Management is a process.
Management is a group Activity
Management is getting things done through people!
- Lead subordinates.
- Communicate effectively.
- Motivate the sub-ordinates.
- Management is result oriented.
- Management is an art as well as Science.
- Rules or Principles to be followed by ministers, officers and people also principles for every one and everyone by principle.
What matters is not just activities but better results.
Process to achieve management results :-
- Optimum use of resources.
- Higher efficiency.
Rules of Management :-
- Division of work.
- Authority - Responsibility balance.
- Discipline :- Discipline for everybody, everybody with discipline.
- Unity in Command. (Too many cooks spoil the Soup)
- Management need not be ownership.
- Management is dynamic in nature.
- New and creative ideas.
- New and better products.
- Cost effective process.
- Management adapts professional approach.
- Delegate authority.
- Encourage initiative.
- Invite Suggestions.
- Provide training.
- Professional approach.
- Management is aided but can not be replaced by computers.
- Management is all pervasive.
- Management is intangible.
- Management is required at all level.
- Management is continuous process.
(Part 2)
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