What is Management?
- Management – achieving goals/objectives with limited resources.
- Management –functions, process.
- Effectiveness and efficiency.
- Management – levels, activities, planning horizons, skills.
- Trends – Globalization; Growth of the service sector; Emphasis on quality and productivity; Emphasis on workers, continuous learning, the Learning Organization; Technology and communications; Concern for environment, social responsibility, ethics and diversity.
- Data day-to-day basis, this is the way human society ought to be organized.
- Business plans are really about getting results improving your organization.
- Your brilliant strategies( how you will achieve the objectives) and beautifully formated planning documents are just theory unless you assign responsibilties, with dates and budgets, and lots of following up and tracking results.
- Set concrete goals: ultimate objectives( what you want and when).
- Business need plans to optimize growth, objectives, schedual, specific tasks and duties with deadlines PERT/CPM.
- CPM: sequence of tasks thus organizational resources can be focused and concentrated on critical path tasks.
Consider the following curves:
The model © Ma'in Sinan is a patern match curve.
The process © Ma'in Sinan is a sum of functions, operations and transformations that enables individuals and organizations to quantify the new input factors (Energy, Effort, Money, Time, Change, and Rate of Change) in order to achieve their goals through efficient acquisition and utilization of resources.
© Assumptions of New Political Economic Theory.
- Every consumer is a producer as will.
- Energy as an INPUT, match the supply curve
- Effort as an OUTPUT, match the demand curve
- Value($) will be represented on Y axis.
- Time will be represented on X axis.
- Change(dx/dt) will be represented on X axis.
- Rate of change will be represented on X axis.
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