What is Management?

• There is no single definition of management.
• Henry Fayol who is considered as the father of principles of management, - “To manage is to forecast, to plan, to organize, to command coordinate and to control”.
• Frederick Winslow Taylor, - “Management is knowing exactly what you want men to do and then seeing that they do it in the best and cheapest way”.
• Mary Parker, - “Management is the art of getting things done through people”.
• Peter Drucker, - “Management is a multi-purpose organ that manages a business, manages manager and manages worker and work”.
• George Terry, - “Management is a distinct process consisting of planning, organizing actuating and controlling performance to determine and accomplish the objectives by the use of people and resources”.