Management

Management can be defined as the process of dealing with or controlling things and people. Or it can be the administration of an institution, or organization whether it is a business (for profit or non-profit) or it is a government body.

Management is defined according to a purpose of an organization. It can be an art and a science, an economic resource, a system of authority, a class or a team and a profession.

Management bears philosophies: it is what management does, a direction, a development of people and a process for the utilization of growth-inputs.

According to Henry Fayol, management have 14 principles and those are the: 1) division of work; 2) authority and responsibility; 3) discipline; 4) unity of command; 5) unity of direction; 6) subordination of individual interest; 7) remuneration; 8) centralization; 9) scalar chain; 10) order; 11) equity; 12) stability; 13) initiative and; 14) esprit de corps.

Planning, organizing, staffing, directing and controlling are the functions of management. But it doesn't end in that. It gives requirements of the process, it sets criteria and standards, it monitors the projects--- starts-- to its completion, it delivers quality products and services, it value the deadlines, team work and efforts.

It covers the financial aspects, the marketing, the personnel, the production, and the office operations. It can be found in the house, in time, in the farm, in territories and boundaries, countries and government, nature and space and in the progress we are now witnessing and even in the past--- there's management involved. Because management is an evolving matter. It is a science of managing discoveries, an art of handling, a process of development and a system of administering--- be it things or people. It is universal.

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• May S. Leynes

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