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Outline Of Management
The following outline is provided as an overview of and topical guide to management: Management (or managing) is the administration of organizations, whether they are a business, a nonprofit organization, or a government body. The following outline provides a general overview of the concept of management as a whole. For business management, see Outline of business management. Introduction * Delegation * Hierarchy ** Authority * Institution ** Institutional analysis ** Institutional repository ** Institutional research * Mission statement * Performance ** Performance appraisal ** Performance measurement *** Performance indicator * Policy ** Policy analysis ** Policy studies * Supervision Aspects * Management auditing ** Management due diligence * Management buyout * Management contract * Management development * Management process * Managerial psychology * Management style * Management system Theory * Actor-network theory * Control theory ** Management control system ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Policy Analysis
Policy analysis is a technique used in the public administration sub-field of political science to enable civil servants, nonprofit organizations, and others to examine and evaluate the available options to implement the goals of laws and elected officials. The process is also used in the administration of large organizations with complex policies. It has been defined as the process of "determining which of various policies will achieve a given set of goals in light of the relations between the policies and the goals." Policy analysis can be divided into two major fields: * Analysis existing policy, which is analytical and descriptive – it attempts to explain policies and their development * Analysis new policy, which is prescriptive – it is involved with formulating policies and proposals (for example: to improve social welfare) The areas of interest and the purpose of analysis determine what types of analysis are conducted. A combination of two kinds of policy analyses ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Control Theory
Control theory is a field of mathematics that deals with the control of dynamical systems in engineered processes and machines. The objective is to develop a model or algorithm governing the application of system inputs to drive the system to a desired state, while minimizing any ''delay'', ''overshoot'', or ''steady-state error'' and ensuring a level of control stability; often with the aim to achieve a degree of optimality. To do this, a controller with the requisite corrective behavior is required. This controller monitors the controlled process variable (PV), and compares it with the reference or set point (SP). The difference between actual and desired value of the process variable, called the ''error'' signal, or SP-PV error, is applied as feedback to generate a control action to bring the controlled process variable to the same value as the set point. Other aspects which are also studied are controllability and observability. Control theory is used in control system eng ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Management System
A management system is a set of policies, processes and procedures used by an organization to ensure that it can fulfill the tasks required to achieve its objectives. These objectives cover many aspects of the organization's operations (including financial success, safe operation, product quality, client relationships, legislative and regulatory conformance and worker management). For instance, an environmental management system enables organizations to improve their environmental performance, and an occupational safety and health management system enables an organization to control its occupational health and safety risks. The international standard ISO 9000:2015 (Title: Quality management systems - fundamentals and vocabulary) defines the term in chapter 3.5.3 as a "set of interrelated or interacting elements of an organization to establish policies and objectives, and processes to achieve those objectives". A simplification of the main aspects of a management system is the 4-el ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Management Style
Management consists of the planning, prioritizing, and organizing work efforts to accomplish objectives within a business organization. A management style is the particular way managers go about accomplishing these objectives. It encompasses the way they make decisions, how they plan and organize work, and how they exercise authority. Management styles varies by company, level of management, and even from person to person. A good manager is one that can adjust their management style to suit different environments and employees. An individual’s management style is shaped by many different factors including internal and external business environments, and how one views the role of work in the lives of employees. Factors that shape the management style Internal factors Internal company factors that determine a management style include, but are not limited to, policies, priorities, corporate culture, staff skill levels, motivation and management structures. In order to be effec ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Managerial Psychology
Managerial psychology is a sub-discipline of industrial and organizational psychology that focuses on the effectiveness of individuals and groups in the workplace, using behavioral science. The purpose of managerial psychology is to aid managers in gaining a better managerial and personal understanding of the psychological patterns common among these individuals and groups. * Managers can use managerial psychology to predict and prevent harmful psychological patterns within the workplace and to control psychological patterns to benefit the organisation long term. * Managerial psychologists help managers, through research in theory, practice, methods and tools, to achieve better decision-making, leadership practices and development, problem solving and improve overall human relations. Managerial psychologists In early years, managerial psychologists mainly studied fatigue, boredom, and other working conditions that could impede efficient work performance. More recently, ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Management Process
Management process is a process of setting goals, planning and/or controlling the organising and leading the execution of any type of activity, such as: * a project (project management process) or * a process (process management process, sometimes referred to as the process performance measurement and management system). An organization's senior management is responsible for carrying out its management process. However, this is not always the case for all management processes, for example, sometimes it is the responsibility of the project manager to carry out a project management process. Accessed: 2010-05-02. Steps Planning, it determines the objectives, evaluate the different alternatives and choose the best from them. Organizing, define ...[...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Management Contract
A management contract is an arrangement under which operational control of an enterprise is vested by contract in a separate enterprise that performs the necessary managerial functions in return for a fee. Management contracts involve not just selling a method of doing things (as with franchising or licensing) but involve actually doing them. A management contract can involve a wide range of functions, such as technical operation and of a production facility, management of personnel, accounting, marketing services and training. In Asia, many hotels operate under management contract arrangements, as they can more easily obtain economies of scale, a global reservation systems, brand recognition etc. It is not unusual for contracts to be signed for 30 years, and having a fee as high as 3.5% of total revenues and 6–10% of gross operating profit. Management contracts have been used to a wide extent in the airline industry, and when foreign government action restricts other entry method ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Management Buyout
A management buyout (MBO) is a form of acquisition in which a company's existing managers acquire a large part, or all, of the company, whether from a parent company or individual. Management-, and/or leveraged buyout became noted phenomena of 1980s business economics. These so-called MBOs originated in the US, spreading first to the UK and then throughout the rest of Europe. The venture capital industry has played a crucial role in the development of buyouts in Europe, especially in smaller deals in the UK, the Netherlands, and France. Overview Management buyouts are similar in all major legal aspects to any other acquisition of a company. The particular nature of the MBO lies in the position of the buyers as managers of the company and the practical consequences that follow from that. In particular, the due diligence process is likely to be limited as the buyers already have full knowledge of the company available to them. The seller is also unlikely to give any but the most ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Management Due Diligence
Management due diligence is the process of appraising a company's senior management—evaluating each individual's effectiveness in contributing to the organization's strategic objectives. Assessing company management is crucial when closing business deals. It can mean the difference between long-term success or sudden failure. It also helps the organisation understand how the teams perform their roles in context with the company's future business plan. This helps clarify the structure of the organisation's work-force. The management due diligence process can be identified as an informative tool for external stakeholders, and can also be referred to as Management Assessment as it addresses the team’s dynamics and highlight the risks. Management assessment Management assessment usually focuses on assessing the leadership skills and characteristics of the organisation's managers—such as the ability to adjust to a changing environment and communicate effectively with other indi ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
