Management is the set of organizational technical resources that are implemented for the administration of an organization, including the art of directing people to obtain satisfactory performance. These resources can be financial, human, material or others. It means a business organization, administration or even an association.
There are two horizons in the conduct of organizations: operational horizon and strategic horizon:
1. The strategic horizon is at the department which sets the broad guidelines of the organization, the overall policy, long-term conduct, the choice of strategies, conducts studies and implements forecasts.
2. The operational horizon refers to conduct, daily, current affairs and the implementation in detail, the policy dictated by management.
In sum, the management is to be expected (the goals and means), organize (the means and methods to achieve the goals), order (make decisions and give directions), coordinate (the actions and functions) and control (actions and compare the results to the objectives).
No comments:
Post a Comment