Definition of Management
Harold Koontz," Management is the art of getting things done
through others and with formally organised group."
Characteristics of Management:
(1) Management is Goal- oriented Process: We have some goals
to be achieved. A manager on the basis of his knowledge
and experience tries to achieve the goals which are already
decided.
(2) Management is All-pervasive: We deduct management out
of these activities, the result will be failure or zero. It means
management is necessary to conduct any type of activities.
(3) Management is Multidimensional:
1. Management of work: Every organisation is established for
doing work, like school provides education, a hospital treats
patients, a factory produces etc.
2. Management of People: Each organisation is established for
doing some work and the same is conducted by people.
3. Management of Operations: To achieve the goals of an
organisation many operations or activities need to be
conducted, such as, production ,sale,purchase, finance,
accounting, R & D etc. Management is needed to make sure
that operations are accomplished efficiently and effectively.
(4) Management is a Continuous Process: The various
management activities cannot be performed once for all,
but it is a continuous process.
(5) Management is a Group Activity: It is not a single person
who consummates all the activities of an organisation but it
is always a group persons (managers).
(6) Management is a Dynamic Function: as it has to adjust
itself to the regularly changing environment.
(7) Management is an Intangible Force: Management is that
power which cannot be seen. It can only be felt. If any
organisation is heading toward higher levels of achievement,
it signifies the existence of good management and vice-
versa.In other words , achievement reflects the quality of
management and its effectiveness.
Harold Koontz," Management is the art of getting things done
through others and with formally organised group."
Characteristics of Management:
(1) Management is Goal- oriented Process: We have some goals
to be achieved. A manager on the basis of his knowledge
and experience tries to achieve the goals which are already
decided.
(2) Management is All-pervasive: We deduct management out
of these activities, the result will be failure or zero. It means
management is necessary to conduct any type of activities.
(3) Management is Multidimensional:
1. Management of work: Every organisation is established for
doing work, like school provides education, a hospital treats
patients, a factory produces etc.
2. Management of People: Each organisation is established for
doing some work and the same is conducted by people.
3. Management of Operations: To achieve the goals of an
organisation many operations or activities need to be
conducted, such as, production ,sale,purchase, finance,
accounting, R & D etc. Management is needed to make sure
that operations are accomplished efficiently and effectively.
(4) Management is a Continuous Process: The various
management activities cannot be performed once for all,
but it is a continuous process.
(5) Management is a Group Activity: It is not a single person
who consummates all the activities of an organisation but it
is always a group persons (managers).
(6) Management is a Dynamic Function: as it has to adjust
itself to the regularly changing environment.
(7) Management is an Intangible Force: Management is that
power which cannot be seen. It can only be felt. If any
organisation is heading toward higher levels of achievement,
it signifies the existence of good management and vice-
versa.In other words , achievement reflects the quality of
management and its effectiveness.
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