Principles of Management Introduction
Principles of Management Introduction
Principles of Management Introduction
PRINCIPLES OF MANAGEMENT
UNIT –I
INTRODUCTION – MANAGEMENT
The work done in any place be it a household, a business establishment, a Legislative Assembly
or the Parliament, requires proper planning, organisation, direction, co-ordination and control.
Planning helps to do the work in a systematic manner. Organising helps to mobilise the
necessary resources and fix responsibilities on individuals. Direction helps to supervise and
motivate people at work. Co-ordination establishes link between the various activities
performed. Control helps us to know whether the plan has been successfully implemented and
the objective laid down in the plan has been fully achieved.
MEANING OF MANAGEMENT
DEFINITIONS OF MANAGEMENT
Management is the art of getting things done through people — MARY PARKER FOILET.
To manage is to forecast and plan, to organise, to command, to co-ordinate, and to control ---
HENRY FAYOL.
Management is the process of getting things done through the agency of a community. The
functions of management are the handling of a community with a view to fulfilling the purposes
for which it exists --- SIR CHARLES REYNOLD
Management is simply the process of decision-making and control over the actions of human
being for the expressed purpose of attaining predetermined goals -- STANLEY VANCE.
Management is the art of knowing exactly what you want your men to do and then seeing that
they do it in the best and the cheapest way F.W. TAYLOR.
Management is a process of releasing and directing human energies towards attaining definite
goal --- WILSON.
Management is the process of optimising human, material and financial contributions for the
achievement of organisational goals -- PEARCE AND ROBINSON.
Management is the art of directing and inspiring people -- MOONEY AND REILEY.