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

Management (in widely distributed) - Essay ExampleThe leader must(prenominal) communicate to its members so that as a group, they will know what to perform in order to obtain their goal. The leader will give a group of instructions that will guide the members of the system of rules. The instructions must be clear enough to understand well by the members. Decision supposition is a general approach to decision making when the outcomes associated with the alternatives are often 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 schemening, coordinating, motivating and controlling the efforts of others towards a specific bearing.1 This definition covers the three major functions of management, 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 fine art of creating favorable performance environment enabling the group to attain stated objectives and management is the body of nonionized 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 unitedly give us unified concept of the process of management. Functions of management are also called elements of management. An depth psychology 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 off function is to be performed by a manager. The work of a manager begins wit h the setting of objectives of the organization 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 putting 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 call for 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 - function relati onship. These relationships must be properly coordinated to secure unity of organization.2.3 StaffingStaffing involves filling the positions needed in the organization