The document defines a profession as an occupation that requires specialized knowledge and training, regulated entry, and aims to provide a service to society. It states that management meets the criteria to be considered a profession as it has a distinct body of knowledge developed over decades, requires formal education and training to develop skills, and has representative bodies that prescribe codes of conduct, though membership is not mandatory. The document concludes that management can be viewed as a profession due to its specialized knowledge base, formal education and training requirements, professional associations, and service orientation.
4. A profession is an occupation backed by
specialized knowledge and training, and to
which entry is regulated by a
representative body. A professional is a
person who has undergone a certain
rigorous training to acquire a body of
knowledge and develop certain skills with
the objective of rendering services to the
society
5. Profession requires specialised body of
knowledge and skills.
It is pursued largely for other and not
merely for one’s self.
Financial return is not the criteria for
measuring the success of a profession.
It requires formal method of acquiring
training and experience.
6. There should be some formal organization which
acts as a representative body of the members
and duly recognized by the society for the
smooth functioning of the members and duly
recognized by the society for the followed by the
members.
There should be an ethical code or standard of
conduct which be followed by the members.
The amount of fees is based on the nature of
services rendered.
New entry is restricted by prescribing rigid rules
and standard of qualifications.
7.
8. Every ordinary human being cannot
efficiently and effectively manage the
affairs of a business unless he has specialised
knowledge in the filed of business.
Management has been developed as a
distinct body of knowledge over the last six
decades. There are a number of books and
journals relating to this subject.
9.
10. To be a successful manager, it is essential to
acquire management skills through formal
education and training. Many institutions of
management functioning in India and other
countries offer Master degree in Business
administration and other courses in
management.
11.
12. The representative body professionals is
needed to regulate the activities of any
profession. Such associations prescribe the
code of conduct to be followed by its
members. Some professional associations like
All India Management Association, New Delhi,
National Institute of Personnel Management,
Calcutta etc are functioning for the help and
guidance of professional managers.
13.
14. Every profession must have a code of
conduct which specifies the norms and
professional ethics for its members. All India
Management Association has formulated a
code of conduct for Indian managers. But
there is no statutory backing for its code.
Membership of this body is not compulsory.
15. Professionals render selfless services to the
society. The primary object of a profession is
primary services to the society. The action of
managers are influenced by social norms and
values. Managers recognise their social
responsibilities towards customers, workers
and other groups.
Since management requires specialised body
of knowledge, formal education and training,
professional body, code of conduct and
service motive, it can be considered as a
profession.
