MANAGEMENT: CONCEPT AND NATURE OF

CONCEPT AND NATURE OF MANAGEMENT

 

Many of us thinks it’s very simple to give the meaning of management, it’s as simple as having two girlfriend at the same time without having been caught due to your skills of management . But in reality management is not been simple as that it has its complexity because management is a broad topic. Even me when I study my management class with my old weird professor my mind was blown away due to the boredom I feel while sitting in front of my sleeping beauty professor. Oh by the way don’t be discourage it’s been fun to learn this topic what’s not fun is fighting my boredom in my management professor :-). To help, most specially to those students who are taking up this subject…Lets start!

WHAT IS MANAGEMENT?
There is no precise (exact) definition of management. But one thing is for sure it has decision oriented definition, people oriented definition, function oriented definition, production or efficiency oriented definition, etc. But in general, we can define management as:

~Management is the process of involving, planning, organizing, staffing, directing and controlling human efforts to objectives stated in the organization.~

NATURE OF MANAGEMENT
The study and application of management techniques in managing the affairs of the organization have change its nature over the period of time. Various contributions to the field of management have changed its nature. Therefore, the nature of management can be described as follows:
1. Multidisciplinary- It draws knowledge and concepts from various disciplines. It draws freely ideas and concepts from psychology, sociology, anthropology, economics, ecology, etc. Management integrates the ideas and concepts taken from these disciplines and presents newer concepts which can be put into practices for managing the organization.
2. Dynamic nature of principles- principle is a fundamental truth which establishes
cause and effect relationship of function.
3. Relative, not absolute principles- Management principle are relative, not absolute and they should be applied according to the need of the organization.
4. Management; science or art- There is a controversy whether management is science or art. Management is both science and art.
5. Management as profession- existence of knowledge, acquision of knowledge, profession association, ethical codes, and service motive.

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