Definition of Management
Topic 1:1 Defining
Management Management has existed since
long time ago. From time of creation, every human being was set to achieve
something. The concept of management was
there e.g. think of the construction of pyramids in Egypt, Great walls of
China, Adam Smith, “Wealth of Nation 1776”, Industrial Revolution , think of
the Zulu King; Shaka Zulu whose warriors was
formidable, all these point out that management has been existing for a long
time. In the Bible, we read of how Noah was instructed by God construct an
Ark. Noah built the Ark with his family through management. Definition of Management a. I can define it as “Manage Man” b. Other gurus define it “Art of getting things done through others”.
c. Henri Fayol – “forecast, control, plan and to evaluate” (so as to get things done in the org.) d. Others – “directing,
staffing, planning, controlling and organizing e.
Achieving Organizational Objectives: objectives
are the desired end-results the organization is striving to achieve. These
objectives give purpose and direction to the management process and also
serve later as measuring sticks for performance. f.
Balancing Effectiveness and Efficiency: effectiveness
(doing the right thing) is the degree to which the goals of an organization
have been met. In essence, effective managers are those who select the
correct approaches and achieve their goals. But given the reality of limited
resources, effectiveness alone is not enough. Efficiency (doing the thing
right) is an element in the process of management that balances the amount of
resources used to achieve an objective against the outputs. It is based on
the physical and engineering sciences and concerns the relationship between
inputs and outputs. |