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Principles of Management.

Date Submitted: 03/30/2001 13:42:15
Category: / Business & Economy
Length: 12 pages (3285 words)
Views: 94419

In the theory of management, organization has two principal aspects. One relates to the establishment of so-called lines of responsibility, drawn usually in the form of an organization chart that designates the executives of the business, from the president to the foreperson or department head, and specifies the functions for which they are responsible. The other principal aspect relates to the development of a staff of qualified executives. It is obvious to me that planning …

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…organize, lead and control the organization and its members. Consequently, many view the term "management development" to include executive development (developing executives), leadership development (developing leaders), managerial development (developing managers) and supervisoral development (developing supervisors). As mentioned above, there are people who assert a strong difference between "leading" and "managing". These people often refer to leadership development (developing skills in leadership) as apart from management (and managerial) development (developing skills in planning, organizing and controlling).

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