Management is the Science of Managing Company Potential, Understand its Objectives and Elements

Kapanlagi.com - Management is one of the fields of science that is never lacking in enthusiasts. It's reasonable, because management is indeed a field of science that can be applied in various fields. Starting from companies, education, to government, all require management skills. This is because management teaches skills in organizing everything, to achieve a goal.

That's why besides being seen as a science, management is also often considered as a skill. Management is something that must be mastered by a company or other organization in order to achieve its goals. By implementing management, these goals can be achieved through effective and efficient ways.

Management is an important science for anyone to learn. Now, to better understand what management is, read the following reviews that have been summarized from various sources.

1. Understanding Management

As mentioned earlier, management is a science as well as a skill that will facilitate a company or organization in achieving its goals. In the process of achieving these goals, management plays a role in organizing every available resource. Therefore, every resource can synergize efficiently and effectively.

In the practice of achieving goals, management consists of a series of processes that include planning, organizing, actuating, staffing, and controlling. These five processes are interrelated. It means that they must be carried out sequentially and carefully. In addition, all of them are also functions of management science.

2. Management Objectives

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For a company or organization, management is very important to be implemented. This is because the implementation of management contains important objectives. Here are some of these management objectives.

1. Improving Efficiency
The implementation of management will make the resources owned by the company or organization more synergized. As a result, the goals of the company or organization can be achieved in a more targeted manner. In terms of production, management will also reduce the risk of cost, labor, and time wastage. It means that the main activities of the company will run efficiently.

2. Achieving Maximum Results
Related to the first objective, when a company or organization has carried out its activities efficiently, the results or profits will also increase. Some even consider this as the primary goal of management.

3. Improving Employee Welfare
In the long run, management will not only have an impact on the company. Efficient activities, as well as maximum profits or results, will also improve employee welfare. Moreover, management can also be applied to a system of appropriate wages and incentives.

3. Management Elements

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Learning management indeed takes time. There are many things that need to be learned in order to master the knowledge and skills in management. One of them is related to the elements of management. The elements of management are important factors that will greatly contribute to the success of a company or organization in achieving its goals.

Here are some elements in management.

1. Human
Humans are important elements in management. The better the human resources available, the better the results that will be obtained.

2. Funds
Funds or money are also important in management. Because the existence of funds or money is one of the important elements for the sustainability of a company.

3. Machines
The presence of machines will make work easier and faster. This means that the presence of machines will also facilitate management activities in achieving goals.

4. Materials
Material elements are important in management, especially in the business field. This is because good results can only be achieved if there are also good materials.

5. Methods
Implementing management also requires choosing the right methods. With the right methods, work will be more efficient and effective. As a note, in determining the method, it is also advisable to consider the objectives, facilities, time, money, and business activities.

6. Market
The last management element is the market. This element will be influenced by material elements, because as we know, products accepted by the market must be of good quality.

4. Management Functions

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Previously mentioned, management activities have 5 fundamental functions. These five functions are as follows.

1. Planning
Planning is the most fundamental function of management. At this stage, each step or stage to be taken to achieve goals systematically and purposefully using existing potentials or resources will be determined.

2. Organizing
The second management function is organizing. In this case, organizing refers to the process of integrating physical, financial, and human resources.

3. Staffing
The staffing function of management is useful for maintaining organizational structure, so that a position within the organizational structure can be filled by someone who is truly suitable and competent.

4. Directing
The directing function consists of activities that need to be carried out. These activities aim to guide or control work effectiveness and efficiency.

5. Controlling
Controlling is carried out to assess and provide evaluations of work or efforts that have been done. This way, the performance of the organization or company can be better controlled.

Those are some explanations about management, which is an important science to be learned nowadays. Hopefully, it is useful and can increase knowledge.

(kpl/psp)