Article Side

Online Article Directory!

Hello Guest! Login or Register to submit articles!

Role of Management in the success of a business

By Annphilip Subscribe to RSS | February 1st 2012 | Views:

An efficient management can run an organization in a well-organized way. Management blends together the 6 Ms, that is men, machine, money, materials, methods and markets to give a final result. The main job of the management is to motivate people and co-ordinate all the work to achieve a company’s objectives. They will concentrate mainly on increasing the productivity, maximizing the profit and expanding the business. So the success of a company is on the shoulders of a management.

What are the main roles of a manager in an organization? Planning is the major step to achieve the objectives of a business. As a key function in the management, planning occupies the first position in the management process. Just like an individual plan for vacation trips, management prepares work plans to run their business. A business plan generally includes details like production plan, sales plan, marketing plan and future plan. Each level of management will contribute to planning function. In short business planning can be said as a process of foreseeing desired objectives and problems and finding solution for them.

Next to planning is organizing process. In this process, the management will allocate tasks according to employee’s skills. The organizing function gives the organization a proper structure. This will help to avoid conflicts and helps in the smooth running of the business. A good organizing effort helps managers to utilize resources in a better way.

After recruiting people for each position according to their skills and experience, then comes the directing function. Directing is said to be the heart of the management process. If employees won’t get proper direction, then the work will remain pending. So, direction can be defined as providing guidance to workers in doing their work. Some philosophers call direction as “Life spark of an enterprise”. To give more explanation to it, we can say directing as a function that guides, inspires, oversees and instruct people to accomplish organizational goals.

Last but the continuous process in a management is the controlling and the coordinating function. Managerial planning results in the framing of the objectives and goals. To achieve these goals, a proper organizational structure is designed. Then people assigned to various tasks and directed to perform their respective jobs. The whole performance of the organization is assessed from time to time to ensure that what is achieved is in conformity with the plans and targets. This is where the controlling function gives its contribution. An organization works properly when planning and controlling functions go hand in hand. The controlling function checks the current performance with predetermined standards contained in the plans and this will ensure the progress and satisfactory performance of an organization.

So an organization’s performance directly depends on a strong management. We can say management is dynamic in nature. It should be creative and innovative. The survival of an organization depends on the plans and actions taken by its management, so it should be always dynamic. To bring new and creative ideas in business, a management person should keep his ears and eyes open to all new things. This can be possible by watching creative and innovative programs and documentaries on digital television powered by AT&T U-verse Cable, reading books and attending innovative workshops.

Moreover a manger should have some extra abilities like technical expertise, analytical intelligence, and operational intelligence, other than ‘out of box ‘thinking. A combination of all these qualities can help a manger to continuously bring creative ideas, new products, improved features for new products, different marketing strategies and new business expansion plans.

Annphilip - About Author:
As a freelance writer, Ann is interested in writing about management and the different levels in it. She is also interested in watching talk shows in her home television connected to AT&T U-verse Cable.

Share on Facebook Tweet It Stumbleupon this post This post is delicious !

Article Source:

Related Business Articles Subscribe to RSS

Financial management of a small business
Published by Adam Walker on April 11th 2012 | Business
Small business owners tend to many times think that it is best to do all the work by themselves. Tha...
Contractor Expenses – effective cost management
Published by Crowin Smith on April 3rd 2012 | Business
Managing a business is a hard task when the world economy is not creating the right condition that f...
Versatile restaurant management systems available online
Published by Vem Call on May 24th 2012 | Business
In today's competitive hospitality market, meeting a customer's expectations is imperative in order ...
Why is management training so important
Published by Julia Roger on March 22nd 2012 | Business
Dancing Lion are leading providers of Management Training, Call and Contact Centre Training and Cust...
Off-site records management is always a more secure option
Published by Nancy Deholla on January 13th 2012 | Business
Document and records management provided by an external source is the most secure option for busines...
The Importance of Letting agents and Residential property management Dublin
Published by Leslie Hoffman on January 14th 2012 | Business
Hiring experienced letting agents and residential property management Dublin is extremely important ...
Know how of digital marketing agency.
Published by Robert King on January 21st 2012 | Business
Digital marketing processes are considerably cheaper and faster than conventional marketing. For the...
Best digital hearing aid in UK
Published by Ankit Pandey on December 6th 2011 | Business
Find the perfect help and advise from the experts of digital hearing aids top support those with pro...
Supply chain management is incomplete without pick and pack services
Published by Diego Hall on December 15th 2011 | Business
Pick and pack services are integral parts of a business. These services are so crucial that they can...
Strata management solution and benefits
Published by Chris Whelan on February 29th 2012 | Business
Previously people didn’t face such difficulties during dividing their property or acquiring their ...
Cable and wire management
Published by Abhishek Gupta on July 17th 2012 | Business
Find an incredible selection of wire connecters terminals, wire terminal connectors, insulated wire ...
Outsourcing Payroll management services for small business in Delhi NCR
Published by Webin Lee on March 6th 2012 | Business
It is cheap to outsource the Accounting and Payroll services from the payroll management company rat...
A win-win situation for both an organisation as well as debt management companies by hiring a debt collector agency.
Published by Gabi William on March 27th 2012 | Business
We do all the hard work for you and approach each case very seriously - no matter what the size....
Financial management of a festival production
Published by Adam Walker on April 11th 2012 | Business
Summer is coming up in Europe and the festival season is opening. This summer hundred thousands of p...
Everything’s going digital, so is smoking with ‘Electronic Cigarettes’
Published by Chris Adam on February 7th 2012 | Business
Electronic cigarettes are widely used in USA. They can be bought from a retail shop, but the best wa...
Efficient ship management - the biggest need of shipping business
Published by Saurabh Pandey on December 3rd 2011 | Business
If you are the owner of a ship then you might be looking for someone who can manage it so that you g...
Zodiac Solutions Inc- Making effective management your criteria for growth
Published by Rahul on July 24th 2012 | Business
To help your organization’s success stay constant even in the times of economic slowdown, there ar...
Claim management firms find 12 million pound PPI payout
Published by Sam Hopkins on February 14th 2012 | Business
About 12 million pound payable to the customers beneath the protection net for those who have been p...
Mistakes to avoid while choosing property management North Shore companies
Published by Jack on August 15th 2012 | Business
Choosing the best property management North Shore company is not an easy task. Learning more about t...
Tips to choose and install a new digital antena
Published by Canberra Marketing on December 3rd 2011 | Business
With the advent of digital TV many people are moving away from their analogue antenna to a digital T...