Management is a term used to designate the role of coordinating employees of a company in team management tasks.
This is a term directly linked to the action or effect of supervising, coordinating activities within an organization.
Usually the term management also refers to the group of employees at the highest level of the company, who are responsible for coordinating the resources internal, represent the firm before third parties and control the goals and objectives, that is, management is also responsible for the success or failure of a business.
In this context of business management, management is related to several terms linked to administration, such as project management, operations and supply chain management.
In the legal sphere, management is the conventional mandate in which someone is charged with administering the affairs of a society, with broad powers to fulfill the objectives of a social contract.
The person who is in charge of this role is called manager. He is responsible for the functions of planning, organizing, directing and controlling the activities of a company. He must contribute to good management through his ability to lead, lead and coordinate the team.
Types of management
In business management, we can identify some management models that best fit the institution's style. Are they:
asset management
It is the type of management where the main positions and the most important positions are assumed by the company owners themselves
political management
In this model, managerial positions are entrusted to other people, through affiliations and political loyalty.
management by objectives
This is the most adopted model in most companies. In this type of management, regardless of position and hierarchical level, everyone collaborates so that the company's goal is achieved.
