SlideShare uma empresa Scribd logo
1 de 6
UNIT – 1 (MANAGEMENT – NATURE, PURPOSE and
MANAGEMENT: SCIENCE OR ART?)
What is Management?
“Management can be defined on basis of assumptions & beliefs”
 To manage the resources (Note: Human Body is best Management)
 In terms of organization, ‘Management’ means directing & controlling a group of
people or an organization to reach a goal.
OR
 Management in organization is the function that coordinates the efforts of people to
accomplish the goals & objectives by using available resources (Human, Financial,
Physical & Informational)
It helps in making of decisions, procurement of resources, leading of people and
evaluation of performance.
Concepts of Management
The concepts of getting things done through perspectives depicts that management
is a sort of ‘one way’ traffic, we will clear the following perspective as per
management defines:
MANAGEMENT
ORGANISATION
Employees’ Attitude,
Motivation & Behaviour
(I) Sociological Perspective: It define management as that group of
organizational members who occupy the social positions responsible for
making sure that the organization achieve its mission.
(II) Process Perspective: An activity concerned with the orchestration of people,
work and systems in the pursuit of organizational goals.
It can be defined management is as:
a). Art of getting things done through people (by Mary Parker Follet)-
managers achieve organizational objective by getting work from others.
b). As a process (by Henry Fayol) – It contain five functions – Planning,
Controlling, Organising, Commanding & Coordinating done by Managers (Top
level, Mid-level or Lower level).
c). As a group of Managers – Members of the organization assigned primary
responsibility for carrying out the management process.
d). As a discipline – Universal Application which develop certain principles,
generalizations’ & Techniques.
Resources
Human
Financial
Physical
Informational
MANAGEMENT
Planning Organising Directing Controlling Goal
Achievement
Nature of Management
Management is a diverse action having the following salient features or
characteristics:
1). Goal Oriented: Management coordinates the efforts of workers to
achieve the goals of the organization. It should be well-defined and properly
understood by the managers.
2). Economic Resources: Management is also the factor of production
together with Land, Labour and capital.
It is the force which assembles and integrates other resources, namely,
labour, capital and materials.
3). Distinct Process: It consist such functions as Planning, Organising, staffing,
Directing and Controlling.
It involves decision-making and putting of decisions into practice.
4). Integrative Process: Managers apply knowledge, experience and
management principles for getting the results from the workers by the use of
non-human resources.
5). Intangible Force: It has been called as Unseen force which means
effectiveness of management on the basis of the end results, although they
can’t observe it during operation.
6). Result through others: Managers must have the necessary ability and
skills to get work accomplished through the efforts of others.
7). System of Authority: Managers as a team of managers represents a
system of authority, a hierarchy of command and control.
Managers at different levels possess varying degrees of authority.
8). Multi-disciplinary Subject: Management grown as a field of study taking
the help of so many disciplines such as Engineering & Human relations
Orientation.
9). Universal Application: The principles and techniques of management are
equally applicable in the field of business, education, military, government
and hospital.
MANAGEMENT: A SCIENCE AND AN ART
Management plan to implement policies then firstly gain knowledge through
researches then apply it to employees.
Science is to seek knowledge & Art is to apply knowledge.
We briefly describe the statement: “Management is a Science and an Art” as
follows-
Science is
1) Is the broad interdisciplinary study of problem solving & decision making in
human organizations.
2) It uses various scientific research-based principles, strategies and analytical
methods to improve an organization’s ability to enact rational and
meaningful management decisions by arriving at optimal or near optimal
solutions.
3) Systematically organized body of knowledge, skills & techniques based on
proper findings & exact principles & is capable for verification: Its
principles’, generalizations’ and concepts are systematically. In this case the
manager can manage the situation or organization in a systematic and
scientific manner.
4) Should have a method of scientific enquiry: It are formulated on the basis of
observation, research, analysis and experimentation, as in the case with the
principles of other sciences.
5) Establish cause & effect relationship: it states that same cause under similar
circumstance will produce same effect.
6) Should be verifiable: management priniciples are codified and systematic,
and can be transferred from one to another and can be taught.
7) Should ensure predictable results:
8) Have universal application:
Art is as
1) Denotes personal skills: the process of management does involve the use of
know-how and skills.
2) Signifies practical knowledge: management is personalized, every manager
has to apply hid knowledge and skills to deal with various situations.
3) Helps in achieving concrete results: the process of management is directed
towards the accomplishment of concrete results.
4) Creative in nature: management is creative in the sense that managing
creates new situations needed for further improvement.
5) Manager is an artist to manage the resources (Human, Financial, and
Physical & Informational): he applies the knowledge gained from the study
of science of management for managing human and material resources.
7) Should ensure predictable results:
8) Have universal application:
Art is as
1) Denotes personal skills: the process of management does involve the use of
know-how and skills.
2) Signifies practical knowledge: management is personalized, every manager
has to apply hid knowledge and skills to deal with various situations.
3) Helps in achieving concrete results: the process of management is directed
towards the accomplishment of concrete results.
4) Creative in nature: management is creative in the sense that managing
creates new situations needed for further improvement.
5) Manager is an artist to manage the resources (Human, Financial, and
Physical & Informational): he applies the knowledge gained from the study
of science of management for managing human and material resources.

