Management
...success. Today management exists internally in numerous types of entities. For example restaurants, banks and schools have managers. Within organisations are classifications of managers that perform different tasks and duties. Externally, many factors impinge on good management, such as technology, social and demographic changes and competitors. This is why business owners either employ someone, known as a manager, or put it upon themselves, to take a course of action to achieve goals and business success. Regardless of the size of the organisation, management is always needed, this relates to the universality of management. (Robbins et al., 2006 p. 28) This argument states good management whereby it is important in the quest for organisational efficiency, effectiveness and productivity is still of no guarantee of success.
In order to discuss management, what it is and why it is important, an understanding of the various terms- efficiency, effectiveness and productivity firstly needs to be addressed. According to Robbins et al., 2006 p. 9, efficiency refers to getting the most output from the least amount of inputs; referred to as doing things right'. For example; management that strives for a low resource usage, with a low resource waste is using the maximum output from least amount of input, ultimately by being efficient an organisation can save costs and resources. This vital part of management deals with scarce input- including people, money and equipment.
Effectiveness stated by Robbins et al., 2006 p. 9, is described as doing the right things' by completing activities so that organisational goals are attained. Productivity is the amount of output created, in terms of goods produced or services rendered, per unit input used. With an analogy of having 10 workers producing only 20 cartons of milk a day and 10 workers producing 100 cartons of milk per...
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