Concept
In our daily life, we come across different types of management. Some examples are Management of Offices, Management of Schools/Colleges, Management of Teachers, Management of Students, etc. What if there is No Schools, No Banks, No Systems? Can you Imagine Life without management?Now, I think I hope you guys have understood how much management plays an important role in our daily life. So now let's have its definition.
Introduction
Management is a set of activities directed at an organization's resources with the aim of achieving organizational goals in an efficient and effective manner. It can also be defined as the doing of any activities under the organization or business system with a set of rules and guidelines through step by step process which is planned by the experts with a vision of getting better outputs and achieving organizational goals simply called management.
The Four main Functions of management are :
1. Planning :
It includes defining goals establishing strategy and developing a plan to co-ordinates activities
2. Organizing
It includes determining what tasks are to be done and by whom how tasks are to be grouped who reports to whom and who will make decisions.
3. Leading
It includes motivating employees, directing activities of others, supervising, resolve conflicts.
4. Controlling
It includes monitoring and correcting work performance. Goals are set regularly, and analysis is to be done to see if things are as per the set plan.
