Management
Today, we are giving
another term from our book, “How to Understand Your Job Better:
Hutar Job and Business Terms,” available for sale here
on the website.
Management
Management is that group of individuals selected by the owners to direct the operations of the company. It consists of foremen, supervisors, department
heads, officers and directors. In smaller companies, the owners are
also usually the top managers. Management is responsible for making
and administering policy, establishing company direction, maintaining
controls, and doing whatever is necessary to ensure that the
operation is profitable. Those individuals selected for management
have executive skills; a capacity for managing and directing the
efforts of others to accomplish established goals. They are leaders.
Management runs the company- it cannot run itself. Management creates
jobs.
Questions for Reflection:
If you’re a manager, how do you rate your own effectiveness at the job?
If you’re NOT a manager, how can you increase your management skillset?
Are you interested in becoming a manager? What is your game plan to get there?
