Module 1 Flashcards
Getting things done through other people.
Management
Produces predictability and order. Also, provides the “what” needs to be done.
Management
Management can be considered as: (3)
- science
- profession
- art
Systematic body of knowledge with theories, concepts, principles, experiments & functions which are systematically & logically analyzed
MANAGEMENT AS A SCIENCE
Precise elements, scientific & exact aspects to be learned & assimilated
MANAGEMENT AS A SCIENCE
Knowledge & practices are developed through various observations & experiments which are research & experiment-based
MANAGEMENT AS A SCIENCE
Availability of systematic knowledge, skills, and aptitudes must be understood for aspiring managers
MANAGEMENT AS A PROFESSION
Requires formal education and training with updates of professionalism
MANAGEMENT AS A PROFESSION
Professional managers must be joined in associations that follow rules and regulations according to the objective set
MANAGEMENT AS A PROFESSION
All management efficient people should have academic qualification and personal qualification from any body
MANAGEMENT AS A PROFESSION
Uses creativity, imagination, initiative, and invention within the overall sphere of the occupation.
MANAGEMENT AS AN ART
- Managers apply their interest, ability and skills for solving contemporary issues through decisions which ignite their creativity
- Manager must possess practical knowledge acquired from experiences which helps in working according to situation
MANAGEMENT AS AN ART
- A manager needs to know how to apply various principles in real situations by function in the capacity of a manager. Management as art is personalized.
- Every manager has his own way of managing things based on his knowledge, experience, and personality.
MANAGEMENT AS AN ART
“Management is the art of getting things done through other and with formally organized groups.”
According to Harold Koontz
“Management is the art of knowing what you want to do and then seeing that they do it in the best and the cheapest manner.”
According to F.W Taylor
“Management is a distinct process consisting of planning, organizing, actuating and controlling; utilizing in each both science and arts, and followed in order to accomplish pre-determined objectives.”
According to George R. Terry
“Management is the process of forecasting, planning, organizing, commanding, coordinating and controlling.”
According to Henri Fayol
“Management is the social process of planning, coordination, control, and motivation.”
According to E.F.L Brech
“Management is the organizational direction based on sound common sense, pride in the organization and enthusiasm of its works.”
According to Tom Peters
- Getting things done through people
* Creative and energetic combination of scarce resources into effective and profitable activities
Management
- Combination of skills and talents of individuals concerned
- Accomplish a common mission
Management
Describes the organization’s purpose and its overall intention.
MISSION
The guiding principle in the decision-making process during the planning phase.
MISSION
There are certain inborn qualities, such as initiative, courage, and intelligence that might predestine someone to leadership.
LEADERS