What is Management ?

Managing is necessary whenever one needs to get things done. It may be called the  practice of consciously and continually shaping organizations. Each and every organization has people who arc entrusted ,with the responsibility of helping the organization achieve its goals. Those people are called managers. No organization can carry on its business without management, which is in turn supervised by managers.

Management is essential to ensure the co-ordination of individual efforts within an organization. It is exciting because it deals with setting, seeking and reaching objectives of an organization. Each and every one of us is a manager and the practice of management is found in every facet cf human endeavor-educational institutions, business, government or nun-government organizations, associations, mosques and families. Whatever may be the type of organization, the managerial hurdles to overcome for setting and achieving objectives are surprisingly similar for all organizations.

Managing is universal. Every group effort requires setting objectives, making plans, handling people, co-ordination and controlling activities, achieving  goals  and  evaluating' performance directed towards organization goals. These activities relate to the utilization of four types of inputs or resources from the environment-human, financial, physical. and informational. Human resources include managerial talent, skill, motivation etc. Monetary resources are the financial capital the organization uses to finance both ongoing and long term operations. Physical resources include building, raw materials, office and production facilities and equipments. Information resources arc data and other kinds of information utilized by the organization. The job of the manager is to combine and co-ordinate these resources to achieve the organization's goals.