Management teams work to use resources effectively in order to provide the highest possible performance. The management process by which we pursue goals includes planning, organization, leadership and control. These are “the way in which a manager pursues organizational goals” and are universally known as the four functions of management. They come from the work of a French mining administrator, Henri Fayol, who for the first time identified management as a practice that could be improved through the use of five functions: planning, organizing, commanding, coordinating and controlling.
Since he published his work in 1916, we have decided that guiding people through motivation and encouragement works much better than telling them what to do (for example, we use the term leadership instead of these practices). Chapter 2, on the history of management, will provide some ideas about this change. However, it gave us a starting point. In this reference, it can be said that a balanced objective must be established, if the objective of obtaining the maximum benefit has been set in harmony with the total satisfaction of the employees.
The top management of successful companies defines the company's objectives so that management knows what the company represents and the goals it has to achieve. Positive image of the company: this is an important objective of management, which seeks to develop a positive corporate image that helps to gain loyalty and good will in the market and society. Achieve maximum results with minimum effort: the general objective of every administration is to ensure maximum results with minimum effort and resources. Developing or setting corporate objectives seems simple, but in practice it is a very difficult task.
For example, if top management states in its corporate objectives that, whenever possible, the deliveries of the items must be made on the stipulated dates and that, in general, no extension of the dates will be granted, the production planning and control department, in that case, will have to study each order in detail and set a delivery schedule only after a very careful study of the various factors involved. The management of an organization is primarily responsible for setting objectives and directing its workforce to achieve them. Iv) Discipline and morals: Management maintains discipline and increases employee morale by giving them authority, responsibility, delegation of authority, etc. Doing so is usually a balancing act, since a given team will only have a limited reserve of workers, funds and other resources available to achieve its objectives.
The basic objective of management should be to ensure maximum results with minimum effort through the efficient use of resources. When determining individual objectives, care must be taken that there is no conflict between organizational and individual objectives. Setting targets for various factors of production will help them improve their performance. Based on the framework of corporate objectives, departmental policy manuals are developed that also define and clarify departmental functions to help achieve the company's corporate objectives.
It should take into account the objective of obtaining benefits from a company by performing various functions. Management is a universal continuous process by which all the resources (human and non-human) of the organization are used to achieve certain objectives, which are the following:. The system will be designed and controlled to ensure the reliability necessary for this objective to be met.