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Management

Management is the process of leading and directing all or part of an organization, often a business one, through the deployment and manipulation of resources (human, financial, material, intellectual or intangible). Management can also be thought of functionally as the action in measuring a quantity on a regular basis and adjusting an initial plan and the actions taken to reach one's intended goal. This applies even in situations where planning does not take place. Situational management may precede and subsume purposive management.

Management of complex organizations is a common subject of research. Operations research, sometimes known as "management science", has attempted to make a science of some aspects of management.

The theory of constraints approach to management boils the effort down to a repetitive cycle of three basic questions -- What to change? To what to change to? How to make the change happen?

Different things that can be managed:

See also:



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