Management is both a social process and a profession.
Firstly, management is considered a social process because it involves interactions between people in an organizational context. Managers work with and through their subordinates to achieve the goals and objectives of the organization. This involves collaborating, communicating, and motivating employees to ensure that tasks are completed effectively and efficiently. Managers also engage in activities such as team building, conflict resolution, and decision-making, all of which have a social dimension and rely on relationships between individuals.
Additionally, management is considered a profession because it requires specialized skills, knowledge, and expertise. Professionals in management undergo education and training to acquire a set of competencies that are essential for effective management. These competencies include strategic thinking, problem-solving, leadership, and decision-making. Furthermore, managers often belong to professional organizations such as the Project Management Institute (PMI) or Chartered Institute of Management Accountants (CIMA), which provide certifications, professional development opportunities, and codes of ethics. By adhering to professional standards and continuously developing their skills, managers distinguish themselves as professionals in the field of management.
In conclusion, management is a social process as it involves interactions between people in an organizational context. At the same time, it is also a profession as it requires specialized knowledge, skills, and competencies. These two aspects of management work together to ensure the successful functioning of organizations.