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Definition: management from The Penguin English Dictionary
1

the activity, work, or art of managing.

2

(usu the management) (treated as sing. or pl) the collective body of those who manage or direct a business, etc an enterprise

The management take no responsibility for articles left on the premises

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Summary Article: Management
from The SAGE Glossary of the Social and Behavioral Sciences

Broadly, the term refers to the directing and controlling of a group of people or entities, and the process used for the purpose of accomplishing a goal. During the early 20th century, Mary Parker Follett (1868-1933), who wrote on the topic, defined management as “the art of getting things done through people.”

In an organization, management combines both policy and administration and the people who provide the decisions and supervision necessary to implement the organization's objectives. An organization can be a business, school, city, or governmental entity.

Key functions of management often regarded as necessary to achieve the organization's goals include planning, organizing, budgeting, staffing, reporting, directing, and coordinating. These functions are applied throughout an organization regardless of type or orientation. Management size can range from an individual to multilayered management hierarchies in large, complex organizations. The people to whom the management task is assigned are referred to as managers. For further reading, see Graham (1995).

See also

Organization (public administration)

Copyright © 2009 by SAGE Publications, Inc.