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“Introduction to

Management”
What Is management ?
Definitions !
Thoughts !
Principles Of management !
Management as various
subject !
What is management ?
 The verb manage comes from the Italian maneggiare (to
handle — especially tools), which in turn derives from the
Latin manus (hand). The French word mesnagement (later
ménagement) influenced the development in meaning of the
English word management in the 17th and 18th centuries.

 Management in all business areas and organizational activities


are the acts of getting people together to accomplish desired
goals and objectives efficiently and effectively. Management
comprises planning, organizing, staffing, leading or directing,
and controlling an organization (a group of one or more people
or entities) or effort for the purpose of accomplishing a goal.
 Another common view is that "management" is getting
things done through others.

 To most employees, the term "management" probably


means the group of people (executives and other
managers) who are primarily responsible for making
decisions in the organization. In a nonprofit, the term
"management" might refer to all or any of the activities of
the board, executive director and/or program directors.

 Management can also be defined as human action, including


design, to facilitate the production of useful outcomes
from a system.

 Traditionally, the term "management" refers to the


activities (and often the group of people) involved in the
four general functions: planning, organizing, leading and
coordinating of resources.
Definitions of management :
 Mary Parker Follett (1868–1933), who wrote on the topic in the
early twentieth century, defined management as "the art of
getting things done through people". She also described
management as philosophy.

 Management is a process of planning, organizing, leading, and


controlling the work of organization members and of using all
available organizational resources to reach stated
organizational goals.

 According to the management guru Peter Drucker (1909-2005),


the basic task of a management is two fold: marketing and
innovation.
 Effective utilization and coordination of resources such as
capital, plant, materials, and labour to achieve defined
objectives with maximum efficiency.

www.ecbp.org/glossary.htm

 The process of setting and achieving goals through the


execution of five basic management functions: planning,
organizing, staffing, directing, and controlling; that utilize
human, financial, and material resources.

www.crfonline.org/orc/glossary/m.html
Thoughts :
 The conventional definition of management is getting
work done through people, but real management is
developing people through work. ~ Agha Hasan Abedi

 If you pick the right people and give them the


opportunity to spread their wings—and put
compensation as a carrier behind it—you almost don’t
have to manage them. ~ Jack Welch

 Good management is the art of making problems so


interesting and their solutions so constructive that
everyone wants to get to work and deal with them. ~
Paul Hawken
 Make your top managers rich and they will make you
rich. ~ Robert H. Johnson

 Organization doesn’t really accomplish anything. Plans


don’t accomplish anything, either. Theories of
management don’t much matter. Endeavors succeed or
fail because of the people involved. Only by attracting
the best people will you accomplish great deeds. ~ Colin
Powell
Principles of Management :
 Management is dynamic.

 Management is universal.

 Management is profession.

 Management is a group of functions.

 Management is people oriented.


 Coordination is a key to the success of
management.
Management as an Art !
 We can consider management as an art
because it requires more of skill, ability and
capacity to deal with and tackle with the
situations.

 Not all the human beings are capable of doing


that so therefore we can say it as an art.
Management as science !
 As we know that every thing which has it’s own
principle and law is considered as science.

 As management has it’s own principles, theories and


laws we can say that it is an science.

 As from the above discussion we can consider


management as both the art and science !

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