What Is Management? Definition, Types, Skills, and Careers (2024)

Written by Coursera Staff • Updated on

Find out what managers do within organizations and discover different management styles, job titles, and more.

What Is Management? Definition, Types, Skills, and Careers (1)

Management is how businesses organize and direct workflow, operations, and employees to meet company goals. The primary goal of management is to create an environment that empowers employees to work efficiently and productively. A solid organizational structure guides employees and establishes the tone and focus of their work.

Managers are involved in implementing and evaluating these structures. As a manager, you may be responsible for doing any of the following tasks:

  • Create goals and objectives

  • Create schedules

  • Develop strategies to increase performance, productivity, and efficiency

  • Ensure compliance with company policies and industry regulations

  • Mentor employees

  • Monitor budgets, productivity levels, and performance

  • Resolve customer problems

  • Train staff

In this article, you'll learn more about management, its different styles, what managers do, and the jobs you can expect to encounter in the field. If you're ready to start taking steps toward a management career, consider enrolling in the University of London's free course, The Manager's Toolkit: A Practical Guide to Managing People at Work.

Key functions of a manager

Managers have several functions within an organization. You'll usually see these functions divided into four interconnected groups. Understanding them can help you identify your strengths and areas of need so that you can choose the proper training to improve your skills.

Planning

The first function of a manager is to set goals. These goals may be for individual employees, departments, or the entire organization, depending on the manager's level of responsibility. In addition to setting goals, managers often develop action items along with strategies and resources to complete tasks and meet goals.

Organizing

Meeting organizational goals requires putting the right people in the right places. Managers can play an important role in choosing workers for positions and projects. Knowing how to group people and help them build relationships often significantly affects how well the group works together. Sometimes managers need to train employees for specific tasks to ensure they have the knowledge and skills they need to succeed.

Motivating

Managers help motivate employees to show up and stay productive. This includes sharing a common vision, encouraging them to develop their strengths, and inspiring them to do their best work at all times. Having effective communication skills is essential for filling this role.

Evaluating

Managers typically spend time measuring the success of their teams and how well they meet goals. The more they understand what works and doesn't work, the better prepared they are to make decisions in the future. Managers must understand and adjust strategies to meet company goals.

Watch this video on the process of performance management, an important part of helping employees reach their potential:

Read more: What Is Management Science? + How to Enter This Field

Levels of management

In many organizations, management falls into one of three levels: top, middle, and low. Managers in smaller companies may fill roles at more than one level, while larger organizations may have several managers within each level.

  • Top: Top-level management typically has an administrative role, and their decisions affect the entire organization even though they sometimes aren’t involved in the day-to-day operations. They may have the title of chief executive officer (CEO) or serve on the board of directors.

  • Middle: You find people with executive roles at the middle management level. They work with both top-level management and supervisors to help workers meet objectives and boost the company's productivity. At this level, they may be called regional managers or general managers.

  • Low: The final level of management often has a supervisory role. These managers have titles like shift supervisor, branch manager, or team leader. They work with individuals and teams to meet goals determined by upper management. They typically have less influence over company policy compared to the other management levels, but the most interaction with direct reports.

Read more: 11 Key Project Management Skills

Management styles

The way you choose to manage your team or department can have a direct effect on how they're able to meet their goals. What you say and do may send powerful messages to employees about how you value their contributions and your level of trust in them. Understanding different management styles and when they're most and least useful may be helpful. The list below highlights some of the more common styles used by managers.

Authoritative

Authoritative leaders tend to make decisions without feedback from others. This approach works well when you need to respond quickly to a situation and don't have time for debate. If you rely on this approach too much, you may see high levels of turnover within the organization and stalled innovation.

Coaching

Some managers view their role as that of a coach who sees the potential in employees and wants to help them grow. This can effectively build strong teams and create an environment where employees feel comfortable experimenting. Employees typically have a sense of autonomy under this style, but those needing more direction may feel neglected.

Democratic

Democratic managers value the input of employees in the decision-making process and usually believe having more ideas is better than having a few. This management style may help empower and motivate employees to work toward common goals. However, sorting through all of the voices and finding a consensus to make a decision can take time.

