Category: Management

Management is often included as a factor of production along with? machines, materials, and money. According to the management guru Peter Drucker (1909-2005), the basic task of management includes both marketing and innovation. Practice of modern management originates from the 16th century study of low-efficiency and failures of certain enterprises, conducted by the English statesman Sir Thomas More (1478-1535). Management consists of the interlocking functions of creating corporate policy and organizing, planning, controlling, and directing an organization’s resources in order to achieve the objectives of that policy.

The organization and coordination of the activities of a business in order to achieve defined objectives.

The size of management can range from one person in a small organization to hundreds or thousands of managers in multinational companies.


Book Summary – The Sustainability Edge (How to Drive Top-Line Growth with Triple-Bottom-Line Thinking)

Sustainability means basing your business practices on the premise of an interconnected world with finite resources. Embracing sustainability empowers companies to outperform their competitors and deliver “triple-bottom-line” results: “profit, people and planet.” Increasingly, investors...


Book Summary – The Magic of Tiny Business (You Don’t Have to Go Big to Make a Great Living)

A tiny business doesn’t mean a one-person enterprise with a single, hard-pressed and overwrought entrepreneur working nonstop out of a bedroom while barely covering expenses. A tiny business can make a great income, hire a coterie of employees and enable the owner to maintain a schedule that includes time off and vacations. But, like any company, a...