Management is a universal phenomenon. It is a very popular and widely used term. All organizations – business, political, cultural, or social are involved in management because it is the management that helps and directs the various efforts towards a definite purpose. “Management is an art of getting things done through and with the people in formally organized groups. It is an art of creating an environment in which people can perform and individuals and can co-operate towards attainment of group goals”.
Importance of Management
It helps in Achieving Group Goals – It arranges the factors of production, assembles and organizes the resources, integrates the resources in an effective manner to achieve goals. It directs group efforts towards the achievement of pre-determined goals. By defining the objective of the organization clearly, there would be no wastage of time, money and effort. Management converts disorganized resources of men, machines, money, etc. into useful enterprise. These resources are coordinated, directed and controlled in such a manner that enterprises work towards the attainment of goals.
Optimum Utilization of Resources – Management utilizes all the physical & human resources productively. This leads to efficacy in management. Management provides maximum utilization of scarce resources by selecting its best possible alternate use in industry from out of various uses. It makes use of experts, professional and these services lead to the use of their skills, knowledge, and proper utilization and avoids wastage. If employees and machines are producing their maximum there is no under the employment of any resources.
Reduces Costs – It gets maximum results through minimum input by proper planning and by using minimum input & getting maximum output. Management uses physical, human and financial resources in such a manner that results in the best combination. This helps in cost reduction.
Establishes Sound Organization – No overlapping of efforts (smooth and coordinated functions). Establishing sound organizational structure is one of the objectives of management that is in tune with the objective of the organization and for the fulfillment of this, it establishes effective authority & responsibility relationships i.e. who is accountable to whom, who can give instructions to whom, who are superiors & who are subordinates. Management fills up various positions with the right persons, having the right skills, training and qualification. All jobs should be cleared for everyone.
Establishes Equilibrium – It enables the organization to survive in changing environment. It keeps in touch with the changing environment. With the change in the external environment, the initial coordination of the organization must be changed. So it adapts organizations to changing demand of the market/changing needs of societies. It is responsible for the growth and survival of the organization.
Taking Your Business to The Next Level
Kalsun registered innovation in all levels of business to maintain the standard towards globalization. In Spite of the uncertain situation, we continuously moved on with an experience to handle the odds. In addition, Kalsun plans & organizes to provide the best source of support in all means in communication, technological upgrade, cashflows, workflows, supply chain management, problem-solving & risk management with the professional’s under all levels towards advancements.
In order to meet in today’s global economy, Kalsun faces a range of moral challenges. Focus out and approach with innovation inbuilt experience and the right team – With ability and courage to solve the problem ensures good service and security, providing adequate tangible proof of quality. A step toward making up with new innovation, way forward with the motto to enhance clients to reach enterprise business globally.
“I can’t believe it took us this long to make a change. So happy that we did. Numbers don’t lie.”
John Doe, Divi CEO