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Management is the direction and control of strategies, teams, resources, processes and projects. The following are common examples of management functions.Developing plans to achieve your goals.
DirectionCommunicating objectives, goals and instructions to your reports.Establishing objectives and goals for each member of your team.Monitoring and evaluating the performance of teams to reward results and handle low performance.
Implementing strategy and compliance with internal controls.Influencing and motiving teams to get people working towards common goals.ResourcingSecuring resources, including the process of recruiting and retaining employees.Helping new employees to quickly become productive.
Cultivating team culture such as norms, habits, shared experiences and expectations.Oversight of programs of radical change.Creative direction or oversight of creative processes such as design.
Directing, controlling, monitoring and improving day-to-day business processes.Monitoring, measuring and improving productivity and efficiency.Representing your team or function with stakeholders such as executives, business units, clients, employees, regulators, communities and investors.
Communicating to stakeholders and reports.Developing influence within your organization as a means of achieving objectives.Developing and controlling budgets.Developing forecasts and estimates for budgets, plans and schedules.
Developing measures and metrics.OptimizationOptimizing processes and practices using measurement and cycles of improvement.Process ReengineeringCompletely redesigning processes that require significant change.Controlling and delivering change. For example, a process of accepting, reviewing and prioritizing change requests from stakeholders.Sponsoring and implementing initiatives of change.Delivering quality work products, services and processes.Comparing results to others in your industry.ReportingMeasuring and communicating results to your organization.Analysis of requirements, solutions and problems.Making and communicating decisions to move work ahead.The process of managing problems before they occur.The process of managing problems as they occur.Developing, retaining and using knowledge.|
| Type | | | Definition | The direction and control of strategies, teams, resources, processes and projects. | | Related Concepts | |
Management
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