Business Studies, asked by goutham440, 1 year ago

success of manager depends on the manner in which he practice the conceptual knowledge of management in combination with his own skills. what nature of management is indicated in this statement explain its features.​

Answers

Answered by sunil1439
7

Answer:

Management is to plan, organize, direct and control the resources of the organization for obtaining common objectives or goals. It is related with resources like material, money, machinery, methods, manufacturing and marketing. Management principles are universal in nature

Answered by dharanikamadasl
0

The success of manager depends on the manner in which he practice the conceptual knowledge of management in combination with his own skills - the nature of management is all four planning, decision-making, organizing, leading, and controlling.

The nature of management:

  • In order to accomplish organizational objectives efficiently and effectively, management is a set of actions including planning and decision-making, organizing, leading, and controlling focused on an organization's resources (human, financial, physical, and informational).

Management skills of a manager:

  • The knowledge and aptitude of those in managerial positions to carry out particular management activities or duties are known as managerial skills.
  • This skill and expertise are learnable and practicable.
  • However, they can also be learned through the actual execution of necessary tasks and activities.
  • As a manager, you may therefore enhance each skill through education and hands-on experience.
  • To ensure the successful and efficient execution of their job responsibilities, managers will require the ability to manage both people and technology.

Technical skills:

  • The technical or engineering dimension of managers is directly tied to technical management skills.
  • They are practical artisan skills, if I may use that phrase.
  • These abilities are necessary to launch your business, create your goods or services, and create the internal company systems.
  • The importance of technical skills is greatest for first-level managers.
  • These abilities are not of very high significance when it comes to great managers.

Conceptual skills:

  • A manager's conceptual skills are their capacity for more abstract thought.
  • That implies that he can quickly understand the complete by examining and diagnosing various states.
  • They are able to forecast the direction of the company or department as a whole in this way.
  • Managers who have conceptual talents will be able to look beyond the objectives of their department.
  • As a result, they will make choices that will support overall corporate objectives.
  • For top managers, conceptual skills are essential; they are less important for mid-level managers and not necessary for first-level managers.

Interpersonal skills:

  • Managing important social processes inside the organization requires interpersonal management skills.
  • These abilities demonstrate a manager's interpersonal skills and knowledge.
  • Working with people is one of the most important management responsibilities.
  • There won't be a need for management or managers without humans.

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