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Management by objectives (MBO), also known as management by planning (MBP), was first popularized by Peter Drucker in his 1954 book The Practice of Management. [1] Management by objectives is the process of defining specific objectives within an organization that management can convey to organization members, then deciding how to achieve each objective in sequence.
Management involves identifying the mission, objective, procedures, rules and manipulation [11] of the human capital of an enterprise to contribute to the success of the enterprise. [12] Scholars have focused on the management of individual, [13] organizational, [14] and inter-organizational relationships.
According to a research conducted by Rodgers, R. and Je Hunter, management by objectives (MBO) has been shown to increase productivity. [11] Operational objectives also encourage managers to think strategically. [3] In order to set objectives and plan for the next 6 to 12 months, they need to have a deep understanding of business's current ...
The primary objective of object-oriented management is Total Quality as defined by the client and/or the end-user(s). This is achieved by real-time management of projects. Object-oriented management integrates many concepts from lightweight methodologies like Agile and Lean, such as empowered teams, small and fast iterations of work.
Organizing, is the management function that follows after planning, it involves the assignment of tasks, the grouping of tasks into departments and the assignment of authority with adequate responsibility and allocation of resources across the organization to achieve common goals. Organizing involves the establishment of an intentional ...
Office management can be defined as “a distinct process of planning, organizing, staffing, directing, coordinating and controlling office in order to facilitate achievement of objectives of any business enterprise’ the definition shows managerial functions of an administrative manager.
Management is the act of allocating resources to accomplish desired goals and objectives efficiently and effectively; it 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.
Management (or managing) is the administration of organizations, whether they are a business, a nonprofit organization, or a government body. The following outline provides a general overview of the concept of management as a whole.