What is Administrative Management?

The administrative management It refers to the set of activities that are carried out in order to run a company through conduits that come from resources, effort and the different tasks performed.

Thanks to its ability to coordinate and control the various actions and roles that are carried out within the company, it is possible to achieve the proposed objectives and prevent possible problems that may arise present.

Good administrative management favors the proper systematic management and obtaining the results that benefit the company. This process is very important, since it helps the company to contemplate all the processes and means necessary to achieve the objectives and reduce any negative effects.

Administrative management characteristics

This type of procedure includes a series of characteristics such as the following:

• It is considered as an art within the world of finance.
• From an administrative point of view, it analyzes any decision of the company that is related to commercial policy, product value, investments and budgets, among others.
• Optimize process management to facilitate efficient work execution.
• It manages to coordinate and motivate people and thus achieve both individual and collective goals.
• Produces an economically stable society to improve social norms.

Administrative management functions

Within this management there are certain functions so that the objectives are achieved through people in conjunction with other resources, among these functions we can contemplate the following:

Planning

This is the main function of this process where stages are developed that consist of projecting goals, determining all the Necessary resources, objectives are defined and the activities to be carried out are classified in periods of time determined.

Organization

It consists of the structural training that distributes the economic and human resources that the company has at your disposal to be able to do a good job development and achieve the planning of the objectives.

Within this function the areas of the company are established and the activities in each of the jobs are classified together with the trained personnel.

Address

It is about the execution of all the strategies that have been planned, which will be led towards the objectives through motivation, leadership and communication to maintain the incentive of workers, fluency in communication in jobs where evaluations are carried out continuous.

Control

It refers to the constant checking of activities and their progress in conjunction with the planning of strategies and in this way make appropriate decisions, correct activities, solve possible problems and evaluate the results.

It is appropriate that the administrative management is carried out in a transparent and professional manner, so that the measurement of the objectives that are verified with the planning has favorable results.

Types of administrative management

This process is classified as follows:

• Social management: It is a process of actions and decision-making, where possible problems are studied, to redesign and execute the proposals.
• Knowledge management: By imparting experiences and knowledge to participants, resources can be used appropriately.
• Strategic management: By carrying out activities together with other management systems, processes can be developed efficiently in business.
• Managerial management: These are the activities that are oriented within the production of specialized products or services in the company.
• Technology management: This assumes and carries out processes where decisions are made related to strategies, actions, policies and schedules that relate to the use, creation and projection of everything that comprises the system technological.
• Financial management: Focuses on production and efficient use of economic resources.
• Environment management: It is the process that helps to effectively manage the environmental system according to reasonable development. Through this process, a good conduct of activities that can affect the environment can be achieved in order to make a correct management that improves the quality of life.
• Project management: Facilitates the good administration and organization of resources, so that all the work of a certain project can be carried out and specified within the budget and planned time.

Administrative management benefits

This type of procedure provides a series of benefits to companies, which helps them to develop successfully, among the most important advantages are the following:

Focus on the importance of goals

Without this type of process it is difficult to focus on the objectives, therefore, effective planning is necessary, where they are executed specific strategies, together with an organized and productive team that has the ability to achieve the company's short, medium and long term.

Increase production

This system allows a large number of procedures to be carried out in a simple and improved way, since that provides the opportunity to change those processes that increase efficiency in the production.

Through the changes and adjustments, the work team is much more productive and efficient and in this way the administrative manager can focus calmly on other activities.

Greater production

When strategies are designed and efficient indicators are defined, work teams act wisely to save more money and improve product production. By having a well-organized structure, there is a greater probability of solving problems and in this way the company can satisfy its employees and its customers.

Fundamental responsibilities of administrative management

Within a company, the administrative manager looks for the way to achieve the objectives through planning and the fulfillment of various responsibilities such as the following:

• Reflect on possible scenarios that help avoid problems.
• Efficiently organize financial resources.
• Have knowledge and analyze the problems of the company and in turn face them and manifest solutions.
• Demonstrate good leadership in difficult processes and situations.