WHAT IS MANAGEMENT|MANAGEMENT as SCIENCE, ART, PROFESSION

management describe as science as art.
MANAGEMENT
MANAGEMENT AND THEIR FEATURES
MANAGEMENT…

Introduction:
Management is all pervasive and also known as applied science In modern times when human needs are continuously rising, it is absolutely impossible to fulfill them single-handed. In such a situation the need for group activity is felt.

Man cannot produce any single thing by himself alone and there is always the necessary of a human group whose activity can be named collective effort. Thus, one human group produces one particular product while another such group produces something different.

Obviously human needs are fulfilled with the collective efforts of different human groups. Now the question arises. Whether all the persons comprising a particular human group are competent enough to achieve success in their activities without any outside direction and control.

The obvious answer to this all important question can only be in the negative. The reason for such an answer is simple. So long as particular human group does not have clear cut objectives, definite planning, proper distribution of work, defining rights and duties, establising proper coordination among them, directing and controlling their activities, success cannot be achieved.

These are the problems which give rise to another equally important question. The question is how to overcome these problems? The answer to this really complex question is inherent in management.

IMPORTANT OF MANAGEMENT
{Anything – Management = Zero/Nothing}

The above- mentioned mathematical equation highlights the significance of management very well. Here by anything we mean all types of activities whether business or non-business. If we are not going to manage these activities the result will be zero or nothing.

In short, the importance of management is explained through the following facts:

(1) MANAGEMENT HELPS IN ACHIEVING GROUP GOALS:

Needless to say that is a goal- oriented activity. To achieve group goals a manager gives proper direction to the efforts of all his subordinates.

(2) MANAGEMENT INCREASES EFFICIENCY:

A manager increases efficiency through the optimium utilisation of all the resources such as man, machine, material and money.

(3) MANAGEMENT CREATES A DYNAMIC ORGANISATION:

Every organisation works in an ever changing environment. to face the changing environment, many changes needs to be made in the organisation as well. but people resist changes. Management creates a favourable environment through introducing employees to the benefits of adapting of change.

(4) MANAGEMENT HELPS IN ACHIEVING PERSONAL OBJECTIVES:

: Every employee wants to get suitable remuneration, a share in profit , particularly in the management, promotion, etc in the form of his personal objectives.

This objectives can only be achieved , if they work while using their full abilities. management make a employee able through motivation, good leadership and open communication. As a result they attain their individual objectives.

(5) MANAGEMENT HELPS IN THE DEVELOPMENT OF SOCIETY

Management has some responsibility towards society. managers by fulfilling their social responsibility help in the development of society. these responsibility include providing employment opportunities.