PRINCIPLES AND PRACTICE OF MANAGEMENT

Management is essential to any organization that wishes to be efficient and achieve its aims. Without someone in a position of authority there would be organizational anarchy with no structure and very little, if any focus. It has been said that management has four basic functions, planning, organizing, leading and controlling. Common sense dictates that without these principles of management being in place an organization would have trouble achieving its aims, or even coming up with aims in the first place. Hence, the Management is the act of getting people together to accomplish desired goals and objectives using available resources efficiently and effectively. Since organizations can be viewed as systems, management can also be defined as human action, including design, to facilitate the production of useful outcomes from a system. This view opens the opportunity to manage oneself, a pre-requisite to attempting to manage others.

Management teaches you to understand how people behave in organisations, and the nature of power, influence and leadership. Whether you aim to be self-employed, an entrepreneur, head your own company; or to work for private business, not-for-profit organisations or government agencies – Management gives you the tools for success. Explore the issues facing individuals and organisations in the workplace today. Hence, there are many reasons to study Management. The present text book comprehensively covers the nuances of Principles and Practice of Management.