Management is the force that integrates organisational resources into an efficient operating unit through planning, organising, staffing, directing and controlling.
It consists of five broad functions- planning, organising, staffing, directing and controlling. Coordinating is the essence of management because it is relevant for all five functions; it is not a separate function of management.
Definition by different authors-
According to George R. Terry, ”It Is a distinct process consisting of planning, organising, actuating and controlling; utilising in each both science and art, and followed in order to accomplish pre-determined objectives.”
Management is a multipurpose organ that manage a business and manages Managers and manages Workers and work. —Peter Drucker
According to Peterson and Plowman, “It may be defined as the process by means of which the purpose and objectives of a particular human group are determined, clarified and effectuated”
According to Harold Koontz, “Management is an art of getting things done through and with the people in formally organized groups. It is an art of creating an environment in which people can perform and individuals and can co-operate towards attainment of group goals.”
According to F.W. Taylor, “Management is the art of knowing what you want to do and then seeing that they do it in the best and the cheapest may.”
Mary Parker Follett says, Management is the “art of getting things done through people.”
Van Fleet and Peterson says, “It is a set of activities directed at the efficient and effective utilization of resources in the pursuit of one or more goals.”
Kreitner’s says, ”It is a problem solving process of effectively achieving organizational objectives through the efficient use of scarce resources in a changing environment.”
Megginson, Mosley and Pietri define it as “working with human, financial and physical resources to achieve organizational objectives by performing the planning, organizing, leading and controlling function”.
Hello Peeps, I’m Dipansu Singh, student and a content writer.