Importance of Management Functions and Principles

943 WordsSep 11, 20114 Pages
Management is the coordination and oversight of the work activities of others so that their activities are completed efficiently and effectively. In order to carry out those responsibilities, management requires the application of several important functions, skills and roles to carry out the necessary activities in the organization effectively and efficiently. Effectively meaning doing things right so that the organizational goals can be attained and efficiently meaning getting the most output from the least amount of inputs. Furthermore, management is entrusted with the responsibility of shaping the business objectives that is in line with the vision of the business, proactive planning for future growth, anticipating and planning for…show more content…
It can be described as guiding the activities of organization members in the direction that helps the organization move towards the fulfillment of the goals.The main purpose of the leading function is to increase productivity. Human-oriented work situations usually generate higher levels of production over the long term than do task oriented work situations because people find the latter type distasteful. Controlling is the function that involves monitoring, comparing and correcting performance. It is an ongoing process that helps to predict deviations before the actually occur. However, the main purpose of controlling is to ensure that everything occurs in conformities with the standards of the organization. Additionally, management roles are of extreme importance to the effective running of any organization. Managerial roles are specific categories of managerial behavior which involves interpersonal, informational and decisional roles. These roles are keen to the management process as interpersonal roles involves the coordination and interaction with employees and it involves a leader who is Responsible for staffing, training, and associated duties, a figurehead who is the symbolic head of the organization and a liaison who maintains the communication between all contacts and informers that compose the organizational network. Informational roles involve collecting, receiving and
Open Document