Management is an Emerging Profession-Explain

 The professionals enjoy high status in every society. Individuals desire to hitch a profession like medicine, accountant, engineering and law. There has been a growing trend towards professionalization of management, primarily, due to the will of business leaders for social station and recognition. A profession could also be defined as an occupation backed by specialized knowledge and training, whose code of conduct is regulated by knowledgeable body and which is duly recognized by the society. The basic requirements of a profession are as follows:

1. Knowledge: a considerable and expanding body of data and knowledge within the concerned field.

2. Competent Application: Skilled and judicious utilization of data within the solution of complex and important problems. This requires education and training in the specified field.

3. Professional Body: Regulation of entry into the profession and conduct of members by the representative body.

4. Self Control: a longtime code of conduct enforced by the profession’s membership.

5. Social Responsibility: Primarily motivated by the will to serve others and therefore the community.

6. Community Approval: Recognition of professional status by the society.