The meaning of the word management and everything which entails.

Management Basic Concept

The word management has several meanings, depends on the context of which the word applies. There is no standard definition of the word management which can be universally accepted.

In English the word management came from the word ‘to manage’ which has a meaning to take care of, to drive, to control, to run, and to lead. According to experts opinion in managerial field the root of the word management came from Latin language mano, means hand, into manus which means to do something with your hand, often the word evolve to managiare which means to do things with your hands.

In Italian there is the word managio which derived from the word managiare which means to train horse.

To understand the word management itself, let’s take a look to the following opinion created by experts in the managerial field:

Millon Brown, Effective Work of Management (1960). Management means the effective use of people, money, equipment, material, and method to accomplish a specified objective.

Albert Lapawsky, Administration: The Art of Organization And Management (1942). Management is the force which leads, guide, and directs and organization in the accomplishment of a predetermined objective.

Earl. F. Lundgren, Organizational Management (1974). Management is a force that through decision making based on knowledge and understanding, interrelates, via appropriate linking processes all the element of the organizational objective.

Arthur. G. Bedeian and William F. Gulleck, Management (1977). Management is the process of achieving desired result through efficient utilization of human and material resources.

Aldag Stearns, Management (1987). Management is a process of planning, organizing, staffing, directing and controlling activities in an organization in a systematic way in order to achieve a common goal.

L.L. Bethel Oc, Industrial Organization and Management (1984). Management is the function of the board managers, frequently referred to s management, to established policies regarding the type or product to be manufactured, finance, channels. Of distribution, services, personnel and other factor affecting and operation of the enterprise, furthermore it is the responsibility of management to outline an organization structure for carrying out these policies.

Vermon A. Mussel man, Eugene H. Hughes, Introduction To Modern Business (1969). Management as the task of planning, organizing and staffing and controlling the work in order to achieve one or more objective.

James J. Donnely Jr. Cs. Fundamentals of Management: Function, Behavior, Models (1975). Management refers o activities undertaken by one or more person in order to coordinate the activities of other in the pursuit of ends which could not be achieved by any one person.

Well, after reading all of the above opinion I hope you could have a deeper and better understanding about the word management and about management itself, until next time.