This article throws light upon the five main factors influencing manager’s environment. The factors are: 1. Competition and the Global Economy 2. Ethics and Social Responsibility 3. Information and Technological Change 4. Employment Values and Individual Rights 5. Importance of Non-Profit Sector. Factor # 1. Competition and the Global Economy: Quite recently, Japanese management consultant Keniche Ohmae suggests that the [...]
This article throws light upon the two main aspects of manager’s role in an organisation. The aspects are: 1. Accountability 2. Effectiveness and Efficiency. Aspect # 1. Accountability: The difference between managers and other people in the organisation is that only managers are held responsible, or accountable, not only for their own work but also for the work of others. [...]
Here is a compilation of notes on the principles of management:- 1. Definition of Management 2. Socio-Economic and Cultural Significance of Management 3. Organisation and Management 4. Nature 5. Dynamics 6. Managerial Acts 7. Process of Management 8. Challenge to Management 9. Theories of Management 10. Levels of Management 11. Management as an Art, a Science or a Profession and [...]