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![TRINITY INSTITUTE OF PROFESSIONAL STUDIES
Sector – 9, Dwarka Institutional Area, New Delhi-75
Modern Approach
• “Management is the process of getting things done with the
aim of achieving organizational objectives effectively and
efficiently. “
• “Management is the creation and maintenance of an internal
environment in am enterprise where individuals, working in
groups, can perform efficiently and effectively towards the
attainment of group goals.” [Harold Kootz & Weirich]](https://image.slidesharecdn.com/sagunaslide1pombca-160513071147/75/Management-Concept-Meaning-3-2048.jpg)
Uploaded byTrinity Dwarka
Management-Concept & Meaning
The document discusses the concept and meaning of management. It provides traditional and modern definitions of management as getting things done through others or as a process to achieve organizational goals effectively. It also describes management as an economic resource involving manpower, materials, money, and methods. Further, it states that management is a team, academic discipline, and process. The document outlines the nature and characteristics of management such as it being universal, goal-oriented, continuous, and creative. It explains how management is both an art, requiring personal skills and constant practice, and a science with a systematic body of knowledge. Finally, the importance of management is noted as accomplishing goals, utilizing resources effectively, providing organization and vision, and developing society.
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Management-Concept & Meaning
- 1. TRINITY INSTITUTE OFPROFESSIONAL STUDIES Sector – 9, Dwarka Institutional Area, New Delhi-75 Affiliated Institution of G.G.S.IP.U, Delhi BCA (Second Semester) Principles of Management 20104 Management-Concept & Meaning
- 2. TRINITY INSTITUTE OFPROFESSIONAL STUDIES Sector – 9, Dwarka Institutional Area, New Delhi-75 Management- Traditional Approach • “Management is defined as the art of getting things done through others.” – Art: a range of skills are required to get things done from others – Get things done: to get things done in an organized and disciplined manner – Through people: people who may be managers or non- managers.
- 3. TRINITY INSTITUTE OFPROFESSIONAL STUDIES Sector – 9, Dwarka Institutional Area, New Delhi-75 Modern Approach • “Management is the process of getting things done with the aim of achieving organizational objectives effectively and efficiently. “ • “Management is the creation and maintenance of an internal environment in am enterprise where individuals, working in groups, can perform efficiently and effectively towards the attainment of group goals.” [Harold Kootz & Weirich]
- 4. TRINITY INSTITUTE OFPROFESSIONAL STUDIES Sector – 9, Dwarka Institutional Area, New Delhi-75 Management - Meaning • Management as an economic resource Management Manpower Materials MachineryMethods Money
- 5. TRINITY INSTITUTE OFPROFESSIONAL STUDIES Sector – 9, Dwarka Institutional Area, New Delhi-75 Management - Meaning • Management as a team • Management as an academic discipline • Management as a process
- 6. TRINITY INSTITUTE OFPROFESSIONAL STUDIES Sector – 9, Dwarka Institutional Area, New Delhi-75 Management: Nature & Characteristics • Universal process • Goal oriented/ is a purposeful activity • Continuous process • Creative • Coordinative or unifying force • Group phenomenon • Intangible force • Social process • Multidisciplinary • Balances effectiveness and efficiency • Situational • Executive function • Art as well as science
- 7. TRINITY INSTITUTE OFPROFESSIONAL STUDIES Sector – 9, Dwarka Institutional Area, New Delhi-75 Management as an Art • Main elements of art are: – Personal skills – Practical know-how – Result-orientation – Creativity – Constant practice aimed at perfection Management complies with the above points, so it is an art.
- 8. TRINITY INSTITUTE OFPROFESSIONAL STUDIES Sector – 9, Dwarka Institutional Area, New Delhi-75 Management as a Science • Essential elements of science are: – Systematized body of knowledge – Contains unifying principles and theories – Has universal applicability – Can be taught and learnt Since Management conforms to the above points, it is said to be a science.
- 9. TRINITY INSTITUTE OFPROFESSIONAL STUDIES Sector – 9, Dwarka Institutional Area, New Delhi-75 Importance of Management • Accomplishment of goals • Effective utilization of goals • Sound organization • Providing vision and foresight • Harmony in work • Helping the employees in achieving personal objectives • Development of society and nation
- 10. TRINITY INSTITUTE OFPROFESSIONAL STUDIES Sector – 9, Dwarka Institutional Area, New Delhi-75