There are numerous types of management, such as:
- Strategic management: Consists of creating objectives and making long-term decisions for the entire organisation.
- Tactical management: This entails putting senior management’s strategies and plans into action.
- Operational management: This refers to overseeing an organization’s regular operations.
- Project management: Project management entails coordinating, planning and supervising particular activities or projects.
- Human resources management: This process involves hiring, training and evaluating personnel as well as managing the individuals that work for a firm.
- Financial management: Managing an organization’s financial resources including forecasting, budgeting and financial analysis.
- Quality control: Involves making sure that goods and services satisfy or even surpass client expectations.
- Supply Chain management: Managing the flow of products, services and information from suppliers to clients is known as supply chain management.
There are numerous other styles of management in addition to these typical ones.
The work of organisational member can be effectively planned organised, led and controlled using a variety of management techniques. These consist of:
Techniques for Management
- Classical management: This approach places a strong emphasis on using scientific ideas and methodologies to boost effectiveness and productivity. Based on the ideas of early management theorists like Frederick Taylor and Henri Fayol it was created in the late 19th and early 20th centuries.
- Human relations management: This approach emphasises how critical employee engagement and satisfaction are to accomplishing corporate objectives. It was created in the 1930s and 1940s and is based on the findings of scholars like Douglas McGregor and Abraham Maslow.
- Contingency management: This approach acknowledges that there is no one “optimal” way to run an organisation and that various circumstances may call for various management strategies. It is predicated on the notion that the best management strategy will vary depend on the unique features of the firm and its surroundings.
- Total Quality Management (TQM): This approach emphasises the significance of quality in all facets of an organization’s operations and is founded on the idea that every employee bears responsibility for the calibre of the company’s goods or services.
- Lean management: This approach is based on the ideas of lean manufacturing, which emphasises waste minimization and resource efficiency in order to boost output and quality.
- Agile management: This approach is based on the Agile software development technique, which places a strong emphasis on adaptability, flexibility and quick iteration. IT software development and product management frequently use agile management.
- Servant leadership: This approach of management is founded on the premise that the manager’s job is to support and serve the team and it highlights the value of putting the needs of both employees and customers first.
These are a few of the widely used management techniques, but there are many more including Scrum, Kanban and others that are employed by many businesses and organisations.
