Principles of Management

Empowerment means providing autonomy to individuals to take charge and lead independently by themselves. It refers to giving more power to the employees in terms of

Coordination refers to the ability to work together effectively and efficiently to achieve a common goal or objective. It involves organising, synchronizing, and integrating the activities,

Strategy is a unified, comprehensive and integrated plan designed to assure that the basic objectives of the enterprise are achieved.

Table of Contents: What is Controlling in Management? Controlling in management is a function that ensures efficient and effective use of all the available resources. It refers to the systematic process that an organization implements to evaluate its progress in achieving its predetermined goals. Controlling in management process involves monitoring the execution of the plan and

Elements of Planning The outcome of planning is an overall plan for the business. This plan contains different important components that must receive attention. Although the existence of these components in a plan does not guarantee success, it does lead to more comprehensive and orderly planning.  The various elements of planning are as follows: 1)

By understanding the different types of planning in management, organizations can develop a comprehensive approach to achieving their goals and objectives successfully.