The word 'management' is derived from the Latin word 'Manus' which means hands. Thus, management refers to handling a particular activity. Management refers to the process of setting certain pre-determined objectives and achieving them through optimum utilization of resources. According to Drucker, management is the dynamic life-giving element in every organization. It is the activating force that gets things done [...]
Everything you need to know about the importance of directing. While studying the characteristics of directing you must have realized that, every activity performed in the organisation is initiated through directing. Directing integrates people from all levels of management towards achievement of common objectives. Through directing managers instruct their subordinates about 'what they should do', 'when they should do' and [...]
Everything you need to know about importance of training and development. Training and development is the corner-stone of sound management. Training and development makes employees more productive and effective. It is actively and intimately related to all the personnel or managerial activities. It is an integral part of the whole management program with all its many activities functionally inter-related. Training [...]