INTRODUCATION As we all know that it is really very hard in today’s world to find a job and specially in management where every next person is doing an MBA degree or is Masters in accounting or finance or marketing. So what makes you different from all of them is that they all have hard […]
Conceptual skills are the part of managerial skills. The other two types of managerial skills are Human skills and technical skills. Now coming onto what are conceptual skills ? Actually, The Skills by which one can see the Big future from a small incidence. The skills are very hard to find in managers but are […]
♠ WHAT IS PLANNING ? ♦ Planning is the main starting function of management. ♦ Planning is a process that involves the selection of tasks, objectives and actions for their implementation and it requires decision, i.e. selection of alternative future courses of action. ♦ Plans provide rational approach to the realization of previously selected goals. ♦ […]
♠ WHAT IS ORGANIZATION ? ♦ Organization is management function which determines the way in which company is going to achieve planned goals and activities. ♦ After selecting objectives and appropriate strategy for achieving goals, it is necessary to form an effective organization as an instrument of achieving the specified strategy, plan or goal. ♦ […]
♠ CONCEPT AND DEFINITION OF MANAGEMENT ♦ There are several definitions of management. ♦ The most popular definition of management is written by American writer Mary Parker Follet who said that management is the ability of getting things done with the help of other people, or in short: getting things done through people. ♦ Today, […]
♠ LEADERS AND LEADERSHIP ♦ Management Leadership has become a phenomenon and numerous questions are posed in connection to the leadership and leaders. ♦ More serious study of leadership began in the middle of the last century. ♦ The focus of the study was at features, capabilities, behavior, power sources or aspects of a situation […]
♠ WHAT IS MANAGEMENT CONTROL ? ♦ Management Control is the fifth and final fundamental function of management. ♦ Quick and unexpected changes in the environment of organization have contributed to the increased value of this function. ♦ In the conditions of increasingly competitive game,constantly increasing demands of customers and rapid technological changes which affect […]
♠ CRISIS MANAGEMENT ♦ State of the organization, which occurs under the action of one or more unfavorable events which cause the problem in business, is called a business crisis and it’s management is known crisis management. ♦ A business crisis is manifested in lower income, less work, losses and limited liquidity, what all together […]
♠ THERE ARE NUMEROUS DEFINITIONS OF MANAGEMENT ♦ The most popular definition of management is written by American writer Mary Parker Follet who said that management is the ability of getting things done with the help of other people, or in short: getting things done through people. ♦ Management includes planning, organizing, commanding, coordinating and monitoring. ♦ […]
♠ CONCEPT , MEANING , DEFINITION ♦ Human resource management – HRM refers to the practices and policies required to perform management tasks in connection with personal problems, in particular, employment, training, assessment and rewarding of employees and ensuring them safe, ethically acceptable and fair environment. ♦ In this regard, human resource management includes the […]