OER for a Post Graduate Programme in HRM

From WikiEducator
Jump to: navigation, search
Wehrmlogo1.jpg MHRM

Module 1 :
Principles of Management

Module Content Map

Topic 1:What is management?

Definition of Management | Process of Management | Nature of Management | Primary Functions of Management | Levels of Management | Key points & Activity

Go next Topic 2:
Management Theories

The word Management

The verb manage comes from the Italian maneggiare (to handle — especially a horse), which in turn derives from the Latin manus (hand). The French word mesnagement (later ménagement) influenced the development in meaning of the English word management in the 17th and 18th centuries.

Definition of Management

There is no universally accepted single definition for Management. Management means many things to many people. One of the simple definitions of managment by Mary Parker Follet will be a good start for our study. She called management as "the art of getting things done through people".

Wikipedia definition of management is: "Management in simple terms means the act of getting people together to accomplish desired goals. Management comprises planning, organizing, resourcing, leading or directing, and controlling an organization (a group of one or more people or entities) or effort for the purpose of accomplishing a goal. Resourcing encompasses the deployment and manipulation of human resources, financial resources, technological resources, and natural resources".