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An Introduction to Management
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Concept Version 15
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Definition of Management

Management's primary function is to get people to work together for the attainment of an organization's goals and objectives.

Learning Objective

  • Recognize the difference between traditional, team, and servant management.


Key Points

    • Management processes include planning, organizing, directing and controlling.
    • An important aspect of management's function is the allocation of finite resources.
    • Resources can be human, financial, technological or natural.
    • There are different management styles: Traditional, team, and servant.

Terms

  • resource

    Something that one uses to achieve an objective. An examples of a resource could be a raw material or an employee.

  • system

    A whole composed of relationships among the members.


Example

    • A manager who is in charge of developing a new product, for example, must coordinate the efforts of his team (human resources) and make sure they get the tools needed to get the job done. If the goal is not met, it is the manager who is held responsible.

Full Text

Management: An Overview

Management is the act of getting people together to accomplish desired goals and objectives using available resources efficiently and effectively. Since organizations can be viewed as systems, management can also be defined as human action, including design, to facilitate the production of useful outcomes from a system. This view opens the opportunity to manage oneself, a pre-requisite to attempting to manage others.

Definition of Management

The Management Process

Management functions include: Planning, organizing, staffing, leading or directing, and controlling an organization (a group of one or more people or entities) or effort for the purpose of accomplishing a goal.

There are several different resource types within management. Resourcing encompasses the deployment and manipulation of:

  • Human resources
  • Financial resources
  • Technological resources
  • Natural resources

Different type of Management Styles

There are different types of management styles, and the management process has changed over recent years. The addition of work teams and servant leadership has changed what is expected from managers, and what managers expect from their employees.

Traditional Management

There is a hierarchy of employees, low level management, mid-level management, and senior management. In traditional management systems, the manager sets out expectations for the employees who need to meet goals, but the manager receives the reward of meeting those goals.

Team Managment

In a team management arrangement the manager is a guiding hand to help the members of the team work together to solve problems but doesn't dictate policy and the entire team receives the reward of meeting those goals.

Servant Management

With this approach, the manager helps supply resources the employees need to meet company goals. In servant leadership, the organization recognizes employees as experts in their field and work to help them work efficiently.

No matter which type of management style is used by an organization, the main objective of managers is to help employees reach company company goals and maintain company standards and policies.

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