What Is Management According To Experts, Benefits, Goals, & Principles

Before we get into the meaning of management, it’s good to know the meaning of the word management itself. It is explained that the word management means the effective use of resources to achieve goals. Then manegement also means the leader who is responsible for the running of the company and organization.

Definition of Management

Quoted from the dictionary.cambridge.org page, another term for management is management, regulation, control, or control. It can also be interpreted that management is the people who are responsible for the business organization.

We can literally define management as a way to achieve goals in an orderly and purposeful manner. Management like it or not is needed in all aspects of life. Whether it’s management for individual or group activities.

For example, in domestic life we ​​can also apply management. For example, how to manage household finances. Of course, a well-planned and clear pattern of financial posts is needed. How much money is made, and how much must be spent. In the household there must be certain goals such as housing investment, children’s school fees, health costs, travel costs, and others.

To get the right calculations, of course, we need a well-planned system. Here the role of financial management is very important to manage it. The definition of management is actually very broad, and its application can also be for various purposes. For example, it is applied to manage time so that each activity is planned and can be done properly.

We all understand that time is of the essence. The number of activities in one day often makes it difficult for us to do it. For this reason, good time management is needed, so that all types of activities can be carried out and completed. From this it can be understood if management is needed so that all goals can be achieved with a clear direction.

Understanding Management in General

Management science is undeniably very closely related to our daily lives. Without realizing it, more or less the art of management has been applied to almost all activities. A small example is when a mother is shopping at a vegetable seller. The mother must have made a note of what vegetables were purchased complete with the price. Previously, you must have made a calculation between the money you have and your expenses when shopping later.

What she did was an art of management for vegetable shopping. It looks simple, but no matter how small it can still be categorized as the application of management science. Even so, it is still necessary to first understand the meaning of management in theory so that in practice it can be done better.

Understanding management in general is a process carried out by someone in managing the activities carried out by individuals or groups. The system or management must be carried out to meet the targets to be achieved by the individual or group in a collaboration by optimizing existing resources.

Means that management can be interpreted as the ability to organize everything to achieve a goal. The ability to regulate in the realm of management is actually subconsciously we practice every day.

In a company, the management function itself is to plan, organize, and arrange human resources, move and control the resources they have efficiently and effectively. Learn more in the book Series Brief Lectures: Introduction to Management below.

Understanding Management According to Experts

Etymologically, management means the art of implementing and managing. This understanding is taken from the French word management, management . The word management can also be interpreted to control based on the word maneggiare which is taken from Italian.

According to the Encyclopedia of the Social Sciences, management is a process in which things are planned, implemented and monitored in the implementation of its objectives. Here are some definitions of management according to experts.

  • According to Eiji Ogawa , management is planning, implementing, and controlling every activity carried out by a company or organization by setting targets that are refined according to conditions.
  • Prajudi Atmosudirdjo said that management is organizing something by moving people, money, machines and tools as needed.
  • Luther Gulick also said that management is a field of science that seeks to systematically aim to understand how and why humans work together to produce something useful.

From the understanding of management taken from these experts, several important points can be drawn. That management contains elements of planning, regulation, implementation, goals to be achieved, as well as management implementers in the form of individuals or groups. It means that it is clear here that management is an art of organizing and planning something in order to achieve a goal.

After understanding the meaning of management there are several other important points that must be studied as well. Like a management function, what exactly is a management function? What is the use of implementing management in an activity? It’s a good idea to try to understand the functions and complementary points of management as follows.

Management Benefits

Because management is an art to achieve goals, it is certain that there are several stages that must be done to achieve certain targets. The following are some management functions to achieve a certain goal.

1. Planning or planning

The first function of management is planning. Management is needed for the preparation of plans and strategies when starting an activity or business. For example, when we are going to make a welcoming ceremony for the new director, we definitely need a plan. The plan here is needed so that the welcoming event from start to finish is directed and runs well.

2. Organizing

Is a function of management whose purpose is to divide tasks according to their abilities. This management function is needed to manage a group or organization. Where in the organization or company there are tasks that are distributed according to their respective positions. For example, the duties of directors, managers, staff, and members will vary according to the field. They must also be responsible for the assigned tasks.