Transformational

In a transformational management style, managers prioritize innovation and growth. These managers encourage employees to discover just what they're capable of achieving. Workers with transformational leaders tend to be happy and dedicated to their work, but they must be able to adapt to sudden changes.

Visionary

A visionary leader knows how to ensure every team member understands the company's vision and is working toward a common goal. These leaders tend to be excellent communicators and typically give workers plenty of autonomy as long as they effectively execute the vision.

Careers in management

Managers work in almost every type of company and industry. The US Bureau of Labor Statistics (BLS) expects management positions to grow faster than average by 2032 as entrepreneurs start new companies and existing organizations expand their operations [1]. The following management job titles show how varied these positions can be.

Advertising, promotions, and marketing managers

Median annual salary (US): $138,730 [2]

Job outlook (projected growth from 2022 to 2032): 6 percent

As an advertising, promotions, or marketing manager, you help companies promote their products and services through strategic campaigns. You'll typically need a bachelor's degree in marketing, communications, or advertising to qualify for this type of position. Before becoming a manager, you may build work experience as a sales representative, buyer, or public relations specialist.

Construction managers

Median annual salary (US): $101,480 [3]

Job outlook (projected growth from 2022 to 2032): 5 percent

Construction managers typically divide their time between the office and a construction site. In this role, you may set budgets, hire sub-contractors or crew members, oversee their work, and adjust plans to meet deadlines. Depending on your employer, you may need a bachelor's degree in construction, business, or engineering, along with experience as a skilled worker or intern in the construction field.

Read more: How to Become a Construction Manager: Your Guide

Financial managers

Median annual salary (US): $139,790 [4]

Job outlook (projected growth from 2022 to 2032): 16%

As a financial manager, you may work in various environments where you analyze data, create financial reports, and help individuals or companies set and meet financial goals. Before pursuing this career, you'll need a bachelor's degree in accounting, finance, business, or economics. In some cases, you may want to earn industry certification as well. You can work your way up into this role through experience as a loan officer, an accountant, or similar positions within a company.

Read more: What Is Finance Management?

Food service managers

Median annual salary (US): $61,310 [5]

Job outlook (projected growth from 2022 to 2032): little or no change

Food service managers work in restaurants, cafeterias, and hotels, overseeing kitchen and wait staff. In this position, you may create schedules, order supplies, and ensure employees follow food safety guidelines. Although you can usually enter this field with a high school diploma or equivalent, you may find it helpful to earn a degree in hospitality management or culinary studies. You’ll likely need some experience working in a restaurant as a cook, waiter, or food prep supervisor.

Read more: What Is Hospitality Management? Careers, Skills, Salaries, and More

Medical and health services managers

Median annual salary (US): $104,830 [6]

Job outlook (projected growth from 2022 to 2032): 28 percent

As a medical or health services manager, you may work in a doctor's office, hospital, rehab facility, or similar environment where you may supervise and coordinate health care providers and support staff’s work. You'll need at least a bachelor's degree in health care administration or nursing, and many people in this role also have a master's degree. In addition to the degree, you may consider working in a variety of related positions like administrative assistant, billing clerk, or medical records specialist to gain work experience.

Sales manager

Median annual salary (US): $130,600 [7]

Job outlook (projected growth from 2022 to 2032): 4 percent

Sales managers supervise the team of sales professionals in an organization. As a sales manager, you can expect to set goals and quotas for individual sales representatives and teams and track their progress. You may be called upon to speak with customers and handle complaints. You may need a bachelor's degree to qualify for this type of position, but sometimes having experience as a sales representative or buyer can be just as important.

Read more: 4 Questions to Ask Before Pursuing a Sales Manager Career

Explore management with Coursera

Building and expanding your management skills can be helpful no matter where you are in your career. Coursera offers a variety of courses from top companies and educational institutions to meet your needs.

To explore what managers do and build foundational skills, consider the University of London's free course, The Manager's Toolkit: A Practical Guide to Managing People at Work. This program covers decision making, leadereship, performance management, and more.

