Definitions for "What is Management"

Definition 1 - by the English statesman Sir Thomas More (1478-1535)

Organization and coordination of the activities of an enterprise in accordance with certain policies and in achievement of clearly defined objectives. Management is often included as a factor of production along with machines, materials, and money.

Definition 2
Directors and managers who have the power and responsibility to make decisions to manage an enterprise. As a discipline, management comprises of the interlocking functions of formulating corporate-policy and organizing, planning, controlling, and directing the firm's resources to achieve the policy's objectives.

Definition 3
The act, manner, or practice of managing; handling, supervision, or control: management of a crisis management of factory workers.

Definition 4
The person or persons who control or direct a business or other enterprise.

Definition 5
Skill in managing, executive ability.

What is Management?

Definition of management, among many examples you will find clues as to the real definition of management. This article simply takes an assortment of definitions and looks at what they say and what they imply about management.

Management is the organizational process that includes strategic planning, setting; objectives, managing resources, deploying the human and financial assets needed to achieve objectives, and measuring results. Management also includes recording and storing facts and information for later use or for others within the organization.

Management functions are not limited to managers and supervisors. Every member of the organization has some management and reporting functions as part of their Jobs.

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Definition for Management

The group of individuals who make decisions about how a business is run.
The initiation and maintenance of an investment portfolio.