Professionalization imparts a certain social responsibility and dignity to management. A professional cannot be controlled or directed by the client. He has professional knowledge and judgment which he uses to make his decision. Thus, professionalization makes business more efficient, dynamic and socially responsible. The growth of management education in India has contributed to professionalization in the business field.There has been a growing trend towards professionalization of management.
The company form of business organization which has split ownership from management and the gaining popularity of the company form of business organization have increased the need for professional managers.
Is management a profession? To answer this question, first of all we should understand what a profession is. Many authorities on the subject have attempted to define a profession.
According to Abraham Flexner, A profession is -
According to Lewis Allen, " a professional manager is one who specializes in the work of planning, organizing, leading and controlling the efforts of others and does so through a systematic use of classified knowledge, a common vocabulary and principles, who subscribes to the standards of practice and code of ethics established by a recognized body".
According to Peter Drucker, "Professional management is a function, a discipline, a task to be done; and managers are the professionals who practice this discipline, carry out the functions and discharge these tasks. It is no longer relevant whether the manager is also an owner; if he is it is incidental to his main function, which is to be a manager.”
The World Council of Management has recommended the following criteria for professionalization. They are -
A critical evaluation of the above definitions show that professionalization of business management shows that -
A close scrutiny of management shows that management unlike law or medicine is not a full-fledged profession. The reasons are -
Thus, from the above mentioned discussion we can understand that management fulfills certain criteria to call it a profession. Whereas, it fails to meet certain other criteria.
Therefore, we can conclude that management is not a full-fledged profession but it is advancing towards professionalization.
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Management And Society
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Foundation Of Group Behaviour
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