Friday, September 23, 2016

Management as a 'Process'



From the above, it is obvious that management is basically an exercise in doing things better. Hodge and Johnson (1970) defined management as "the process of making decisions and issuing commands on behalf of an organization's membership groups, taking into consideration the complex of objectives, limitations and standards underlying the production and distribution of values, required to satisfy memberships' needs."

Management as a process consists of continuous decision making, necessitated by variations in goals and also the fact that lack of complete knowledge creates risk and uncertainty associated with decision making. Specific decisions are greatly influenced by the organizational goals which have to be achieved