The paper deals with the peculiarities of the theory and practice of management, presents a wealth of current approaches, concepts and management systems, and highlights the weaknesses of the conceptual apparatus. It accentuates the relevant directions and trends in computer and communication technologies, which significantly impact the management process. Finally, it presents a holistic concept of looking at management as a subject-object phenomenon, process coincidence phenomenon, fiduciary phenomenon, causal phenomenon and psychic phenomenon.