Effects of Poor Management in Private Owned Establishment
The effects of poor management is a very delicate issue that need to be handled with care if not prevented. This chapter examines the issue from different perspectives by identifying those documents that have information related to the problem under study. According to Abur (1985:8) The essence of literature review is to provide an insight necessary for the development of a frame work into which the research problem fits. It also facilitates the interpretation of results of the study.
The case study, POWERLEX LIMITED was established in early 90’s by a retired NEPA District engineer, Engr B.C. Nwokedi. The establishment was a construction limited and to be precise an electrical engineering limited. The company had been involved in some installation projects in some parts of the country namely Kano, Kaduna, Zaria, Niger etc. The establishment did not last that long before being descended on by effects of poor management which were caused due to the fact that there were many uncountable pot-holes in the coordination of the day to day activities of the establishment. Some of the causes of poor management of the establishment that led to its effects are namely:-
There was the absence of budget and determined anticipation.
The personnel department of the establishment was not fully fortified and sound in carrying out the departmental responsibility of identifying capable manpower and hands needed to make the establishment progressive.
There was no proper record of all financial transactions of the establishment because of incapable accounting offers and the method of operation.
There was no combination of opinion from other department based on the fact that most of the decisions taken were taken individual by the General manager of the establishment which resulted to many disappointment, failure and waste.
The establishment was not equipped with modern electrical engineering and installation equipment and gadget needed for the establishment to carryout its operation smoothly, rather the establishment spent so much in hiring those equipment needed to carrying out an operation and nothing is left in the account of the establishment as a result of expenses incurred in hiring.
And there were other miscellaneous causes to be mentioned but few.
- SCHOOLS OF THOUGHT WITHIN THE SUBJECT AREA
According to Egbo V.O, if you fail to plan, you plan to fail. That is to say that improper planning of an organizational set objective leads to poor management which affects the entire life existence of the establishment. One of the effects of poor management leads to poverty, poverty of individuals which has advance effects on the economy of the country.
Bribery and corruption emerge as a result of not being able to manage the organizational resources to achieve the expected result.
The inability to utilize the research findings or results lead to a very serious effects in the coordination of the activities of an organization.
Effects of poor management can take place as a result of fraud, embezzlement of fund and fund misappropriation. And when this happens, there is no financial hope left for the establishment to execute its task.
The dissolution and liguidation of any establishment is as a result of poor management which could be caused by the inability of the management to coordinate both the human and material resources of the organization through the process of planning, organizing, directing and controlling to achieve the require objectives. It is also the inability of management to educate, train and develop its employees to achieve the set objectives. Some times the wrong candidates are selected for employment because of the poor management of the establishment and the inability of the personnel department of the establishment to carry out its duty.
EMMM school of thought defined effects of poor management as the inability of management to attract and retain the organizational clients and incapable to improve the standard and cost of living of the employees as well as not being able to meet the societal demands for which the establishment was established.
Effects of poor management result to the use of obsolete technology based on the fact that the establishment is poorly managed and it finds it difficult to adopt to the latest technological machines and equipment needed for it to execute its task.
Effects of poor management lead to communication gap between the establishment and the general public.
Also one of the effects is that there is lack of maintenance culture in the establishment. The pieces of furniture and fittings of the establishment are not taken care of by the management.
- THE SCHOOL OF THOUGH RELEVANT TO THE PROBLEM OF STUDY
The relevant school of thought defined effects of poor management as the inability and incapacity of management to attract and retain the organizational clients and improve the standard and cost of living of its employees and not being able to meet the societal demands as well as the organizational demand for which the establishment was established through the process of planning, organizing, directing and controlling.
- DIFFERENT METHODS OF STUDYING THE PROBLEM
The different methods adopted in studying this problems are:-
- Use of observation
- Desk research/ Examination of records and documents.
iii. Use of oral interview of the staff.
- SUMMARY
In summary of this chapter, the effects of poor management is very dangerous to the existence of any establishment especially to the life existence of the case study. And it also affects the economy of any nation negatively and there will be no development economically, socially, culturally and otherwise.
—-This article is not complete———–This article is not complete————
This article was extracted from a Project Research Work Topic:
“EFFECTS OF POOR MANAGEMENT IN PRIVATE OWNED ESTABLISHMENT
A CASE STUDY OF POWERFUL LIMITED ENUGU, ENUGU STATE”
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