Principles of Management |
CHAPTER 1: MANAGING IN
TODAY’S WORLD
William G. “Bill” Borges with Risidaxshinni Kumarusamy
Principles of Management |
Learning Outcomes
•Define management from multiple perspectives.
•Understand the meaning of management.
•Explain the areas of management.
•Understand the functions of management.
•Discuss the types and levels of managers in organizations.
•Describe the roles of managers in organizations.
•Discuss the skills required by managers in organizations.
Principles of Management |
Definitions of Management
•Productivity-Oriented Definitions
•“Management is the art of knowing what you want to do and then seeing that it is done in the best and
the cheapest manner.”–F.W. Taylor
•People-Oriented Definitions
•“Management is the development of people and not the direction of things.”– Lawrence A. Appley
•“Management is a specialty in dealing with matters of time and human relationships as they arise in
organizations.”– Stoner, Freeman and Gilbert
•Goal-Oriented Definitions
•“Management is the art of getting things done through others and with formally organized groups.”–
Harold Koontz
•“Management is the art of getting things done through people.”– Mary P. Follett
Principles of Management |
Definitions of Management (Cont’d)
•Process-Oriented Definitions
•“Management may be defined as the process by means of which the purpose and objectives of a particular human group are
determined, clarified and effectuated.“ – E. Peterson and E.G. Plowman
•“Management is a distinct process consisting of planning, organizing, actuating and controlling; utilizing in each both science and art,
and followed in order to accomplish pre-determined objectives.” – George R. Terry
•Leadership-Oriented Definitions
•“Management is simply the process of decision-making and control over the actions of human beings for the purpose of attaining
predetermined goals.” – Stanley Vance
•“Management is the art and science of decision making and leadership.” – Donald J. Clough
•Other Definitions
•“Management is a multipurpose organ that manages a business and manages managers and manages workers and work.” – Peter
Drucker
•“Good management achieves a social objective with the best use of human and material energy and time, and with satisfaction for
the participants and the public.” – Mary Cushing Niles
The Meaning of Management
Individuals, groups, and
organizations may
interpret management
differently depending on
their perspectives and
A noun
