Managers have a wide range of responsibilities, but one of the most important of all is the ability to manage people. A good manager knows how to delegate and integrate other people’s efforts to improve the overall quality of the company. They are the communication channel within the organization and are able to inject enthusiasm, motivation, and discipline into various areas. As a result, the company’s value is increased. And the success of a company’s management depends on their ability to motivate employees.
While many people consider management a late-modern concept, the concept has a long and fascinating history. It can be traced back to the Sumerian traders and builders of the pyramids in ancient Egypt. Similarly, the French word’mesnager’ means ‘to hold’, while the Italian and Spanish word maneggiare mean ‘to handle’ or ‘to rule’. These terms come from the Latin words manus, agere, and’man’, meaning “handle”.
Managers have a wide range of roles. In small organizations, the job of a manager is typically a combination of different jobs. In large companies, a manager may perform all of these roles. The term “management” comes from the French word’mesnager’, which originally meant ‘to hold the reins of a horse. The Italian and Spanish words maneggiare, ‘to handle’ and ‘to rule’ respectively. Both terms are related to horses.
In the late nineteenth century, the term’management’ began to become identifiable as a group of salaried individuals. As businesses began to become big corporations, the need for trained managers grew. College administrators considered setting up the first business schools to train future managers. As a result, business management became an important part of college curriculum. The phrase “management is what managers do” is still used widely. Whether or not it is a definition of management depends on the context, as it implies that the term is shifting and the concept can be defined differently.
Management creates the internal environment in an organization. In a large organization, the manager must be able to work with people, create rules, and make decisions. In a small organization, a manager can take on the role of every position in the company. But in a large one, the role of a manager is similar to that of an accountant. The difference between a business manager and a business owner is that the latter’s job description is a bit different than the former’s.
In a large organization, a manager will perform all the functions of management. In a small business, the manager may have a wider range of responsibilities, while in a large organization, a manager will be responsible for all of the functions. This makes the role of management a crucial role in a business. The best managers are able to balance the demands of the company and the demands of the employees. There is no one-size-fits-all type of manager.