characteristics of good management? || Class || 12 NEB

 Essentials/ Nature of Management

1.    Distinct Process

2.    Goal-Oriented

3.    Art, Science, and Profession

4.    Group Activity

5.    Universal Activity

6.    Integration Process

7.    Separate Identity

8.    Pervasive

9.    Tangible And Intangible

10. Dynamic

11.  Multidisciplinary

12.  System of authority

 

 

Distinct Process

"Distinct Process" in management refers to a unique and separate set of activities or steps that are followed to achieve the objectives of an organization. These activities involve organizing and utilizing human and non-human resources in a systematic manner to achieve the organization goals.

 

Goal-Oriented

In management, being "goal-oriented" means that all the activities and efforts are focused on achieving specific objectives or targets that have been set by the organization. Managers and teams align their actions, plans, and resources towards these goals.

 

Art, Science and Profession

Management can be seen as an art, science, and profession. It involves the creative application of skills and art to effectively lead and manage people and resources. It also utilizes evidence-based principles and theories (science) to make informed decisions and improve organizational performance.

 

Group Activity

Management is considered a group activity because it involves coordinating and working with a team of individuals to achieve the objectives of an organization. It requires collaboration, communication, and coordination among group members to effectively plan, organize, and execute tasks and projects. The collective efforts of the group contribute to the overall success of the organization.

 

Universal Activity

In simple terms, "universal activity" in management means that management is necessary for all organizations, regardless of their size or type. Every organization, be it a business, government agency, or nonprofit, needs management to plan, organize, lead, and control its operations.

 

 

Integration Process

The integration process in management refers to the coordination and  of various resources within an organization to achieve its objectives. It involves bringing together human and non-human resources, such as capital, machinery, information, and other assets, in a harmonious manner

 

Separate Identity

In management, "separate identity" refers to the difference between managers and owners/entrepreneurs. Managers are responsible for efficiently utilizing resources, while owners focus on resource mobilization

 

Pervasive

In management, "pervasive" means that the principles and practices of management are applicable to all types of organizations, regardless of their size, sector, or purpose. Management is a universal function that is necessary for the effective operation and achievement of goals in various types of organizations, including both profit and nonprofit entities.

 

Tangible And Intangible

Tangible aspects in management are visible and quantifiable, like financial results, physical assets, or production output. Intangible aspects, such as employee morale and organizational culture, are less concrete and harder to measure directly. Both tangible and intangible factors contribute to the overall effectiveness and success of management practices in an organization.

 

 

 

 

Dynamic

In simple terms, "dynamic" in management means that it is always changing and requires continuous adaptation. Managers need to be flexible and adjust their strategies and approaches to keep up with the evolving business environment and effectively achieve organizational goals.

 

Multidisciplinary

In management, "multidisciplinary" means that it combines ideas and knowledge from different fields. Managers use concepts from various disciplines like economics, psychology, sociology, and statistics to understand and address organizational challenges. By drawing from these diverse areas of study, managers gain a well-rounded perspective that helps them make informed decisions and tackle complex issues effectively.

 

System of authority

A "system of authority" in management refers to the way decisions are made and power is distributed within an organization. It determines who has the authority to make decisions and sets the chain of command. In this system, higher-level managers have the power to make important decisions, while lower-level managers and employees have authority delegated to them to carry out tasks and responsibilities