Importance of Orgazined Management Essay Example | Topics and Well Written Essays - 2000 words

Importance of Orgazined Management - stress ExampleIn addition, every organization depends on group effort. Joint efforts and group action urinate become essential in every aspect of life. Therefore, commission is necessary wherever two or more individuals work together to accomplish common goals. The achievement in group efforts is dependent on mutual cooperation among plurality in a group. Management establishes coordination and teamwork among specialized efforts. Management is crucial in all told organizations whether a club, business firm, a college, a government, or a business firm. Management is a resourceful tool which plays a part in the optimum use of resources. Organized managerial leadership just can transform the chaotic resources of machinery, men, materials, and bills into an industrious enterprise. An organization is simply a collection of machinery, men, materials, and money in the absence of management. In addition, management is required to organize, plan, c ontrol, and direct group efforts. Also, management offers motivation and leadership to people. As an inventive force, management performs an identical function in an organization like a genius does in the body of a human being. It is the primary coordinating mechanism that underlies unionised venture. The significance of management has augmented enormously in recent years because of the increase in the complexity and size of the organizations, maturation responsibilities and turbulent environment of business. All in all, an organized management will play a noteworthy part in minimizing costs and maximizing output. An organized management maintains a vibrant equilibrium in the midst of an organization and its ever changing environment. Management is responsible for the formation, endurance, and expansion of organizations. This means that there is the constant withdraw for management in any organization (Holtzman, Puerta & Lazarus, 2011). This paper will look at the importance o f organized management. The paper will achieve this by examining the different aims of management, roles of management, and the significance of organized management. Many organizations are do up of three levels of management top-level management, middle-level management, and first-level management. The managers are organized in a chain of educational activity of authority, and engage in a number of tasks. In numerous organizations, the number of managers in each level is similar to a pyramid. The top-level management is make up of chief executive officers, board of directors, president, vice-president, and other members of the C-level executives. These people are responsible for overseeing and controlling the whole organization. This level of management is responsible for setting a olfactory modality at the top and establishes strategic plans, policies of the organization, and reach decisions on the direction of the organization. Additionally, top-level managers play an essentia l part in the mobilization of external resources and are answerable to the general public and shareholders. The board of directors is characteristically primarily made up of non-executives which owe a fiduciary responsibility to stakeholders and are not directly engaged in the daily functions of the organization, even though this is different based on the culture, form, and size of the organization (Martindale, 2011). Also, these directors are tentatively answerable for violations of that duty and normally insured under directors and officers liability insurance. In addition, the board