Friday, August 13, 2010

Business Management and Leadership

Management in all business areas and organizational activities are the acts of getting people together to accomplish desire goals and objectives. Management comprises planning, organizing, staffing, leading or directing, and controlling an organization(a group of one or more people or entities) or effort for the purpose of accomplishing a goal. Resourcing encompasses the deployment and manipulation of human resources, financial resources, technological resources, and natural resources.

Some definition of management are:

1. Organization and coordination of the activities of an enterprise in accordance with certain policies and in achievement of clearly defined objectives. Management is often included as a factor of production along with machines, materials and money. According to the management guru Peter Drucker (1909-2005), the basic task of a management is twofold: marketing and innovation.

2. Management comprises interlocking functions of formulating corporate policy and organizing, planning controlling, and directing the firm's resources to achieve the policy's objectives. The size of management can range from one person in a small firm to hundreds or thousands of managers in multinational companies.

Because organizations can be viewed as systems, management can also defined as human actions, including design, to facilitate the production of useful outcomes from a systems. this view opens the opportunity to 'manage' oneself, a pre-requisite to attempting to manage others. Management can also refer to the person or people who perform the act(s) of management. Management has been defined as "the art of getting things done through people". http://amyles-allen-myles.blogspot.com

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