Management is the process of guiding the development, maintenance, and allocation of resources to attain organizational goals. It rests on four functional areas of the organization: planning, organizing, leading, and controlling. Planning means anticipating potential problems or opportunities and designing plans to deal with them. The four functions are highly interdependent, and managers often perform more than one of them at a time. Good management aims at efficiency, using the least possible amount of resources to get work done, and effectiveness, the ability to produce a desired result.
Facts
Discipline ScopeManagement involves identifying the mission, objective, procedures and rules of an enterprise and the handling of its human capital so as to contribute to the success of the enterprise. 1 Management
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Source Wikipedia, Management
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Source Wikipedia, Dennis Kozlowski
Source Wikipedia: Eric Schmidt
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Source Wikipedia: Jane Mouton
Source Wikipedia: Laurence J. Peter
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Source Wikipedia: Ray Noorda
Source Wikipedia: Ronald Coase
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Sources
1. Wikipedia: Management
WikipediaWikipedia, Definitions sectionQuote, Wikipedia, Definitions section
Management involves identifying the mission, objective, procedures, rules and manipulation of the human capital of an enterprise to contribute to the success of the enterprise.
OpenStax Introduction to Business, 6.1 The Role of Management
6.1 The Role of Management, What Managers Do and Why, opening paragraph, definition sentence
Management is the process of guiding the development, maintenance, and allocation of resources to attain organizational goals.
6.1 The Role of Management, What Managers Do and Why, opening paragraph, four functional areas sentence
This process is based in four key functional areas of the organization: planning, organizing, leading, and controlling.
6.1 The Role of Management, What Managers Do and Why, paragraph on interdependence of the functions
The four functions are highly interdependent, with managers often performing more than one of them at a time
6.1 The Role of Management, What Managers Do and Why, paragraph on efficiency and effectiveness
Efficiency is using the least possible amount of resources to get work done
View the SourceWikipedia, Management
- Associated With: Administrative Management Theory, Classified by subject-matter domain within management theory (w-bbfill-business-other-0926); cites the discipline definition.
- Associated With: Bureaucratic Management Theory, Classified by subject-matter domain within management theory (w-bbfill-business-other-0926); cites the discipline definition.
- Associated With: Contingency Theory, Classified by subject-matter domain within management theory (w-bbfill-business-other-0926); cites the discipline definition.
- Associated With: Delegation, Classified by subject-matter domain within management theory (w-bbfill-business-other-0926); cites the discipline definition.
- Associated With: Fiedler Contingency Model, Classified by subject-matter domain within management theory (w-bbfill-business-other-0926); cites the discipline definition.
- Associated With: Great Man Theory, Classified by subject-matter domain within management theory (w-bbfill-business-other-0926); cites the discipline definition.
- Associated With: Institutional Theory, Classified by subject-matter domain within management theory (w-bbfill-business-other-0926); cites the discipline definition.
- Associated With: Learning Organization, Classified by subject-matter domain within management theory (w-bbfill-business-other-0926); cites the discipline definition.
- Associated With: Lewin's Change Management Model, Classified by subject-matter domain within management theory (w-bbfill-business-other-0926); cites the discipline definition.
- Associated With: Management by Objectives, Classified by subject-matter domain within management theory (w-bbfill-business-other-0926); cites the discipline definition.
- Associated With: Managerial Grid Model, Classified by subject-matter domain within management theory (w-bbfill-business-other-0926); cites the discipline definition.
- Associated With: Micromanagement, Classified by subject-matter domain within management theory (w-bbfill-business-other-0926); cites the discipline definition.
- Associated With: Path-Goal Theory, Classified by subject-matter domain within management theory (w-bbfill-business-other-0926); cites the discipline definition.
- Associated With: Servant Leadership, Classified by subject-matter domain within management theory (w-bbfill-business-other-0926); cites the discipline definition.
- Associated With: Situational Leadership Theory, Classified by subject-matter domain within management theory (w-bbfill-business-other-0926); cites the discipline definition.
- Associated With: Theory Z, Classified by subject-matter domain within management theory (w-bbfill-business-other-0926); cites the discipline definition.
- Associated With: Trait Theory of Leadership, Classified by subject-matter domain within management theory (w-bbfill-business-other-0926); cites the discipline definition.
- Associated With: Transactional Leadership, Classified by subject-matter domain within management theory (w-bbfill-business-other-0926); cites the discipline definition.
- Associated With: Transformational Leadership, Classified by subject-matter domain within management theory (w-bbfill-business-other-0926); cites the discipline definition.
View the SourceWikipedia: Ray Noorda
Associated With: Ray Noorda, Wikipedia lead; target 584843Quote, Associated With: Ray Noorda, Wikipedia lead; target 584843
He was CEO of Novell between 1982 and 1994.
Wikipedia: Eric Schmidt
Associated With: Eric Schmidt, Wikipedia lead; target 584843Quote, Associated With: Eric Schmidt, Wikipedia lead; target 584843
Eric Emerson Schmidt (born April 27, 1955) is an American businessman and former computer engineer who was the chief executive officer of Google from 2001 to 2011 and the company
Wikipedia, Dennis Kozlowski
Associated With: Dennis Kozlowski, Wikipedia lead; target 584843Quote, Associated With: Dennis Kozlowski, Wikipedia lead; target 584843
Leo Dennis Kozlowski (born November 16, 1946) is the former CEO of Tyco International, convicted in 2005 of crimes related to his receipt of $81 million in unauthorized bonuses, the purchase of art for $14.725 million and the payment by Tyco of a $20 million investment banking fee to Frank Walsh, a former Tyco director.
Wikipedia: Laurence J. Peter
Associated With: Laurence J. Peter, BiographyQuote, Associated With: Laurence J. Peter, Biography
In a hierarchy every employee tends to rise to his level of incompetence
Wikipedia: Jane Mouton
Associated With: Jane Mouton, LeadQuote, Associated With: Jane Mouton, Lead
remembered in particular for developing the Managerial grid model with Robert R. Blake
Wikipedia: Ronald Coase
Associated With: Ronald Coase, LeadQuote, Associated With: Ronald Coase, Lead
which introduces the concept of transaction costs to explain the nature and limits of firms
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