effectiveness Means doing the right things; goal attainment.

 Management Functions

The administration has differed in defining the functions of management due to the multiplicity of activities it undertakes. Despite these differences, it can be said that the functions of management do not depart from the functions of planning, organizing, leading and following up: all of this has been mentioned in another article separately : Basic management functions

The Organization's management Environment

External Environment
External environment means everything outside an organization's boundaries--economic, legal, political, socio-cultural, international, and technical forces.
  1. General environment is a set of broad dimensions and forces in an organization's surroundings that determine its overall context. .
  2. Task environment is composed of specific groups and organizations that affect the firm such as:
  • Competitors seeking the same resources as the organization.
  • Customers who acquire an organization's products or resources.
  • Suppliers that provide resources for the organization.
  • Regulators (agencies and interest groups) that control, legislate, or influence the organization's policies and practices.
  • Strategic partners (allies) who are in a joint venture or partnership with the organization.

Internal Environment in management

Internal environment is the conditions and stakeholder forces within an organization which are:
  • Owners with legal property rights to a business.
  • Board of directors elected by the stockholders to oversee the general management of the firm to best serve the stockholders' interest.
  • Employees who work for the firm and have a vested interest in its continued operation and existence.
  • Physical work environment of the organization and the work that people do. (See the next figure).

The Evolution of Management Theory

There are many management theories, the most important of which are:
  • Classical Theory of Management.
  • Behavioral theory in management.
  • Management science.
  • organization and environment theory.
  • contingency theory.
  • Emerging management approach.
Each of this is explained in a separate article: What are management theories
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