Month: February 2021

Implementation of A Strategic Plan

How To Implement A Strategic Plan? 8 Simple Ways For it

Implementation of A Strategic Plan Strategy implementation is a method by which strategies are operationalized. A manager should implement the strategic plan to achieve defined goals. The formulation of a strategic plan becomes fruitful only after its implementation. For the implementation of a strategic plan, the manager should form an organizational structure, divide works, and …

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strategic planning

What is Strategic Planning? 6 Easy Steps in Strategic Planning Process

What is Strategic Planning? Strategic planning is a comprehensive master plan stating how the organization will achieve its mission and objectives. It is dynamic and long-range planning which focuses on the organization as a whole. Strategic planning is the process of determining how to achieve long-term goals, minimum of five years, with the use of …

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importance of planning

Why Planning is Important? Guide To 8 Importance of Planning

Importance of Planning Planning is a primary and inseparable function of management. It ensures smooth performance and the best utilization of resources including manpower. It defines a clear line of action so that wastage of resources can be minimized. Good planning is the foundation of an organization and a sign of efficient management. It contributes …

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Theory X and Theory Y

An Easy Guide To ‘Theory X and Theory Y’ of Douglas McGregor

Theory X and Theory Y It is Douglas McGregor, who proposed a motivation theory called “theory X and theory Y”. He has viewed human beings’ nature in two ways first negatively labeled X theory and positively labeled Y theory. According to him, theory Y is a set of optimistic assumptions about human nature and theory …

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6 types of managers

6 Types of Managers: Know In Which Category You Falls

Types of Managers Managers can be classified into different groups. Basically, types of managers classified on the basis of levels and nature of work. The types of managers are: Top-level manager Middle-level manager Lower-level manager Generalist manager Functional manager Staff manager Managers can be classified as: On The Basis of Levels of Management Managers can …

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3 essential management skills

An Easy Guide To 3 Managerial (Management) Skills

Management Skills (Managerial Skills) Managerial skills or management skills can be defined as the ability of the manager to do his/her best work regarding the organization. It is the manager’s ability to perform a particular task effectively. Whenever a manager enters the organization he must have some management skills consisting of conceptual, human, and technical …

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5 management functions

Functions of Management: Planning, Organizing, Staffing, Directing, and Controlling

Functions of Management Management is an exercise to achieve the planned goals and objectives of an organization by managing all the devices of the organization. Management functions include all the managerial activities from setting objectives to taking essential steps to ensure and achieve organizational objectives. These functions of management are essential to create a better …

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management definition

What is Management? Definition, Meaning, and Features

What is Management? Management is the process of getting things done through others with the help of some basic activities like planning, organizing, directing, coordinating, and controlling in order to achieve the desired goals and objectives. It is the basis for every organization. An organization can not run for a long time if it’s all …

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