Management Practices

6684 Words Feb 23rd, 2012 27 Pages
Who are Managers???
A manager is someone who coordinates and oversees the work of other people so that organizational goals can be accomplished. A manager’s job is not about personal achievements-it is about helping others do their work. That may mean coordinating the work of a departmental group, or it might mean supervising a single person. It could involve coordinating the work activities of a team of people from different departments or even people outside the organization, such as temporary employees or employees who work for organization’s suppliers. A manager’s work may also include duties not related to coordinating and overseeing others’ work.
A manager is one who contributes to the organization’s goals indirectly by directing
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Management Functions OR Process of Management
Management is the process of planning, organizing, leading and controlling the efforts of organization members and of using all other organizational resources to achieve stated organizational goals.
A process is a systematic way of doing thing. We refer to management as a process to emphasize that all managers, regardless of their particular attitudes or skills, engage in certain interrelated activities in order to achieve their desired goals.
PLANNING
* Determines in advance what should be done; looking ahead and preparing for the future. * Process of designing business objectives and charting out the methods of attaining those objectives; define goals, establish strategies for achieving those goals, and develop plans to integrate and coordinate activities. * Determination of what is to be done, how and where it is to be done, who is to do it, and how results are to be evaluated * Planning as a function is performed by managers at all levels. * Plans are guides by which (1) the organization obtains and commits the resources required to reach its objectives; (2) members of the organization carry on activities consistent with the chosen objectives and procedures; (3) progress toward the objectives is monitored and measured so that corrective action can be taken if progress is unsatisfactory. * The first step in planning is the selection of goals for the organization. Goals
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