What Is Management? Definitions Pregnant As Well As Features

What is Management? Definitions

According to Harold Koontz,

"Management is the fine art of getting things done through as well as alongside people inward formally organised groups."

Harold Koontz gave this definition of administration inward his mass "The Management Theory Jungle".

According to Henri Fayol,

"To deal is to forecast as well as to plan, to organise, to command, to co-ordinate as well as to control."

Henri Fayol gave this definition of administration inward his mass "Industrial as well as General Administration".

Image Credits © Michael Heiss.

According to Peter Drucker,

"Management is a multi-purpose organ that manages line organisation as well as manages managers as well as manages workers as well as work."

This definition of administration was given past times Peter Drucker inward his mass "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, administration has 3 dissimilar meanings, viz.,

1. Management every bit a Noun : refers to a Group of Managers.
2. Management every bit a Process : refers to the Functions of Management i.e. Planning, Organising, Directing, Controlling, etc.
3. 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 as well as Control all the essential activities of the organisation. Management does non practice the piece of work themselves. They motivate others to practice the piece of work as well as 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 as well as Women, Money, Machines, Materials, Methods as well as Markets. They utilisation these resources for achieving the objectives of the organisation such every bit high sales, maximum profits, business expansion, etc.

Features of Management

Following icon depicts 14 of import features of management.

The nature, master copy characteristics or features of management:

1. Continuous as well as never ending process.
2. Getting things done through people.
3. Result oriented scientific discipline as well as art.
4. Multidisciplinary inward nature.
5. A grouping as well as non an private activity.
6. Follows established principles or rules.
7. Aided exactly non replaced past times computers.
8. Situational inward nature.
9. Need non live an ownership.
10. Both an fine art as well as science.
11. Management is all pervasive.
12. Management is intangible.
13. Uses a professional person approach inward work.
14. Dynamic inward nature.

Now let's briefly speak over each characteristic of management.

1. Continuous as well as never ending process

Management is a Process. It includes 4 master copy functions, viz., Planning, Organising, Directing as well as Controlling. The director has to Plan as well as Organise all the activities. He had to hand proper Directions to his subordinates. He likewise has to Control all the activities. The director has to perform these functions continuously. Therefore, administration is a continuous as well as never ending process.

2. Getting things done through people

The managers practice non practice the piece of work themselves. They teach 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 practice the work. Influenza A virus subtype H5N1 favourable piece of work surround should live created as well as maintained.

3. Result oriented scientific discipline as well as art

Management is lawsuit oriented because it gives a lot of importance to "Results". Examples of Results like, increase inward marketplace share, increase inward profits, etc. Management ever wants to teach the best results at all times.

4. Multidisciplinary inward nature

Management has to teach the piece of work done through people. It has to deal people. This is a real hard undertaking because dissimilar people receive got dissimilar emotions, feelings, aspirations, etc. Similarly, the same individual may receive got dissimilar emotions at dissimilar times. So, administration is a real complex job. Therefore, administration uses noesis from many dissimilar subjects such every bit Economics, Information Technology, Psychology, Sociology, etc. Therefore, it is multidisciplinary inward nature.

5. Influenza A virus subtype H5N1 grouping as well as 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 as well as wants of a grouping (consumers). Nowadays, importance is given to the squad (group) as well as non to individuals.

6. Follows established principles or rules

Management follows established principles, such every bit sectionalisation of work, discipline, unity of command, etc. These principles assist to forbid as well as solve the problems inward the organisation.

7. Aided exactly non replaced past times computers

Now-a-days, all managers utilisation computers. Computers assist the managers to pick out accurate decisions. However, computers tin forcefulness out solely assist management. Computers cannot supercede management. This is because administration takes the in conclusion responsibility. Thus Management is aided (helped) exactly non replaced past times computers.

8. Situational inward nature

Management makes plans, policies as well as decisions according to the situation. It changes its fashion according to the situation. It uses dissimilar plans, policies, decisions as well as styles for dissimilar situations.

The director commencement studies the total introduce situation. Then he draws conclusions virtually the situation. Then he makes plans, decisions, etc., which are best for the introduce situation. This is called Situational Management.

9. Need non live an ownership

In modest organisations, administration as well as ownership are ane as well as the same. However, inward large organisations, administration is divide 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 as well as science

Management is result-oriented. Therefore, it is an Art. Management conducts continuous research. Thus, it is likewise a Science.

11. Management is all pervasive

Management is necessary for running a business. It is likewise essential for running business, educational, charitable as well as religious institutions. Management is a must for all activities, as well as therefore, it is all pervasive.

12. Management is intangible

Management is intangible, i.e. it cannot live seen as well as touched, exactly it tin forcefulness out live felt as well as realised past times its results. The success or failure of administration tin forcefulness out live judged solely past times its results. If at that spot is skillful discipline, skillful productivity, skillful profits, etc., so the administration is successful as well as vice-versa.

13. Uses a professional person approach inward work

Managers utilisation a professional person approach for getting the piece of work done from their subordinates. They delegate (i.e. give) authorisation to their subordinates. They inquire their subordinates to hand suggestions for improving their work. They likewise encourage subordinates to pick out the initiative. Initiative way to practice the correct affair at the correct fourth dimension without beingness guided or helped past times the superior.

14. Dynamic inward nature

Management is dynamic inward nature. That is, management is creative as well as innovative. An organisation volition hold upwardly as well as succeed solely if it is dynamic. It must continuously convey inward novel as well as creative ideas, novel products, novel production features, novel ads, novel marketing techniques, etc.