Quote
"Understanding the concept of competency is a prerequisite to understanding his integrated model of management."
M
Management"The administrative function has many duties. It has to foresee and make preparations to meet the financial, commercial, and technical conditions under which the concern must be started and run. It deals with the organization, selection, and management of the staff. It is the means by which the various parts of the undertaking communicate with the outside world, etc. Although this list is incomplete, it gives us an idea of the importance of the administrative function. The sole fact that it is in charge of the staff makes it in most cases the predominant function, for we all know that, even if a firm has perfect machinery and manufacturing processes, it is doomed to failure if it is run by an inefficient staff."
Management is the administration of organizations, whether businesses, nonprofit organizations, or government bodies through business administration, nonprofit management, or the political science sub-field of public administration respectively. It is the process of managing the resources of businesses, governments, and other organizations.
"Understanding the concept of competency is a prerequisite to understanding his integrated model of management."
"Poor management can increase software costs more rapidly than any other factor. Particularly on large projects, each of the following mismanagement actions has often been responsible for doubling software development costs."
"Middle management has always favored underlings friendly to middle management. It’s corruption, all right, but of a minor and probably unavoidable sort."
"Supervision is also part of the process of building capacity and transferring knowledge. The five steps in teaching an employee new skills are preparation, explanation, showing, observation and supervision."
"Managements are frequently more conscious of what numbers they want to report than they are of what has actually transpired in a given quarter or a given year."
"An intelligent man neither allows himself to be controlled nor attempts to control others; he wishes reason alone to rule, and that always."