Management (in general) Essay Example | Topics and Well Written Essays - 2500 words

Management (in general) - Essay ExampleThe leader mustiness communicate to its members so that as a group, they leave alone know what to perform in order to achieve their goal. The leader will give a group of instructions that will guide the members of the organization. The instructions must be clear enough to understand well by the members. Decision scheme is a general approach to decision making when the outcomes associated with the alternatives are lots in doubt. It helps managers with decisions on process, capacity, location and inventory, because such decisions are about an uncertain future. Managers in other functional areas can also use decision theory (Lundy).According to Lundy, Management is principally a task of planning, coordinating, motivating and controlling the efforts of others towards a specific objective.1 This definition covers the three major functions of wariness, viz., planning, implementing and controlling. It points out management is what management does, i.e., planning, executing and controlling group activities. Thus, managing is an art of creating favorable performance environment enabling the group to attain stated objectives and management is the body of nonionised knowledge, i.e., science which underlines the art.Management is what management does - points out the functional approach to management and emphasizes the importance of distinctive managerial functions which together give us unified creation of the process of management. Functions of management are also called elements of management. An analysis of the functions of management points out what management does. It also provides the basis for defining precisely the word management (Drucker). Broadly speaking, a manager is called upon to perform the following managerial functions 2.1 PlanningWhen management is reviewed as a process, planning is the first function is to be performed by a manager. The reach of a manager begins with the setting of objectives of the organi zation and goals in each area of the business (Sherlker). This is done through planning. A manager proves the present to find where he is and he then forecasts future objectives which will indicate where he wants to be. The alternatives to achieve the objectives are evaluated and the selected alternatives become the plan of action.2.2 OrganizingManaging a business is not just planning. It includes putt life into the plan by bringing together the executive personnel, workers, capital, machinery, materials, physical facilities and other things or services to execute plans. When these resources are assembled the enterprise comes to life. Organizing involves determining and noting activities take to fulfill the objectives, grouping these activities into manageable units or departments, and assigning such groups of activities to managers (Sherlker). Delegation of authority creates an organization. It determines authority - responsibility relationship. These relationships must be properl y coordinated to limit unity of organization.2.3 StaffingStaffing involves filling the positions needed in the organization