Defining Principles of General Management with Welingkar Institute

Peter F. Drucker has defined management as an organ; that could be described and defined only through their functions". Management is simply a process of systematic way of doing things. 

The four management activities included in this process are:

• Planning: means that managers must think of their actions in advance.

• Organizing: means that managers must coordinate the human and material resources of the organization.

• Actuating: means that managers ought to motivate and direct subordinates in an organization.

• Controlling: means that managers must attempt to ensure that there is no deviation from the norm or plan of the organization.

• Planning: If something goes wrong in the organization the managers must be ready to take actions to remedy the situation. 

Thus general management is the sum-total of all the activities mentioned above, and that could be is detailed stated as:

• To determine the objectives, plans, policies and programmes of the organization.

• To secure men, material, machinery cheaply, etc.

• To put all the resources into operations through sound organization.

• To direct and motivate the employees at work.

• To supervise and control employees performance within an organization.

• To facilitate maximum prosperity and happiness for both employer and employees and public at large.

Management is a distinct activity that constitutes of following salient features:

Economic Resource: Management is one of the factors of production that requires land, labor and capital. With the growth of industrialization, the requirement of managers also increases.

• Efficient management is the most critical input in the success of any organization, since it becomes the force which assembles and integrates other factors of production, like, labor, capital and materials.

• The catalyst of management is required to produce goods and services required by the society. Thus, management is an essential ingredient for an organization.

Goal Oriented: management coordinates the efforts of workers to achieve the goals of the organization. The success is measured by the extent to which the organizational goals are achieved of the management. It is necessary that the organizational goals must be well understood by the management at various levels.

 

Distinct Process: Management is a distinct process consisting of various functions such as;

 

• Planning.

• Organizing.

• Staffing.

• Directing.

• Controlling.

These functions are defines the relative significance of a successful management.

Integrative Force: The essence of management is integration of human and other resources to achieve the desired objectives.

• An excellent manager applies knowledge, experience and management principles for getting the results from the workers with the help of non-human resources.

• They also seek to harmonize the individuals' goals with the organizational goals for the smooth working of the organization.

 

System of Authority: A manager represents a system of authority, a hierarchy of command and control. 

 

• Managers at different levels possess different degree of authorities.

• Authority further enables managers to perform their functions effectively.

 

Multi-disciplinary Subject: Management has grown as a field of study i.e. discipline and takes the help of many other disciplines such as engineering, anthropology, sociology and psychology. 

Welingkar Institute endeavors PGDM-HB in General Management:

This management program introduced by Welingkar Institute in collaboration with EINS Education, have been ranked as no.1in PGDM-HB program in West Zone, India, by a survey conducted by career 360b school. This management program combines knowledge of business management with an understanding of how the organization and corporate economy works. 

General Management deals with the basic managerial functions of the organization. The PGDM-HB general management program facilitates applicants with the basic idea of all the sectors and departments in an organization. General management is closely related with the leadership and management of the business enterprise as a whole.

The PGDM-HB program in General Management is at par with any distance learning MBA programs in India and ensures proper coordination of activities between departments to secure the common goal of organizational prosperity. 

The variety of courses offered by the management faculty has been designed to meet the needs of corporate world. Applicants from management background are taught fundamental aspects of general management and are trained in management practices. Enroll today with this excellent general management program with Welingkar Institute, for more information click here: http://bit.ly/1gGBPx0