Management Last Updated : 21 Apr, 2025 Comments Improve Suggest changes Like Article Like Report Management is the art of getting things done through others. It is always required whenever human and non-human resources are used. So management has to perform various functions to achieve the goals of the organisation. Such management functions are performed effectively and efficiently through principles and techniques. It is the coordination of all resources through the process of planning, organising, directing and controlling in order to attain stated goals. A science of management has been developed and modern managers require mastery of this science as well as the ability to apply it to the situational needs of their organisation.Management Theory and PracticesManagement is an essential ingredient in every organised endeavour. Effective and efficient coordination of human efforts and material resources requires sound management. This part has been designed keeping in view the situational nature of management. It seeks to provide a brief and concise view of what management is all about and how it can be applied to different spheres of human activity. Management Glossary | A to Z Terms used in ManagementManagement : Meaning, Characteristics, Objectives, and ImportanceForecasting: Meaning, Nature, Planning and Forecasting, Importance and LimitationsSteps of ForecastingTechniques of ForecastingCoordination- Nature, Criteria, Objectives and PurposeCoordination – Types, Need, Significance and ConstraintsManagement by Objectives(MBO): Meaning, Objective, Features, Advantages and LimitationsDecision making: Meaning, Nature, Role and Relationship between Planning and Decision-makingStrategic Management: Meaning, Features and Strategy FormulationDepartmentation: Meaning, Need, and ImportanceTypes of DepartmentationFactors determining Span of Management6 Types of Organisation StructureLine Organisation: Meaning, Features, Suitability, Advantages and DisadvantagesFunctional Organisation: Meaning, Features, Suitability, Advantages and DisadvantagesLine and Staff Organisation: Meaning, Features, Suitability, Advantages and DisadvantagesProject Organisation: Meaning, Features, Advantages, Disadvantages and SuitabilityMatrix Organisation: Meaning, Features, Suitability, Advantages and DisadvantagesCommittee Organisation: Meaning, Features, Suitability, Advantages and DisadvantagesOrganizational Change: Nature, Causes and Change ProcessCauses of Resistance to Change.Organisation Development: Concept, Features, Objectives, and RolesOrganizational Development (OD) Intervention TechniquesOrganisation Chart: Meaning, Types, Advantages and LimitationsOrganization Manual: Concept, Advantages, and DrawbacksOrganisation Manual: Meaning, Contents and TypesMethods of Human Resource ValuationKnowledge Management: Meaning, Concept, Process and SignificanceHerzberg’s Two-Factor Theory of MotivationExpectancy Theory of Motivation: Advantages, Disadvantages and ImplicationsAdam’s Equity Theory: Concept, Merits and DemeritsMc Gregor’s Theory X and Theory YMorale: Concept, Morale and Productivity, and Ways to build high moraleWhat is Crisis Management?Budgetary Control: Meaning, Objectives, Advantages and Limitations360-Degree Feedback | Meaning , Advantages and DisadvantagesDifference Between Management by Objectives (MBO) and Management by Exception (MBE)Difference between Intrinsic and Extrinsic MotivationDifference between Reward and IncentiveDifference between Motivation and MoraleDifference between Financial Accounting and Management AccountingDifference between Cost Accounting and Management AccountingLean Manufacturing : Meaning, Importance and WorkingPrinciples of Lean ManufacturingTechniques of Lean ManufacturingBrand Management : Meaning, Working, Types and ExamplesOrganizational Effectiveness : Meaning, Importance, Principles and TipsOperations Management : Meaning, Purpose, Benefits and ChallengesTalent Management : Meaning, Importance and ProcessQuality Control : Meaning, Need, Types, Roles and ResponsibiltiesMicromanagement : Meaning, Effects, and ExamplesLogistics : Meaning, Importance, Functions and TypesOrganizational Communication: Meaning, Types, Benefits and ChallengesEnvironmental Management : Meaning, Features, Objectives and TypesEmployee Branding : Meaning, Importance & WorkingTown Hall Meeting: Meaning, Importance, Implementation and FAQsBusiness Development : Process, Skills, and ImportanceSocial Audit: Meaning, Features, Benefits and ItemsPoint of Sale (POS) : Full Form, Features, Types and ExamplePOSDCORB : Meaning, Full form and ElementsTime Management: Meaning, Importance and BenefitsConsequences of Poor Time ManagementTime Management StrategiesManagement Roles by Henry MintzbergGroupshift | Concept and CausesDifference between Mission and VisionDifference between Management and AdministrationManagement Audit : Meaning, Features, Objectives and UsesDifference between Authoritative, Democratic and Laissez Faire Style of LeadershipCreative Process| 4 Stages of Process of