Mais conteúdo relacionado

Mais procurados

management is an science or art.. too sweet and short
management is an science or art..  too sweet and shortmanagement is an science or art..  too sweet and short
management is an science or art.. too sweet and shortArpit Darhe
 
Administration and management
Administration and management Administration and management
Administration and management Purvi Patel
 
Management — art or science ? (Or both?)
Management — art or science ? (Or  both?)Management — art or science ? (Or  both?)
Management — art or science ? (Or both?)Marius Lupan
 
Fundamental of Management presentation made by Hassan Shahbaz www.facebook.co...
Fundamental of Management presentation made by Hassan Shahbaz www.facebook.co...Fundamental of Management presentation made by Hassan Shahbaz www.facebook.co...
Fundamental of Management presentation made by Hassan Shahbaz www.facebook.co...Syed Shahbaz
 
Prof. Dr. Aung Tun Thet: The Art and Science of Management
Prof. Dr. Aung Tun Thet: The Art and Science of ManagementProf. Dr. Aung Tun Thet: The Art and Science of Management
Prof. Dr. Aung Tun Thet: The Art and Science of ManagementThu Nandi Nwe
 
Principal of mangment p 1
Principal of mangment p 1Principal of mangment p 1
Principal of mangment p 1huzaifasaeed11
 
Principles of management
Principles of managementPrinciples of management
Principles of managementSachin Bhurase
 
1.Managing in a dynamic environment
1.Managing in a dynamic environment   1.Managing in a dynamic environment
1.Managing in a dynamic environment Sudhir Upadhyay
 
Unit I - Management Science and Theory and Practice
Unit I - Management Science and Theory and PracticeUnit I - Management Science and Theory and Practice
Unit I - Management Science and Theory and PracticeArgon David
 
L05 industrial management
L05 industrial managementL05 industrial management
L05 industrial managementTanya Mathur
 
Function of administration
Function of administrationFunction of administration
Function of administrationNursing Path
 
EDUCATIONAL MANAGEMENT AND ADMINISTRATION
EDUCATIONAL MANAGEMENT AND ADMINISTRATIONEDUCATIONAL MANAGEMENT AND ADMINISTRATION
EDUCATIONAL MANAGEMENT AND ADMINISTRATIONFidy Zegge
 
MG8591 Principles of Management
MG8591 Principles of Management MG8591 Principles of Management
MG8591 Principles of Management DineshBabuN4
 
