Management is evolving as a profession with several key features: 1. There is a systematic body of knowledge in management that helps professionals gain specialized expertise. 2. Professional associations for managers are developing that could help regulate the field and grant certifications. 3. There is a growing emphasis on ethical codes of conduct for managers. However, management is not fully considered a profession yet because entry is not strictly restricted based on qualifications, and the primary goal of business is profit rather than social welfare.

1. MANAGEMENT AS
PROFESSION

2. A Profession involves the application of expert knowledge for the solution of
specific problems guided & governed by a code of conduct & social responsibilities.
LOUIS A. ALLEN- “A professional manager is one who specializes in the work of
planning, organizing, leading & controlling the efforts of others & does so through
systematic use of classified knowledge , a common vocabulary & principles & who
subscribes to the standards of practice & code of ethics established by a
recognized body”.
Management is gradually evolving as a profession. Some of the essential features

3. 1. EXISTENCE OF KNOWLEDGE
• In every profession, there is practice of systematic body of knowledge, which
helps the professionals to gain specialized knowledge of that profession. In case
of management, also there is availability of systematic body of knowledge. So
presently this feature this profession is present in management also.

4. 2. RESTRICTED ENTRY
• No one can enter a profession without passing the prescribed examination. Entry
into a profession is restricted & members of a profession are allowed to practice
only after getting license .

5. 4. PROFESSIONAL ASSOCIATION
• In every profession, there is a statutory association or institution, which regulates
entry in the profession & grants certificate of practice.

6. 3. ETHICAL CODE OF CONDUCT
• For every profession there are set of ethical codes fixed by professional
organization & are binding on all the professionals of that profession. In case of
management, there is growing emphasis on ethical behavior of managers.

7. • So from the features, it is quite clear that management fulfills several essentials of
a profession, so management may be regarded as a profession because

8. 1. It contains a specialized body of knowledge.
2. Managers have a service motive.
3. There are associations of managers.
4. There is a code of conduct for managers.

9. For watching
- HAPPY LEARNING

10. MANAGEMENT CANNOT BE REGARDED AS A FULL-
FLEDGED PROFESSION BECAUSE :-
1. All managers are supposed to abide by the code formulated by AIMA.
2. It does not restrict the entry in managerial jobs for account of one standard or
other.
3. Mangers are known by their performance & not mere degrees.
4. No minimum qualifications have been prescribed for managers.
5. The ultimate goal of business is to maximize profit & not social welfare.