Managers Learn by Being Managed Well

Employees who are managed effectively tend to be happier and more productive. As a result, when they enter management, they want to recreate that environment for their own employees or direct reports.
Management helps in providing good quality of services and products which increases the living standard. It also leads to more profit of the organization and thus providing fair wages and generating more employment opportunities.
Managers need a detailed understanding of their customers’ needs, and the needs of other external stakeholders.