Management is the process of coordinating and administering tasks to achieve a goal. It involves organizing and directing workflow, operations, and employees to meet company goals. Management is a universal phenomenon that is used in all types of organizations, including businesses, governments, and non-profit organizations. The primary goal of management is to create an environment that allows employees to work efficiently and productively.
Some key features of management include:
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Planning: Creating goals and objectives, developing strategies to increase performance, productivity, and efficiency, and ensuring compliance with company policies and industry regulations.
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Organizing: Establishing a solid organizational structure that serves as a guide for workers and establishes the tone and focus of their work.
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Directing: Coordinating the efforts of employees or volunteers to accomplish organizational objectives through the application of available resources, such as financial, natural, technological, allocated authority, and human resources.
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Controlling: Monitoring budgets, productivity levels, and performance, resolving customer problems, and training staff.
Management is an art of getting things done through and with people in formally organized groups. It is a purposive activity that directs group efforts towards the attainment of certain pre-determined goals. The term "management" may also refer to the collective body of those who manage or direct an enterprise.