Principles of Management.

Title: Principles of Management.
Category: /Business & Economy
Details: Words: 3285 | Pages: 12 (approximately 235 words/page)
Principles of Management.
In the theory of management, organization has two principal aspects. One relates to the establishment of so-called lines of responsibility, drawn usually in the form of an organization chart that designates the executives of the business, from the president to the foreperson or department head, and specifies the functions for which they are responsible. The other principal aspect relates to the development of a staff of qualified executives. It is obvious to me that planning …showed first 75 words of 3285 total…
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…showed last 75 words of 3285 total…organize, lead and control the organization and its members. Consequently, many view the term "management development" to include executive development (developing executives), leadership development (developing leaders), managerial development (developing managers) and supervisoral development (developing supervisors). As mentioned above, there are people who assert a strong difference between "leading" and "managing". These people often refer to leadership development (developing skills in leadership) as apart from management (and managerial) development (developing skills in planning, organizing and controlling).

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