Next-Push

Credits:- NCERT Delhi,

Division of Work: - Work should be divided into small task/jobs. A trained specialist who is competent is required to perform each job. Thus division of work leads to specialization. This increase the effectiveness and efficiency in the work performance. Collectively they achieve the targets of the company. For example in a hospital neurosurgeon is concerned with nervous system whereas heart surgeon is concerned with respiratory system. Authority and Responsibility: - Great power comes with great responsibility. There should be balanced between authority and responsibility. An organization should build safe grad against misuse of managerial power and irresponsibility during the work. Discipline: - Discipline is systematic instruction in the organization for proper working. According to the Henri Fayol discipline requires good superior at all level, clear and judicious applicable of penalties. Suppose management and executive entered in the agreement where managem...

M anagement is a technique used for optimum utilization or resources. In other words it is a process of getting things done with the aim of achieving goals effectively and efficiently. Effective and efficient are different term but they are interrelated. In term of management it is important to be both effective and efficient. Effectiveness in management is concerned with doing the right task at right time and efficiency means doing the task correctly in minimum cost and time. Effectiveness and efficiency are two side of the same coin and need to be balanced. Management has been defined by different authors in a number of ways. The following are some of the main definitions of management: According to Mary Parker Follet "Management is the art of getting things done through people." According to Harold Koontz "Management is the art of getting things done through and with people in formally organized groups." According to Henri Fayol "To manag...