Concept about Management | CHAPTER 1 | Leadership And Management

Concept about Management – This book covers the entire syllabus of “Leadership & Management” prescribed by the BNMC for Diploma in Nursing Science & Midwifery Students.

We tried to accommodate latest information and topics. This book is examination friendly setup according to the teachers’ lectures and examination’s questions. At the end of the book previous university questions are given. We hope in touch with the pook students’ knowledge will be upgraded and flourished. The unique way of presentation may make your reading of the book a pleasurable experience.

 

Concept about Management | CHAPTER 1 | Leadership And Management

 

Concept about Management

Management is a general term which is described in various ways, with significantly different meaning. Also, there is no globally accepted definition in particular. Management is commonly termed as functioning with and through the personnel, individually or in group, to manage the resources to the maximum to achieve the objectives.

Leaders are deputed to manage particular fragments of overall objectives. The management techniques are significantly relevant to those who control the behaviour of those under them to accomplish the goals.

The management process comprises four main components: framing strategies of planning management, systemizing the work process, reinforcing or motivating the workers and supervising to achieve the goals of the management. To accomplish the goals of management, therefore, certain important technical, personal and conceptual skills are requiredm.

Definition of Management:

According to George R. Terry:

Management is defined as implementing specific functional activities that include framing strategies of planning, systemizing the work planned, and implementing, supervising and directing the work performance to achieve the goals by utilizing the adequate manpower and other, resources.

According to E.F.L. Brech:

Management is defined as the process to ensure that as the work gets completed, it mainly
focuses on work orientation, planning and implementing the planned strategies to achieve the management goals.

According to Stanley Vane:

Management is defined as the activity of determining the control over the activity of personnel’s
in order to achieve the expected goals of the management.

According to S. George:

Management is defined as an important activity of utilizing the work from all personnel who complete the task by controlling and supervising so as to accomplish the institutional goals.

According to William Spriegel:

Management is defined as an important task that is concerned with the movement and control of different activities in order to attain the objectives of the management.

According to R. Kreitner,

Management is defined as an activity of the institution that is concerned with solving the
environment issues of the workers, which motivates the workers and the institutional goals are achieved.

 

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Need for Management:

1. Management improves economic and social standards. It contributes to the healthy economy of a nation by making effective utilization of its resources and bringing fair returns on investment.

2. Specialized management, i,e. management by experts, keeps abreast of fresh challenges by providing new ideas, imagination and foresight, and developing appropriate business strategies to make the enterprise more competitive in facing the complexities inherent in modernization.

3. Management makes human efforts more productive. It helps to improve equipment and plants, products, services as well as human relations.

4. Employees expect the management to contribute to their well-being and development by
keeping the social and economic requirements of workers in mind.

5. Demanding and cost-conscious customers always look to the management for quality products at reasonable costs.

6. The success or failure of a business depends on good management. It produces good business by creating a dynamic and life-giving force in the organization. Planning, organizing, actuating and controlling call for judgment and courage. Computers and robots are no answer for a firmly entreriched and indispensable managerial class.

7. The government looks at organizations with good management to run its business in a lawful way and act as partners in achieving its goal of an egalitarian society.

Scope of Management

Management as a process is concerned with directing the efforts of human activities at all levels of all types of establishments, whether they are profit-making or service-rendering organizations, whether big or small, or whether they are government-owned or private. Its scope includes almost all aspects of business operations

Concept about Management | CHAPTER 1 | Leadership And Management

 

Functional Areas

1. Financial: It includes financial planning and forecasting, cost control, management accounting, techniques of marginal costing, budgeting, statistical methods and management of earnings.

2. Production: It includes production planning and control, and quality control.

3. Materials: It includes procurement of materials, their transport and proper storage, issue of materials, control on the use of materials, etc.

4. Personnel: It includes recruitment, selection, training and development of employees, etc.

5. Marketing: It includes assessment of the potential demand and market forces, appointment
of agents, distributors, modes of advertising, promotion policies, etc.

6. Research and Development (R&D): Innovations and experimentations are the essential aspects of this area.

Scope of Management

ManagementFunctionalInterdisciplinary
Planning

Organizing

Starting

Directing

Coordinating

Controlling

Financial

Production

Material

Personnel

Marketing

Research and development

Commerce

Economic

Sociology

Psychology

Math’s

 

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