Why is Management a Profession? – Explained with Example

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.

Why is Management a Profession?

A profession has the following characteristics according to the justice of the Supreme Court of USA :

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.

Related: How Management is an Art or Science or Both (With Example).

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

Mary Parker Follett was probably the first management thinkers who presented her paper “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.

The manager’s present management as a profession, all through there are divergent views.

Related: 12 Main Functions of an Entrepreneur (With Examples).

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

Lawrence Appley also has argued the management now processes all qualifications of a profession.

Let us involve some common standard, against which management could be judged 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 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, based on services with the due regard for the priority of services over the desire for monetary reward.

Thus, now you know the answer of why is management as a profession?

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