The following are the various features of management:
i. All-pervasive: ‘Pervasive’ implies practised and followed by one and all. Management is practised and needed by all organisations irrespective of their geographical location or size. It is necessary for every organization even though it may cater to the economic, social or political interests, or may be located in rural or urban areas.
ii. Goal-oriented: Management consolidates the efforts of all individuals in an organisation for the achievement of common goals.
iii. Continuous: The various functions of management (such as planning, organising, directing, staffing and controlling) are performed simultaneously and continuously by managers at all levels.
iv. Dynamic: Every organisation operates in a dynamic environment. Factors, such as government policies, competitors’ policies, consumers’ tastes and preferences, vary widely. Such factors are collectively termed external forces. Thus, the management must aim at adapting to the various changes in the external forces in order to pursue the organisation’s goals.
v. Multidimensional: Management involves multiple dimensions such as managing the work, managing people and operations, etc.
vi. Intangible: ‘Intangible’ refers to something that ‘cannot be seen or touched’. Management as a process cannot be seen but its presence can be felt by weighing the success of an organisation. For instance, a high degree of harmony and orderliness in an organisation confirms the effectiveness of its management.