Essentials Mangement (report) Essay Example | Topics and Well Written Essays - 1500 words

Essentials Mangement (report) - Essay Example The Essentials Management is all about finding solutions to help the organisation to improve efficiency, reduce costs, decrease cycle time and push up strategic initiatives. What are the issues before an ambitious management and an expanding organization? Find solutions to short term and long term problems, lookout and seize the opportunities well in time in this fast moving age of industrial and internet revolution, tackle critical issues posed from time to time and improve effectiveness in functions and crucial programs. Of the four important factors of production, land, labor, capital and organisation, labor (workforce at all levels) is important. The employees can build an organisation just as sometimes it is claimed that the employees can break it. For the organisation to become prosperous and grow employees (including officials of the top management) need to be basically sound and industrious and basic conditions and favourable atmosphere need to be created for them to become b asically sound and industrious. â€Å"If everything is important, then nothing is†¦.Whether it is a multinational corporation, a department within a larger company, or a small entrepreneurial venture, every organisation provides its leader with more distractions and concerns than one person can handle. The key to managing this challenge, of course, is to identify a reasonable number of issues that will have the greater possible impact on the success of your organization, and then spend most your time thinking about, talking about, and working on those issues.†(Lencioni, 2006, introduction. xi) The phrases like decentralization, delegate responsibility etc. often find favor in an expanding organisation. The modern management science favours these techniques. But the critical point for the success of organization is somewhere else. The growth of an organization needs to be a healthy growth. None but the head of an organisation can make it healthy. To delegate responsibility for