3. Actuating or directing

Guidance is needed after tasks are divided into individuals or groups according to their respective fields. Direction is needed so that goals can be achieved properly and minimize the risk of delaying a plan. Actuating can be done by guiding, consulting related to tasks, and providing motivation.

4. Controlling or evaluation

Evaluation is a management function to assess the work that has been done. Evaluation is needed to control the progress of the planned plan. It can also be used to assess whether a strategy change is necessary or not.

Therefore, in an organization or company it is important to have this management function so that organizational goals can be achieved properly and effectively. A clearer understanding can be read by ActivelyShare.com> in the book Human Resource Management for Students and the General.

Management Goals

Understanding management in essence is a way to achieve a process with a certain plan. The main purpose of implementing a management system is to obtain maximum results with minimal cost or effort, by utilizing all supporting aspects in the form of human resources, assets, and finances that have been arranged according to the plan.

For that we need a directed competition so that the goals of management can be achieved optimally. The objectives of management can be optimal as long as control is carried out during the implementation of the plan. The objectives of management are as follows.

  • Execute and evaluate the planning strategy that has been conceptualized so that its implementation goes according to directions.
  • Conduct a review of the implementation of management functions as well as how the group works when carrying out their duties.
  • Renew the management function, especially in its implementation strategy. This is done so that the target is still achieved if there are obstacles in the implementation of the plan.
  • Reviewing organizational strengths, knowing weaknesses, also anticipating possible threats.
  • Creating a new breakthrough that serves to improve group performance. This innovation will certainly have a positive impact on the achievement of the plan according to the target.

Based on the previous few points, it can be explained that the purpose of management is to control and ensure the target can be achieved. That way, the goals that a company wants to achieve can be achieved as much as possible with as few resources as possible and this is discussed in the Performance Management book.

Management Principle

Management principles are the basics that determine the success or failure of management. Henry Fayol, an industrialist from France said that management principles should be flexible. This means that management principles must be adapted to certain conditions as well as situations that are highly likely to change. The management principles include:

Division of Work

The division of work or Division of Work must be carried out so that work activities run smoothly. The division of labor means the division of tasks in accordance with the abilities and expertise of each. This division must be done as fairly as possible without any element of likes or dislikes from management planning.

The principle of proper placement of targets will ensure that the work is carried out in a stable, smooth and efficient manner. The implementation of work depends on a good division of labor. Mixing personal judgment at the time of job placement can lead to errors in assigning assignments later.

Putting people in a certain division wrong will cause the work to not run smoothly. Because the person who is placed in the field of expertise is not in accordance with the assigned. A good management planner will really make the most of this opportunity for the division of labor. Because the first principle is the main foundation so that the other principles can work.

Authority and Responsibility

Each person assigned by the management planner will have the authority to do the work. Authority or power is followed by responsibility. The point is that there must be a balance between power and responsibility. The greater the authority given, the greater the responsibility.

Discipline

Discipline is a sense of obedience, obedience, and ownership of the work given. The authority holder must be able to instill discipline in himself so that the responsibility for the work can be carried out.

Unity of Command

When carrying out a job one must know to whom he is responsible. Must be in accordance with the authority given to him. In other words, orders from superiors from different divisions will only disrupt the division of work, authority, and employee responsibilities.

Unity of Direction

The worker or the one assigned the task must also know where he/she got the order from. It is important to know to whom later should be responsible.

Prioritizing the interests of the organization or company above their own interests

An authorized person must be able to devote his personal interests to the organization. This is a basic requirement so that the work can be carried out properly and the objectives can be achieved.

Employee payroll

Efforts should be made for employees to work quietly without thinking about salary. How can the salary given to improve the quality of work.

Centralization

Concentration of authority is needed so that accountability is not confusing.

Hierarchy

This division of labor levels is important so that it is clear who is the leader and which is the subordinate. It is also important to clarify the areas of authority.

