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 discusses management as an economic resource involving manpower, materials, money, and machinery. Further, it describes management as a team, academic discipline, and process. It outlines the nature and characteristics of management such as 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, it discusses the importance of management in accomplishing goals, utilizing resources effectively, providing organization and vision, and developing society.
1. TRINITY INSTITUTE OF PROFESSIONAL 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 OF PROFESSIONAL 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 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]
4. TRINITY INSTITUTE OF PROFESSIONAL STUDIES
Sector – 9, Dwarka Institutional Area, New Delhi-75
Management - Meaning
• Management as an economic resource
Management
Manpower
Materials
MachineryMethods
Money
5. TRINITY INSTITUTE OF PROFESSIONAL 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 OF PROFESSIONAL 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 OF PROFESSIONAL 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 OF PROFESSIONAL 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 OF PROFESSIONAL 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 OF PROFESSIONAL STUDIES
Sector – 9, Dwarka Institutional Area, New Delhi-75