Nature and significance of management

1. NATURE AND
SIGNIFICANCE OF
MANAGEMENT
.

2. Importance of coordination
• i) Growth in size.
• ii) Functional differentiation.
• Iii) Specialization

3. Definitions of Coordination
• Coordination is balancing and keeping together
the team by ensuring suitable allocation of tasks
to the various members and seeing that the tasks
are performed with harmony among the
members themselves. -E.F.L. Brech
• Coordination is the process whereby an executive
develops an orderly pattern of group efforts
among his subordinates and secures unity of
action in the pursuit of common purpose. –
McFarland.

4. .
• Coordination is the orderly synchronising of
efforts of subordinates to provide proper
amount, timing and quality of execution so
that their united efforts lead to the stated
objectives, namely, the common purpose of
the enterprise. –Theo Haimann