Functions Of Management

Management exists since the existence of management of the human beings. Human worked with each other in collaboration, so working in with the feeling of co-operation started from there. They divided their work and thus started division of work which saved lot of time. Management is nothing but an act of managing something. Management (from old French management “the art of conducting, directing”, from Latin Manu agere “to lead by the hand”) characteristics the process of leading and directing all or part of an organization.

The process of getting activities completed efficiently with and through other people. The process of setting and achieving goals through the execution of five basic management functions.

• Planning

• Organizing

• Staffing

• Directing

• Controlling

Therefore, the person providing office services needs to know something about the application of the principles and practices of management to this area. The objective of this chapter is to give a brief but broad survey of management and supervision in the office.

Managing like all other practices whether medicine, music composition, engineering, accountancy, purchasing, marketing or even cricket is an art. It is know-how. It is doing things in the light of the realities of a situation. Yet managers can work better by using the organized knowledge about management. It is this knowledge that constitutes science. Thus managing as a practice is an art, the organized knowledge underlying this practice may be referred to as a science. In this context science and art are not mutually exclusive they are complimentary.

As science improves so should art as has happened in the physical and biological sciences. To be sure the science underlying managing is fairly cr...

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...iness is making profit and maximize the wealth. Objectives have to realistic and may be limited by legal, financial or other constraints that the enterprise may face.

RESPONSIBILITIES AND AUTHORITY:

Responsibility and authority are directly related to each other. The responsibility increase as the authority increases. The person who has high authority is responsible for the work.

CO-ORDINATION:

Working with co-ordination is necessary for the smooth functioning of the organization. Co-ordination is necessary when the work to be carried out is in sequence. If there is no co-ordination the work cannot be completed in the most efficient manner.

CONTINUITY:

Business has perpetual existence i.e never ending life. The organization has to work according to the changing environment and plan accordingly to exist in the highly competitive market for longer duration.