Fundamentals of Management

main task of management is to increase the return on invested effort and money.It does not matter in what sphere of activity, this task is.

specialists determined the following theoretical basis of management:

  1. monitoring.
  2. Management.
  3. organization.
  4. Plan.

Management considered the art and science at the same time.Art is reflected in the goal - to make sure that the manager of the work was effectively than without it.The scientific part of the management is a method of achieving this goal.

work begins with planning.Without this foundation of management is virtually impossible to succeed in any endeavor.If the occasional success yet taken place, this has negative points.They consist in the failure to conduct a reverse analysis and identify what specifically triggered success.

planning begins with the formulation of the final objectives of the work.The next step will be the identification of the best ways to achieve it.While planning is important to consider the potential and the actual availability of resources (which can be obtained in the near future and that there is now).In addition, great importance is given to the human factor.Upon reaching the goal should be to choose the most rational way.Often in this way it is outsourcing (hiring an outside professional), which saves staff time.

When planning necessarily worked out all the possible scenarios of future events.After comparing all the schemes chosen one, the most appropriate and easily implemented.

As a further basis of management organization acts.Immediately before the planned start a process, you must make sure again that prepared for the implementation of all necessary.If you will be involved in the work of certain individuals, to check whether they are ready to carry out its tasks.The manager should check all personally.This condition is essential for the successful implementation of the plan.

next component of the work is to manage.The essence of the basics of management in regulation.At the same time each participant takes his position and perform certain tasks, and the manager, as a conductor, controls the process.

Fundamentals of Management include an element such as a monitor.Despite the fact that the process is running, the constant control over it.The manager must be sure that all the processes taking place as planned.If you experience any difficulties it affects the work to resolve the problems.

except the above concepts of management, there is the concept of "financial management."The objectives of this industry is somewhat broader.There are a few other basics of financial management.These include:

  1. regulatory, legal, and government regulation of enterprise activity in the financial sector.This, in particular, the tax office in the form of fixed rates, terms of payment and other things.
  2. The use of the market mechanism in the settlement of the financial activities of the organization.In fact this is based on the demand, supply and price level of liquidity of the stock and monetary instruments, loans.
  3. internal financial management of the enterprise.Regulation shall be based on the organization's statutes, regulations, requirements, targets.
  4. Information provision, based on the management and financial accounting, statistical and operational reporting services.
  5. used in the analysis, planning and control of financial, economic activities of the organization financial management techniques.
  6. system of financial leverage.Under levers understand interest rates on deposits and loans, tax rates, depreciation rules.