Management is the process by which people work together to achieve desired goals and objectives in planning way and with available resources. In lack of a better management no work can be done perfectly and management tells us how to finish work with a sense of perfection and satisfaction. Management is important factor for successfully running a system whether it is an organisation or any individual aim.
Management consists of planning, staffing, training, directing and controlling. All the aspects are of crucial important as without any one the system can be badly affected.
First of all planning is the most important factor for any system comes in run. In fact it is planning which lay the foundation stone for any building, you can say. Staffing is another important factor for a system, which decides the successfully running of the same. In fact staffing and organising the staffs are the crucial factor for better output.
Resources means one has all the available resources including human, resources, financial resources, technological resources and natural resources.
It is understood that for success of any system or organisation, it is essential to planning first and make policies. Making suitable and solid policies, which can be helpful in achieving the goal. On the other side making only policies is not enough but its implementation is also necessary on the ground level. In fact implementation is the crucial factor for achieving the goal as it provides the ground reality of your policies, which made on paper.
There was a time when management was considered for only any organisation but now it has changed its meaning and today it has a wide range. Now the meaning of organisation has changed into a system, which are bound to be for a better output.
That is why today management has been taken as a wide meaning and it has changed its range into wide. Today it has attained a wide acceptance as a business management.
Obviously when there is time when we have not any hesitation in treating the entire globe as a village-globalisation then certainly business has been playing a crucial role in today life style.