Management

Management is the
process of planning, prioritizing, and organizing work efforts to accomplish
objectives within a business organization. It encompasses a wide range of business
administration activities, including directing, coordinating, and controlling
the actions of employees. Over the years, management has evolved into a
specialized field that focuses on the strategic planning and leadership of
organizations. This often involves the selection, development, and training of
personnel to ensure that the organization is able to meet its goals and meet
the needs of its customers and stakeholders.

A business process
management is a manner in which he or she goes
about accomplishing company objectives. Some managers are directive—they take
the lead in directing, coordinating, and controlling the actions of their
employees. Others are laissez-faire—they prefer to let their employees
accomplish as much as they can without interfering. Some managers are both
directive and laissez-faire, using a combination of approaches to best suit the
situation and the individuals involved.

The management style
of an organization is determined by its vision of doing business. Some
management styles are more effective than others, and the goal of management is
to identify the style that will yield the greatest results for the least amount
of effort. The most effective management style is one that aligns the interests
of everyone in the organization, generates the greatest amount of high-quality
output, and promotes the greatest amount of employee satisfaction. There could be a mix of external or internal factors that heavily influence the company’s
practices, but it isn’t the only factor to consider when determining the best
management style for an organization.

The most common styles
are analytical, authoritarian, participative, and consultative. Other styles
include visionary, conventional, organic, and chaotic. Each style has its own
strengths and weaknesses, which shape the way managers interact with employees
and impact the organization as a whole. 

Factor Associated with Management
style.

The primary factors
that shape the management style of an organization are the management approach
used by the managers and the management philosophy of the managers’
organization. The management approach is the style of management used by the
managers, and the management philosophy is the underlying set of beliefs about
the nature of management that underpins the approach used by the managers. Both
of these factors influence the management style of an organization. Some organizations
are governed by a set of beliefs about the nature of management that is
centered on a particular style of management (such as participative or
conventional), while other organizations are governed by a philosophy that
emphasizes a particular style of management (such as analytical or
authoritarian).

The internal factors
that determine the management style, used by an organization in conducting
Business include the management approach used by the managers and the
management philosophy of the organization. The management approach is the style
of management used by the managers, and the management philosophy is the
underlying set of beliefs about the nature of management that underpins the
approach used by the managers. Both of these factors influence the management
style of an organization. Some organizations are governed by a set of beliefs
about the nature of management that is centered on a particular style of
management (such as participative or conventional), while other organizations
are governed by a philosophy that emphasizes a particular style of management
(such as analytical or authoritarian).

The internal factors
that determine the management style used by an organization include the
management approach used by the managers and the management philosophy of the
managers’ organization. The management approach is the style of management used
by the managers, and the management philosophy is the underlying set of beliefs
about the nature of management that underpins the approach used by the
managers. Both of these factors influence the management style of an
organization. Some organizations are governed by a set of beliefs about the
nature of management that is centered on a particular style of management (such
as participative or conventional), while other organizations are governed by a
philosophy that emphasizes a particular style of management (such as analytical
or authoritarian).’

A critical element to
being effective is to understand your business’ organizational culture. In
order to be effective, a manager’s style and outlook must fit into the
business’s organizational culture. By understanding your organizational
culture, you can better adapt to it, which in turn produces more optimal
results. A culture that is offensive, insulting, non-inclusive, or negative is going
to affect how people behave, work, and interact with each other, particularly
around those sensitive issues.

To determine an
organization’s organizational culture, managers must first understand the basic
structure of the organization as a whole and how it is organized into
departments, units, and subunits. A manager must also have an understanding of
how basic Management style the organization has and should be
maintained, as well as how the organization’s culture is communicated and
reinforced throughout the entire organization. The fundamental organizational
processes are the ways by which decisions are made and how they are
implemented.

Hierarchical
management structures call for decisions to be made solely by upper management,
and within the scope of a manager’s position in the hierarchy. These types of
organizations require more controlling management styles in order to meet
objectives and get things done as specified. Flatter structures with more
decentralized decision-making benefit from management styles that encourage
team communication and employee contribution with regard to decision-making.

