PROFESSIONAL ETHICS AND VALUES IN MANAGEMENT

Manager draws upon the basic resources which are called 6Ms – men, materials, machines, money, minutes and methods. These six resources are subjected to the management process which consists of typical elements of management or functions of management such as planning, organizing, motivating, leading and controlling of human efforts. Through these managerial functions or management process we can have accomplishments of: The right work, at the right place, At the right time, with the right methods.From such managerial activities we derive the expected results, viz, benefits and satisfaction in individuals, groups, enterprises as well as the society at large. Productivity of all resources in the final analysis depends upon the competency and ability of management of any enterprise to deliver the goods. Thus management will convert disorganized resources of men, money, machines, etc., into useful enterprise. These resources are mobilized, co-coordinated, directed and controlled in such a manner that the enterprise would work towards the realization of common objective. Management provides a dynamic force in getting any enterprise useful activities makes and significant social contributions, for example,customer's needs are met, jobs are created as a result utilizes enjoy higher standard of living. It assures economic growth free from pollution. Government would have income through variety of taxes. Management thus is an invigorating force bringing to life what would otherwise be or potentialities