Drucker it requires the manager to balance and harmonise three major functions of the business enterprise. Even if one is omitted, we would not have management anymore and we also would not have a business enterprise or an industrial society.Īs per the opinion of Sri P.

Drucker in his book – “The Practice of Management” has defined “Management is a multi-purpose organ that manages a business, manages a manager and manages workers and work”.ĭrucker stresses three jobs of management – (i) Managing a business (ii) Managing a manager and (iii) Managing workers and work. Breech – “Management may be defined as a social process entailing responsibility for the effective or efficient planning and regulation of the operations of an enterprise,” such responsibility involving (a) the installation and maintenance of proper procedures to ensure adherence to plans, and (b) guidance, integration and supervision of the personnel comprising the enterprise and carrying out its operation.” But what is management? How do we define it? How do we differentiate between good management and bad management? In the management literature, we find a large number of definitions of management given by different authors. Management is not only an essential element of organised society, but also an integral part of life. The concept of management is as old as the human race itself. It is very difficult to give a precise meaning of the term ‘Management’.

Drucker, Koontz and O’Donnel, Kimball and Kimball, Keith and Gubelline, Oliver Sheldon, Appley L and Hery Fayol Thus, from the above definitions it is clear that management has been defined in different senses emphasizing different aspects of management.ĭefinition of Management – According to E.F.L Breech, P. The above definition views the management as the co ordinations of human and material resources. “Management is the force that integrates man and physical plant into an effective operating unit”.

(e) Integration Concept Based Definitions: Thus, the above definitions consider the management as an art of making qualitative decisions and leading a people effectively in the formally organized organizations.

Definition of event management