Managerial Effectiveness: Meaning and Elements

After reading this article you will learn about the meaning and elements of managerial effectiveness. Meaning of of Managerial Effectiveness: The term 'managerial effectiveness' could mean achievement of organisational goals, increase in productivity, profit, workers' satisfaction, growth, diversification etc. Managerial effectiveness aims at optimum allocation and utilisation of scarce organisational resources in order to achieve the goals at minimum cost. [...]