How 2 Make Business

Management? Where does the word “Management” come from?

In recent decade, the meaning of Management seem to organizing and the other roles of it to grow pale. But I think we must turn back and remember the Fayol’s concept again.

Planning, organizing, Leading, coordinating and controlling. After years and years, and add others thesis like Kontz, we forget some of these 5 items. The history of Management mixed with its meaning. So let’s go to the history!

According to the Oxford English Dictionary, the word “manage” comes from the Italian maneggiare (to handle — especially a horse), which in turn derives from the Latin manus (hand).

The Oxford english dictionary says:

The term “management” characterizes the process of and/or the personnel leading and directing all or part of an organization (often a business) through the deployment and manipulation of resources (human, financial, material, intellectual or intangible).

In other side it says “he’s responsible for the management of the firm” means:

ADMINISTRATION, running, managing, organization; charge, care, direction, leadership, control, governing, governance, ruling, command, superintendence, supervision, overseeing, conduct, handling, guidance, operation.

I want to bold the “Care” word. In our organization this word has a bad situation!.
Thus don’t forget these 7 items (POSDCORB) about “Management” and use them:

1.Planning
2.Organizing
3.Staffing
4.Directing
5.Coordinating
6.Reporting
7.Budgeting

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