Tuesday, January 15, 2013

Bus.200 Principles Of Management.

PRINCIPLES OF MANAGEMENTManagement is a key principle that is applied in all formal or informal formation . It is the center of advantage or failure of any business and organizations should therefore authorize in it . Stewart defined management as Getting things d ace finished other pot This definition is true but the line is that it implicitly regards those who manage as machines who atomic number 18 being taken advantage of .A clearer definition is that it is the process of mean , organizing , controlling , organise motivating , and communicating to various functions , in to achieve the organizations goals and objectives . This cutting definition takes into consideration the human element and considers them as one of the major resources that need to be satisfied , if organizational goals and objectives are to be attainedPlanning refers to selecting objectives , strategies , policies programmes and procedures for achieving objectives , either for the organization as a hale or for a part of it . It involves activities such as planning work , planning work methods and procedures and preparing budgets among othersOrganizing refers to establishing a structure of tasks that realize the organizations goals , grouping the tasks into individual jobs , creating groups of jobs within sections and departments , delegating authority to station out jobs and providing systems of information and communicationControlling refers to the task of measuring and correcting the activities of individuals and groups , to ensure that their act is in accordance with plansCoordinating refers to the task of harmonizing individual activities and reconciling differences in approach , effort , interest and timing .
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It is best achieved through with(predicate) correlating individual efforts in to contribute to the overall goals of the organizationFor any organization to succeed in its function of management , it has to initially go under its own objectives . Managers should decide what the objectives of the organization should be and quantify the targets of acquisition for each objective . Targets must be communicated to other people in the organization . Work must wherefore be divided into manageable activities . Jobs must be integrated into a formal organization structure and people must be selected to do the jobs .Employeees should then be motivated and information should be communicated to them , to enable them do their work . Management must then establish yardsticks of performance measure actual performance , measure performance against the yardsticks and communicate the findings both to subordinate employees and to superiors . Management should eventually concentrate its efforts in developing people . The manager should stimulate out what is in people . He should concentrate in strengthening the integrity of his employeesIn conclusion , management can be said to justify its existence and authority through the frugal results it manages to produce...If you want to get a full essay, order it on our website: Orderessay

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