Management equally a Profession
A Profession is an Occupation. It is performed past times Professionals such equally Doctors, Engineers, Lawyers, etc.
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We tin uncovering out whether Management is a profession or non past times examining the next of import points :-
1. Formal Education
A Professional must accept a formal didactics from an accredited institution. For example, a Lawyer must accept a marking inwards Law from a recognised university.
A Manager require non accept a minimum formal education. However, this is slow changing. Today, alone highly educated persons are appointed equally Managers.
2. Expert Knowledge
A Professional must accept inwards depth cognition as well as expertise inwards his subject. For example, a Doctor must accept inwards depth cognition virtually the medical profession.
A managing director also must accept an proficient cognition virtually his subject. For example, a Marketing Manager must own proficient cognition virtually Marketing. Similarly, a Finance Manager must accept an expertise inwards Finance.
3. Specialisation
In every profession, at that spot be a specialisation. For example, inwards the plain of medicine, nosotros accept Eye Specialists, Heart Specialist, etc. In the Legal plain nosotros accept professionals similar Criminal Lawyers, Civil Lawyers as well as and therefore on.
Management also accept unlike specialisations. For example, Finance Manager, Production Manager, Marketing Manager, etc. These Managers are highly educated, trained as well as experienced inwards their profession.
4. Social Responsibility
A Professional is aware of his Social Responsibility. He gives much to a greater extent than importance to customers as well as services rendered to them. He gives less importance to coin as well as profit.
In the past, managers were non aware of their social responsibility. However, today, they rank cracking importance to their Social Responsibilities. This is because of the pressure level from Consumers' Associations, Trade Unions, Government, etc.
5. Code of Conduct
Every Profession has its ain Code of Conduct. Code of Conduct way rules as well as regulations. It must live on followed past times all the members of the profession.
Western countries accept a Code of Conduct for Management. At present, India does non accept a code of bear for management. However, Republic of Republic of India may accept it inwards the future.
6. Fees as well as Salaries
A Professional receives fees for his services.
A Manager receives salaries as well as perks for his services. He does non accuse whatever fees.
7. Independent Office
A Professional has his ain independent role or run place.
A Manager uses the companies role equally his run place.
8. License
In lodge to larn a Professional, a mortal must larn aaquire a Valid Licence.
In lodge to larn a Manager, at that spot is no require for such a Licence.
Conclusion On Management equally a Profession
So strictly speaking, Management cannot live on called equally a Profession. However, it is chop-chop developing into a profession.
According to Peter Drucker,
"Management must non live on made a profession because it volition forestall talented simply less qualified persons from becoming Managers."
