process of management. It is important to classify here that the importance of management isnot limited to business alone but it is needed at all those places where human activities take place-for example: educational Institutions, Religious Institution, Govt. departments, unions,forces, families.
MEANING OF MANAGEMENT“Anything minus Management is nothing”
Sherlekar and Sherlekar’—
The word “management” can be styled as MANAGE-MEN-T. That means manage mentactfully. Why manage men tactfully. This is with a view to get the things done being withthem. Thus management means managing men tactfully to get the things done being with them.Thus management. In order to manage men tactfully, one has to understand the highlyunpredictable and uncertain human nature owing to this management is very complicated andchallenging activity.Some times it is known as a group of administration officers working in a particular institution and sometimes it means a process of planning, organizing, staffing, directing, co-coordinating and controlling.In the light of different opinions the
meaning of management can be analyzed in thefollowing ways:
Management as a process:
some times it is defined as a process. A process hasmeans that different activities like planning, organizing, staffing, leading, controllingthrough a definite process.(ii)In other words, management is a definite process when coordinates different activitiesfor the attainment of an aim or target set by an institution or organization.(iii)
Management as a discipline:
management is fast emerging as a discipline. Disciplinehere means a separate and recognized subject, which has its own identity.Management is also being recognized as separate syllabi because it has its ownthoughts, principles and methodology.(iv)
Management as a economic resource:
economists have accepted management as aresource of production like other resources (land, labour, capital, material andmachine). Production is not possible without these basic things.(v)
Management as a noun:
when it is addressed as a noun, it is related to those personswho get other people’s work completed.
board of directors, managing, generalmanages etc.