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Business
Management
Term | Definition |
---|---|
Management | Involves getting people to work together for a common goal using the skills of leading, motivating and communicating |
Leading | Encourage employees to work together for a common goal |
Motivating | Managers must find out what motivates their employees |
Communicating | Managers must be able to exchange information effectively |
Planning | Must be able to identify overall business goals and break them down into more manageable tasks |
Organising | Identify tasks and roles and put them in an organised structure for them to be completed |
Controlling | Management should be able to build control mechanisms into the business |
Problem solving | Managers should be able to identify problems and get solutions to deal with them |
Flexibility | Managers should be able to deal with unexpected situations |
Charisma | Ability to inspire others |
Hard working | Set good example for employees by working hard in the firm not quitting until tasks are done |
Initiative | Not to wait until others tell them to do something |