This document discusses nursing administration and ward management. It defines administration as the organization and direction of human and material resources to achieve goals. Management is defined as the process of directing and guiding operations. The key difference between administration and management is that administration focuses on formulating policies and objectives while management focuses on implementation. The document outlines several philosophies and principles of administration including human relations, communication, and delegation. It also discusses the elements of administration such as planning, organizing, staffing, directing, coordinating and budgeting. Finally, it notes that effective management is significant as it allows organizations to achieve goals, utilize resources efficiently, minimize costs, survive and grow, generate employment, and develop the nation.