What is management?
Management is the process of giving direction and controlling the various activities of the people to achieve the objectives of an organization.
Definition of management:
Working with and through individuals, groups and other resources to accomplish organization goals and objectives
View of management:
* administration = management
* higher level function like planning, controlling, organizing, direction.
* business organization_
Management
* Government organization _
Administration
Management is art or science?
Management combines features of both science are art. It is considered as a science because it has an organization body of knowledge which contains certain universal truth. A manager to be successful in his profession must acquire the knowledge of science & the art of applying it.
Science:
Advances by knowledge
Proves
Predicts
Defines
Measures
Impresses
Art:
Advances by practice
Feels
Guesses
Describe
Opines
Expresses
How management be called as a science:
1) systematic body of knowledge
2) arrays of principles
3) verifiable principles
4) reliable basis for predicting future events
5) so how management be called as science
6) characteristics of art
7) application of skill to get desired result.
8) doing things skillfully
Management as a science:
Science can be defined as a systematic and organized body of knowledge based on logically observed findings, facts and events.
Main characteristic of science are:
1) systematic body of knowledge:
In science, organized and systematic study material is available, which is used to acquire the knowledge of science. Like science in management also there is availability of systematic and organized study material. So first features of science is present in management.
2) personalized application:
In the field of Art, only theoretical knowledge is not enough. Every artist must have personal skill and creativity to apply that knowledge.
3) based on practice and creativity:
The artist requires regular practice of art to become more fine and perfect. Without practice, artist lose their perfection.
4) Management, both science and art:
Management is both science and art. Like science, it has a systematic and well-being organized body of knowledge and like art it requires personal skill, creativity and practice to apply suck knowledge in the best possible way.
5) management as a profession:
Profession can be defined as an occupation backed by specialized knowledge and training, in which entry is restricted.
Main features of profession are:
1) well-defined body of knowledge:
In every profession there is practice of systematic body of knowledge which helps the professionals to gain specialized knowledge also there is availability of systematic body of knowledge.
2) restricted entry:
The entry to a profession is restricted through an examination or degree. For example, a person can practice as doctor only when he is having MBBS degree.
3) presence of professional associations:
For all the professions, special associations are established, and every professional has to get himself registered with his association before practicing that profession.
4) existence of ethical codes:
For every profession, there are set of ethical codes fixed by professional organizations and are binding on all the professionals of that profession.
5) service motive:
The basic motive of every profession is to serve the clients with dedication. Where the basic purpose of a management is achievement of a management goal, for example for a business organization the goal can be profit maximization.
That's all about management to know me...
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