Personal objectives:
Personal objectives of management are said to be a kind of achievement that one wants to reach personally while working.
There are many ways one can achieve this personally: They are as follows:
Survive in management:
This suggests that your manager should be able to keep their job and be rewarded for their contributions.
Grow and develop.
If the manager becomes stronger in their role, which is good for the company and good for them.
Get things done through people:
Management is a process of getting things done through individuals.
It is a universal phenomenon and so the basic objectives of management apply to all forms of organizations.
To achieve organizational goals:
The main objective of management is to achieve the goals of the organization effectively and efficiently.
Management makes use of the physical, financial, human, and other resources to produce goods and services that are needed by society.
Ensure maximum utilization of resources:
The resources available in an enterprise are limited in amount but their uses are unlimited.
So these resources must be utilized in an optimum way for achieving organizational objectives through the best utilization of these resources.
Achieve ego satisfaction
A way of feeling good about oneself through achievement.
To achieve a sense of satisfaction and social recognition for the work done.
Reward :
To get more money in the form of bonuses, commissions, profit sharing, etc.
Achieve status :
To rise in the organization structure and have power over others
Final answer :
The two personal objectives of management are:
Achieve self-actualization
To achieve success by achieving personal excellence and self-realization.
To achieve a sense of satisfaction and social recognition for the work done.
Achieve job security :
To not be laid off or fired from a job and to maintain current income levels.
This leads them to work more and helps them achieve both their individual and firm goals.