Explain any four points of importance of management. - Vidyadip

Question

Explain any four points of importance of management.

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Answer

Management helps in achieving group goals: Management is required not for itself but for achieving the goals of the organisation. The task of a manager is to give a common direction to the individual effort in achieving theboverall goal of the organisation.
Management increases efficiency: the aim of a manager is to reduce costs and increase productivity through better planning, organising, directing, staffing and controlling the activities of the organisation.
Management helps in achieving personal objectives: A manager motivates and leads his team in such a manner that individual members are able to achieve personal goals while contributing to the overall organizational objective. Through motivation and leadership the management helps individuals to develop team spirit, cooperation and commitment to group success.
Management creates a dynamic organisation: All organizations have to function in an environment which is constantly changing. It is generally seen that individuals in an organisation resist change as it often means moving from a familiar, secure environment into a newer and more challenging one.

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