Types of Management Skills

The management of an
entire enterprise, like the management of a small business or a single
department, requires a different set of skills from the management of a single
product or service. Managing an enterprise involves a host of responsibilities,
including setting organizational objectives, developing and implementing
policies and procedures, devising a budget, and monitoring and evaluating
organizational performance.

Management skills can
be defined as certain qualities or abilities that an executive should possess
in order to achieve specific tasks in an organization. They include the
capacity to perform executive duties in a business while avoiding crisis
situations and punctually solving problems when they occur. The skills help the
manager to relate with their fellow co-workers and know how to deal well with
their subordinates, which allows for the easy flow of activities in the
organization.

Good managers are also
good leaders as they are able to motivate their juniors, communicate
effectively with other department heads, and transfer tasks and
responsibilities to team members when required. Their management style allows
them to plan and forestall future needs of the organization, solve problems
that may arise, and bring about expressive change in the organization, all
while keeping calm under pressure. ‘

Rendering to American
social and organizational psychologist Robert Katz, the three basic types of
management skills include:

• Technical Skills.

Technical skills
involve skills that give the managers the ability and the knowledge to use a
variety of techniques to achieve their objectives. These skills not only
involve operating machines and software, production tools, and pieces of
equipment but also the skills needed to boost sales, design different types of
products and services, and market the services and the products.

Technical skills are
usually associated with the abilities of specialized personnel with advanced
programming skills. The impact of technical skills on organizational and business
performance depends on the circumstances and on the skill of the manager but is
said to be critical in the competitiveness of a firm.

In a nutshell,
technical skills are the ability to use technology to achieve goals, and they
require a group of people who can use technology to accomplish their goals and
who can work together to achieve them. Technical skills are different from
management technical skills. Management technical skills give the manager the
ability to achieve organizational goals in a particular area. For example, if
the manager can manage the organization’s finances, he or she may be a
management technical skill, but if the manager can’t do that, he or she is
probably a technical skill.

• Conceptual Skills

These involve the
skills managers present in terms of the knowledge and ability for abstract
thinking and formulating ideas. The manager is able to see an entire concept,
analyze and diagnose a problem, and find creative solutions.

The ability to think
abstractly is critical for business success and proper management. It requires
the ability to synthesize several pieces of information and design new
thoughts, while at the same time keeping the bigger picture in mind. In
business, this ability is essential for anticipating problems, identifying
opportunities, and solving problems.

Managers of the
marketing mix are skilled at trying to understand the logic behind the
marketing mix, which is the route that leads to a sale. They are also skilled
at judging what makes a great product and then designing that product with
those criteria in mind.

This helps the manager
to effectively predict hurdles their department or the business as a whole may
face.

• Human or
  Interpersonal Skills

Human or interpersonal skills are the skills that present the managers’ ability to
interact, work or relate effectively with people. These skills enable the
managers to make use of human potential in the company and motivate the
employees for better results.

Human or interpersonal skills are the skills that present the managers’ ability to
interact, work or relate effectively with people. These management skills
enable the managers to make use of human potential in the company and motivate
the employees for better results. The ability to communicate effectively with
people is critical for managers. It enables the managers to create a positive
working environment and to build a team spirit where employees are motivated to
achieve the organization’s objectives.

Human or interpersonal management skills are the skills that present the managers’
ability to interact, work or relate effectively with people. These skills
enable the managers to make use of human potential in the company and motivate
the employees for better results. The ability to communicate with people in a
way that makes them feel valued is a critical skill for managers. This not only
involves the ability to listen, understand, and respond to the needs of the
people but also the ability to motivate them.

 

Examples of
Management Skills

Technical skills:
planning, budgeting, managing finances, and other IT-related skills Management
skills: planning, directing, motivating, and other leadership skills, possessing
the ability to deal with people, and other people skills, possessing the
ability to work with people, and other people skills, possessing the ability to
communicate with people, and other people skills, possessing the ability to
think abstractly, and other people skills, possessing the ability to understand
and analyze the logic behind the marketing mix, and other people skills,
possessing the ability to judge what makes a great product, and other people
skills, possessing the ability to analyze data, and other people skills,
possessing the ability to design new thoughts, and other people skills,
possessing the ability to keep the bigger picture. Management is the key to
unlocking your business.