Importance of Coordination Coordination is the essence of management – it is as important as management is important for organizational success. It ensures that all the working factors of the company work in the same direction in order to achieve goals effectively. Following are some of the importance of coordination in management or organization you…
All the departments of an institution are interlinked and interdependent. Suppose you formulated a plan and assign duties to your different department’s managers (say – marketing, production, sales, finance) but the fact is they conflict with each other. They do not want to work with each other. And, after some time you get the result…
Issues and Challenges in Management Management has been considered a fundamental factor that brings organizational success but the fact is it is not far from different emerging challenges. Fighting upcoming challenges is an inevitable part of today’s managers. They have to go through several challenges and issues that can be caused by internal as well…
Types of Managers in Organization Broadly types of managers differ from organization to organization. They can be categorized on the basis of levels of management, functional area, and nature of the managerial jobs. Different managers are appointed to the organization based on their area to work and the skills they hold. In management, managers’ types…
What is a Manager? A manager is a professional who manages organizational resources so as to make the achievement of predetermined goals and objectives of the company as effective and efficient as possible. They make plans, and policies, manage people, and implement the plans. Managers’ main task is to make possible the realization of desired…
What are Managerial Roles? Managerial roles or management roles refer to the tasks, duties, or responsibilities to be performed by managers at different levels in the workplace. These roles define what managers need to do in the organization as being the managers. What roles a manager has to do and what does not depends upon…
Management Skills (Managerial Skills) Management skills or managerial skills refer to managers’ ability to do a given task effectively. A manager should have the necessary skills to effectively manage resources and execute the necessary tasks. When a manager has good skills he might perform better even above expectation but when he does not have the…
What are the Hierarchy/Levels of Management? The management hierarchy or levels of management refers to the arrangement of managerial positions in the organization. This practice is brought to divide authority and responsibility among different levels. Managing different levels is essential to systematically running organizational operations. These managerial levels are based on their positions enjoying authority,…
What are the Functions of Management? Management has been considered an integral part of achieving organizational desired goals and objectives. The functions of management consist of setting plans about what & how to achieve and concentrating on managing, directing, and controlling all organizational components so as to make the achievement of predetermined organizational goals as…