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Saturday, May 29, 2010

What is Managment? : Management Concepts and Principles


What is Management?

Definitions:
“Management is the process of getting things done through the efforts of other people in order to achieve the predetermined objectives of organization”.


Management may also be define as: “The process by which execution of given 0bjective put into operation and supervise”.

Management may be defined as “A technique by which the purpose and objectives of particular human group are determined, defined, clarified and completed”

From business Point of view:
“Management is the art of obtaining maximum results with the minimum of efforts so as to get maximum reflectivity and efficiency for both employer and employee”.


Complete definition of management:
“Management is a distinct process consisting of planning, organizing, staffing, leading and controlling utilizing both in each science and art and followed in order to accomplish predetermined objectives of the organization”.


Management Defined from Various Prospectives

Management as a “Process”: “A process by which managers create, direct, maintain and operate purposive organization through systematic, coordinated, cooperative human efforts”.

Management as“coordination”: “Management is a process of designing and maintaining an environment in which, individuals, working together in groups efficiently and effectively accomplish group goals”.

Management as a “Function”: “Management is a role which includes a set of duties, responsibilities, and relationships-involved in work organizations”. 
Keywords: Introduction of Management, What is management

2 comments:

  1. Every big and small company has to have these five aspects of Management - Planning, organizing, staffing, leading and controlling. Thanks a ton for this interesting topic. I look forward to reading more of such articles from you, Mr. Ajay.

    Regards,
    Jimmie Menon

    ReplyDelete
  2. A person who is into management must know about all the six factors of management in detail. Only then he can be a good manager. Thank you for sharing such a nicely written article on Management.

    ReplyDelete

 
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