Page 14 - DMGT402_MANAGEMENT_PRACTICES_AND_ORGANIZATIONAL_BEHAVIOUR

Unit 1: Introduction to Management

Notes
Example: The Institute of Chartered Accountants of India lays down the standards
of education and training for those who want to enter the accounting profession. Some
organisations such as the Indian Management Association and the All India Management
Association have been set up in India. But none of these have any legal authority to
prescribe minimum qualifications for taking up managerial posts or to regulate the conduct
of managers as is the case with the Medical Council of India and Bar Council of India.
Management Association has prescribed a code for managers, but it has no power to take
action against any manager who does not follow this code.

5. Social Responsibility: Managers of today recognize their social responsibilities towards
customers, workers and other groups. Their actions are influenced by social norms and
values. That is why, managers enjoy a respectable position in the society as is the case with
doctors, chartered accountants, etc.
6. Society’s Approval: The managers of modern organisations enjoy respect in the society.
There is typically a positive correlation between a manager’s rank and his status in the
organisation where he is working. This status tends to affect the manager’s status outside
the organisation. Thus, community approves management as a profession.
It seems presumptuous to classify management as a profession. By all the bench marks, the
professionalisation of management is still far from complete. It meets the above criteria of a
profession only partially as discussed below:
1. Though management has a well defined body of knowledge, it is difficult to say whether
management meets the criterion of competent application. It is not obligatory to possess
specific qualifications for being appointed as a manager. But to practice law one has to be
a graduate in the Laws. Similar is the position with the medical profession. Education and
training in management are also getting importance day by day in the industrial world.

2. There is no professional body to regulate the educational and training standards of the
managers. For instance, there is Bar Council of India to regulate the legal profession. It is
encouraging to note that management associations are growing fast throughout the world.
It is expected that they will be able to develop norms of behaviour for the practicing
managers.
3. Management does not satisfy the test of self-controls as there is no central body to lay
down and enforce professional standards and code of conduct for the managers. Thus, it
may be concluded that management does not fulfill all the requirements of a profession.
Therefore, it can’t be fully recognized as a profession. However, it is moving in that
direction because:
(a) The field of management is supported by a well-defined body of knowledge that
can be taught and learnt.
(b) Management of modern organisations requires competent application of
management principles, techniques and skills. Thus, there is a great need of formal
education and training in management. That is why, the demand for management
degrees is increasing rapidly.

(c) Managers are aware of their social responsibilities towards various groups of the
society. In their actions, they are guided by their social obligations rather than their
personal interests.

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