COMMERCE 1E03 Lecture Notes - Lecture 8: Swot Analysis, Bound 2, Knowledge Management

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Managers must practice the art of getting things done through organizational resources. Resources: a general term that incorporates human resources, natural resources, and financial resources. Most modern managers emphasize teamwork and cooperation opposed to discipline and giving orders. Tend to move from one company to another as career unfolds. Management: the process used to accomplish organizational goals through planning, organizing, leading and controlling people and other organizational resources. Managers must practice the art of getting things done through organization resources that include. Today management is becoming more progressive as managers are educated to guide, train, support, motivate and coach employees rather then tell them what to do. Management; the process used to accomplish organizational goals. Step 1: planning (creating a vision based on values) A management function that includes anticipating trends and determining the best strategies and tactics to achieve organizational goals and objectives.

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