First of all, let’s decide if managers need to remember history. Energy crisis. GM. Studying history means an understanding of the impact of societal forces on organizations. Organizations and practice of management have been changing due to influence by social, political, and economic forces. The practice of management can be traced to 3000 BC to …
Category Archives: Fundamentals of management
Levels of managers
Yet, we know that there are many types of jobs in management. An important determinant of the manager’s job is hierarchical level – vertical differences in their positions. Top managers are at the top of hierarchy and are responsible for the entire organization. They have such titles as president, chairperson, executive director, chief executive officer …
Skills of a successful manager
A manager’s job multidimensional and requires a range of skills. They can be summarized in three categories: conceptual, human, and technical. The degree of each skill needed at different levels of an organization may vary. However, managers at all levels should possess these skills to some extent in order to be successful. Conceptual skill is …
Management functions
Management includes the next functions. Motivation is very important for effective leading; it is essential for successful management. Now, what is planning? It is selecting goals and ways to attain them. Organizing is assigning responsibility for task accomplishment. Leading is using influence to motivate employees. Controlling is monitoring activities and making corrections. All these functions …