Learn ways to motivate and influence people in the Leading People and Teams Specialization from the University of Michigan. This program covers recruiting and onboarding talent, improving teamwork and collaboration, resolving conflict, and more.

Delve into project management and earn a credential in the Google Project Management: Professional Certificate. This program covers Agile and Scrum practices, documenting projects, communicating with stakeholders, and more.

Updated on

Written by:

C

Coursera Staff

Editorial Team

Coursera’s editorial team is comprised of highly experienced professional editors, writers, and fact...

This content has been made available for informational purposes only. Learners are advised to conduct additional research to ensure that courses and other credentials pursued meet their personal, professional, and financial goals.

What Is Management? Definition, Types, Skills, and Careers (2024)

FAQs

What Is Management? Definition, Types, Skills, and Careers? ›

It involves planning, organizing, leading, and controlling human, financial, and informational resources to achieve desired goals efficiently and effectively. At its core, management focuses on creating an environment where individuals can work together harmoniously and productively.

What is management definition, types, skills, and careers? ›

Management is how businesses organize and direct workflow, operations, and employees to meet company goals. The primary goal of management is to create an environment that lets employees work efficiently and productively.

What is management with answer? ›

Management is a dynamic process of getting things done by others with the aim of achieving common goals effectively and efficiently. For management to implement smoothly in an organisation, all the functions starting from planning to organizing then staffing to directing and ending up with controlling is essential.

What is management skill answer? ›

Management skills are a collection of abilities that include things such as business planning, decision-making, problem-solving, communication, delegation, and time management.

What is the simple definition of management? ›

Management means directing and controlling a group of people or an organization to reach a goal. Management often means the deployment and manipulation of human resources, financial resources, technological resources, and natural resources.

What is management as a skill? ›

What are management skills? Management skills are abilities and traits needed to perform certain duties, usually as it pertains to overseeing a team, such as solving problems, communicating well, and motivating employees. Such skills can be learned through practical experience or in courses and then honed on the job.

What is management as a career? ›

Management as a Profession Explanation

The definition of management states that it is the act of coordinating and administrating a workforce to achieve a target. This includes building strategies and manoeuvring the workforce accordingly to optimize its potential.

What is the management answer in one sentence? ›

Management is a set of principles relating to the functions of planning, organizing, directing and controlling, and the application of these principles in harnessing physical, financial, human and informational resources efficiently and effectively to achieve organizational goals.

What is management in my own words? ›

The definition of management is the way something is handled, careful treatment, supervising skills, or those in charge of a business or group. An example of management is how a person handles their personal finances. An example of management is the show of concern when dealing with something fragile.

What is management by example? ›

Leading by example: you will demonstrate your leadership by setting an example for your team and walking the talk. It is important since you will have a direct impact on the way your team will perceive management and managers. I often say that, as a manager, you are the product of your managers.

What are career management skills? ›

What are Career Management Skills? Building the Curriculum 4 defines career management skills as “the skills, knowledge and self- awareness to develop aspirational career aims and the confidence to take actions in one's life time and again as career opportunities arise and as work and learning options change”.

What are best management skills? ›

7 skills for a successful management career
  • Interpersonal skills.
  • Communication and motivation.
  • Organisation and delegation.
  • Forward planning and strategic thinking.
  • Problem solving and decision-making.
  • Commercial awareness.
  • Mentoring.
  • How do I develop leadership and management skills?

What are the three main types of skills? ›

In general, you should focus on three types of skill areas: functional, self-management and special knowledge skills. In this post, we'll explore why these skills are so important and reveal how they can benefit your career.

What is management in an answer? ›

Management can be defined as a process of getting the work or the task done that is required for achieving the goals of an organisation in an efficient and effective manner. Process implies the functions of the management. That is, planning, organising, staffing, directing and controlling.

What is management of work in simple words? ›

Work management is a broad system and way of getting work done, which includes projects, planning, and processes. This holistic way of working focuses on connecting the dots between teams, providing clarity, and streamlining cross-functional collaboration.

