Importance of coordination (Nature and Significance of Management)
Dear Student,
Importance of Coordination-
1. Encourages team spirit: Coordination helps in arranging work in such a way that it reduces conflicts and rivalries within the organisation.It encourages employees to work as a team and achieve the common goals of the organisation.
2.Unity of direction: There are various departments within an organisation.Each department performs specific activities.Coordination integrates the activities of all the departments and thus provides a direction to all the departments of an organisation.
3.Optimum utilization of resources: Coordination helps to efficiently organise the human and material resources of an organisation.It helps in optimum utilization of all the resources available with the organisation.
4. Facilitates Motivation: It provides freedom to the employees to take initiative and ensures their participation in the organisation.It gives them many financial and non financial incentives which keeps them motivated.
Nature of Management:
Importance of Coordination-
1. Encourages team spirit: Coordination helps in arranging work in such a way that it reduces conflicts and rivalries within the organisation.It encourages employees to work as a team and achieve the common goals of the organisation.
2.Unity of direction: There are various departments within an organisation.Each department performs specific activities.Coordination integrates the activities of all the departments and thus provides a direction to all the departments of an organisation.
3.Optimum utilization of resources: Coordination helps to efficiently organise the human and material resources of an organisation.It helps in optimum utilization of all the resources available with the organisation.
4. Facilitates Motivation: It provides freedom to the employees to take initiative and ensures their participation in the organisation.It gives them many financial and non financial incentives which keeps them motivated.
Nature of Management:
1)Universal Process: Wherever there exists human pursuit, there exists management.
Goal-Oriented: The most significant aim of all management pursuit is to achieve the purposes of a firm.
Supreme in Thought and Action: Managers set achievable goals and then direct execution on all aspects to achieve them. For this, they need complete assistance from middle and lower degrees of management.
3)Profession: Managers require to control managerial expertise and education, and have to adhere to a verified law of demeanour and stay informed of their human and social responsibilities.
4)Process: The management method incorporates a range of activities or services directed towards an object.
Significance of Management:
1)Achieving Group Goals: Management encourages collaboration and coordination amongst workers. A general control must be provided to the organisational and personal objectives in order to favourably accomplish the aims.
2)Increases Efficiency: Management improves productivity by managing resources in a reliable conceivable way in order to decrease cost upscale potency.
3 )Creates dynamic organization: Management undertakes the conditions by assuring that these variations are well accepted privately and that objection to change is controlled.
4)Development of Society: Management helps in the enhancement of community by manufacturing reliable quality commodities, establishing employment chances and fostering innovative technologies.
Regards
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