What is Management? Definitions
According to Harold Koontz,
"Management is the fine art of getting things done through in addition to alongside people inwards formally organised groups."
Harold Koontz gave this definition of management inwards his majority "The Management Theory Jungle".
According to Henri Fayol,
"To create practise is to forecast in addition to to plan, to organise, to command, to co-ordinate in addition to to control."
Henri Fayol gave this definition of management inwards his majority "Industrial in addition to General Administration".
Image Credits © Michael Heiss.
According to Peter Drucker,
"Management is a multi-purpose organ that manages occupation organisation in addition to manages managers in addition to manages workers in addition to work."
This definition of management was given yesteryear Peter Drucker inwards his majority "The Principles of Management".
According to Mary Parker Follet,
"Management is the fine art of getting things done through people."
Meaning of Management
According to Theo Heimann, management has 3 unlike meanings, viz.,
- Management every bit a Noun : refers to a Group of Managers.
- Management every bit a Process : refers to the Functions of Management i.e. Planning, Organising, Directing, Controlling, etc.
- Management every bit a Discipline : refers to the Subject of Management.
Management is an private or a grouping of individuals that pick out responsibilities to run an organisation. They Plan, Organise, Direct in addition to Control all the essential activities of the organisation. Management does non practise the piece of work themselves. They motivate others to practise the piece of work in addition to co-ordinate (i.e. convey together) all the piece of work for achieving the objectives of the organisation.
Management brings together all Six Ms i.e. Men in addition to Women, Money, Machines, Materials, Methods in addition to Markets. They utilisation these resources for achieving the objectives of the organisation such every bit high sales, maximum profits, blogspot.com//search?q=what-is-business-meaning-definitions">business expansion, etc.
Features of Management
Following icon depicts 14 of import features of management.
The nature, primary characteristics or features of management:
- Continuous in addition to never ending process.
- Getting things done through people.
- Result oriented scientific discipline in addition to art.
- Multidisciplinary inwards nature.
- A grouping in addition to non an private activity.
- Follows established principles or rules.
- Aided exactly non replaced yesteryear computers.
- Situational inwards nature.
- Need non live an ownership.
- Both an fine art in addition to science.
- Management is all pervasive.
- Management is intangible.
- Uses a professional person approach inwards work.
- Dynamic inwards nature.
Now let's briefly speak over each characteristic of management.
1. Continuous in addition to never ending process
Management is a Process. It includes iv primary functions, viz., blogspot.com//search?q=what-is-business-meaning-definitions">Planning, Organising, Directing in addition to Controlling. The director has to Plan in addition to Organise all the activities. He had to ambit proper Directions to his subordinates. He too has to Control all the activities. The director has to perform these functions continuously. Therefore, management is a continuous in addition to never ending process.
2. Getting things done through people
The managers practise non practise the piece of work themselves. They larn the piece of work done through the workers. The workers should non live treated similar slaves. They should non live tricked, threatened or forced to practise the work. Influenza A virus subtype H5N1 favourable piece of work environs should live created in addition to maintained.
3. Result oriented scientific discipline in addition to art
Management is effect oriented because it gives a lot of importance to "Results". Examples of Results like, increase inwards marketplace share, increase inwards profits, etc. Management ever wants to larn the best results at all times.
4. Multidisciplinary inwards nature
Management has to larn the piece of work done through people. It has to create practise people. This is a rattling hard chore because unlike people receive got unlike emotions, feelings, aspirations, etc. Similarly, the same individual may receive got unlike emotions at unlike times. So, management is a rattling complex job. Therefore, management uses cognition from many unlike subjects such every bit Economics, Information Technology, Psychology, Sociology, etc. Therefore, it is multidisciplinary inwards nature.
5. Influenza A virus subtype H5N1 grouping in addition to non an private activity
Management is non an private activity. It is a grouping activity. It uses grouping (employees) efforts to accomplish grouping (owners) objectives. It tries to satisfy the needs in addition to wants of a grouping (consumers). Nowadays, importance is given to the squad (group) in addition to non to individuals.
6. Follows established principles or rules
Management follows established principles, such every bit partitioning of work, discipline, unity of command, etc. These principles assist to forestall in addition to solve the problems inwards the organisation.
7. Aided exactly non replaced yesteryear computers
Now-a-days, all managers utilisation computers. Computers assist the managers to pick out accurate decisions. However, computers tin entirely assist management. Computers cannot supplant management. This is because management takes the terminal responsibility. Thus Management is aided (helped) exactly non replaced yesteryear computers.
8. Situational inwards nature
Management makes plans, policies in addition to decisions according to the situation. It changes its fashion according to the situation. It uses unlike plans, policies, decisions in addition to styles for unlike situations.
The director outset studies the total acquaint situation. Then he draws conclusions near the situation. Then he makes plans, decisions, etc., which are best for the acquaint situation. This is called Situational Management.
9. Need non live an ownership
In minor organisations, management in addition to ownership are 1 in addition to the same. However, inwards large organisations, management is split upward from ownership. The managers are highly qualified professionals who are hired from outside. The owners are the shareholders of the company.
10. Both an fine art in addition to science
Management is result-oriented. Therefore, it is an Art. Management conducts continuous research. Thus, it is too a Science.
11. Management is all pervasive
Management is necessary for running a business. It is too essential for running business, educational, charitable in addition to religious institutions. Management is a must for all activities, in addition to therefore, it is all pervasive.
12. Management is intangible
Management is intangible, i.e. it cannot live seen in addition to touched, exactly it tin live felt in addition to realised yesteryear its results. The success or failure of management tin live judged entirely yesteryear its results. If at that spot is skilful discipline, skilful productivity, skilful profits, etc., so the management is successful in addition to vice-versa.
13. Uses a professional person approach inwards work
Managers utilisation a professional person approach for getting the piece of work done from their subordinates. They delegate (i.e. give) authorization to their subordinates. They enquire their subordinates to ambit suggestions for improving their work. They too encourage subordinates to pick out the initiative. Initiative way to practise the correct matter at the correct fourth dimension without beingness guided or helped yesteryear the superior.
14. Dynamic inwards nature
Management is dynamic inwards nature. That is, blogspot.com//search?q=what-is-business-meaning-definitions">management is creative in addition to innovative. An organisation volition live in addition to succeed entirely if it is dynamic. It must continuously convey inwards novel in addition to creative ideas, novel products, novel production features, novel ads, novel marketing techniques, etc.
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