Why is management important? ›

Management is the process of planning, organizing, leading, and controlling the resources and activities of an organization to achieve its goals. Management is important because it helps to coordinate the efforts of different people, improve efficiency and effectiveness, and ensure quality and consistency.

What is the best definition of career management? ›

Career Management is a life-long process of investing resources to accomplish your future career goals. It is a continuing process that allows you to adapt to the changing demands of our dynamic economy.

What are the 4 categories of management? ›

There are four primary management styles—Autocratic, Democratic, Laissez-faire, and Persuasive—each with specific advantages and disadvantages in various business scenarios.

What are the 5 basic principles of management? ›

Good managers discover how to master five basic functions: planning, organizing, staffing, leading, and controlling. Planning: This step involves mapping out exactly how to achieve a particular goal. Say, for example, that the organization's goal is to improve company sales.

Top Articles
Equity Funds - Meaning, Types, & Benefits
7 Ways To Use Groupon You May Not Know About
Canya 7 Drawer Dresser
Tryst Utah
Craigslist Cars And Trucks For Sale By Owner Indianapolis
Triumph Speed Twin 2025 e Speed Twin RS, nelle concessionarie da gennaio 2025 - News - Moto.it
More Apt To Complain Crossword
ds. J.C. van Trigt - Lukas 23:42-43 - Preekaantekeningen
Regular Clear vs Low Iron Glass for Shower Doors
18443168434
How Many Cc's Is A 96 Cubic Inch Engine
Money blog: Domino's withdraws popular dips; 'we got our dream £30k kitchen for £1,000'
Costco Gas Foster City
Swgoh Blind Characters
Libinick
Silive Obituary
Selfservice Bright Lending
Grimes County Busted Newspaper
Craigslist Roseburg Oregon Free Stuff
Dark Entreaty Ffxiv
Обзор Joxi: Что это такое? Отзывы, аналоги, сайт и инструкции | APS
Cpt 90677 Reimbursem*nt 2023
BJ 이름 찾는다 꼭 도와줘라 | 짤방 | 일베저장소
Apparent assassination attempt | Suspect never had Trump in sight, did not get off shot: Officials
Truvy Back Office Login
Gma' Deals & Steals Today
Login.castlebranch.com
Santa Barbara Craigs List
Martin Village Stm 16 & Imax
Gwu Apps
Radical Red Doc
Trap Candy Strain Leafly
How To Upgrade Stamina In Blox Fruits
Craigslist - Pets for Sale or Adoption in Hawley, PA
Carroll White Remc Outage Map
The Conners Season 5 Wiki
Valls family wants to build a hotel near Versailles Restaurant
Sound Of Freedom Showtimes Near Amc Mountainside 10
22 Golden Rules for Fitness Beginners – Barnes Corner Fitness
Interminable Rooms
Devotion Showtimes Near Showplace Icon At Valley Fair
Joy Taylor Nip Slip
Mit diesen geheimen Codes verständigen sich Crew-Mitglieder
The 13 best home gym equipment and machines of 2023
Shiftselect Carolinas
Pronósticos Gulfstream Park Nicoletti
Heat Wave and Summer Temperature Data for Oklahoma City, Oklahoma
Noelleleyva Leaks
Leslie's Pool Supply Redding California
Generator für Fantasie-Ortsnamen: Finden Sie den perfekten Namen
Latest Posts
Article information

Author: Aron Pacocha

Last Updated:

Views: 5824

Rating: 4.8 / 5 (68 voted)

Reviews: 83% of readers found this page helpful

Author information

Name: Aron Pacocha

Birthday: 1999-08-12

Address: 3808 Moen Corner, Gorczanyport, FL 67364-2074

Phone: +393457723392

Job: Retail Consultant

Hobby: Jewelry making, Cooking, Gaming, Reading, Juggling, Cabaret, Origami

Introduction: My name is Aron Pacocha, I am a happy, tasty, innocent, proud, talented, courageous, magnificent person who loves writing and wants to share my knowledge and understanding with you.