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CH9: Introduction to General and Strategic Management

charnekeen EB101 University Inglés 8 fichas

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  1. 1ManagementThe process of getting things done, in other words, achieving the strategic intentions of businesses, with the help of the other members of the business.
  2. 2General ManagementGeneral management is the overarching business function charged with the management and integration of all the other business functions and executing the managerial tasks.
  3. 3LeadershipLeadership is the ability of a manager to influence the behaviour of co-workers through motivation, communication and empowerment, so that they voluntarily contribute to the attainment of the business intentions of their firms.
  4. 4Strategic ManagementThe process of forming a strategic vision, setting objectives, crafting a strategy, implementing and executing the strategy, taking on-going corrective action to the strategy.
  5. 5Strategic Management Process1. Developing a strategic visions and business mission.
    2. Setting goals and objectives.
    3. Creating an operational strategy to achieve goals and objectives.
    4. Implementing and executing the strategy.
    5. Evaluating performance monitoring new developments and initiating corrective adjustments.
  6. 6Management Levels1. Executive Management
    2. Middle Management
    3. Lower-level Management
  7. 7Executive ManagementExecutive management comprises those individuals or groups (founder entrepreneurs and executive managers) who are responsible for managing the firm as a whole.
  8. 8—

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Descripción
To understand the overarching business function called general and strategic management, including various including various management concepts such as the management tasks, levels, skills, competencies and roles
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charnekeen
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