Principles of Management

Collections of people work together and coordinate their actions to achieve various goals or desired future outcomes.

• organizations

• management

• performance

• outcomes

The planning, organizing, leading, and controlling of human and other resources to achieve organizational goals efficiently and effectively.

• leading

• manager

• resources

• management

A measure of how efficiently and effectively a manager uses resources to satisfy customers and achieve organizational goals.

• goals

• organizational performance

• efficiently

• achievement

A measure of how well or productively resources are used to achieve a goal.

• productively

• efficiency

• effectiveness

• appropriateness

A measure of the appropriateness of the goals an organization is pursuing and the degree to which the organization achieves those goals.

• degree

• goal

• effectiveness

• pursue

Identifying and selecting appropriate goals is one of the four principal tasks of management.

• organizing

• planning

• controlling

• leading

A cluster of decisions about what goals to pursue, actions to take, and how to use resources to achieve those goals.

• strategy

• action

• task

• development

Structuring working relationships in a way that allows organizational members to work together to achieve organizational goals is one of the four principal tasks of management.

• leading

• organizing

• controlling

• planning

A formal system of task and reporting relationships coordinates and motivates organizational members to work together to achieve organizational goals.

• chart

• chain of command

• leadership

• organizational structure

Articulating a clear vision and energizing and enabling organizational members so they understand the part they play in achieving organizational goals one of the four principal tasks of management.

• harmony

• mission

• vision

• leading