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Goal-oriented process: Management is directed towards achieving predetermined organizational goals. It unites the efforts of different individuals in the organization towards achieving these g
Business/Management
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Here are the key features of management:
- Goal-oriented process: Management is directed towards achieving predetermined organizational goals. It unites the efforts of different individuals in the organization towards achieving these goals.
- Pervasive: Management is a universal activity, applicable to all types of organizations (business, non-profit, government) and at all levels within an organization (top, middle, operational).
- Multi-dimensional: Management involves three main dimensions:
- Management of work: Planning, organizing, and controlling the tasks to be performed.
- Management of people: Managing individuals and groups to achieve organizational objectives.
- Management of operations: Integrating work and people to produce goods and services.
- Continuous process: Management is an ongoing series of functions, including planning, organizing, staffing, directing, and controlling, that are performed continuously.
- Group activity: Management is a collective effort involving a group of people working together to achieve common objectives. It coordinates the efforts of various individuals.
- Dynamic function: Management adapts to changes in the business environment (economic, social, political, technological) to ensure the organization's survival and growth.
- Intangible force: Management cannot be physically seen or touched, but its presence can be felt through the orderliness, efficiency, and achievement of goals within an organization.
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