WHY MANAGEMENT IS A RAPIDLY GROWING FIELD?

Management refers to the process of dealing with various people and aligning with business processes.

While starting a business, usually minimal investments are preferred.

Management is a rapidly growing field as this sector helps an individual to explore new ideas.

Quick Practical insights

While working in an organization, many people get themselves involved so that they can develop their skills in the long run.

This field helps people to get in touch with various communities globally by creating communication mediums.

It indeed creates a pathway for success!

Dealing with organizations, the individual experiences various business situations.

This helps them to develop certain skills on which they can capitalize in the future.

Management gives the individuals an opportunity to learn the basic things needed to run a particular organization.

One can learn and grow faster while working in an organization.

It helps an individual to meet various team leaders who can act as a guideline in their path to success.

To say, management is a profitable field for both employees and employers.

Businesses can thrive on the robust principles to achieve their profits ethically.

More than the knowledge of this field , however what is important is implementation and consistency.

This allows an individual to benefit in the long run and at the same time provides a value driven approach for both the parties.

It promotes inner qualities of an individual and in a way, the individual profits while working with organizations.

It’s a very broad field which provides many opportunities, which, if optimally explored, has  lots to offer.

Books or practice?

One cannot learn this subject mere in books.

The best happens to those who have hands on experience of working with organizations.

Organizations give you designation tags as you progress in your experience.

For example , assistant manager, manager , senior manager etc.

These differ according to your skills.

Most organizations also attach revenue targets with your designations and your payout.

It is great way for them to manage their cost and employee productivity.

What’s in it for you ?

Wel , you stay motivated in your job and deliver what’s expected.

Target jobs are important to keep you going.

Moreover, even thought they might seem overwhelming in the first go , they help you grow, EXPONENTIALLY.

So, if you wish to enjoy the benefits of what this field has to offer, take up a corporate job or business.

Nobody is perfect and in this field ,the best part is that differences are accepted with respect.

We all learn from each other and on this path of development, we cannot forget the management skills.

Not only professionally, we need to have managerial skilsl even in our personal lives.

“Work-life-balance” is the buzz of the market and has always been labelled as difficult to achieve.

The truth is , it boils down to how you manage.

If you can figure out a way to optimally handle your work and deal with your personal life, you are a manager!

Scope of management !

Management covers various aspects of organizations and the business world.

It includes broad branches like marketing , operations management , finance , accounting , human resources etc.

Each of these are separate fields and are comprehensive in nature.

There are many courses like Masters of Business management , bachelors of business management etc.

People take up these courses which are offered in both full-time and part-time.

Moreover, there are colleges which offer doctoral degrees as well into this field.

It is the key to long term sustenance of any organization in today’s world.

Check out these famous quotes which would give you deeper insights from experienced veterans-

“All the managers I interviewed had the same sense of identity and self-assurance. None of them were arrogant. Instead, they were clear about who they were and what needed accomplishing. They used that sense of self to engage their team and learn each team member’s strengths and contributions. Their courage and confidence were infectious to their team and to anyone who crossed their paths.”

Raymond Wheeler, Lift: Five Practices Great Managers Do Consistently: Raise Performance and Morale – See Your Employees Thrive

“One cannot measure a manager’s knowledge and performance in a vacuum. It involves their participation in business activities while bringing all of themselves to the process of development, including their spiritual, personal, and skill & ability development.”

― Raymond Wheeler, Lift: Five Practices Great Managers Do Consistently: Raise Performance and Morale – See Your Employees Thrive

“Consider how hard it is to change yourself and you’ll understand what little chance you have in trying to change others”

― Peter Bevelin, All I Want To Know Is Where I’m Going To Die So I’ll Never Go There

Management and People

“Too many companies believe people are interchangeable. Truly gifted people never are. They have unique talents. Such people cannot be forced into roles they are not suited for, nor should they be. Effective leaders allow great people to do the work they were born to do.”

― Warren Bennis, Organizing Genius: The Secrets of Creative Collaboration

“As I have earlier noted, the most important things in life and in business can’t be measured. The trite bromide ‘If you can measure it, you can manage it’ has been a hindrance in the building a great real-world organization, just as it has been a hindrance in evaluating the real-world economy. It is character, not numbers, that make the world go ‘round. How can we possibly measure the qualities of human existence that give our lives and careers meaning?

How about grace, kindness, and integrity? What value do we put on passion, devotion, and trust? How much do cheerfulness, the lilt of a human voice, and a touch of pride add to our lives? Tell me, please, if you can, how to value friendship, cooperation, dedication, and spirit. Categorically, the firm that ignores the intangible qualities that the human beings who are our colleagues bring to their careers will never build a great workforce or a great organization.”

― John C. Bogle, Enough.: True Measures of Money, Business, and Life