Friday, 24 August 2012

Meaning & Definition of Management


Meaning & Definition Of Management

Management is the process to manage the work by which most important elements can be achieved these are desire, goals and objective. For long run to success it denotes not only the function but also the people who discharge it. It denotes not only a special position but also a discipline.
          Management is the art of getting things done with people. It is the function of getting  things done through the people and directing the effort of individual towards a common objectives.
          According to the American Management Association, “ The art of getting things done through other people.”
          Peter F. Drucker defines, “Management is an organs, organs can be described and defined only through their functions.”
          Henry Fayol, “ To manage is to forecast and plan, to organize, to compound, to co-ordinate and to control.”
          Knootz and O’Donnel, “ Management is the creation and maintenance of an internal environment in an enterprise where individuals, working in groups, can perform efficiently towards the attainment of group goals. It is the art of getting the work done through and with people in formally organized groups.”
          Ross Moore states,” Management means decision-making.”
F.W.Taylor says,” Management is the art of knowing what you want to do and then seeing that it is done in the best and cheapest way.”
          Management is the group of activities which drafts plans, prepare policies and arranges men, money, machine and materials required to achieve the objectives. The management gives satisfaction to and rewards those who are engaged in the operation and ensuring an excellent performance. In other words, management is the process consisting of the functions of planning, organizing, staffing, directing and controlling the operations to achieve specified objectives. 

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