Importance of Management

Importance management

* In order for an organization to thrive, it not only needs managers, but good managers. Managers help staff to become the best they can be through development opportunities, work to match the right people with the right skills to the right jobs, they work to hire and retain the best staff and to weed out the staff who do not fit into an organization's best interests.

* Managers are very important for organizations because a manager plays very significant role in planning and making decisions of the company. Managers control and monitor the employees and in the current era managers also facilitate the work of the employees. Managers are also responsible for the allocation of the resources available to the organization like allocation of the work force, financial resources and material resources etc. Managers also set the short term goals of the company and they also facilitate the top executive committee in making long term decisions about the company. For ensuring that employee are moving in the right directions for attaining goals, managers keep checking their work. Hence, managers play a very important role in the organizations.

Manager

Definition: A Manager is the person responsible for planning and directing the work of a group of individuals, monitoring their work, and taking corrective action when necessary. For many people, this is their first step into a management career.

Managers may direct workers directly or they may direct several supervisors who direct the workers. The manager must be familiar with the work of all the groups he/she supervises, but does not need to be the best in any or all of the areas. It is more important for the manager to know how to manage the workers than to know how to do their work well.

A manager may have the power to hire or fire employees or to promote them. In larger companies, a manager may only recommends such action to the next level of management. The manager has the authority to change the work assignments of team members.

Work

A manager's title reflects what he/she is responsible for. An Accounting Manager supervises the Accounting function. An Operations Manager is responsible for the operations of the company. The Manager of Design Engineering supervises engineers and support staff engaged in design of a product or service. A Night Manager is responsible for the activities that take place at night. There are many management functions in business and, therefore, many manager titles. Regardless of title, the manager is responsible for planning, directing, monitoring and controlling the people and their work.

Management Functioncs

The functions of management uniquely describe managers' jobs. The most commonly cited functions of management are planning, organizing, leading, and