What is management
What is management?
INTRODUCTION
In this essay a number of different definitions of management will be compared and contrasted; moreover, it will discuses ‘management’ both as an organizational function, and as a subject of academic research and study. Also, major management theorists will be introduced. The term “management” pulls together variety of different functions in order to finish a task successfully. In most simplified way, management is about “getting things done”.
MAIN BODY
First, the aspect of management as an organizational function will be discussed. This aspect can be outlined in detail in several categories: As a process, management alludes to a series of interrelated functions. Pursuant to George R. Terry, (sitted in Raju, S., 2000, p6) “Management is a distinct process consisting of planning, organizing, actuating and controlling, performed to determine and accomplish stated objective by the use of human beings and other resources”. As an activity, like all other activities fulfilled by people such as writing, reading, running, eating etc, management is also an action because a manager is one who achieves the goals by leading the efforts of others. According to Koontz (sitted in Kumar, 2000 p.25) “Management is what a manager does”. Management as a group refers to all those people who carry out the task of managing an initiative. When we say that management of a company is good, we are intending to those who are leading. Hence as a group technically speaking, management will subsume all managers from the top to the bottom; However, in global practice management includes only top management i.e. Chief Executive, Chairman, General Manager, Board of Directors and so on.
According to Henri Fayol (sitted in Bagad, V., 2009, p.16), there are 14 major principles of management:
Specialization of labor.
Authority.
Discipline.
Unity of command.
Unity of direction.
Subordination
INTRODUCTION
In this essay a number of different definitions of management will be compared and contrasted; moreover, it will discuses ‘management’ both as an organizational function, and as a subject of academic research and study. Also, major management theorists will be introduced. The term “management” pulls together variety of different functions in order to finish a task successfully. In most simplified way, management is about “getting things done”.
MAIN BODY
First, the aspect of management as an organizational function will be discussed. This aspect can be outlined in detail in several categories: As a process, management alludes to a series of interrelated functions. Pursuant to George R. Terry, (sitted in Raju, S., 2000, p6) “Management is a distinct process consisting of planning, organizing, actuating and controlling, performed to determine and accomplish stated objective by the use of human beings and other resources”. As an activity, like all other activities fulfilled by people such as writing, reading, running, eating etc, management is also an action because a manager is one who achieves the goals by leading the efforts of others. According to Koontz (sitted in Kumar, 2000 p.25) “Management is what a manager does”. Management as a group refers to all those people who carry out the task of managing an initiative. When we say that management of a company is good, we are intending to those who are leading. Hence as a group technically speaking, management will subsume all managers from the top to the bottom; However, in global practice management includes only top management i.e. Chief Executive, Chairman, General Manager, Board of Directors and so on.
According to Henri Fayol (sitted in Bagad, V., 2009, p.16), there are 14 major principles of management:
Specialization of labor.
Authority.
Discipline.
Unity of command.
Unity of direction.
Subordination