The term management as a technique explains how managers decide on the best way to get things done using a mix of business resources. The technique used in getting things done in one entity might be different from that of others. Let us discuss it in this article.
Management as a technique is defined
Management as a technique means the unique way a manager applies man, machine, money, and information to doing things and getting things done. So, this unique method can be applied continuously for similar tasks.
It can be defined as the use of material, methods, and knowledge to get things done in the best possible alternative while keeping costs low.
Key points explained
Materials referred to the inputs used in the production process. It is required to produce an output or product. Materials include raw materials, consumables, work-in-progress, and finished goods.
Service firms may require materials to get things done. For example, a dentist may require an artificial tooth to replace broken ones. The artificial tooth is a material required by dentists to perform their service.
Methods are how managers will utilise business resources. A manager must decide which method best fits the available resources. The method chosen is usually unique to the manager.
The methods come in different forms. If a manager wants to carry out a project, a Gantt Chart might be useful for planning each stage of the project. If the company wants to improve operations, it might consider just-in-time, total quality management or six sigma principles.
Knowledge or technical know-how is the practical knowledge of the manager on the job. Good managers understand the job process. They may have years of experience handling the role.
For example, a finance manager heading the accounting and finance team must have in-depth knowledge of accounting and financial management. This will help him provide accurate reports and make better financial decisions.
Effectiveness means doing things and getting them done correctly. Effectiveness is not concerned with the amount of money spent on doing a task. Instead, it helps management do the right thing.
Importance of management as a technique
Management as a technique helps managers perform their tasks in a unique way. The application of material, methods and technical know-how of a manager will result in effectiveness.
The production process can be controlled using a particular method that works for the organisation. This will boost customer loyalty and increase the revenue of the entity.
When a specific management method is used, it is easier to make decisions based on it. This is true for routine decision-making. Such as when the machine is faulty. The decision using the previous scenario can be replicated in new cases.
Applying a unique approach in a team can help with team bonding. Every member of the team knows what they should do at each business process. When a member is failing in the process, he/she can be corrected immediately.