Management is the process of designing and
maintaining an environment in which individuals
working together in efficiently and effectively
accomplish selected goals.
Effectiveness Efficiency
“Effectiveness means “Efficiency means
doing the right thing”. It doing things right”. It
means taking correct means ensuring
decisions and actions optimum utilization of
in every situation to reduce cost.
achieve the targets.
,Management aims at achieving certain specified
objectives (goals) of the enterprise.
Management activities are universally applicable
in all types of organizations.
Management has three main dimensions:
1. Management of work:
All organizations exist for the performance
of some work. Management translates this
work in terms of goals to be achieved and
assigns the means to achieve it.
2. Management of people:
, Managing human resources as individuals
and group.
3. Management of operations:
Management is also focusing in the
production process by which the inputs are
transformed into output with the help of
technology.
It is a continuous process which involves
planning, organizing, staffing, directing and
controlling.
Management cannot exist independent of the
group or organization it manages. Goals and
objectives of an organization can be effectively
attained by a group rather than by individual.
maintaining an environment in which individuals
working together in efficiently and effectively
accomplish selected goals.
Effectiveness Efficiency
“Effectiveness means “Efficiency means
doing the right thing”. It doing things right”. It
means taking correct means ensuring
decisions and actions optimum utilization of
in every situation to reduce cost.
achieve the targets.
,Management aims at achieving certain specified
objectives (goals) of the enterprise.
Management activities are universally applicable
in all types of organizations.
Management has three main dimensions:
1. Management of work:
All organizations exist for the performance
of some work. Management translates this
work in terms of goals to be achieved and
assigns the means to achieve it.
2. Management of people:
, Managing human resources as individuals
and group.
3. Management of operations:
Management is also focusing in the
production process by which the inputs are
transformed into output with the help of
technology.
It is a continuous process which involves
planning, organizing, staffing, directing and
controlling.
Management cannot exist independent of the
group or organization it manages. Goals and
objectives of an organization can be effectively
attained by a group rather than by individual.
