THE GREAT SRI.K.M.MATHEW'S art of Management has become a part and parcel o=
f everyday life, be it at home, in the office or factory and in Government.=
In all organizations, where a group of human beings assemble for a common =
purpose irrespective of caste, creed, and religion, management principles c=
ome into play through the management of resources, finance and planning, pr=
iorities, policies and practice. Management is a systematic way of carrying=
out activities in any field of human effort. Management need to focus more=
on leadership skills, e.g., establishing vision and goals, communicating t=
he vision and goals, and guiding others to accomplish them. It also assert =
that leadership must be more facilitative, participative and empowering in =
how visions and goals are established and carried out. Some people assert t=
hat this really isn't a change in the management functions, rather it's re-=
emphasizing certain aspects of management.=0A=0AIts task is to make people =
capable of joint performance, to make their weaknesses irrelevant, says the=
Management Guru C.K.Prahlad and Peter Drucker. It creates harmony in work=
ing together - equilibrium in thoughts and actions, goals and achievements,=
plans and performance, products and markets. It resolves situations of sca=
rcity, be they in the physical, technical or human fields, through maximum =
utilization with the minimum available processes to achieve the goal. Lack =
of management causes disorder, confusion, wastage, delay, destruction and e=
ven depression. Managing men, money and materials in the best possible way,=
according to circumstances and environment, is the most important and esse=
ntial factor for a successful management.
Saturday, July 31, 2010
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