The Concept of Management

Paper Summary:

As the world moves rapidly into the 'technologically-advanced' 21st century, the rudimentary term of 'management' plays an ever-present key role in the lives of all people. This paper defines management as the process of designing and maintaining an environment in which individuals, working together in groups, efficiently accomplish selected aims. The paper shows that the nature of management is quintessentially the process, deriving from Henri Fayol's theories, of planning, organizing, leading and controlling the organisation through the use of available resources to achieve organizational goals.

From the Paper:

"The principles discussed in the planning stage enable managers to devise a framework by which job tasks are divided, grouped, and coordinated. However, the function of organising is concerned with assigning individuals with tasks or responsibilities, which combine together to form one goal. After discovering the strengths and weaknesses and defining the overall plan, the team leader must organise the resources to achieve those objectives set out previously. This aspect of organising is intertwined immensely with leading and planning, since both are vital to the success of organising the group. The team leader must be able to motivate the members to apply themselves to the tasks or responsibilities allocated during the planning stage."

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