INTRODUCTION TO MANAGEMENT
Introduction to Management: When human being started group activities for the
attainment of same common objectives whenever a group is formed and a group activity
is organized to achieve certain common objectives management is needed to direct, coordinate and integrate the individual activities of a group and secure teams work to
accomplish organizational objectives. The objectives of all business are attained by
utilizing the scare resources like men, materials, machines, money etc.
In process of management, a manage uses human skills, material resources and
scientific methods to perform all the activities leading to the achievement of goods.
Definition: “Management is knowing exactly what you want men to do and then seeing
that they do it the best and cheapest ways”.
“Management is defined as the creation and maintenance of an internal environment in an
enterprise where individuals working together in groups, can perform efficiently and
effectively towards the attainment of group goals”.
__Koontz and O‟Donell
Nature of Management: The study and application of management techniques in
managing the affairs of the organization have changed its nature over the period of time.
Multidisciplinary: Management is basically multidisciplinary. This implies that, although
management has been developed as a separate discipline, it draws knowledge and
concepts from various disciplines. It draws freely ideas and concepts from such
disciplines as psychology, sociology, anthropology, economics, ecology, statistics,
operations research, etc. Management integrates the ideas and concepts taken from these
disciplines and present newer concepts which can be put into practice for managing the
Dynamic nature of principle: Based on integration and supported by practical evidences,
management has formed certain principles. However, thes