Management has been described as a social process involving responsibility for economical and effective planning & regulation of operation of an enterprise in the fulfillment of given purposes. It is a dynamic process consisting of various elements and activities. These activities are different from operative functions like marketing, finance, purchase etc. Rather these activities are common to each and every manger irrespective of his level or status.

Different experts have classified functions of management. According to George & Jerry, “There are four fundamental functions of management i.e. planning, organizing, actuating and controlling”.

According to Henry Fayol, “To manage is to forecast and plan, to organize, to command, & to control”. Whereas Luther Gullick has given a keyword ’POSDCORB’ where P stands for Planning, O for Organizing, S for Staffing, D for Directing, Co for Co-ordination, R for reporting & B for Budgeting. But the most widely accepted

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© Copyright Carter McNamara, MBA, PhD, Authenticity Consulting, LLC.

Comprehensive, practical book by Carter McNamara

The guidelines and resources in this topic are not sufficient to develop
strong competencies in management. Those competencies come from extensive experience
in applying that information.

Sections of This Topic Include

What is Management?
— Traditional View of Management
— Common Terms, Levels and Roles in Management
— Is Leading Different Than Managing?

To Truly Understand Management, Know Its Broad Context
— Different Levels and Roles of Management
— Historical Theories
— New Paradigm in Management
— Contemporary Theories

How to Do Traditional Functions in Management
— Planning
— Organizing
— Leading
— Controlling / Coordinating

How to Manage Yourself, Groups and Organizations
— Suggested Core Competencies to Manage in Any Situation
— How to Manage Yourself
— How to Manage a Group
— How to Manage an Organization

How to Manage Nonprofit-Specific Activities

Basic

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square What is Management? Definitions

According to Harold Koontz,

“Management is the art of getting things done through and with people in formally organised groups.”

Harold Koontz gave this definition of management in his book “The Management Theory Jungle“.

According to Henri Fayol,

“To manage is to forecast and to plan, to organise, to command, to co-ordinate and to control.”

Henri Fayol gave this definition of management in his book “Industrial and General Administration“.

management definition meaning features

Image Credits © Michael Heiss.

According to Peter Drucker,

“Management is a multi-purpose organ that manages business and manages managers and manages workers and work.”

This definition of management was given by Peter Drucker in his book “The Principles of Management“.

According to Mary Parker Follet,

“Management is the art of getting things done through people.”

square Meaning of Management

According to Theo Heimann, management has three

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