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Firstly it is important to know what is Management. How it works & why it needed?

Management means many things to many people. Management is the process of planning, organizing, staffing, directing, co-ordinating and controlling the activities of business enterprises. It is also described as the technique of leadership, decision making and a mean of coordinating. But too many other people think that management is nothing more than clerical work and putting fancy signatures.

In the corporate sector, Management is that process by which managers create, direct, maintain and operate purposive organization through systematic, coordinated and cooperative human efforts.

Management knowledge meets the first two criteria because it has grown into a systematic body of knowledge and also it can be acquired and learned through the formal education.

Some commonly steps for management:-
• Planning, organizing, staffing, directing & controlling activities of others.
• Create conductive and proper environment in the organization.
• Management involves interactions among people.
• Management is needed in order to achieve the objectives of business activity in an orderly & quick manner.
• Management is needed for motivating employees and also for coordinating their efforts to achieve business objectives quickly.
• In an organization, many persons work together & they need proper direction and guidance for raising their efficiency management is important. Management is needed for planning business activities for guiding employees in the right direction.

So, management is very important as it help us to manage & control the workplace efficiently. It is also important for success, stability & prosperity of a business enterprise.

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