Important Elements in Management Activities
Important Elements in Management Activities
1. Definition of Management
In general, management is defined as a process in which a person or individual can manage everything that is done by an individual or group.
2. 6 Important Elements in Management Activities
After we know the definition of management both in general and according to experts, this time we will discuss what are the important elements in management activities.
Of course, so that the performance of management in the process of doing business activities can run smoothly and also smoothly, there are several elements that need attention. Each of these elements is bound and complementary to one another and we must be positioned equally. In general, there are 6 elements in management activities.
These 6 elements in management are called 6M, so what are the 6 elements?
2.1. Man (Human Resources)
The most vital first management element is human resources. Humans are the elements that make planning and those who carry out the process to achieve these goals. Without human resources there is no work process, because basically they are workers.
2.2. Money
In carrying out all the activities of the day-to-day companies can not be separated from their main raw materials, which are called the costs measured in units of money.
With sufficient money or funds, the company's management activities can be more flexible in carrying out a variety of efficiencies in order to achieve the company's ultimate goal, namely to obtain maximum profit or profit.
2.3. Materials (raw material)
The third element is Material, the availability of raw materials or material is also a very vital element in a production process. Without raw materials or materials, manufacturing companies will not be able to process or produce anything to sell.
In processing it also requires experts to be able to process and process raw materials or raw materials had become finished goods or semi-finished goods. The elements of Human Resources and raw materials are very closely related to each other and cannot be separated.
2.4. Machines
Then to process the raw materials or materials into goods that can be used, then we need a series of tools that work endlessly called the machine, in addition it also requires work equipment.
With the machine, the time we need in the production process will be faster and more efficient.
In addition to being efficient, machines can also reduce the level of human error, but reliable resources and quality raw materials are needed to obtain maximum results.
2.5. Methods
To manage the various elements that are above in the application of management we need a standard method or standard operational procedure.
Like only divisions that exist within the company that has a variety of main functions of the task or a separate job desk, where each division is closely interrelated in carrying out company activities.
2.6. Market
Consumer or market is a very important element in management, without the demand or need for a product or service, the production process will stop and all company activities will be vacuum.
In order to master the market segmentation, the management must have a reliable marketing strategy and be able to compete with similar market competitors in terms of price, quality and quantity.
The six elements of management above are closely related to each other, and each element is very important in the application of management functions to achieve maximum results and efficiency in company activities.
Purchasing raw materials or material values will be much cheaper if done by cash payment. Likewise with the quantity or quantity, the more quantity ordered, the automatic amount will get a special discount from the vendor.
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