Social systems are complex. Companies are increasingly changing structurally in the direction of more flexibility and flat hierarchies. Agility offers many opportunities and at the same time places significantly different demands on systems, structures, and people. Parallel to these developments, the importance of modern management systems in business organizations is also increasing. In the following scientific paper, we will go into the central topic of the nature of management in more detail.
The focus of the following considerations is the discussion of the management of the organization, primary in the form of modern and large companies. These are typically characterized by a set of organizational and conceptual issues arising from the interactions between the various organizational members. This primarily includes the business management issues. In the following, management will be understood as the solution of organizational problems. This central task is the responsibility of the top management of an enterprise.
In the light of this background, the following central questions of management will be discussed and explained:What management actually is and what characteristics it has, what management concepts and models exist and how these processes can be explained,which levels the modern management has and how they can be defined, which functions, tasks, and goals the management has in a modern organization, what skills modern management in an organization must exactly possess to achieve the corporate goals successfully and just how relevant the management is in a modern organization.
The aim of this work is to explain the management concepts and processes in modern organizations from an economic perspective and to discuss the internal management problems and possible solutions. This analysis also aims to provide an up-to-date contribution to science and research.
Table of Contents
- Introduction
- Definition of Management
- Characteristics of Management
- The 5Ms Model of Management
- Money
- Manpower
- Materials
- Machinery
- Methods
- Levels of Management
- Top-level Management
- Middle-level Management
- Lower-level Management
- Functions of Management
- Planning
- Organizing
- Staffing
- Directing
- Controlling
- Management Skills
- Technical Skills
- Conceptual Skills
- Human Relation Skills
- Importance of Management
Objectives and Key Themes
This essay aims to provide an economic perspective on management concepts and processes in modern organizations, exploring internal management challenges and potential solutions. It seeks to contribute to existing academic research on the subject.
- The definition and characteristics of management.
- Key models and concepts of management.
- The various levels of management within organizations.
- The core functions and tasks of management.
- Essential skills required for effective management.
Chapter Summaries
Introduction: This introductory chapter sets the stage by highlighting the ubiquitous nature of organizations in modern life and emphasizing the critical role of management in their efficient functioning. It touches upon the historical context of management, tracing its evolution from the industrial revolution to the present day, noting the shift from manual labor to technologically advanced production methods. The chapter also addresses the challenges posed by dwindling natural resources and growing global competition, underscoring the need for effective management in navigating these complexities. The introduction clearly states the essay's objectives, focusing on the examination of management as both an institution and a function within organizations, and outlines the key questions that the essay will explore.
Definition of Management: This chapter delves into the definition of management, critiquing the classic definition of "getting things done through people" as insufficient in capturing the complexities of modern management. It contrasts Mary Parker Follett's approach with Frederick Winslow Taylor's scientific management principles, highlighting the limitations of Follett's definition in its failure to address scientific methodology, the importance of human factors, and the impact of the external environment. The chapter ultimately proposes a more comprehensive definition of management that integrates these overlooked aspects, encompassing planning, decision-making, organizing, leading, motivating, and controlling various organizational resources while acknowledging the needs of employers, employees, and the public.
Frequently Asked Questions: Comprehensive Language Preview
What is the overall purpose of this document?
This document provides a comprehensive preview of a text focusing on management. It includes a table of contents, objectives and key themes, chapter summaries, and keywords, offering a structured overview of the content for academic use.
What topics are covered in the Table of Contents?
The table of contents covers the following topics: Introduction, Definition of Management, Characteristics of Management (including the 5Ms Model), Levels of Management, Functions of Management, Management Skills, and the Importance of Management. Each main topic may have subtopics as well.
What are the key objectives and themes explored in the text?
The text aims to provide an economic perspective on management concepts and processes in modern organizations. It explores internal management challenges and potential solutions and seeks to contribute to existing academic research on the subject. Key themes include the definition and characteristics of management, key models and concepts, various levels of management, core functions and tasks, and essential skills for effective management.
What is included in the chapter summaries?
The provided preview includes summaries for the "Introduction" and "Definition of Management" chapters. The introduction sets the stage, highlighting the importance of management in modern organizations, its historical context, and current challenges. The "Definition of Management" chapter critically examines existing definitions, contrasting different approaches (e.g., Mary Parker Follett vs. Frederick Winslow Taylor), and proposes a more comprehensive definition.
What specific models or concepts are discussed?
The 5Ms Model of Management (Money, Manpower, Materials, Machinery, Methods) is explicitly mentioned. Other models and concepts are implied but not detailed in the preview, suggesting a broader exploration of management theories throughout the full text.
What are the levels of management discussed?
The text discusses three levels of management: Top-level Management, Middle-level Management, and Lower-level Management.
What are the functions of management covered?
The functions of management outlined include Planning, Organizing, Staffing, Directing, and Controlling.
What management skills are addressed?
The preview mentions three key management skills: Technical Skills, Conceptual Skills, and Human Relation Skills.
- Quote paper
- Ibrahim Bekmezci (Author), Concepts of Management. Characteristics, Levels, Functions, Skills, and Importance, Munich, GRIN Verlag, https://www.grin.com/document/1198796