Order

Order or order in work is very important and can be realized when there is discipline.

Justice and honesty

Fairness and honesty are closely related to employee morale, and must be exemplified by superiors.

Employee condition stability

This stability can be realized by reducing the level of pressure on employees.

Initiative

Initiative will arise from creative thinking. Appreciation of employee initiatives can improve performance.

The spirit of unity and the spirit of the corps

Each employee must have a spirit of togetherness. This can also foster enthusiasm at work.

You can also learn the various management principles above in full and more clearly through the Basics of Management book which divides the discussion of the material in it into 12 chapters with various management-related information.

Management Element

There are some of the most common elements of management that we must understand as follows.

Man

Humans are needed as implementers of planning to achieve a goal.

Money

Money plays an important role in procuring all supporting facilities as well as enriching other needs for the implementation of planning.

Material

Inventory of raw materials needed to achieve a goal

Machine

Machines are very important to increase efficiency and speed of achieving goals.

Method

The right method of implementing the plan is very important for the management process to run smoothly.

Market

Market is an important element in the management process especially for business. The market is a place to sell products as well as a place to interact with consumers.

Time

Time planning is very important, especially when used in the production and marketing process.

Management Style

Understanding the meaning of management means having to know also about management styles. What is a management style? Management style is the way of management actors in carrying out the management process which is seen from behavior patterns. Such as how to socialize, give direction to tasks, motivate.

An effective management style is a blend of three behavioral patterns. The pattern of behavior includes directing tasks to employees, making decisions that involve employees, and building relationships with employees.

Management Type

Generally there are 4 types of management science applied by companies and organizations. Here are the types of management that you should know.

HR Management

Human Resource Management functions to find superior people to carry out the planning. The best human resources are needed to run a company or organization.

This management must also be able to condition HR to work as well as possible and be able to work together with others. As one of the main functions of an organization, HR management is very important and is often likened to the heart of an organization or company which is discussed in the Human Resource Management book below.

Operational Management

Operational management functions to produce good products and in accordance with consumer needs. This management is also in charge of keeping production techniques running well.

In the real operational management process, ActivelyShare.com can learn about it in the Operational Management Practicum book which is divided into four parts. Starting from an introduction to research examples that you can use as references.

Marketing Management

This management has the function of conducting as well as observing the types of products that consumers need. In addition, it is also in charge of studying competitor products so that the company can further develop and achieve the appropriate target.

This factor is also important, because it can affect the results of a product or service made by an organization or company. Clearly, learn marketing management in the book Management and Marketing Perspectives below.

Financial management

Financial management functions to ensure that the company’s activities are truly maximized in generating income. The main function of financial management is to ensure that the capital owned can finance business activities. In addition, this management must also ensure that existing capital is used appropriately to achieve company goals.

Management Example

Based on the understanding of management, this knowledge can be applied in daily activities. So management does not always have to be related to large companies or organizations. An easy example is classroom management in elementary schools.

The class president and vice chairperson are directly elected by the students in the class. In the classroom environment, the chairman and vice chairman are called managers. They are given the authority to lead the class and must be responsible for the assigned tasks. Of course, the task is to achieve certain goals as expected by class members.

Being the chairman and vice-chairman of the class must be active and can create an atmosphere of cooperation between class members. Class managers must also be able to create a comfortable and safe atmosphere. To achieve these two goals, a plan must be made. For example by making a picket schedule to keep the class clean. In addition, there is also a picket schedule to maintain class safety.

Here it means that the class managers have done management because they have carried out a plan. The chairperson and vice chairperson have also mobilized class members to achieve a specific goal, namely a clean and safe classroom environment.

We can draw an outline of the notion of management after studying some of the supporting factors above. That management is a means of achieving goals that is supported by planning and implementation with the help of individuals and groups. The goal will be achieved if HR, both members and managers, synergize with various tools available in management.

That’s information about what management is, its meaning, benefits, goals and types of management, hopefully it will be useful. Please tell your family, friends, relatives and family if they need it. See you in posts about Economics, Management, Accounting and Business from ActivelyShare.com in the future.


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