Posted at 11.17.2018
Management is thought as the procedure of working with or handling things or people (Oxford Dictionary). Management comes from managerial ability; it encourages secure functioning environment. This article will spotlight the role of management and the four functions of management and will identify how efficiency and performance are key aims for managers to satisfy. Furthermore this article will aim to identify the importance of good management and just why management is fundamental in an organisation.
Managers are generally elected by someone higher up in the organisation and their management is the result of procedures and suggestions they need to follow. When composed of group work or teamwork within an organisation the outcome is a definite indication of the communication skills and delegation skills by the manager and market leaders (Eunson 2012). Efficiency and success are key aims for managers to satisfy. The role of management is considerable and can cover not only the smooth jogging in a company but also the external factors associated with the company such as stakeholders and other workplaces with which certain business is conducted (Sappy, 2009). Being able to identify problem areas and change areas inside a company also to redefine the organizational structure whilst keeping the company efficient is a challenge, gauging a managers respond to the change and ability to use and optimise the changes in melody with the goals of the precise firm is essentially the role of management in a work area (Sinclair and Collins 1992).
Management comprises of four functions; planning, organising, leading and handling. These four functions are fundamental to the smooth running of a place of work and ensure that aspects of the company are covered in regards to management of people, places and resources relevant to the objectives lay out for a specific organization. The first element is planning. A manager must establish what goals are in accordance with the organisation and how best to achieve these goals. Usually the business will have objective assertion and a director could keep this at heart when creating a plan. Two critical the different parts of the planning function are arranging objectives and pursuing through to the execution of the program. The second function of management is organising. The goal of a manager is to organise and structure a host that allows other people to activate, and collaborate to meet the criteria needed for that particular organisation to function efficiently (Samson & Daft, 2012) professionals are responsible for not only organising the folks in just a company but also the resources. Managing the personnel and ensuring the right amount of staff are rostered to ensure that the business is jogging at full efficiency and also that the staff are well equipped with the correct resources to properly complete their duties. Leading is the 3rd management function. Ultimately a person in a management position will have a balance of both management and command qualities, the two methods are highly inter-related and when integrated jointly is a functional resource to a organisation. Managers who want to not only control their workers but lead them effectively need to comprehend what motivates them to attain the company's objectives. The final management function is controlling. Management has what's referred to as 'position vitality'. Types of positional power are legitimate ability, reward electric power and coercive power. These powers exist because of the rules and regulations set in place by the company. (Samson & Daft 2012). The handling function of management is making sure that the performance has been met and ensuring the manager knows the goals and improvement of these goals. The role of your director is to keep the employees motivated and goal orientated in the same path of the organisation that they work for.
Management takes on a essential role in virtually any company. Management helps an organisation to attain goals, allows the company to endure in a changing environment and establishes a sound organisation. Good management can also reduce turnover and absenteeism and sustain an organisations most profitable employee. Turnover is determined by many factors including the work place, peer connections and organisational culture. Motivating employees to take more fascination with their work can reduce turnover and also raise productivity at work. High turnovers can be exceedingly costly to an organisation and negatively impact an organisations reputation. Management significantly impacts organisations as it allows the business to function smoothly and increase profitability and production.
In summation, this article has identified the importance of management and its impact on organisations. By sketching focus on the role of management and the four functions of management it is visible that these are fundamental to the easy running of any company. Finally this essay talks about the impact of management in an organisation by pulling attention to reduced turnover and absenteeism.
Eunson, B. (2012). Conversing in the 21st century. Milton, Qld. : John Wiley and Sons Australia.
Nankervis, A. (2010). Human resource management. 1st ed. South Melbourne, Vic. : Cengage Learning
Oxforddictionaries. com, . (2010). management - classification of management in British from the Oxford dictionary. Retrieved 10 August 2015, from http://www. oxforddictionaries. com/definition/english/management
Samson, D. , & Daft, R. (2012). Basics of management. South Melbourne, Vic. : Cengage Learning Australia.
Sappey, R. (2009). Professional relationships in Australia. Frenchs Forest, N. S. W. : Pearson Education.
Sinclair J and Collins D. (1992). Role of management. Control & Firm Development Journal, 13(3), 11.