Management- A profession spreading happiness beyond business

03Oct,2020
By Editorial

Management is a dynamic operation with three main dimensions such as (a) creating and selling, (b) people’s management, and (c) product manufacturing and providing services. Management includes supervisory positions of the company, the CEO. Also, there are executives, team leaders, product and project managers and a range of other roles which remain management positions regardless of title.

Know more: Career in Event Management: A Profession Spreading Happiness beyond Business

What do they do?

The individual manager's emphasis varies based on the relative position within the organisation. The task of the administrators includes:

  • Hiring and expanding their teams of skilled workers
  • Supervising the team's progress against main priorities and targets 
  • Participate in the development of plans and priorities
  • To cultivate a friendly working climate for all participants
  • Generate reports, monitor KPIs 
  • Performing innovative or problem-solving projects
  • Communicating new strategies, plans, proposals and outcomes

Skills required pursuing Management as a career

  • Leadership skills: managers should be passionate and positive, clearly define objectives and goals, while ensuring a high team spirit and motivation. 
  • Communication skills: as a manager, they are of special significance being the first line of contact between senior management and entry-level staff. It's the job to make communication flow up, down and across the company transparent and honest.
  • Interpersonal skills: a strong sense of emotional intelligence is also important. This can help in understanding the actions, perceptions and emotions of others, which, in turn, can help you understand how best to handle a situation and change your plans accordingly.
  • Commercial awareness: if its nutrition, marketing and culture, finance and banking, you're going to need the industry skills you need to help make your company a success.

Benefits of pursuing a career in Management

  • Communication skill is improved
  • Personalized feedback and self-assessment
  • Deep insight into the role of the manager
  • Helps in establishing one’s leadership and training skills.
  • A better understanding of the management of change
  • Helps in improving decision-making skills
  • Opportunities to work with different people from different background

Career options in Management

  • Accounting Management: The job includes analysis, planning, execution and supervision of programmes to report accounts. The work is to maintain accounts, cash flows, balance sheets, reports, etc.
  • Biotech Management: The management of biotechnology or short-term biotechnology management has recently been one of the most significant job opportunities from the field of management. It is a research field that needs both management expertise and biotechnology.
  • Business Management: A career in business management focuses on enterprise process planning, implementation, research and control.
  • Cooperative Management
  • Dairy Technology and Management: The course emphasis is on the basic insight of students on milk farms productivity, strategic planning, investment in milk storage, growth, and management of milk farms, cooperatives and industries. milk processing is a significant part of the training.
  • Event Management: Career as event management includes planning, budgeting, executive events, visualizing concepts etc. 
  • Export Management: The export manager's function includes the design, planning, delivery or transportation of a customer's product or service. 
  • Financial Management: Financial management refers to the management of the finance of an enterprise or organisation to achieve financial goals.
  • Foreign Trade: A career in international trade has thus become a profitable choice that provides global jobs environment for growth exchange and international business students
  • Hotel Management: Hotel management roles include a wide variety of expertise such as food and drink, front office operations, advertising and marketing, accounting etc.
  • Hospital Management: Hospital administration is a modern organisational concept. It is time for a senior physician to be compensated for the position of a hospital director
  • Hospitality Management
  • Human Resource Management: Employee recruiting and their preparation, compensation administration and maintenance of workplace partnerships are all part of human resources management work.
  • Industrial Management: Industrial management is an industry which aims to develop and manage structures that involve individuals, materials and resources in a profitable manner.
  • Personnel Management
  • Retail Management: The job of retail management relies on merchandising and distribution. It involves buying, store management, e-tailing, etc. 
  • Rural Management: The aim of rural management is so that the whole country can make progress and prosperity, it is the responsibility of educated masses, particularly skilled rural leaders, to help villagers in their growth.
  • Sales & Marketing Management: Sales management focuses on the creation of a marketing team, leadership of a sales team, sales operation planning and the application of marketing tactics
  • Tea Management: Tea Management is a largely unknown management speciality in India but provides a rare opportunity for a career. The numerous tea management professions available in India are Control of tea plantations, sampling, selling of tea, branding.
  • Textile Management: After agriculture, the textile industry is considered to be the second-largest employer. As the market expands exponentially, management graduates with expertise covering from innovation to sales development need to be able to expand.

So management degree provides graduates with comprehensive business, economics, core business skills and with a variety of practical credentials and job experience that graduate employers and academics are strongly strived-after. Students of management degrees have a wide background of accounting, economics, industry and industrial subjects. Most degrees in management have a very practical focus, which includes opportunities to complete work and professional projects. There is a lot of demand increasing in the field of management and various job profiles are introduced daily. 

Read more: List of Top Management Schools Accepting MAT Score in Your Region

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