Principles of Management-Management-Concept & Meaning Management- Traditional Approach Modern Approach Management - Meaning Management: Nature & Characteristics Management as an Art Management as a Science Importance of Management

1. TRINITY INSTITUTE OF PROFESSIONAL STUDIES
Sector – 9, Dwarka Institutional Area, New Delhi-75
Affiliated Institution of G.G.S.IP.U, Delhi
BCA
(Second Semester)
Principles of Management
20104
Management-Concept & Meaning
By: Saguna Khajuria
Assistant Professor

2. TRINITY INSTITUTE OF PROFESSIONAL STUDIES
Sector – 9, Dwarka Institutional Area, New Delhi-75
Management- Traditional Approach
• “Management is defined as the art of getting
things done through others.”
– Art: a range of skills are required to get things done from
others
– Get things done: to get things done in an organized and
disciplined manner
– Through people: people who may be managers or non-
managers.

3. TRINITY INSTITUTE OF PROFESSIONAL STUDIES
Sector – 9, Dwarka Institutional Area, New Delhi-75
Modern Approach
• “Management is the process of getting things done with the
aim of achieving organizational objectives effectively and
efficiently. “
• “Management is the creation and maintenance of an internal
environment in am enterprise where individuals, working in
groups, can perform efficiently and effectively towards the
attainment of group goals.” [Harold Kootz & Weirich]

4. TRINITY INSTITUTE OF PROFESSIONAL STUDIES
Sector – 9, Dwarka Institutional Area, New Delhi-75
Management - Meaning
• Management as an economic resource
Management
Manpower
Materials
MachineryMethods
Money

5. TRINITY INSTITUTE OF PROFESSIONAL STUDIES
Sector – 9, Dwarka Institutional Area, New Delhi-75
Management - Meaning
• Management as a team
• Management as an academic discipline
• Management as a process

6. TRINITY INSTITUTE OF PROFESSIONAL STUDIES
Sector – 9, Dwarka Institutional Area, New Delhi-75
Management: Nature & Characteristics
• Universal process
• Goal oriented/ is a purposeful activity
• Continuous process
• Creative
• Coordinative or unifying force
• Group phenomenon
• Intangible force
• Social process
• Multidisciplinary
• Balances effectiveness and efficiency
• Situational
• Executive function
• Art as well as science

7. TRINITY INSTITUTE OF PROFESSIONAL STUDIES
Sector – 9, Dwarka Institutional Area, New Delhi-75
Management as an Art
• Main elements of art are:
– Personal skills
– Practical know-how
– Result-orientation
– Creativity
– Constant practice aimed at perfection
Management complies with the above points, so
it is an art.

8. TRINITY INSTITUTE OF PROFESSIONAL STUDIES
Sector – 9, Dwarka Institutional Area, New Delhi-75
Management as a Science
• Essential elements of science are:
– Systematized body of knowledge
– Contains unifying principles and theories
– Has universal applicability
– Can be taught and learnt
Since Management conforms to the above
points, it is said to be a science.

9. TRINITY INSTITUTE OF PROFESSIONAL STUDIES
Sector – 9, Dwarka Institutional Area, New Delhi-75
Importance of Management
• Accomplishment of goals
• Effective utilization of goals
• Sound organization
• Providing vision and foresight
• Harmony in work
• Helping the employees in achieving personal
objectives
• Development of society and nation

10. TRINITY INSTITUTE OF PROFESSIONAL STUDIES
Sector – 9, Dwarka Institutional Area, New Delhi-75
Key words:
Management, economic resource, art, science, goals, knowledge.