The management has a universal nature in every organisation, as the organisation needs decision making, resource procurement, activity coordination, directing the people in the organisation and also evaluation of the objective based performances.
Mary Parker Follet defined management as the art of getting things done through others. This definition stands for the traditional view of management where the employees are considered as an agent of production only. The impression of the definition is that the managers accomplish the objectives of the organisation through others and not by carrying out the tasks by themselves.
Management is considered as a Process of fore casting and planning, organising, commanding, coordinating and controlling. This is the definition put forward by Henri Fayol. According to Fayol, management is the effective utilisation of human and material resources to achieve enterprise objectives.
Management also represents personnel or the group of people or the employees working in an organisation. Management has come up as a field of scientific study or a branch of education.
Management is a science as well as an art. As a science, management represents a systematically organised body of knowledge based on proper findings and exact principles and is capable of verification. Art is the bringing about a desired result through proper application of the skills.
The quality of its resource management shows the development of the country. Efficient management only capacitate the developing nations to have effective adoption of material and human resources foe economic development. To sum up, the management is the attorney and the development is the sequence.
The Nature of Management:
Management is a goal oriented activity. The success of the management is mainly valued by the height of achievement of its goals. The goals must be well defined so that the managers of various levels must understand it clearly and properly. Management is an apparent activity and the prominent characteristics representing management can be briefed as:
2. Monetary Resource
3. Apparent method
4. Unifying force
5. Indefinite or unseen force
6. Productive outcome through others
7. An art as well as a science
9. Multi disciplinary subject
10. Universal function