Why is Management Considered to be an Art

The management team encourages and supports employees in achieving their own goals while working toward the organization’s objectives. Management also provides them with the necessary leadership and incentives to do so. Management is required for a well-established life and is essential for the successful management of all forms of business. A company’s ability to survive and thrive is determined by its management. Managing one’s life entails getting everything done to achieve one’s goals, and managing an establishment entails getting everything done with and by other people to achieve the organization’s aims.

Nature and Significance of Management:

In an organisation, management is a process in which numerous actions and duties are carried out to fulfil the various aims and objectives of the organisation most effectively and efficiently.

“Management,” according to Robert L. Trewelly and M. Gene Newport, “is the process of planning, organising, actuating, and controlling an organization’s operations to achieve coordination of the human and material resources necessary in the effective and efficient attainment of organisational objectives.”

The term “process” relates to the execution of several management responsibilities, including planning, organising, staffing, leading, and controlling.

Effectiveness is defined as the ability to complete the assigned task within the specified time frame. It is concerned with the end outcome. While efficiency refers to accomplishing the task with as few resources as feasible, effectiveness refers to the ability to obtain more benefits from the resources that have been allocated. Both efficacy and efficiency are equally significant in the context of an organisation.

While effectiveness refers to the actual achievement of goals, efficiency refers to the reduction in costs associated with those goals.

However, to fulfil one goal, the organisation must frequently make trade-offs with another goal. It is possible that to achieve effectiveness, a certain amount of efficiency must be sacrificed, and vice versa.

Characteristics of Management:

1. Management is a goal-oriented process in which the ultimate goal of the organisation is always sought to be achieved. Consider the following scenario: If a company’s goal is to sell 100 flats in a month, the corporation will devise a plan, encourage its staff, and organise its resources to achieve that goal.

2.Organizations of all sizes, shapes, and qualities, as well as those in different geographical locations, undertake diverse managerial functions. To put it another way, any organisation requires management. For example, a corporation must be handled in the same way that a non-profit organisation is managed. Similar to this, an organisation in India must be handled in the same way that an organisation in Japan is managed. The main distinction between the two is how management is carried out by the two organisations.

3. Three-fold process: Management is described as a continuous process in the sense that managers carry out several different responsibilities at the same time. On the other hand, it is possible that at a given point in time, one function is given greater importance than the other. For example, on one day, more time is devoted to planning, whereas on another day, the controlling function is given precedence over the planning function.

4) Management Dimensions: What Do They Mean?

Management is viewed as multi-faceted since it encompasses a wide range of dimensions that add to the overall complexity of the management process. There are three major dimensions of management:

Organizations are created to execute a specific function, which is called work management. Management contributes to the translation of this work in terms of the objectives and goals that must be met. It also specifies the methods by which they are to be attained. Managing people: It is the people who work in an organisation that is responsible for achieving the goals and objectives that have been established by the organisation. The ability to manage others, as a result, is a crucial aspect of management. Operations management involves overseeing the production process, which is the process through which inputs are transformed into the intended product or service. It is the responsibility of management to guarantee that production processes are carried out smoothly.

5) Management is a collective activity in that it brings together individuals to work toward the attainment of a common organisational goal.

6. Dynamic: Management is dynamic in the sense that it must constantly adjust to remain competitive in the corporate environment. As the economic, social, and political environments shift, the aims and objectives of the organisation must shift along with them to remain relevant and effective.

7. intangible: Although management cannot be seen, its influence may be felt. Proper coordination in the workplace, happy and contented personnel and the achievement of targets/goals are all indicators of successful management, and they can be felt.

Conclusion:

From the following article, we can conclude that Organizational management refers to the art of getting things done in the most efficient way possible, as a social process that involves others and is guided by a cooperative group moving toward a common goal. A shared objective. It’s management when all resources are put to use to attain the same goal. Managers are responsible for planning, organising, forecasting, coordinating and leading the work of others to accomplish certain goals.