3. Managing takes balance .It is a lot of tasks in the air at
one time ,and keeping the entire “organized mess”
moving towards a goal .you have to make sure that all the
parts and pieces are doing their part and not gumming up
the work.
Management
Getting things done to achieve life’s objective and
managing an organization means getting things done
with and through other people to achieve it’s objectives
4. Objective of management
The main objective of any organization should be
to utilize human and material resources to the
maximum possible advantage
Management is responsible for
setting and achieving objective
for the organization .The main
objective of any organization
The objective of management can be classified
into three categories:-
1.Organizational objectives
2.Social objectives
3.Personal objectives
5. Level of manager
Top level
Executive and
effective leader
Middle level
Contributing team
member
Lower level
Highly capable
individual
6. Top level management also known as strategic level management
.its important constituent – chairman ,board of directors, chief
executive officers
Top level
This level is responsible for following function
1.Formation of long term plan.
2.Formation of policy .
3.Approvel of master budget
4.Arrengment of funds and resources.
5.Define future of the organization
6.Define capital structure of the company
7. Middle level
This level is also known as tactical level .some
of their important function are as follow:-
1.To coordinate between top level and lower level
2.To formulate departmental rule.
3.To issue direction to lower level.
5.To distribute resources
6.To provide training and developmental facilities to
lower level
7.Creativity and visioning
8. This level is also known as operational level. This level
is responsible for formulation of short term plan
Lower level management
1.To take care of daily organizational functioning
2.To report to middle and top level
3.To control workers and solve their problem
4.To enhance productivity.
5.To formulate report as asked by the higher authority.