Introduction of Management.
Management is the process of working with and through others to effectively achieve the goals of the organization, by efficiently using limited resources in the changing world. Of course, these goals may vary from one enterprise to another.
Management is a wet of activities directed at organization resources with the aim of achieving organizational goals in an efficient and effective manner.
“Management is an art of knowing what to do, when to do and see that it is done the best and cheapest way”
Roles of Management.
The basic and common role of management can be listed as follow.
. Set objectives
. Plan for the achievement of those objectives.
. Organize resources for the achievement of planning objectives (including organizing employees).
. Establish controls for activities and operations
. Co ordinate activities.
. Establish effective communication system both inside and outside the organization.
. Monitor actual performance.
. Take corrective action where necessary.
. Review actual achievements and establish new planning objectives.
Classical Theory of Management.
Classical management theory is a branch of management theory which evolved around the 19th century. It was developed during the industrial revolution when problem related to factory systems began, to recognize the role that management plays in an organization particularly focusing on the efficiency of the work process.
Early theories of management were concerned with.
. The roles of Manger and
. How mangers might perform their roles better and more efficiently.
These therioes focused mainly on the mangment of work.
“classical” therioes of organization and management are associated with theorists such as.
. Taylor and the scientific school of management.
. Fayol and weber
1 scientific Theory of Mangment.
Scientific management theory was developed by Frederick W. Taylor. Scientific management theory is important because it’s approach to mangment is found almost every industrial business operation across the world. It’s influence is also felt in general business practices such planing, process, design, quality control, cost accounting.