Management is the management of a company, whether it’s a corporation into a nonprofit organization, or governmental body. It is a branch of management that concentrates on how the firm operates as opposed to how the company is run. It is also considered as one of the most important management skills that one can master since it deals with the day-to-day operations of the company. In fact, management is actually a three-step process; first, assessment; second, restructuring and control; and third, control. However, management is not only concerned with the company’s activities but also with the people involved in the organization.
Management is very important because it focuses on the goals and objectives of the organization. If the objective of the organization is to earn a profit, then the manager should be able to set the right kind of economic conditions so that the firm will be able to generate profits. Aside from that, the manager should also know the right way to manage the resources so that the staff members will also be given the right to pay for their efforts. One of the most important things that a manager should know is the human resource management because it is mainly concerned with the human resources of the organization.
Management involves the processes of planning, organizing, creating, staffing, leading, and controlling. The process of planning is done by the manager. In this stage, the manager should first define the goals of the organization. This would include the strategic and operational objectives of the firm, as well as the goals of the staff members. These objectives are very important because they determine the direction of the firm and the strategies that need to be implemented to reach those objectives.
In developing people, the next step is to organize them in the best possible manner. The organization needs to identify their strengths and weaknesses so that the manager can utilize them in achieving the firm’s objectives. Besides that, it is also necessary for the staff members to understand their roles and responsibilities so that they will know what they should do. After the objectives have been defined, the manager must then turn his attention to organizing the different activities within the workplace. He should make sure that these activities are coordinated with one another so that they will become more effective and productive in achieving the company’s goals.
Once the objectives have been set, it is important to work on implementing them through group efforts. The various tasks that will be accomplished by the employees can be accomplished through working groups. The group efforts will not only help in achieving the goals, but they will also help the employees understand their roles and responsibilities towards the goals. When getting things done, the manager should lead by example so that other employees will follow the same practices.
The management functions can be effectively applied through the efforts of the managers themselves. The managers can build up the productivity of the employees through encouraging them to continuously develop their skills. The objectives of the organizational goals can also be achieved by encouraging the staff members to contribute to their own development. This will help in achieving the objectives of the management system and making them function efficiently towards achieving the company’s goals.