Meaning of management
| Site: | Rwoks Institute |
| Course: | CONSTRUCTION INDUSTRY |
| Book: | Meaning of management |
| Printed by: | Guest user |
| Date: | Friday, 4 April 2025, 6:28 AM |
1. Meaning of management
An organisation, whether commercial, industrial, educational, charitable,
governmental or any other, comes into existence when a group of persons join together for
the attainment of some objective(s). Management encompasses the efforts made to achieve
stated objectives by directing human activities in the production of goods or services
herewith using land, factories, offices, materials, methods, money and/or other facilities in
the most effective manner.
There is no generally accepted definition of „management‟ as an activity, although the
classic definition is still held to be that of Henri Fayol (1841-1925).
„To manage is to forecast and plan, to organize, to command, to coordinate and
to control‟. (1916)
2. Qualities of a Good Manager
Has wider general and technical knowledge base and high intelligence level than his
subordinates.
2. Perceives clearly organizational objectives in the actual environment and arranges
them in order of merit, implements various managerial techniques to achieve the
desired objectives and installs an evaluation mechanism for the efforts and techniques
for attainment of the objectives.
3. Has quality of self-confidence, is emotionally stable and more extrovert in nature.
Should withstand criticism and not lose patience when things are not moving the way
he wants it.
4. Has a clear way of thinking and the capacity to put his ideas across and should be
quite vocal. Should be a good salesman – selling a plan if action is a vital part.
5. Is a good leader of his workgroup, possessing organizational ability and skill in
human relations as well as insight into human motivation and behaviour. He should
treat organisation success as his success.
6. Should have integrity and honesty.
7. Should be enterprising