Industrial management i ii iii iv units materials [pls vis it our blog sres11...
Industrial management i ii iii iv units materials [pls vis it our blog sres11...Industrial management i ii iii iv units materials [pls vis it our blog sres11...
Industrial management i ii iii iv units materials [pls vis it our blog sres11...Sres IImeches
 

Mais procurados (19)

management is an science or art.. too sweet and short
management is an science or art..  too sweet and shortmanagement is an science or art..  too sweet and short
management is an science or art.. too sweet and short
 
Osm cl3 nature
Osm cl3 natureOsm cl3 nature
Osm cl3 nature
 
Administration and management
Administration and management Administration and management
Administration and management
 
Management — art or science ? (Or both?)
Management — art or science ? (Or  both?)Management — art or science ? (Or  both?)
Management — art or science ? (Or both?)
 
Fundamental of Management presentation made by Hassan Shahbaz www.facebook.co...
Fundamental of Management presentation made by Hassan Shahbaz www.facebook.co...Fundamental of Management presentation made by Hassan Shahbaz www.facebook.co...
Fundamental of Management presentation made by Hassan Shahbaz www.facebook.co...
 
management
management management
management
 
Prof. Dr. Aung Tun Thet: The Art and Science of Management
Prof. Dr. Aung Tun Thet: The Art and Science of ManagementProf. Dr. Aung Tun Thet: The Art and Science of Management
Prof. Dr. Aung Tun Thet: The Art and Science of Management
 
Principal of mangment p 1
Principal of mangment p 1Principal of mangment p 1
Principal of mangment p 1
 
Mngmt
MngmtMngmt
Mngmt
 
Principles of management
Principles of managementPrinciples of management
Principles of management
 
1.Managing in a dynamic environment
1.Managing in a dynamic environment   1.Managing in a dynamic environment
1.Managing in a dynamic environment
 
PPT on Administration
PPT on Administration PPT on Administration
PPT on Administration
 
Unit I - Management Science and Theory and Practice
Unit I - Management Science and Theory and PracticeUnit I - Management Science and Theory and Practice
Unit I - Management Science and Theory and Practice
 
L05 industrial management
L05 industrial managementL05 industrial management
L05 industrial management
 
Function of administration
Function of administrationFunction of administration
Function of administration
 
EDUCATIONAL MANAGEMENT AND ADMINISTRATION
EDUCATIONAL MANAGEMENT AND ADMINISTRATIONEDUCATIONAL MANAGEMENT AND ADMINISTRATION
EDUCATIONAL MANAGEMENT AND ADMINISTRATION
 
Bom concept of mgmt by irfan
Bom concept of mgmt by irfanBom concept of mgmt by irfan
Bom concept of mgmt by irfan
 
MG8591 Principles of Management
MG8591 Principles of Management MG8591 Principles of Management
MG8591 Principles of Management
 
Industrial management i ii iii iv units materials [pls vis it our blog sres11...
Industrial management i ii iii iv units materials [pls vis it our blog sres11...Industrial management i ii iii iv units materials [pls vis it our blog sres11...
Industrial management i ii iii iv units materials [pls vis it our blog sres11...
 

Semelhante a Management, nature, purpose & science or art 1

Concepts of Management,Theory & School of Management,.pptx
Concepts of Management,Theory & School of Management,.pptxConcepts of Management,Theory & School of Management,.pptx
Concepts of Management,Theory & School of Management,.pptxParthGupta524776
 
Concept nature and principles of management
Concept nature and principles of managementConcept nature and principles of management
Concept nature and principles of managementAyaz Akhtar
 
Management & organization 1
Management & organization 1Management & organization 1
Management & organization 1Roopa Reddy
 
ORGANIZATION AND MANAGEMENT OF A BUSINESS
ORGANIZATION AND MANAGEMENT OF A BUSINESS ORGANIZATION AND MANAGEMENT OF A BUSINESS
ORGANIZATION AND MANAGEMENT OF A BUSINESS shahzadebaujiti
 
