Management Defintions
What is Management? Definitions
According to Harold Koontz,
"Management is the art of getting things done through and with people in formally organised groups."
Harold Koontz gave this definition of management in his book "The Management Theory Jungle".
According to Henri Fayol,
"To manage is to forecast and to plan, to organise, to command, to co-ordinate and to control."
Henri Fayol gave this definition of management in his book "Industrial and General Administration".
Image Credits © Michael Heiss.
According to Peter Drucker,
"Management is a multi-purpose organ that manages business and manages managers and manages workers and work."
This definition of management was given by Peter Drucker in his book "The Principles of Management".
According to Mary Parker Follet,
"Management is the art of getting things done through people."
Meaning of Management
According to Theo Heimann, management has three different meanings, viz.,
1. Management as a Noun : refers to a Group of Managers.
2. Management as a Process : refers to the Functions of Management i.e. Planning, Organising, Directing, Controlling, etc.
3. Management as a Discipline : refers to the Subject of Management.
Management is an individual or a group of individuals that accept responsibilities to run an organisation. They Plan, Organise, Direct and Control all the essential activities of the organisation. Management does not do the work themselves. They motivate others to do the work and co-ordinate (i.e. bring together) all the work for achieving the objectives of the organisation.
Management brings together all Six Ms i.e. Men and Women, Money, Machines, Materials, Methods and Markets. They use these resources for achieving the objectives of the organisation such as high sales, maximum profits, business expansion, etc.
Features of Management
The nature, main characteristics or features of management are :-
1. Continuous and never ending process
Management is a
According to Harold Koontz,
"Management is the art of getting things done through and with people in formally organised groups."
Harold Koontz gave this definition of management in his book "The Management Theory Jungle".
According to Henri Fayol,
"To manage is to forecast and to plan, to organise, to command, to co-ordinate and to control."
Henri Fayol gave this definition of management in his book "Industrial and General Administration".
Image Credits © Michael Heiss.
According to Peter Drucker,
"Management is a multi-purpose organ that manages business and manages managers and manages workers and work."
This definition of management was given by Peter Drucker in his book "The Principles of Management".
According to Mary Parker Follet,
"Management is the art of getting things done through people."
Meaning of Management
According to Theo Heimann, management has three different meanings, viz.,
1. Management as a Noun : refers to a Group of Managers.
2. Management as a Process : refers to the Functions of Management i.e. Planning, Organising, Directing, Controlling, etc.
3. Management as a Discipline : refers to the Subject of Management.
Management is an individual or a group of individuals that accept responsibilities to run an organisation. They Plan, Organise, Direct and Control all the essential activities of the organisation. Management does not do the work themselves. They motivate others to do the work and co-ordinate (i.e. bring together) all the work for achieving the objectives of the organisation.
Management brings together all Six Ms i.e. Men and Women, Money, Machines, Materials, Methods and Markets. They use these resources for achieving the objectives of the organisation such as high sales, maximum profits, business expansion, etc.
Features of Management
The nature, main characteristics or features of management are :-
1. Continuous and never ending process
Management is a