Evolving through ancient practices, 19th century classical economics, and 20th and 21st century management gurus, management is a respected and acknowledged process today. Business schools teaching management...
At its very basic form, management is a process, a technique of managing; handling, supervision, or control. Small works or events, involving a minimal of manpower or resources require very little of management practice, but when the numbers involved become large, management principles and processes become important. Historically, the principles of management may be traced back to huge ancient projects, whether the Egyptian pyramids or the Great Wall of China. Often management principles were required to manage subdued but recalcitrant workers. Modern processes have become hugely complex and are circumscribed by numerous factors, and reconciling them requires frequent adherence to time-tested management practices and principles.
Coming from a French word, management means ‘the art of conducting, directing’. It incorporates the process of direction involving manpower, resources, processes, and manipulation of them so as to get the maximum in the shortest possible time and reach the goal. Peter Drucker says that ‘management is doing things right; leadership is doing the right things’. It can be thought of as the process of ensuring how a plan gets converted into the intended goal, and may involve five stages: planning, organizing, leading, co-ordinating and controlling. It may also mean the top echelon of any organization, including the CEO, Vice Presidents, marketing managers, promotion managers, etc.
Evolving through ancient practices, 19th century classical economics, and 20th and 21st century management gurus, management is a respected and acknowledged process today. Business schools teaching management courses are in great demand, and the managers trained in such schools are leading the business world. The almost universal adoption of management principles has meant more efficient service, a regularized and standardized process managent, dispute and conflict resolution, and a more scientific treatment of working processes in general. This section of the web directory attempts to bring you closer to these principles, and offers a host of links to resources ranging from management solutions, guides and schools.