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Question

Do you think that management has the characteristics of a full-fledged profession?

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Solution

Management as a profession
Profession means an occupation that requires specialised knowledge and a practice of formal education, which is acquired by the respective professional body.
The basic features of a profession are :
(i) Systematised body of knowledge: A profession is based on a systematised body of knowledge.
(ii) Restricted entry Entry into a profession is restricted through an examination or degree, as in medical, law profession, etc.
(iii) Professional association: All professionals are bound to be a part of professionals are bound to be a part of a professional association which regulates entry, grants certificate of practice and enforces a code of conduct. e.g. All lawyers have to be a member of Bar Council to pursue their profession.
(iv) Code of conduct: All professionals are subject to an ethical code of conduct, as laid down by the Association.
(v) Service motive: The basic motive of each professional is to render committed service to the society.
Following points highlight whether management is a profession or not :
(i) Like Profession, management has a well-defined body of knowledge. It has its own principles which are based on experiments. One can acquire such knowledge by pursuing courses like MBA, BBA, etc. and acquire managerial skills through instruction and training.
(ii) In management, no such restriction is there for managers to clear an examination or hold a degree. However, these days more and more people are appointed for managerial posts, who possess management degrees.
(iii) In management, no such rules and regulations are framed to guide the managers at ough a code of conduct.
(iv) Membership with a professional association like AIMA is not mandatory for managers.
(v) All managers, directly or indirectly, work for the development of society.


On the basis of the above study, it can be seen that management has some of the characteristics of profession Thus, it should be considered that it is not a full-fledged profession, but only a developing profession.


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