Management
As a skill of getting the work done from others.
Account the directing and controlling functions of the organization
Administration
Process of effectively administering the entire organization.
Related to planning and organization functions.
Definition
Management-
An act of managing people and their work, for achieving a common goal by using the organization’s resources.
Planning, organizing, leading, motivating, controlling, coordination and decision making.
5 M’s of the organization i.e. Men, Material, Machines, Methods and Money
Administration-
Formation of plans, policies and procedures, setting up of goals and objectives, enforcing rules and regulations etc.
Nature of administration is bureaucratic.
Forecasting, planning, organizing and decision making functions.
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Key difference-
M- systematic way of managing people and things, A- an act of administering the whole organization by a group of people.
M- activity of business and functional level, A- high level activity
M- focuses on policy implementation, policy formulation is performed by the administration.
A group of persons, who are employees of the organization is collectively known as management. On the other hand administration represents the owners of the organization.
M- is all about plans and actions, but A- is concerned with framing policies and settinig objectives.
M- focuses on managing people and their work. On the other hand, administration focuses on making the best possible utilization of the organization’s resources.
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