Definitions of management:
1. Productive and efficiency oriented: F.W.Taylor - 'The art of knowing what you want to do and then seeing that it is done in the best and the cheapest way'. (75% analysis and 25% common sense)
2. People oriented: "The manager works with a specific resource -Man. He develops people." It is workers' motivation that controls workers' output.
3. Decision making and leadership oriented: Stanly - 'In essence management is simply processes of decision making and control over the action of human beings for the express purpose of attaining pre-determined goals'.
4.Result or goal oriented: "Management is the accomplishment of result by the efforts of other people."
5. Functional or processes oriented: Management is an organ and organs are explained only through their function and it is not importance but the function that differentiate various groups within the enterprise. Benefits of thinking management as processes are as follows: -
i. Management is dynamic.
ii. Management activities are continuous.
iii. Change is the way of life in organisation.
iv. It is comprehensive approach as it embraces the major task of managing.
v. It harnesses the executive action of the mission of the firm.
6. Environmental oriented: Koontz and Weihrich - "Management is the processes of designing and maintaining an environment in which individuals working in groups effectively accomplished selected aims
7. Eclectic explanations: Eclectic approach consists of "taking the best from what is available" in management thought