CONCEPT, MEANING AND DEFINITION OF MANAGEMENT

Introduction:

The word Management is one of the keywords in today's world. All type of organization, formal and informal have to process a strong system management. Today management is essential not only in corporation houses, but even for educational institutions to functions in an order manner. It is here that the concept of management comes into existence.

Concept, Meaning and Definition of Management:

Word Management is derived from the French word "Management" It means the art of directing and leading. The concept and meaning of management can be understood better with the help of following diagram.

Noun, Management implies individuals who exercise leadership in educational institution, that is the principal, vice-principal and teachers.

Process, Management implies planning, organizing, directing, staffing and controlling.

An Academic Discipline, Management refers to a vast body of knowledge, theories, laws and practices.

Definition of Management:

"Management is a process of development of people. It is the process of personnel administration".

-Lawrence Appy 

   

"To manage is to forecast to plan, to organize, to control and to co-ordinate".

-Henri Fayol                             

"The art of getting things done through people".

-Mary Parker Follet                                                        

"Management is the art of knowing what you want to do in the best and cheapest way".

-Fredrick W. Taylor   

"Management is the art of getting things done through people's formally organized group."

-Harold Keentz   

"Management is the process of combining and coordinating a range of resources, either in the form of money, people or equipment to achieve an organization goals".

-http://wikianswers.com                              

These various definitions point out that management includes following:

1. lay down objectives
2. decide policies and programmes
3. make optimum use of physical and human resources
4. guide, direct and motivate human resources
5. achieve pre-determined objectives
6. evaluate the performance