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Financial administration

Introduction of the idea of the administration of companies

In order to understand the idea of the enterprise management it is necessary to establish that an institution that will be administered, that is to say, a group of people does not exist who are related in certain surroundings, physicists or of another one, directed towards a common goal that it is the company. Of the company, it means the development, organized here the human efforts, facts common with a specific intention, a goal. The institutions (companies) can be public or private, for charity or for charity.

At the moment it is used this Great or small word for stores, industrialist, services, etc., that its meaning in the title of the profession does not reveal.

The necessity to organize the institutions born from the industrial revolution brought with himself the one of other professionals in oldest, to look for specific solutions problems that did not exist before. The search of special methods to handle these changes gave rise to the rudimentos of the management science.

It is not necessary to confuse the management of a house or in our personal life that has its own art, but the empirical administration of an institution, considers this here like a generic term for the development of the businesses.

Development of the concept

As science is a branch of the humanities, social, it said, because it is human groups. From the historical point of view, with time, it is a specialization of the law, but also the economy.

From always the men reunited in tribes with the purpose of to defend themselves to themselves, to develop to the relations that to obey the rules of the law. These relations, when it is possible to be measured quantitatively to follow the principles of the economy. Other institutions, for charity, to measure the ROI of their efforts to satisfy the needs with their hearing in no way must be managed.

Therefore science like of the glance of the administration, but is not necessary to confuse with the law and the economy, that at the moment are its scientific base and of support, as well as the mathematical financier, accounting, statistics. Equally important for the science of psychology and the sociology of management. Without doing without YOU.

Institutions of Public Right and Institutions of Private Right for charity created by or for social aims, depend on the science of the management for the work, as well as of the vehicle, the conductor must lead.

The administration is a social science applied on the base of a set of norms and disciplinary functions created for the production elements. The administration is studying the human efforts to obtain an effective result and the financial yield of a sustainable and socially responsible way, that is to say, is impossible to speak in Administration not to mention goals. In summary, the administrator is the bridge between means (financiers, technological and human) and the aims (objectives). As a bond between the resources and the goals, the administrator will have to combine the resources in the suitable proportion and that is needed is constantly the decision making in a context of limitations, because no organization is better than she has all the resources and the capacity of information processing in the human beings is limited. To administer implies the preparation of plans, opinions, information, projects, and the by arbitration awards, the application of the inherent knowledge to the techniques of the Administration is required. Administration is divided basically in five areas: human finances, logistic, marketing, sales or of production and resources. Some modern students include in this division of YOU (Technologies of the Information) and the R+D, that is to say, the one of Investigation, Development and Innovation. Because the administration has several sciences as it bases, the dispute administrator of its space with different professional areas. In the finances, the economists and accountants compete by space with. In marketing, they compete by space with the advertisers. In the production, they compete by the space with the engineers. In human resources, they compete by space with the psychologists.

The administrator profession is historically recent and was regulated in Brazil in September 9, 1965, in that we commemorated the Day of the Administrator.

The administrators of first professional (administrator of the contract, that is not the proprietor of the company) were those who obtained the British merchant marine from century XVII.

In agreement with John W. Riegel, “the successful development of the executives of a company is the result to a great extent of the performance and the capacity of its managers in its paper of educators. Each principle to assume this role when one is to orient and to facilitate the efforts of his subordinates to develop.

The administrative functions

Fayol was first in defining the basic functions of the Administrator to plan, to organize, to direct, to coordinate and to direct - POCCC. Now, in their majority with the contributions of the neoclassic approach of the Administration, in which one of the great names is Peter Drucker, the principles have been redesigned and are known like planning, organizing, to direct and to control (PODC). It is possible to emphasize, then, that these functions those that the change in the approach was “the control and coordination, that before was called the head (Leadership).

At present, the main administrative functions are:

  • To determine objectives (planning);
  • To analyze: to know the problems;
  • Solution of problems;
  • To organize the resources and to assign the resources (technological financiers and the people);
  • To communicate, to manage and to motivate people (of lead);
  • To negotiate;
  • To make decisions (fast and precise);
  • To measure and to evaluate (control).

The characteristics of the administrator

According to Allen (2004), “the functions of the administrator initially are defined as: planning, organization, control, coordination and control. Nevertheless, this classification is very extended, is common to even find that in several books and even in the newspapers that were condensed in four categories. They are: the planning, organization, direction and control?.

Plan: “to define the future of the company, especially its goals, as it is obtained and which are their intentions and objectives? (Araujo, 169, 2004), or “tool that the people and the organizations use to manage their relations with the future. A specific application of the decision making?. (Maximiano, 105, 2002).

The planning consists of determining the present than it is expected for the future of the organization, who implies decisions must be adopted in the objectives and intentions are obtained.

It organizes: You can see that [...] if outside possible the sequence, would think that after objective drawing (s) (s) (s) of the organization (s), it is necessary that the activities are appropriate for the people and the resources the organization, that is to say, is the moment for defining what is due to do, who must become, is due to do, at which the person must inform what it is needed to carry out the task. (Araujo, 169, 2004).

Then, “the organization is the process to have a set of characteristics in a structure that facilitates the attainment of objectives. The results of processes of organization in the order of the parts of a whole, or to divide to a whole in parts ordinate?. (Maximiano, 111, 2002).

Leadership: it consists of influencing people to work in a common objective. Objective (s) and operation (s), defined responsibilities, that at the moment a basic competition has, that is to say, to influence in the people so that the pre-selected targets are reached. “(Araujo, 170, 2004).

The key for this is the use of its affection, its interaction with the environment where it operates.

In the management it is not enough to be a good person must have been born to win, this victory that is related to the constant search of challenges, with bravery to mobilize, to assume its role against its pairs, to its employees and their supervisors.

The key for this is the use of its affection, its interaction with the environment where it operates. (very superficially)

Speaking of affection it can mean to be united partially to a system of personnel management.

When one is the management of people is important to consider is competent to recognize the competitions and abilities.

Work, and taking to people is an arduous task, as soon as the faults are detected that the success, from the first case the company could suffer in the second merit generally is assumed alone.

To work with people requires to know, to include/understand to continue developing.

In order to identify the abilities that know of the company and all employees very well. So we began to put in practice everything an organized, planned system and formalized with the purpose of to retain the talent, to develop abilities, to establish limitations, and mainly, to create and to manage the opportunities. Therefore, we encouraged to all the players, to manage its expectations and to increase the productivity.

Leadership means the analysis, the responsibility and justice.

Maximiano instead of lead, the third step is defined how to carry out, “the application process is to carry out activities that imply a cost of physical and intellectual energy? (Maximiano, 119, 2002).

And finally, to verify, “the organization properly is planned, organized and directed, must have a pursuit of the activities in order to guarantee the application of predicted and the correction of possible deviations? (Araujo, 170, 2004).

Each one of the characteristics can be defined separately, but within the organization, they execute themselves simultaneously, that is to say, it is not possible to be worked disjuntos.

Principles for a good manager

  • It learns to use the technical and administrative principles, instruments;
  • Able to decide and to solve problems;
  • To deal with people: effective communication, to negotiate, to lead the changes, increase of the cooperation and to solve the conflicts.
  • They have one structures systemic and general of the organization;
  • To be proactive, audacious and creative;
  • To be a good leader;
  • To handle with responsibility and professionalism.

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