Management - Wikipedia
Management - Wikipedia
Etymology
The English verb manage has its roots in the fifteenth-century
French verb mesnager, which often referred in equestrian language
"to hold in hand the reins of a horse".[4] Also the Italian term
maneggiare (to handle, especially tools or a horse) is possible. In
Spanish, manejar can also mean to rule the horses.[5] These three
terms derive from the two Latin words manus (hand) and agere (to
act).
Definitions
Views on the definition and scope of management include:
Theoretical scope
Management involves identifying the mission, objective, procedures,
rules and manipulation[11] of the human capital of an enterprise to
contribute to the success of the enterprise.[12] Scholars have
:
focused on the management of individual,[13] organizational,[14] and
inter-organizational relationships. This implies effective
communication: an enterprise environment (as opposed to a
physical or mechanical mechanism) implies human motivation and
implies some sort of successful progress or system outcome.[15] As
such, management is not the manipulation of a mechanism (machine
or automated program), not the herding of animals, and can occur
either in a legal or in an illegal enterprise or environment. From an
individual's perspective, management does not need to be seen
solely from an enterprise point of view, because management is an
essential function in improving one's life and relationships.[16]
Management is therefore everywhere[17] and it has a wider range of
application. Communication and a positive endeavor are two main
aspects of it either through enterprise or through independent
pursuit. Plans, measurements, motivational psychological tools,
goals, and economic measures (profit, etc.) may or may not be
necessary components for there to be management. At first, one
views management functionally, such as measuring quantity,
adjusting plans, and meeting goals, but this applies even in
situations where planning does not take place. From this
perspective, Henri Fayol (1841–1925)[18] considers management to
consist of five functions:
planning (forecasting)
organizing
commanding
coordinating
:
controlling
In another way of thinking, Mary Parker Follett (1868–1933),
allegedly defined management as "the art of getting things done
through people".[19] She described management as a philosophy.[20]
Critics, however, find this definition useful but far too narrow. The
phrase "management is what managers do" occurs widely,[21]
suggesting the difficulty of defining management without circularity,
the shifting nature of definitions and the connection of managerial
practices with the existence of a managerial cadre or of a class.
Levels
:
An organization chart for the
United States Coast Guard
shows the hierarchy of
managerial roles in that
organization.
Top management
The top or senior layer of management is a small group which
consists of the board of directors (including non-executive directors,
executive directors and independent directors), president, vice-
president, CEOs and other members of the C-level executives.
Different organizations have various members in their C-suite, which
may include a chief financial officer, chief technology officer, and so
on. They are responsible for controlling and overseeing the
operations of the entire organization. They set a "tone at the top"
and develop strategic plans, company policies, and make decisions
on the overall direction of the organization. In addition, top-level
managers play a significant role in the mobilization of outside
resources. Senior managers are accountable to the shareholders,
the general public, and public bodies that oversee corporations and
similar organizations. Some members of the senior management
may serve as the public face of the organization, and they may make
speeches to introduce new strategies or appear in marketing.
Middle management
Consist of general managers, branch managers and department
:
managers. They are accountable to the top management for their
department's function. They devote more time to organizational and
directional functions. Their roles can be emphasized as executing
organizational plans in conformance with the company's policies and
the top management's objectives, defining and discussing
information and policies from top management to lower
management, and most importantly, inspiring and providing
guidance to lower-level managers towards better performance.
Line management
Line managers include supervisors, section leaders, forepersons,
and team leaders. They focus on controlling and directing regular
employees. They are usually responsible for assigning employees
tasks, guiding and supervising employees on day-to-day activities,
ensuring the quality and quantity of production and/or service,
making recommendations and suggestions to employees on their
work, and channeling employee concerns that they cannot resolve
to mid-level managers or other administrators. Low-level or "front-
line" managers also act as role models for their employees. In some
types of work, front-line managers may also do some of the same
tasks that employees do, at least some of the time. For example, in
some restaurants, the front-line managers will also serve customers
during a very busy period of the day. In general, line managers are
:
considered part of the workforce and not part of the organization's
proper management despite performing traditional management
functions.
Undergraduate
At the undergraduate level, the most common business programs
are the Bachelor of Business Administration (BBA) and Bachelor of
Commerce (B.Com.). These typically comprise a four-year program
designed to give students an overview of the role of managers in
planning and directing within an organization. Course topics include
accounting, financial management, statistics, marketing, strategy,
and other related areas.
:
Many other undergraduate degrees include the study of
management, such as Bachelor of Arts and Bachelor of Science
degrees with a major in business administration or management and
the Bachelor of Arts (BA) or Bachelor of Science (BS) in political
science (PoliSci) with a concentration in public administration or the
Bachelor of Public Administration (B.P.A), a degree designed for
individuals aiming to work as bureaucrats in the government jobs.
Many colleges and universities also offer certificates and diplomas in
business administration or management, which typically require one
to two years of full-time study.
Graduate
At the graduate level students aiming at careers as managers or
executives may choose to specialize in major subareas of
management or business administration such as entrepreneurship,
human resources, international business, organizational behavior,
organizational theory, strategic management,[29] accounting,
corporate finance, entertainment, global management, healthcare
management, investment management, sustainability and real
estate.
