ROLE & IMPORTANCE OF MANAGEMENT

IMPORTANCE OF MANAGEMENT:

Managers influence all the phases of modern organizations. Sales Managers maintain a sales force that markets goods. Personnel managers provide organizations with a competent and productive workforce. Plant managers run manufacturing operations that produce the clothes we wear, the food we eat, and the automobiles we drive.

Our society could never exist as we know it today nor improve without a steady stream of managers to guide its organizations. The well known management author Peter Drucker highlighted this point when he said that Effective Management is probably the main resource of developed countries and the most needed resource of developing ones.

In short, all societies, whether developed or developing, need a huge lot of good managers.

THE ROLE OF MANAGEMENT:

Essentially, the role of managers is to guide the organizations toward goal accomplishment. All organizations exist for certain purposes or goals,and managers are responsible for combining and using organizational resources to ensure that their organizations achieve their purposes.

The role of the Management is to move an organization towards its purposes or goals by assigning activities that organization members perform.

If Management ensures that all the activities are designed effectively, the production of each individual worker will contribute to the attainment of the organizational goals.

Management strives to encourage individual activity that will lead to reaching organizational goals and to discourage individual activity that will hinder the accomplishment of the organization objectives. 

There is no idea more important than managing the fulfillment of the organizational goals and objectives. The meaning of the Management is given by its goals and objectives.

All managers, must have a single minded focus on the fulfillment of the organizational goals.

 

MANAGEMENT INNOVATIONS

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72 thoughts on “ROLE & IMPORTANCE OF MANAGEMENT

    1. Forecasting is the process of predicting future events which can affect the functioning and decisions of an enterprise . It can be economic forecast , technological forecast or sales forecastand etc .
      Planning is concerned with the future course of actions of an enterprise which is highly uncertain and decisions regarding these actions has been taken with the help of forecasting .So can say forecasting is the pre-requisite to planning and is the integral part of planning process .

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  1. Thanks for every other informative site. The place else may I get that type of info written in such a perfect approach?
    I have a project that I’m just now operating on, and I have been on the look out for such information.

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  2. is there any different between the roles mangers play and management role. I mean the 3 major roles of Interpersonal, Informational, an Dicisional roles. Pls I need urgent response.

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  3. honesty I most really appreciate your help , thank u so much. I really advice management student to visit this website its helpful

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  4. I have find this site more relevant and more so useful in dissecting management related questions. Perfect and precise illustration are worth to mention

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  5. These have so much information that I could learn and apply to my management improvement.
    Does management have a role as to communication rude staff who doesn’t understand why?

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  6. Reading this was very useful to me because I never really looked at a managers job the way I will look at it now. Without managers to help run an organization it will not perform or produce correctly. Thank you for writing this, very informative.

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  7. I appreciate this piece. It is very important to know the different roles managers play ensuring company objectives.

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  8. This is very insightful information, and true to form, I was a manager and the work sometimes is challenging but the workers so funny it makes your day and the management world not so stressful at times

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  9. 1) Organsations Employ Various Resources (Finance, Raw material, People plant and equipment) in order to archieve objectives. Discuss the Role Of management in Any Organization and assess the relative importance of management as a resource?

    2) Explain the Role of classic management theorist towards the evolution of universal management principals.

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