Is Management a Profession? Explain with Example

The managers present management as a profession, though there are divergent views. The professionalization of management is still far from complete.

Management does not a present meet the requirements and is not properly classified as a profession.

The nature of management has been influenced by the different concepts propounded by eminent management thinkers and Exports.

The concept of management is really Universal and dynamic.

The profession is a vocation requiring some significant body of knowledge that is applied with a high degree of consistency in the service of some relevant segment of sociality.

Is Management a Profession?

A profession has the following characteristics:

1. It requires special knowledge and technical skill.
2. Management as a profession is pursued largely for others and not merely for one’s self.
3. It is an occupation in which the amount of financial return is not the accepted measure of success.
4. Management as a profession should have a formalized method of acquiring training and experience.
5. There should be rigid rules and Standards of qualification for the entrance of newcomers into the profession.

The consensus among management thinkers and practitioners in management is an emerging profession.

“Management as a profession” at a conference held in New York in 1925 under the auspicious of the Bureau of Personnel Administration.

She pointed out “For most people, the word ‘Profession’ can notice a foundation of Science and a motive of service” after 1925 management is emerging as a profession.

However, The American Management Association has stated: “it is rapidly evolving as a true profession with definable principles”.

So, Is Management an Art or Science or Both?

Criteria for Evaluating Management as a Profession

The Following criteria or standards are needed for evaluating Management as a profession:

1. Knowledge.
2. Competitive application.
3. Social responsibility.
4. Self-control and community action.
5. The existence of the body of specialized knowledge or technique.
6. Formalized method of acquiring employee training and experience.
7. The establishment of a representative organization with professionalization as its goal.
8. Formation of the ethical code for the guidance of conduct.
9. The charging fees are based on services with due regard for the priority of services over the desire for monetary reward.

Management now processes all qualifications of a profession.

Let us involve some common standards, against which management could be judged as a profession.