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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
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.
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]
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
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
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
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.
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.
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
TRINITY INSTITUTE OF PROFESSIONAL STUDIES
Sector – 9, Dwarka Institutional Area, New Delhi-75

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Management-Concept & Meaning

  • 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
  • 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