Essentail of Management Unit 1.pdf
Essentail of Management Unit 1.pdfEssentail of Management Unit 1.pdf
Essentail of Management Unit 1.pdfUmakantAnnand
 
Principles-of-Management-Professional-Ethics.pdf
Principles-of-Management-Professional-Ethics.pdfPrinciples-of-Management-Professional-Ethics.pdf
Principles-of-Management-Professional-Ethics.pdfssuser7ec1b3
 
Principles-of-Management-Professional-Ethics.pdf
Principles-of-Management-Professional-Ethics.pdfPrinciples-of-Management-Professional-Ethics.pdf
Principles-of-Management-Professional-Ethics.pdfssuser7ec1b3
 
THEORY OF MANAGEMENT IN BUSINESS AND INDUSTRY
THEORY OF MANAGEMENT IN BUSINESS AND INDUSTRYTHEORY OF MANAGEMENT IN BUSINESS AND INDUSTRY
THEORY OF MANAGEMENT IN BUSINESS AND INDUSTRYEloisa Eunice Batalia
 
Concept, nature & purpose of management
Concept, nature & purpose of managementConcept, nature & purpose of management
Concept, nature & purpose of managementRobin Gulati
 
Conceptual foundation of management (repaired)
Conceptual foundation of management (repaired)Conceptual foundation of management (repaired)
Conceptual foundation of management (repaired)karishma
 
POM- UNIT-1 Overview of Management.ppt
POM- UNIT-1 Overview of Management.pptPOM- UNIT-1 Overview of Management.ppt
POM- UNIT-1 Overview of Management.pptCHANDRA KUMAR S
 
Management Behavioral Process or Principles & Practices of Management
Management Behavioral Process or Principles & Practices of ManagementManagement Behavioral Process or Principles & Practices of Management
Management Behavioral Process or Principles & Practices of ManagementSomanath Karaddy
 
grade 11 organization and management: lesson 1
grade 11 organization and management: lesson 1grade 11 organization and management: lesson 1
grade 11 organization and management: lesson 1LezelCRamos
 
Principles of Management
Principles of Management Principles of Management
Principles of Management vivekkatare
 
Meaning,nature,scope,process of management & approaches of a system
Meaning,nature,scope,process of management & approaches of a systemMeaning,nature,scope,process of management & approaches of a system
Meaning,nature,scope,process of management & approaches of a systemsadhikakatiyar
 

Semelhante a Management, nature, purpose & science or art 1 (20)

Management
ManagementManagement
Management
 
Concepts of Management,Theory & School of Management,.pptx
Concepts of Management,Theory & School of Management,.pptxConcepts of Management,Theory & School of Management,.pptx
Concepts of Management,Theory & School of Management,.pptx
 
Concept nature and principles of management
Concept nature and principles of managementConcept nature and principles of management
Concept nature and principles of management
 
Management & organization 1
Management & organization 1Management & organization 1
Management & organization 1
 
ORGANIZATION AND MANAGEMENT OF A BUSINESS
ORGANIZATION AND MANAGEMENT OF A BUSINESS ORGANIZATION AND MANAGEMENT OF A BUSINESS
ORGANIZATION AND MANAGEMENT OF A BUSINESS
 
Essentail of Management Unit 1.pdf
Essentail of Management Unit 1.pdfEssentail of Management Unit 1.pdf
Essentail of Management Unit 1.pdf
 
Principles-of-Management-Professional-Ethics.pdf
Principles-of-Management-Professional-Ethics.pdfPrinciples-of-Management-Professional-Ethics.pdf
Principles-of-Management-Professional-Ethics.pdf
 
Principles-of-Management-Professional-Ethics.pdf
Principles-of-Management-Professional-Ethics.pdfPrinciples-of-Management-Professional-Ethics.pdf
Principles-of-Management-Professional-Ethics.pdf
 
Management science.pptx
Management science.pptxManagement science.pptx
Management science.pptx
 
