Because no individual can effectively lead a large-scale enterprise single-handedly, the duties and tasks of management get split into several sub-tasks. Those sub-tasks will then be planned and executed within clearly defined borders from (and for) several individuals. The result is a system determined to carry out individual, social, political, economical, environmental and ethical goals. That may sound lofty, but when you think about it, this really is the core of a successful, responsible, forward-thinking business. To reach these goals, the key resources have to be found, secured, procured, processed and used in the most effective way possible.
Let’s take a look at a dictionary definition of management:
“Management”—(from Latin manus agere “to lead by the hand”, guidance) characterizes either the group leading an organization or the associated activities and tasks to run an organization (planning, execution, control and adjustment of measures to ensure the well being of the organization).
Tags: adjustment borders control control and adjustment dictionary definition economical environmental ethical ethical goals execution guidance individual key resources large scale latin lead by the hand management management management manus measures organization planning political scale enterprise social
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