Friday, September 23, 2016

Definition of Management



Managing is actually managing situation. In simple term, we can say that management is the coordination of work activities so that they are completed effectively & efficiently with and through other people.
In broad sense we can define it as-Management in all business and organizations is the act of getting people together to accomplish goals and objectives by using available resources efficiently and effectively.
Many eminent pioneers & critiques of management defined that term in various ways. Some of them are:-

(1)“Management is the art of knowing what you want to do and then seeing that it is done in the best and cheapest way.”                                                    —F. W. Taylor

(2)“Management is a multipurpose organ that manage a business and manages Managers and manages Workers and work.”                                       —Peter Drucker

(3)”To manage is to forecast and to plan, to organize, to command, to co-ordinate and to control.”                                                                                         —Henry Fayol

(4)“Management is the fundamental integrating and operating mechanism underlying organized efforts”.                                                                 Dalton E. Mc Farland

(5)“Management is an executive function which is primarily concerned with carrying out the board policies laid down by the administration. It is that function of an enterprise which concerns itself with the direction and control of various activities to attain the business objectives.”                                                                Dr. William R. Spriegel

(6)“What manager does”                                                                          —L.A.Allen

(7)“Management is a distinct process consisting of planning, organizing, actuating, & controlling by utilizing in each both science & arts and followed in order to accomplish predetermined goals & objectives.”                                                           —J.R.Terry

(8)“Management is a social process of designing & maintaining an environment in which 
individuals working together in groups & efficiently accomplish selected aims.”                                                               —Harold Koontz & Weihrich

(9)“Management is art of getting things done through other.”         —Mary Parker Follet

(10)“Management is coordinating & overseeing the activities of others so their activities are completed efficiently & effectively.                                                   —S.P.Robbins