FEATURES OF MANAGEMENT
FEATURES OF MANAGEMENT ARE:-
Management is a group activity because it comes into existence only in a group which has two types of people:
Those who manage (known as managers)
Those who are managed (known as operatives)
Because of group activity peoples are placed in superior-subordinate relationships. A superior directs his subordinates to achieve group’s objectives while subordinates perform those activities or tasks.
MANAGEMENT IS GOAL-ORIENTED PROCESS:-
Management is a goal-oriented process. A goal is an end result or a set of end results which is to be achieved by management process.
For example, business organisations adopt management processes to produce desirable products, to earn profit, and to discharge social responsibility also.
MANAGEMENT IS CONTINUOUS PROCESS:
Management is a continuous process. And in any continuous process there is no apparent beginning or end of a particular activity.
Elements of management(also known as management functions)- planning, organising, staffing, directing, and controlling- can be separated from each other but a manager may performs all these functions in a single day but not necessarily in sequence presented above.
The management may starts from any function because of its continuity.
Management is a dynamic process. A dynamic process is one in which changes are incorporated according to requirements.
While a static process doesn’t need any change; once it is set it goes on working.
Since management is a dynamic process so management have to make changes in their functions based on environment changes.
These changes even require reversing old decisions.
Management is universal. This feature of management has two implications.
First, management is relevant in all types of organisations: business or non-business, public or private, small or large.
Second, management is relevant throughout the world: USA, Russia, India, etc.
However, management practices may differ from country to country because of differences in their cultures.
Management works as an integrative force. An integrating force is one that keeps various related elements together and in proper form just like cement keeps various building materials like bricks, sand, etc. together as a building.
In an organisation, management integrates various resources- human, physical, and financial- to achieve organisational objectives.
Management is an intangible force which can’t be touched or seen but can be inferred by the way in which an organisation works.
The quality of management as an intangible force is perceived by analysing how the organisation is achieving its objectives.