THEORY OF MANAGEMENT IN BUSINESS AND INDUSTRY
THEORY OF MANAGEMENT IN BUSINESS AND INDUSTRYTHEORY OF MANAGEMENT IN BUSINESS AND INDUSTRY
THEORY OF MANAGEMENT IN BUSINESS AND INDUSTRY
 
UNIT 1.pptx
UNIT 1.pptxUNIT 1.pptx
UNIT 1.pptx
 
Concept, nature & purpose of management
Concept, nature & purpose of managementConcept, nature & purpose of management
Concept, nature & purpose of management
 
Conceptual foundation of management (repaired)
Conceptual foundation of management (repaired)Conceptual foundation of management (repaired)
Conceptual foundation of management (repaired)
 
Bus 101- chapter 1.pdf
Bus 101- chapter 1.pdfBus 101- chapter 1.pdf
Bus 101- chapter 1.pdf
 
POM- UNIT-1 Overview of Management.ppt
POM- UNIT-1 Overview of Management.pptPOM- UNIT-1 Overview of Management.ppt
POM- UNIT-1 Overview of Management.ppt
 
Management Behavioral Process or Principles & Practices of Management
Management Behavioral Process or Principles & Practices of ManagementManagement Behavioral Process or Principles & Practices of Management
Management Behavioral Process or Principles & Practices of Management
 
grade 11 organization and management: lesson 1
grade 11 organization and management: lesson 1grade 11 organization and management: lesson 1
grade 11 organization and management: lesson 1
 
Principles of Management
Principles of Management Principles of Management
Principles of Management
 
Intro ppm
Intro ppmIntro ppm
Intro ppm
 
Meaning,nature,scope,process of management & approaches of a system
Meaning,nature,scope,process of management & approaches of a systemMeaning,nature,scope,process of management & approaches of a system
Meaning,nature,scope,process of management & approaches of a system
 

Último

Unlocking the Mystery of the Voynich Manuscript
Unlocking the Mystery of the Voynich ManuscriptUnlocking the Mystery of the Voynich Manuscript
Unlocking the Mystery of the Voynich Manuscriptelizabethella096
 
Kraft Mac and Cheese campaign presentation
Kraft Mac and Cheese campaign presentationKraft Mac and Cheese campaign presentation
Kraft Mac and Cheese campaign presentationtbatkhuu1
 
BDSM⚡Call Girls in Sector 144 Noida Escorts >༒8448380779 Escort Service
BDSM⚡Call Girls in Sector 144 Noida Escorts >༒8448380779 Escort ServiceBDSM⚡Call Girls in Sector 144 Noida Escorts >༒8448380779 Escort Service
BDSM⚡Call Girls in Sector 144 Noida Escorts >༒8448380779 Escort ServiceDelhi Call girls
 
personal branding kit for music business
personal branding kit for music businesspersonal branding kit for music business
personal branding kit for music businessbrjohnson6
 
Alpha Media March 2024 Buyers Guide.pptx
Alpha Media March 2024 Buyers Guide.pptxAlpha Media March 2024 Buyers Guide.pptx
Alpha Media March 2024 Buyers Guide.pptxDave McCallum
 
Google 3rd-Party Cookie Deprecation [Update] + 5 Best Strategies
Google 3rd-Party Cookie Deprecation [Update] + 5 Best StrategiesGoogle 3rd-Party Cookie Deprecation [Update] + 5 Best Strategies
Google 3rd-Party Cookie Deprecation [Update] + 5 Best StrategiesSearch Engine Journal
 
Situation Analysis | Management Company.
Situation Analysis | Management Company.Situation Analysis | Management Company.
Situation Analysis | Management Company.DanielaQuiroz63
 
Uncover Insightful User Journey Secrets Using GA4 Reports
Uncover Insightful User Journey Secrets Using GA4 ReportsUncover Insightful User Journey Secrets Using GA4 Reports
Uncover Insightful User Journey Secrets Using GA4 ReportsVWO
 
