Management Programs IIM: Corporate Responsibility

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Management Programs IIM

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forecast, plan, organize, command, coordinate and control". Peter F
Drucker defines Management as “An Economic Organ of industrial
society”; E.F.L. Breach says “Management is concerned with seeing that
the job gets done, its tasks are centered on planning and guiding the
operations that are going on in the enterprise”; According to George R
Terry “Management is a distinct process consisting of planning,
organizing, actuating and controlling performance to accomplish the
objectives by the use of people and resources”.

Management is taking inputs, transforming them into output-either a


good or service; the effectiveness of this transforming the input into
output depends on the Management - especially when the resources are
scarce; It is a group activity; motivating others and getting the things
done within the stipulated time, without compromising on the quality of
the result; it gives shape and color to the great ideas of the manager;
Management involves dealing with people who have different
understanding, sensitivity, knowledge, capability, responsibility,
maturity.
 
In general sense, management is the art of handling the different aspects
of the organization. And it is also a type of science like the mathematics
is a formal science then management is also came in the category of the
formal science. But if take a look keenly then, management is totally an
art. This is an art that how we communicate with the general people,
which came in the management. It is the ability and art of a manager that
handles the organization in well manner and keeps growing the
organization level because of using his abilities.

Let us suppose that a person came to a manager in very angry mode, and
after taking to the manager, he is convinced according to the manager
point of view, then it was the art of a manager that he has handled the
customer in a friendly way.
Management is not totally depend upon the manager's ability, it also the
team work of the other organization members, who contribute there
effort for the organization. Again it is an art that a group of people work
together for so long time and reach to some high level, because of there

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