Wednesday, October 8

Definition of Management


Definitions :->

Management, as a discipline is sufficient old but the experts and management practitioners are not yet agreed on a common definition. Due to growing size and complexities of business, there is rapid change in management styles and complexities of business, there is rapid change in management styles and practices. Therefore, it is very difficult to have a definition of management which may be commonly accepted by all. A wide range of definitions exist in the literature on management. some of these definitions are as follows-

  • Management is a function, a discipline, a task to be done, and managers practice this discipline, carry out the functions and discharge these tasks-------Peter F. Drucker
  • Management is the process by which a cooperative group directs actions towards common goals-------------------Joseph Massie
  • Management is the process by which managers create,direct,maintain and operate purposive organisations through systematic, co-ordinated and co-operative human effort.---------------------------------------Dalton Mac Forland
  • Management is the work of creating and maintaining environments in which people can accomplish goals efficiently and effectively.----------Robert Albanese
  • Management is the art of getting things done through people.----------Mary Parker Follett
  • Management is the co-ordination of all resources through the processes of planning,organising,directing and controlling in order to attain stated goals.----------Henry sisk

For our purposes, management refers to a set of functions which unite group efforts in a meaningful manner.The value of the output or results should be more than the cost of the inputs of resources. The results may be measurable or intangible,direct or indirect,it does not make any difference. There should be net gain in the form of utilisation of resources and achievement of goals.

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