Download this note as PDF at no cost
If any AD appears on download click please wait for 30sec till it gets completed and then close it, you will be redirected to pdf/ppt notes page.
Management is the process of getting work done through and with people to achieve organisational goals efficiently and effectively. It involves planning what to do, organising resources, staffing positions, directing people and controlling results. Understanding the nature, scope, functions and levels of management helps explain how organisations coordinate efforts, use limited resources and achieve results in a disciplined manner.
Management means coordinating human efforts and other resources to achieve goals. In simple terms, it is “getting things done” in an organised way.
Definitions (common exam-friendly forms):
From these definitions, management is:
Management is an art because it requires:
Management is a science because:
However, unlike pure sciences, management results vary due to human behaviour and changing environments.
Management shows features of a profession:
But it is not a “full profession” like medicine/law everywhere because entry is not strictly controlled by law and qualifications alone.
The functions are commonly presented as P-O-S-D-C (Planning, Organising, Staffing, Directing, Controlling). Coordination is often treated as the essence running through all functions.
Planning means deciding in advance what to do, how to do it, when to do it and who will do it.
Main steps:
Organising means arranging resources and activities in a structured way to achieve objectives.
Key points:
Staffing means filling organisational positions with competent people and keeping them productive.
Includes:
Directing means guiding and leading people to perform work and achieve goals.
Elements:
Controlling means ensuring that actual performance matches planned performance.
Steps:
Note: Planning and controlling are closely linked—planning sets standards and controlling checks achievement.
Organisations generally have three broad levels:
Examples: Board of directors, CEO, Managing Director, General Manager.
Main functions:
Examples: Department heads, branch managers, plant managers.
Main functions:
Examples: Supervisors, foremen, office superintendent.
Main functions:
The scope of management covers all activities necessary to run an organisation:
In modern organisations, the distinction is not rigid; both are interrelated parts of the same process.
Get instant access to notes, practice questions, and more benefits with our mobile app.
Management is the process of getting work done through and with people to achieve organisational goals efficiently and effectively. It involves planning what to do, organising resources, staffing positions, directing people and controlling results. Understanding the nature, scope, functions and levels of management helps explain how organisations coordinate efforts, use limited resources and achieve results in a disciplined manner.
Management means coordinating human efforts and other resources to achieve goals. In simple terms, it is “getting things done” in an organised way.
Definitions (common exam-friendly forms):
From these definitions, management is:
Management is an art because it requires:
Management is a science because:
However, unlike pure sciences, management results vary due to human behaviour and changing environments.
Management shows features of a profession:
But it is not a “full profession” like medicine/law everywhere because entry is not strictly controlled by law and qualifications alone.
The functions are commonly presented as P-O-S-D-C (Planning, Organising, Staffing, Directing, Controlling). Coordination is often treated as the essence running through all functions.
Planning means deciding in advance what to do, how to do it, when to do it and who will do it.
Access the complete note and unlock all topic-wise content
It's free and takes just 5 seconds
From this topic
Management is goal-oriented because every activity is directed towards achieving organisational objectives. It is a continuous process as planning, organising, directing and controlling go on throughout the life of an organisation. Management is all-pervasive and dynamic, applicable to all types of organisations and adaptable to changes in environment, technology and competition. It is also a social/group activity since work is achieved through people by coordination, motivation and leadership.
Efficiency means optimum use of resources—doing work with minimum cost, time and wastage (doing things right). Effectiveness means achievement of objectives—selecting the right goals and completing the required work (doing the right things). An organisation may be efficient but not effective if it saves cost while pursuing wrong goals; therefore, management aims at both together.
Management is regarded as an art because it involves personal skills, practical knowledge and experience in dealing with people. Managers use judgement, creativity and initiative in areas like leadership, motivation and conflict handling.
Management is also a science because it has a systematic body of knowledge consisting of principles, concepts and theories that explain cause–effect relationships. Modern management uses analysis, forecasting, budgeting and other scientific tools to take decisions. However, it is not a pure science since results may differ due to human behaviour and changing situations.
Management shows features of a profession as it requires specialised knowledge, formal education and training, and is supported by professional bodies (such as AIMA) that promote standards and ethics. But it is not a full profession everywhere because entry is not strictly regulated by law and practice does not require a compulsory licence.
Hence, management is best described as a combination of art and science, with increasing professionalisation.