What is Management?

Management & Marketing is the Control Science in our Universe. Management is the directing of a group of people or entities toward a goal.

What is Management?

New postby fiber » Wed Nov 18, 2009 10:11 am

What is Management?

What is Management.jpg
What is Management?

    Management is the organizational process that includes strategic planning, setting; objectives, managing resources, deploying the human and financial assets needed to achieve objectives, and measuring results.
    Management also includes recording and storing facts and information for later use or for others within the organization.
    Management functions are not limited to managers and supervisors. Every member of the organization has some management and reporting functions as part of their job.

    Management is an organizational function, like sales, marketing or finance.
    It doesn't necessarily mean managing people.
    We can manage ourselves or the material assigned to us at work. If you managed a project very well on your own, it would mean that you did the job in a well-organized, efficient manner, making good use of all resources at your disposal.
    Management.jpg
    What is Management?
    Management.jpg (13.76 KiB) Viewed 36 times

    Management is like investment.
    Managers have resources to invest - their time, talent and, possibly, human resources.
    The goal (function) of management is to get the best return on such resources by getting things done efficiently.
    This doesn't imply being mechanical or narrowly controlling as some writers on management suggest.
    The manager's style is a personal or situational matter and it has evolved over time.
    With highly skilled and self-motivated knowledge workers, the manager must be very empowering.
    Where the workforce is less skilled or not very motivated, the manager may need to monitor output more closely.
    Skilled managers know how flex their style, coach and motivate diverse employees. Getting things done through people is what they do.
    By saying that management is a function, not a type of person or role, we can better account for self-managed work teams where no one is in charge. In a self-managed team, management is a group effort with no one being the designated manager.
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Re: What is Management?

New postby fiber » Wed Nov 18, 2009 10:16 am

The term Management has different meaning in different perspective.
The meaning varies with the person to whom it is referred to. In general we can say that management is a process that involves planning, managing resources to accomplish the set objectives, and measuring the results got.
When we say resources we mean to say not only the human resources but also the other resources (financial resources, materials required, machineries involved etc.) that are needed to accomplish a task or an objective.

Related Major Skills

1.Leadership
2.Critical thinking
3.Problem solving
4.Numerical computation
5.Sound decision-making
6.Oral & written communication
7.Organizing activities
8.Computer literacy
9.Planning activities
10.Flexibility
11.Team player
12.Coordinating activities
13.Directing activities and staff
14.Cross-cultural skills
15.Interpersonal skills
16.Analyze and interpret data
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Re: What is Management?

New postby fiber » Wed Nov 18, 2009 10:22 am

Related Career Titles

1.Account Executive
2.Government Services Admin.
3.Media Planner
4.Bank Manager
5.Health Services/Hospital Admin
6.Mortgage Loan Officer
7.Benefits Manager
8.Hotel Manager
9.Occupational Analyst
10.Branch Mgmt-Any Industry
11.Human Resource Manager
12.Operations Manager
13.Budget Officer
14.Industrial Relations Director
15.Outside Property Agent
16.Commodity - Industry Analyst
17.Information Systems Manager
18.Payroll Officer
19.Communications Officer
20.Insurance Agent
21.Personnel Manager
22.Compensation Manager
23.Itnl. Business Manager
24.Personnel Recruiter
25.Construction Supervisor
26.Job Analyst
27.Promotions Manager
28.Consultant
29.Labor Relations Manager
30.Provisioning Manager
31.Credit Analyst
32.Loan Officer
33.Public Utilities Manager
34.Credit and Collections Mgr
35.Management Analyst
36.Purchasing Agent
37.Employment Counselor
38.Management Trainee
39.Purser
40.Entertainment Agent
41.Manufacturing Supervisor
42.Quality Control Auditor
43.Financial Analyst
44.Market Information Specialist
45.Real Estate Agent/Broker
46.Foreign-Exchange Trader
47.Market Research Analyst
48.Recreation Manager
49.Restaurant/Food Service Mgr
50.Media Planner
51.Reports Analyst
52.Retail Sales Manager
53.Stock Broker
54.Training Manager
55.Sales Manager
56.Supervisor
57.Transportation Director
58.Securities Trader
59.Telecommunication Marketer
60.Travel Agent
61.Service Org. Manager
62.Telecommunications Coord.
63.Trust Administrator
64.Wholesale Sales Rep.
65.Traffic Manager
66.Voice/Data Service Operations


Career Planning Links
1.Health Management Careers http://www.healthmanagementcareers.org
2.Occupational Outlook Handbook http://www.bls.gov/oco
3.Career Builder http://www.careerbuilder.com
4.Small Business Technology and Development Center http://www.sbtdc.org/links/resources.pdf
5.Culinary/Hospitality Careers - http://www.culinary-careers.org/culinary-careers.html
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Re: What is Management?

New postby Gill » Sat Nov 21, 2009 5:40 pm

The first step in answering the question: “What is management?” is to understand the basic tasks of all organizations.
Like any other species, an organization needs to take care of its immediate business of survival but it also has to evolve to ensure its fitness to cope with changes in the environment and the actions of competing species.
Life is not that simple as you might think. It’s simpler.
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Re: What is Management?

New postby Gill » Sat Nov 21, 2009 5:54 pm

Management is very important to our world.
Management is universal in the modern industrial world. Every industrial organization requires the making of decisions, the coordinating of activities, the handling of people, and the evaluation of performance directed toward group objectives.
In addition, our society simply could not exist as we know it today or improve its present status without a steady stream of managers to guide its organization.
Life is not that simple as you might think. It’s simpler.
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