The document discusses different definitions and views of management provided by various authors and thinkers over time. It notes that management has been viewed from different angles with emphasis on different aspects, such as engineering, human relations, decision making, and leadership. Some key definitions presented include management being the art of getting things done through others, the process of planning, organizing, actuating and controlling to accomplish objectives, and a social and technical process that utilizes resources to facilitate organizational change and goals. Traditional views see management as the process of planning, organizing, staffing, directing and controlling others and resources to achieve organizational aims.
2. It is very difficult to give a precise definition of
the term management. Different management
authors have viewed management from their
own angles moreover, during the evolutionary
process of management different thinkers laid
emphasis on different expects. For example,
F.W. Taylor emphasized engineering aspects,
Elton Mayo laid emphasis on human relations
aspects, E.F.L, Brech, George R. Terry emphasis
on, decision making aspect, Ralph Davis stresses
leadership aspect and some other like Barry
Richman etc. emphasized integration or
coordination aspect
3. “Management is the art of getting things done
through others and with formally organised
groups.”
Harold koontz
4. “Management is the art of knowing what you
want to do and then seeing that they do it in
the best and the cheapest manner.”
F.W Taylor
5. “Management is a distinct process consisting of
planning, organising, actuating and controlling;
utilising in each both science and arts, and followed
in order to accomplish pre-determined objective.”
George R.Terry
6. “Management is a multipurpose organ that
manage a business and manages managers
and manages workers and work.”
Peter Drucker
7. “Management is to forecast, to plan, to
organize, to command, to coordinate and
control activities of others.”
Henri Fayol
8. “Management is the art of getting things done
through people.”
M.P. Follett
9. “Good management, or scientific
management, achieves a social objective
with the best use of human and material
energy and time, and with satisfaction for
the participants and the public.”
Mary Cushing Nile
10. “Management is defined as the process by
which a cooperative group directs action
towards common goals.”
Joseph Massie
11. “Management is a social and technical process
which utilizes, resources, influences, human
action and facilitates changes in order to
accomplish organizational goals.”
Theo Haimann & William Scott
12. Traditional View Point
Art of getting things done by other
Process of planning, organizing, staffing, directing
and controlling activities of others
Mobilizing and utilizing physical and human
resources for achieving organizational goal.
13. Prime mover of organization making it
functional and productive
Process of creating conductive and proper
internal environment in the organization
Process of coping with changing external
environment by relating strengths and
weakness of organization with it
14. Everyone is affected by the management
because management is present in every
aspect of the world it applies to managing
oneself focusing our abilities towards the
goal.
15. The first and the basic task of the manager is
to plan and execute the same the managers
assess the organisational goals and resource
and defines these goals clearly for others.
16. The term value creation is important because
it highlights the shift from managing
resources to managing the results or
performance of the organisation
18. This where strategy comes in how to do
batter that your compotators by doing it
differently.
Examine what wall mart the discount retailer
did differently from compotators.
Adopting the super market means lower costs
and cheaper products.
Up to date inventory means know what’s
selling and how much.
19. measurements can be guides indicators and
achievements for the managers and the
subordinates
20. Management must look at short-term and
long-term performance. Long term
performance needs innovation and
entrepreneurial attitude
Betting on the future, innovation and
uncertainty
Innovation in management is searching for
new value or new ways to create value.
Without innovation a company will stagnate
and fall behind the competition.
Because the future is uncertain