Management
Tools: Characterises the process of leading
and directing all or part of an organization,
often a business, through the deployment and
manipulation of resources (human, financial,
material, intellectual or intangible). Early
twentieth-century management writer Mary Parker
Follett defined management as "the art
of getting things done through people."
One can also think of management functionally,
as the action of measuring a quantity on a regular
basis and of adjusting some initial plan, and
as the actions taken to reach one's intended
goal. This applies even in situations where
planning does not take place. From this perspective,
there are five management functions: Planning,
Organizing, Leading, Co-ordinating and Controlling.
Management is also called "Business Administration",
and schools that teach management are usually
called "Business Schools". The term
"management" may also be used to describe
the slate of managers of an organization, for
example of a corporation. |
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