Good practices
:
While management trends can change fast, the long-term trend in
management has been defined by a market embracing diversity and
a rising service industry. Managers are currently being trained to
encourage greater equality for minorities and women in the
workplace, by offering increased flexibility in working hours, better
retraining, and innovative (and usually industry-specific)
performance markers. Managers destined for the service sector are
being trained to use unique measurement techniques, better worker
support, and more charismatic leadership styles. Human resources
finds itself increasingly working with management in a training
capacity to help collect management data on the success (or failure)
of management actions with employees.[30]
Evidence-based management
Evidence-based management is an emerging movement to use the
current, best evidence in management and decision-making. It is
part of the larger movement towards evidence-based practices.
Evidence-based management entails managerial decisions and
organizational practices informed by the best available evidence.[34]
As with other evidence-based practice, this is based on the three
principles of published peer-reviewed (often in management or
social science journals) research evidence that bears on whether
and why a particular management practice works; judgment and
:
experience from contextual management practice, to understand the
organization and interpersonal dynamics in a situation and
determine the risks and benefits of available actions; and the
preferences and values of those affected.[35][36]
History
Some see management as a late-modern (in the sense of late
modernity) conceptualization.[37] On those terms it cannot have a
pre-modern history – only harbingers (such as stewards). Others,
however, detect management-like thought among ancient Sumerian
traders and the builders of the pyramids of ancient Egypt. Slave
owners through the centuries faced the problems of exploiting and
motivating a dependent but sometimes unenthusiastic or
recalcitrant workforce, but many pre-industrial enterprises, given
their small scale, did not feel compelled to face the issues of
management systematically. However, innovations such as the
spread of Arabic numerals (5th to 15th centuries) and the
codification of double-entry book-keeping (1494) provided tools for
management assessment, planning and control.
Early writing
The field of management originated in ancient China,[39] including
possibly the first highly centralized bureaucratic state, and the
earliest (by the second century BC) example of an administration
based on merit through testing.[40] Some theorists have cited
ancient military texts as providing lessons for civilian managers. For
example, Chinese general Sun Tzu in his 6th-century BC work The
Art of War recommends (when re-phrased in modern terminology)
being aware of and acting on strengths and weaknesses of both a
manager's organization and a foe's.[41] The writings of influential
Chinese Legalist philosopher Shen Buhai may be considered to
embody a rare premodern example of abstract theory of
administration.[42][43] American philosopher Herrlee G. Creel and
other scholars find the influence of Chinese administration in Europe
by the 12th century.[44][45][46][47] Thomas Taylor Meadows, Britain's
consul in Guangzhou, argued in his Desultory Notes on the
Government and People of China (1847) that "the long duration of
the Chinese empire is solely and altogether owing to the good
government which consists in the advancement of men of talent and
:
merit only," and that the British must reform their civil service by
making the institution meritocratic.[48] Influenced by the ancient
Chinese imperial examination, the Northcote–Trevelyan Report of
1854 recommended that recruitment should be on the basis of merit
determined through competitive examination, candidates should
have a solid general education to enable inter-departmental
transfers, and promotion should be through achievement rather than
"preferment, patronage, or purchase".[49][48] This led to
implementation of Her Majesty's Civil Service as a systematic,
meritocratic civil service bureaucracy.[50] Like the British, the
development of French bureaucracy was influenced by the Chinese
system. Voltaire claimed that the Chinese had "perfected moral
science" and François Quesnay advocated an economic and political
system modeled after that of the Chinese.[51] French civil service
examinations adopted in the late 19th century were also heavily
based on general cultural studies. These features have been likened
to the earlier Chinese model.[52]
20th century
At the turn of the twentieth century, the need for skilled and trained
:
managers had become increasingly apparent. The demand occurred
as personnel departments began to expand rapidly. In 1915, less
than one in twenty manufacturing firms had a dedicated personnel
department. By 1929 that number had grown to over one-third.[58]
Formal management education became standardized at colleges
and universities.[59] Colleges and universities capitalized on the
needs of corporations by forming business schools and corporate
placement departments.[60] This shift toward formal business
education marked the creation of a corporate elite in the US.
1. financial management
2. human resource
management
3. Management cybernetics
4. information technology
management (responsible
for management information
systems )
5. marketing management
6. operations management and
production management
7. strategic management
:
21st century
Branches of management theory also exist relating to nonprofits and
to government: such as public administration, public management,
and educational management. Further, management programs
related to civil society organizations have also spawned programs in
nonprofit management and social entrepreneurship.
Nature of work
In profitable organizations, management's primary function is the
satisfaction of a range of stakeholders. This typically involves
making a profit (for the shareholders), creating valued products at a
reasonable cost (for customers), and providing great employment
opportunities for employees. In case of nonprofit management, one
of the main functions is, keeping the faith of donors. In most models
of management and governance, shareholders vote for the board of
directors, and the board then hires senior management. Some
:
organizations have experimented with other methods (such as
employee-voting models) of selecting or reviewing managers, but
this is rare.
Topics
Basics
According to Fayol, management operates through five basic
functions: planning, organizing, commanding, coordinating and
controlling.
Basic roles
Skills
Management skills include:
Implementation of policies
and strategies
Business
and
economics
portal
Certificate in Management
Studies
Engineering management
Outline of management
Outline of business
management
References
External links
Retrieved from
"https://en.wikipedia.org/w/index.php?
title=Management&oldid=1263218720
"