Brand experience Peoria City Soccer Presentation.pdf
Brand experience Peoria City Soccer Presentation.pdfBrand experience Peoria City Soccer Presentation.pdf
Brand experience Peoria City Soccer Presentation.pdftbatkhuu1
 
How to Leverage Behavioral Science Insights for Direct Mail Success
How to Leverage Behavioral Science Insights for Direct Mail SuccessHow to Leverage Behavioral Science Insights for Direct Mail Success
How to Leverage Behavioral Science Insights for Direct Mail SuccessAggregage
 
BDSM⚡Call Girls in Sector 150 Noida Escorts >༒8448380779 Escort Service
BDSM⚡Call Girls in Sector 150 Noida Escorts >༒8448380779 Escort ServiceBDSM⚡Call Girls in Sector 150 Noida Escorts >༒8448380779 Escort Service
BDSM⚡Call Girls in Sector 150 Noida Escorts >༒8448380779 Escort ServiceDelhi Call girls
 
Instant Digital Issuance: An Overview With Critical First Touch Best Practices
Instant Digital Issuance: An Overview With Critical First Touch Best PracticesInstant Digital Issuance: An Overview With Critical First Touch Best Practices
Instant Digital Issuance: An Overview With Critical First Touch Best PracticesMedia Logic
 
Social media, ppt. Features, characteristics
Social media, ppt. Features, characteristicsSocial media, ppt. Features, characteristics
Social media, ppt. Features, characteristicswasim792942
 

Último (20)

The Future of Brands on LinkedIn - Alison Kaltman
The Future of Brands on LinkedIn - Alison KaltmanThe Future of Brands on LinkedIn - Alison Kaltman
The Future of Brands on LinkedIn - Alison Kaltman
 
No Cookies No Problem - Steve Krull, Be Found Online
No Cookies No Problem - Steve Krull, Be Found OnlineNo Cookies No Problem - Steve Krull, Be Found Online
No Cookies No Problem - Steve Krull, Be Found Online
 
Unlocking the Mystery of the Voynich Manuscript
Unlocking the Mystery of the Voynich ManuscriptUnlocking the Mystery of the Voynich Manuscript
Unlocking the Mystery of the Voynich Manuscript
 
Kraft Mac and Cheese campaign presentation
Kraft Mac and Cheese campaign presentationKraft Mac and Cheese campaign presentation
Kraft Mac and Cheese campaign presentation
 
BDSM⚡Call Girls in Sector 144 Noida Escorts >༒8448380779 Escort Service
BDSM⚡Call Girls in Sector 144 Noida Escorts >༒8448380779 Escort ServiceBDSM⚡Call Girls in Sector 144 Noida Escorts >༒8448380779 Escort Service
BDSM⚡Call Girls in Sector 144 Noida Escorts >༒8448380779 Escort Service
 
personal branding kit for music business
personal branding kit for music businesspersonal branding kit for music business
personal branding kit for music business
 
Alpha Media March 2024 Buyers Guide.pptx
Alpha Media March 2024 Buyers Guide.pptxAlpha Media March 2024 Buyers Guide.pptx
Alpha Media March 2024 Buyers Guide.pptx
 
Brand Strategy Master Class - Juntae DeLane
Brand Strategy Master Class - Juntae DeLaneBrand Strategy Master Class - Juntae DeLane
Brand Strategy Master Class - Juntae DeLane
 
Google 3rd-Party Cookie Deprecation [Update] + 5 Best Strategies
Google 3rd-Party Cookie Deprecation [Update] + 5 Best StrategiesGoogle 3rd-Party Cookie Deprecation [Update] + 5 Best Strategies
Google 3rd-Party Cookie Deprecation [Update] + 5 Best Strategies
 
Situation Analysis | Management Company.
Situation Analysis | Management Company.Situation Analysis | Management Company.
Situation Analysis | Management Company.
 
