Definition, feature, nature, functions of management

Different management authors have viewed management from their own angles.

• “Management is the art of getting things done through others and with formally organised groups.” – Harold Koontz
• “Management is the art of knowing what you want to do and then seeing that they do it in the best and the cheapest manner.”- F.W. Taylor
• “Management is a multipurpose organ that manages a business and manages managers and manages workers and work.”- Peter Drucker
• “Management is to forecast, to plan, to organize, to command, to coordinate and control activities of others.”- Henri Fayol
• “Management is the art of getting things done through people.”- M.P. Follet
• ”Management is the accomplishment of results through the efforts of other people.”- Lawrence

Features or characteristic of Management

• Management is goal-oriented.
• Management is a social Process.
• Management is continuous process.
• Management is an organized activity.
• Management is all pervasive.
• Management aims at the accomplishment of predetermined objectives.
• Management is both a science and an art.
• Management is a group activity
• Management principles are universal in nature
• Management integrates human and other resources.

Functions of Management

• Planning
• Organising
• Staffing
• Directing- Supervision, Motivation, Leadership and Communication.
• Controlling

References- Slideshare