Anonymous asked in Business & FinanceCorporations · 1 decade ago

importance of management?

2 Answers

  • 1 decade ago
    Favorite Answer

    management is universal. GURUS LIKE PETER DRUCKER,HERZBERG ET AL SAY IT THROUGH MANAGEMENT THAT, BETTER RESULTS ARE concerns how you manage people , finance,etc

  • 1 decade ago

    Hugely important!

    Without management the group can not easily function as a team, and without teamwork the goal is lost. Without solid goals and steps determined by management on how to get there, high goals are rarely attained.

    If management can add to the bottom line, they are important. A good manager will increase productivity, reduce losses, increase revenue, and ensure compliance is met. If they do not increase the likelihood of success and unlikeliness of failure, they are not needed.

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