What Is Management - Essay Example

?What is management? Introduction: The word management in generic expression refers to organization and synchronization of actions, schemes and policies. Its application is pertinent to any action undertaken, be it in individual capacity or collective capacity. It may be implied to management in an organization, in the educational sector, in administrative domain or any other relevant place and field. The need for management: The core idea behind management is to bring things in order, achieve the objectives and reduce any hassle and unwanted activity and process that hinder the overall task undertaken. In short management is to do things in the right way. Key words: synchronization, management, theories, order and chaos. Management in organizational context: The concept of management is directly associated with the field of administrative and business activities. The management may be associated with that of personnel, resources, processes, or other activities that collectively make up for the part of project and are undertaken under given scheme of action and policy to deduce distinct outputs and objectives. Henry Fayol defined it as commanding control and planning of actions (Murugan, 2007. 2) Domain of Management: Management in different spectrums may have the following means and impacts: Organizational management: this is related to the holistic management of the organization. Which may include the dealings and negotiations, the centering of policies, handing of manpower or any other function that may seek direction and guidance. Key steps in management: The function of management itself requires organization and balanced thinking and functioning. Thereby the process of management in itself requires consideration and scheme of action undertaken. The first of these steps is that of planning. Planning what to do will allow for comprehension over how to do. This is followed by the acting phase. The third phase is that of administration and monitoring while the final stage is that of checking over in a feedback stage. Budget management: Budget in an organization serves as the driving force and enables purchase and exchange of goods, machines and other components. Budgets play a vital role towards the success or failure of any project undertaken. Therefore management in this domain is highly important and it serves as the focal point of overall project. Dry up due to budget limitation may result in halting of the processes or possible compromise of the original manifesto and objectives understated initially. Excessive usage of capital may lead to defaulting. Hence management comes to rescue in such scenarios and enables handling the important domain of budget accordingly. Budget may also be associated with the salaries, increments and bonuses of the customers which serves indirectly towards the motivation and encouragement of the personnel associated. Hence in an analogical manner, it can be deduced that management of budget is akin to satisfaction of the workers involved in the project or overall organizational operations. Theories of Management: There are many theories that are used in different circumstances and scenarios by different organizations and enterprises. Each of these vary subject to its applicability, scope and other relevant factors. Two of these theories are: Bureaucratic theory of management and administrative: The origin of this theory stretches its roots to Europe. With the word being French in its origin, yet the concept being propelled and main streamed by Max Weber (Dolan & Rosenbloom, 2003, 8), the German sociologist. Since in inception three centuries ago, the theory still holds good and is part of major organizations, governmental institutes and other structures. This theory is more solid in its implementation towards organization with large size of workforce, administrative domain and other relevant functions and schemes. For this reason this theory finds its applications on governmental level (Singla, 2010, 57). The pre requisites of this theory require, merit, specialization, rule of engagement on professional lines, separation of the private and personal life, meritocracy, hierarchy, clearly defined cadres, removal of red tapism, impersonal operations, efficient and cheap means of process and product purchase. Nay the sole purpose of this theory is to bring about improvement in a collective way. This theory can be equally applied to the administrative sector, service sector or development sector. This theory is more effective in scenarios where there is a direct interaction with the clients and subject to the clients response and reaction different actions and procedures are incorporated leading to an overall successive project completion as the end product. Systematic theory of management: This pertains to the formal operations with little regard and consideration about the clients. The core focus of this theory is that of efficient processes, better working of the machine and other parts and with no or little delay in the outputs. The element of human resource management and consideration is relatively on the back burner and more focus is given to output in terms of the profits, and other associated factors. This theory is also called the mechanical theory with the machine and mechanism as the core of the processes. The personnel are the means to the goals which are achieved through professional working and dedicated working. Little focus is directed towards the incentives of the working force. This theory was more commonly in practice prior to the introduction of human resource management concepts in the field of management (Ragsdell, et al., 2002). What will happen if there is no management? Lack of absence is another name for chaos, disarray, unorganized operations, policies plans and procedures. Without the presence of management no concrete output can be derived. The importance of management is as high as the presence of a team lead in a project, organization or a family. And none of these units may survive or reach to achieve the derived objectives in case of the absence of management. Management as a force: Management serves as a watch dog, force, direction, guidance, motivation and all other variables and factors that will help reaching the objectives. It is another name for removing the obstacles, paving way for the success and directional movement, thinking and action plan under a given set of circumstances and scenario. Failing to adhere to management rules and regulations leads to direct or indirect failure in itself. References: Dolan, J. A. & Rosenbloom, D. H., 2003. Representative Bureaucracy: Classic Readings and Continuing Controversies. 2nd ed. s.l.:M.E. Sharpe. Murugan, M. S., 2007. Management Principles And Practices. 1st ed. s.l.:New Age International. Ragsdell, G., West, D. & Wilby, J., 2002. Systems Theory and Practice in the Knowledge Age. 1st ed. s.l.:Springer. Singla, R. .., 2010. Business Management. 1st ed. s.l.:FK Publications. Read More