BCA Notes: 104 Principles of Management- Management As a Profession #ipumusings #BCANotes #GGSIPU
BCA Notes: 104 Principles of Management- Management As a Profession
A profession may be defined as an occupation that requires specialized knowledge and intensive academic preparations to which entry is regulated by a representative body.
The essentials of a profession are:
1. Specialized Knowledge
2. Restricted Entry
3. Professional Association
4. Code of Conduct
5. Service Motive
1. Specialized Knowledge –
Profession: A profession must have a systematic body of knowledge that can be used for development of professionals. Every professional must make deliberate efforts to acquire expertise in the principles and techniques.
Management: Similarly a manager must have devotion and involvement to acquire expertise in the science of management (Match)
2. Restricted Entry
Profession: The entry to a profession is restricted through an examination or through acquiring an educational degree. For example, to become a chartered accountant in India a candidate has to clear a specified examination conducted by the Institute of Chartered.
Management:
It does not restrict the entry in managerial jobs for account of one standard or other.
(Does Not Match)
3. Professional Association –
Profession: All professions are affiliated to a professional association which regulates entry, grant certificates of practice and formulates and enforces a code of conduct. For example, a CA cannot audit the A/C’s unless he has acquired a degree or diploma for the same. To be able to practice in India lawyers have to become member of the bar Council which regulates and controls their activities. Some more example: CA – ICAI, CS- ICSI etc.
Management: No minimum qualifications and a course of study have been prescribed for managers by law.
(Does Not Match)
4. Code of Conduct -
Profession: Members of a profession have to abide by a code of conduct which contains certain rules and regulations, norms of honesty, integrity and special ethics. A code of conduct is enforced by a representative association to ensure self discipline among its members.
Any member violating the code of conduct can be punished and his membership can be withdrawn. For example, an institute of Charted Accountants of India establishes and administers standards of competence for the auditors. All doctors, take the oath of ethical practice at the time they enter the profession.
Management: The AIMA has prescribed a code of conduct for managers but it has no right to take legal action against any manager who violates it. (Does Not Match)
5. Service Motive -
Profession: The basic motive of a profession is to serve their client’s interest by rendering dedicated and committed service. The task of a lawyer is to ensure that his client gets justice.
Management: The ultimate goal of business is to maximize profit and not social welfare. That is why Haymes has rightly remarked, “The slogan for management is becoming - 'He who serves best, also profits most'.”
(Does Not Match)
Conclusion –
Management does not meet the exact criteria of a profession. However it does have some of the features of profession.