Uncover Insightful User Journey Secrets Using GA4 Reports
Uncover Insightful User Journey Secrets Using GA4 ReportsUncover Insightful User Journey Secrets Using GA4 Reports
Uncover Insightful User Journey Secrets Using GA4 Reports
 
A.I. and The Social Media Shift - Mohit Rajhans
A.I. and The Social Media Shift - Mohit RajhansA.I. and The Social Media Shift - Mohit Rajhans
A.I. and The Social Media Shift - Mohit Rajhans
 
Brand experience Peoria City Soccer Presentation.pdf
Brand experience Peoria City Soccer Presentation.pdfBrand experience Peoria City Soccer Presentation.pdf
Brand experience Peoria City Soccer Presentation.pdf
 
Chat GPT Master Class - Leslie Hughes, PUNCH Media
Chat GPT Master Class - Leslie Hughes, PUNCH MediaChat GPT Master Class - Leslie Hughes, PUNCH Media
Chat GPT Master Class - Leslie Hughes, PUNCH Media
 
How to Leverage Behavioral Science Insights for Direct Mail Success
How to Leverage Behavioral Science Insights for Direct Mail SuccessHow to Leverage Behavioral Science Insights for Direct Mail Success
How to Leverage Behavioral Science Insights for Direct Mail Success
 
BDSM⚡Call Girls in Sector 150 Noida Escorts >༒8448380779 Escort Service
BDSM⚡Call Girls in Sector 150 Noida Escorts >༒8448380779 Escort ServiceBDSM⚡Call Girls in Sector 150 Noida Escorts >༒8448380779 Escort Service
BDSM⚡Call Girls in Sector 150 Noida Escorts >༒8448380779 Escort Service
 
Instant Digital Issuance: An Overview With Critical First Touch Best Practices
Instant Digital Issuance: An Overview With Critical First Touch Best PracticesInstant Digital Issuance: An Overview With Critical First Touch Best Practices
Instant Digital Issuance: An Overview With Critical First Touch Best Practices
 
Pillar-Based Marketing Master Class - Ryan Brock
Pillar-Based Marketing Master Class - Ryan BrockPillar-Based Marketing Master Class - Ryan Brock
Pillar-Based Marketing Master Class - Ryan Brock
 
Navigating the SEO of Tomorrow, Competitive Benchmarking, China as an e-Comme...
Navigating the SEO of Tomorrow, Competitive Benchmarking, China as an e-Comme...Navigating the SEO of Tomorrow, Competitive Benchmarking, China as an e-Comme...
Navigating the SEO of Tomorrow, Competitive Benchmarking, China as an e-Comme...
 
Social media, ppt. Features, characteristics
Social media, ppt. Features, characteristicsSocial media, ppt. Features, characteristics
Social media, ppt. Features, characteristics
 

