Management as a Profession
“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 society.”
the growing size of the business units, growing competition, the fast
turnaround in business, professionalism and accuracy in completing tasks, have
led to an increased demand for professionally qualified managers.
A profession is an occupation that requires specialized
knowledge and intensive academic preparations to which entry is regulated by a
representative body.
The essentials that make management a profession :
-Specialized Knowledge: A management has a systematic body
of knowledge that can be used for the development of professionals managers. Every
manager must make deliberate efforts to acquire expertise in the principles and
techniques. and must have devotion and involvement to acquire expertise in
management.
-Formal Education & Training: No one can be a manager
without going through a prescribed course of institutes and universities, Many
institutes of management working for imparting education and training.
-Social Obligations: a manager is responsible also to the
society and therefore he is expected to provide quality goods at reasonable
prices to the society, the managers are primarily motivated by the desire to
serve society, their actions are influenced by social norms and values.
The above discussion shows that management in some respects
qualify as a profession but it does not have certain features which generally
constitute a recognised profession, it is quite clear that management fulfils
several essentials of a profession, but it is not a full-fledged profession
because It does not restrict the entry in managerial jobs for an account of one
standard or other, and there is no minimum qualifications have been prescribed
for managers or certificate of practice to various managers, because the
managers are known for their performance and not mere degrees.
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