MANAGEMENT PRACTICE

Best Management Practice



Best Management Practice

Introduction

Management is about the process of getting the work done by and through other people. Management primarily has four functions, which are as follows (Robbins, 1994):

Planning- Answering what is to be done.

Organizing- Answering how is to done

Leading- lead the employees in a specific goal oriented direction

Controlling-It is about evaluating performance and taking corrective actions.

Discussion

I am working at a multinational FMCG. I am in the 'Business Development Unit' of that FMCG. The management practices of my company are as follows (Cowden, Certo, 2000):

Planning

The management at my organization does not involve a uni-lateral planning, because they ...