Management, nature, purpose & science or art 1

  • 1. UNIT – 1 (MANAGEMENT – NATURE, PURPOSE and MANAGEMENT: SCIENCE OR ART?) What is Management? “Management can be defined on basis of assumptions & beliefs”  To manage the resources (Note: Human Body is best Management)  In terms of organization, ‘Management’ means directing & controlling a group of people or an organization to reach a goal. OR  Management in organization is the function that coordinates the efforts of people to accomplish the goals & objectives by using available resources (Human, Financial, Physical & Informational) It helps in making of decisions, procurement of resources, leading of people and evaluation of performance. Concepts of Management The concepts of getting things done through perspectives depicts that management is a sort of ‘one way’ traffic, we will clear the following perspective as per management defines: MANAGEMENT ORGANISATION Employees’ Attitude, Motivation & Behaviour
  • 2. (I) Sociological Perspective: It define management as that group of organizational members who occupy the social positions responsible for making sure that the organization achieve its mission. (II) Process Perspective: An activity concerned with the orchestration of people, work and systems in the pursuit of organizational goals. It can be defined management is as: a). Art of getting things done through people (by Mary Parker Follet)- managers achieve organizational objective by getting work from others. b). As a process (by Henry Fayol) – It contain five functions – Planning, Controlling, Organising, Commanding & Coordinating done by Managers (Top level, Mid-level or Lower level). c). As a group of Managers – Members of the organization assigned primary responsibility for carrying out the management process. d). As a discipline – Universal Application which develop certain principles, generalizations’ & Techniques. Resources Human Financial Physical Informational MANAGEMENT Planning Organising Directing Controlling Goal Achievement
  • 3. Nature of Management Management is a diverse action having the following salient features or characteristics: 1). Goal Oriented: Management coordinates the efforts of workers to achieve the goals of the organization. It should be well-defined and properly understood by the managers. 2). Economic Resources: Management is also the factor of production together with Land, Labour and capital. It is the force which assembles and integrates other resources, namely, labour, capital and materials. 3). Distinct Process: It consist such functions as Planning, Organising, staffing, Directing and Controlling. It involves decision-making and putting of decisions into practice. 4). Integrative Process: Managers apply knowledge, experience and management principles for getting the results from the workers by the use of non-human resources. 5). Intangible Force: It has been called as Unseen force which means effectiveness of management on the basis of the end results, although they can’t observe it during operation. 6). Result through others: Managers must have the necessary ability and skills to get work accomplished through the efforts of others. 7). System of Authority: Managers as a team of managers represents a system of authority, a hierarchy of command and control. Managers at different levels possess varying degrees of authority. 8). Multi-disciplinary Subject: Management grown as a field of study taking the help of so many disciplines such as Engineering & Human relations Orientation.
  • 4. 9). Universal Application: The principles and techniques of management are equally applicable in the field of business, education, military, government and hospital. MANAGEMENT: A SCIENCE AND AN ART Management plan to implement policies then firstly gain knowledge through researches then apply it to employees. Science is to seek knowledge & Art is to apply knowledge. We briefly describe the statement: “Management is a Science and an Art” as follows- Science is 1) Is the broad interdisciplinary study of problem solving & decision making in human organizations. 2) It uses various scientific research-based principles, strategies and analytical methods to improve an organization’s ability to enact rational and meaningful management decisions by arriving at optimal or near optimal solutions. 3) Systematically organized body of knowledge, skills & techniques based on proper findings & exact principles & is capable for verification: Its principles’, generalizations’ and concepts are systematically. In this case the manager can manage the situation or organization in a systematic and scientific manner. 4) Should have a method of scientific enquiry: It are formulated on the basis of observation, research, analysis and experimentation, as in the case with the principles of other sciences. 5) Establish cause & effect relationship: it states that same cause under similar circumstance will produce same effect. 6) Should be verifiable: management priniciples are codified and systematic, and can be transferred from one to another and can be taught.
  • 5. 7) Should ensure predictable results: 8) Have universal application: Art is as 1) Denotes personal skills: the process of management does involve the use of know-how and skills. 2) Signifies practical knowledge: management is personalized, every manager has to apply hid knowledge and skills to deal with various situations. 3) Helps in achieving concrete results: the process of management is directed towards the accomplishment of concrete results. 4) Creative in nature: management is creative in the sense that managing creates new situations needed for further improvement. 5) Manager is an artist to manage the resources (Human, Financial, and Physical & Informational): he applies the knowledge gained from the study of science of management for managing human and material resources.
  • 6. 7) Should ensure predictable results: 8) Have universal application: Art is as 1) Denotes personal skills: the process of management does involve the use of know-how and skills. 2) Signifies practical knowledge: management is personalized, every manager has to apply hid knowledge and skills to deal with various situations. 3) Helps in achieving concrete results: the process of management is directed towards the accomplishment of concrete results. 4) Creative in nature: management is creative in the sense that managing creates new situations needed for further improvement. 5) Manager is an artist to manage the resources (Human, Financial, and Physical & Informational): he applies the knowledge gained from the study of science of management for managing human and material resources.