Effective Management and Leadership in Hospitals Research Paper - 1

Effective Management and Leadership in Hospitals - Research Paper Example By describing the objectives of organization visibly, there would be no waste of time, effort and money. Management alters disorganized resources of human factor, machinery, money etc. into the valuable enterprise. These resources are synchronized, focused and organized in such a manner that initiative work towards the accomplishment of goals. Moreover, it inspires the optimal application of resources - Management employs all the physical & human resources effectively. This leads to effectiveness in management. Management allows us to achieve maximum utilization of limited resources by choosing its finest possible alternate use in business from out of a range of uses. It employs professionals and these services result in the proper use of their abilities, knowledge, and proper utilization and evade wastage. If employees and machines are manufacturing at their maximum, there will be no underemployment of any resources. Management also diminishes costs as it gets maximum results through minimum input by proper planning and by using minimum input and getting maximum output. Management uses physical, financial and human resources in a manner that leads to the best combination. This aids in the reduction of costs. In addition to that, management creates rigorous organizations as there is no overlying of energies through well-defined and synchronised roles. To establish a sound organizational arrangement is one of the objectives of management which is in sync with the organizational objectives and for execution of this, it launches effective authority & responsibility. Effective management creates equilibrium as it allows the organization to endure varying environment. It stays in collaboration with this changing environment. It is also accountable for growth as well as the survival of a business (Hesketh & Laidlaw, 2010).