CreativitySix Sigma: Concept, Significance and PrecautionsMethodology of Six Sigma6 Steps of Decision-making ProcessTypes of Decision-makingFunctions of ManagerCrisis Management Techniques and ProgrammesTop 7 Qualities of a Crisis ManagerNon-profit Organisations (NPOs): Concept, Problems and ChallengesInternational Management: Concept, Environment, Managerial Functions, and TrendsDifference between Creativity and InnovationQuantitative Approach to ManagementCrucial Role of Data Entry in Business SuccessMultinational Corporations: Concept, Stages and Forms, Reasons for Growth, and CriticismTeam Building: Process, Advantages and LimitationsLife Cycle Theory of Leadership (Maturity-Immaturity Theory)House’s Path-goal Theory of LeadershipManagerial Effectiveness: Concept & Culture of Excellent OrganisationHorizontal Marketing System: Meaning, Types and AdvantagesMcKinsey’s 7S FrameworkJapanese Management: Concept, Nature and LimitationsTransactional Analysis (TA) TheoryBalanced Scorecard (BSC) : Meaning, Perspective, Advantages and ConditionsTechniques of Control- PERT and CPMWhat is Total Quality Management (TQM), and Just in Time (JIT) & KANBAN ?Business Process Re-engineering (BPR): Features, Objectives, Causes of Failure and Conditions for SuccessContingency Approach to ManagementSystems Approach to ManagementBenchmarking: Concept, Advantages and PitfallsBenchmarking: Steps and TypesBehavioural Approach to ManagementClassical Approach to ManagementOrganisational Politics: Political Strategies and TacticsLearning Organisation: Nature, Advantages, Need and MethodsMcClelland’s Achievement Motivation ModelDifference between Traditional and Learning OrganisationDifference between Group and TeamOrganisational Conflict: Meaning, Nature, Views and ProcessOrganisational Conflicts: Consequences and TypesMethods of Handing Organisational ConflictsDelegation: Principles and TypesDelegation: Meaning, Process and ObstaclesCorporate Governance: Meaning, Definition, Significance and PrinciplesAuthority: Concept, Sources, and ScopeDifference between Authority and PowerPerformance Improvement Plan | Full form of PIPEmployee Retention & Engagement Strategies Comment More infoAdvertise with us Next Article Management : Meaning, Characteristics, Objectives, and Importance S sayebanaushad Follow Improve Article Tags : Business Studies Similar Reads Management Management is the art of getting things done through others. It is always required whenever human and non-human resources are used. So management has to perform various functions to achieve the goals of the organisation. Such management functions are performed effectively and efficiently through pri 5 min read Management : Meaning, Characteristics, Objectives, and Importance What is Management?A universal concept that is needed in every organisation whether it is a business organisation or a non-business organisation such as hospital school, etc., is known as Management. An organisation's success depends on the successful functioning of its management and is always requ 8 min read Nature of Management as a Science, Art and Profession The term management is used in various senses. Some consider it as an activity, some treat it as a group, some call it a discipline, whereas some look at it as a process. Management as an activity is getting things done through others. Management as a group is all those who manage. 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These principles are different from principles of science as they are not rigid. They are applied creatively to humans as per the needs and demands of t 5 min read 14 Principles of Management by Henri Fayol Principles of Management are like a guidebook for leaders to run a company well. They help managers make plans, organize tasks, and motivate teams, and, they serve as frameworks for managers to deal with the difficulties of leading people and achieving goals within an organization. Principles of Man 12 min read Principles of Scientific Management Scientific Management is a management technique that utilizes scientific methods to enhance workforce efficiency. It uses scientific methods that include systematic, objective, and logical principles and techniques to solve management problems. What is Scientific Management?The use of scientific pri 7 min read Techniques of Scientific Management Scientific management means the use of scientific methods to solve the problems of management. It is the art of knowing exactly what you want your employees to do and seeing that they do it in the best and cheapest ways. It involves the study of each activity in detail and doing the work in such a m 8 min read Forecasting: Meaning, Nature, Planning and Forecasting, Importance and Limitations What is Forecasting?Forecasting involves making educated guesses about future events that could affect a company. Businesses can predict sales, finances, customer demand, and market changes by examining past data, trends, and patterns. Forecasting helps companies make decisions, plan, and manage ris 6 min read Like