Nature of management
The
nature of management has the following features.
Universal process: - Management is universal in nature; it is applied in all
types of process like commercial, social or political. Management exists
everywhere in universe. The basic principles of management can be applied
everywhere, whether they are business or non-business organization.
Continuous Process: - Management is a never ending process. Management is a
continuous process because it always carries the past decisions for the future
course of action to achieve organization goals.
Multi-disciplinary method: - Management is basically
multi-disciplinary; it depends on the proper knowledge and skill of various
disciplines such as economics statistics, anthropology, psychology, sociology
etc.
Group activity: - Management requires the use of group-efforts to achieve
their goal. Management is a vital part of group activities. Management unites
with their goal what they cannot achieve individually.
Intangible force: - Management is intangible. It is an unseen force, but its
presents seem in the form of results.
Social Management: - Management is a social process in nature, it essentially
involves managing people, it concern to developing,
retaining and motivating people at work place and also care of their
satisfaction.
Coordinating force: - Management cannot do anything by them. They should get
their work done by organization’s member. In the any organization, management
coordinates the efforts of human recourse through orderly.
Goal oriented: - Management is a goal oriented in nature. It works only to achieve particular goal
which decide by the organization.
Relative, not absolute principles: - Management principles are relative
not absolute, because they should be applied according to need and condition of
the organization.
An integrative method: - Management integrated the living and non-living resources
to achieve the desired goal.
Objectives of management
According to George R. Terry,
"A managerial objective is the goal which prescribes definite scope and
suggests the efforts of a manager."
According to Harold Koontz defined objectives of
management as, “A systematic manner and that is consciously directed
toward that effective and efficient achievement of organizational and
individual objectives”.
The
main objectives of management:-
- To increasing organizational effectiveness.
- To achieve optimum utilization of various resources.
- To have co-ordination between various department in the organization.
- To have co-ordination between various agencies, and company.
- To control the material quality.
- To reduces the execution time for various activities of the organization.
- To control the quality of workmanship.
- To manage and control economy execution.
