What is management?
There are probably as many definitions of management as there are managers. Is management a tool, a set of techniques or even a philosophy? In English, “to manage” means both to manage, to administer, to direct, to tame, to succeed and to get by! But whatever view you have of it, management is essential to the success of companies in today’s world.
What is the definition of management?
Management concerns organizations of all sizes and in all sectors of activity and its primary objective is to improve performance. Overall, management is a set of techniques that make it possible to manage, organize, direct, control and plan the various activities of the company. It therefore concerns both management, administration and human resources.
If there are several definitions of management, it is because each manager, while sharing the same principles, may have a different conception of the company’s priorities. For some, management is above all about forecasting and planning. For others, it is primarily used to solve problems. For still others, management is essentially a human resources tool whose goal is to ensure team cohesion to push them to give the best of themselves.
Whatever the goal set for the short, medium or long term, management makes it possible to bring together and coordinate the various resources of the company to achieve its objectives by following a common directive. The purpose of these efforts of course remains the growth of the company, through the reduction of its costs and the optimization of its profits.
Finally, it is important to distinguish “operational management” from “strategic management”. Operational management (or middle management) brings together all the managerial decisions taken in the short term to guide the day-to-day management of the company: recruitment and management of teams, reporting, marketing, pricing, promotional actions, etc. Strategic management (or top management) concerns all the major decisions taken by the management of the company: takeover of a company, opening of a subsidiary, creation of a new service, etc.
What is the difference between management and management?
Although in English, “management” means both management and management, we tend to separate the two terms because they have many differences. Management is only one of the components of management: it brings together all the technical elements that make it possible to steer the company from an accounting, administrative, commercial or financial point of view.
On the other hand, management requires taking a little more height: it is more structured around a project and most often requires coordinating different disciplines. Decision-making is a key management value, hence the need to know how to convince and federate.
What are the 5 functions of management?
Management is a dynamic process made up of various activities that are very different from operational functions such as marketing, finance or purchasing. Rather, these activities are common to each manager, regardless of their level or status, and they are inseparable from each other.
Planning: Planning is the basic function of management: it consists of drawing the most appropriate action plan to achieve predetermined objectives, to bridge the gap between “where we are and where we want to be”. It allows you to both solve problems and make the right decisions.
The organization of tasks: The organization of tasks is the process of bringing together the physical, financial and human resources that make it possible to achieve the objectives of the company by providing it with everything that is useful for its operation. Good organization requires identifying and classifying activities, assigning tasks and responsibilities and coordinating actions.
Recruitment: The function of recruitment is to select the best employees to allow the company to develop, then to evaluate their performance and allow them to improve while remaining motivated (thanks to remuneration, bonuses and training ).
Management: Management consists of supervising and directing the work of employees to effectively achieve the company’s objectives.
Supervision: Supervision consists of evaluating the work carried out in relation to the defined objectives. It also helps establish standards for measuring, comparing and making the right decisions.
What is the role of a manager?
The manager is responsible for the proper execution of the tasks assigned to the employees for whom he is responsible. The Top Manager is a leader responsible for developing the company’s strategy and guaranteeing its mission. The Functional Manager oversees a particular branch or area, such as finance or marketing. The Team Manager is responsible for coordinating a sub-group responsible for a specific function within the company.
Whatever his function, the role of the manager includes many responsibilities
*Train new employees
*Manage performance issues
*Translate company objectives into functional and individual objectives
*Track and control expenses and budgets
*Plan and set performance goals
How to become a good manager?
Today’s manager is not just a decision-maker. We are talking more and more about change management, participatory management and responsible management. The importance of the human being is the key value today.
A good manager sets a positive example and knows how to encourage his team to succeed by using everyone’s strengths and qualities. A good manager creates an inclusive and diverse work environment where you feel good. A good manager clearly communicates his goals and expectations.
The 5 essential qualities of a good manager:
Know how to work in a team
The good manager creates a collaborative work culture and does not hesitate to delegate certain responsibilities.
Create a positive work environment: It is important to create a positive work environment in which team members feel included and respected. Valuing talents, recognizing the involvement of the team or celebrating successes makes you feel appreciated and valued.
Knowing how to communicate: A good manager must propose SMART objectives (specific, measurable, acceptable, realistic and time-bound) in complete transparency. The goals to be achieved must be clear and achievable, without vagueness (“to be done as soon as possible”) and without unnecessary pressure (“we must break all records”). A good manager must be available, attentive and provide feedback on the actions carried out.
Being a good coach: A manager is also a trainer who must preserve the motivation of his collaborators by uniting them around his project. He has the ability to transform everyone’s talents into collective performance.
Develop their own skills: A good manager must not only rely on others and learn to grow alongside his team. He must also know how to identify his weaknesses and work every day to improve them.