what is management essays

what is management essays Management is universal in the modern industrial world. Every industrial organization requires the making of decisions, the coordinating of activities, the handling of people, and the evaluation of performance directed toward group objectives. In addition, our society simply could not exist as we know it today or improve its present status without a steady stream of managers to guide its organization. Peter Drucker makes this same point in stating that effective management is quickly becoming the main resource of developed counties and the most needed resource of developing ones (Certo, 1986). In short, management is very important to our world. Then, what is management? This essay will discuss this topic as following. It has to be recognized that the definitions of management are extremely broad. Harbison and Myers (1959) offered a concept for emphasizing a broader scope for the viewpoint of management. They observe management as an economic resource, a system of authority, and a class or elite from the view of the economist, a specialist in administration and organization, and sociologist respectively. Henri Fayol, the father of modern management theory, formulated fourteen principles of management. Hugo Munsterberg applied psychology to industry and management. Max Weber is known for his theory of bureaucracy. Vilfredo Pareto is considered the father of the social systems approach. Elton Mayo and F.J. Roethlisberger became famous through their studies of the impact of the social attitudes and relationships of work groups on performance. Chester Barnard suggested a comprehensive social systems approach to managing (Weihrich & Koontz, 1993). Every perspective has validity, but no single approach is a panacea. Because most management textbooks begin with a discussion of the nature of managerial work which about topic is the basis of the subject matter of management just as Fayol indicated many years ago (Carr...