Management is the range of decisions and actions directed at optimising the use of an organisation's resources towards the achievement of its purpose.
An organisation's resources include:
- People with their skills and knowledge
- Money
- Property, Real Estate
- Machinery
- Equipment
- Knowledge and Intellectual Property (trade marks and patents)
- Reputation or Brand
- Customer Base
The optimisation of these resources is the role of Managers.As far back as 1986, Peter Drucker, a prominent commentator on Management, wrote in his book, "The Frontiers of Management", that:
"Executives spend more time on managing people and making people decisions than on anything else, and they should. No other decisions are so long lasting in their consequences or so difficult to unmake."
HRworkbench is primarily concerned with the optimisation of the people within the organisation.
We provide processes for analysis, performance management, training, and development, of staff, and for the Managers themselves.
Management is a primary function in all organisations, whether for profit or not.
Best Practice in Management cannot be summarised in a paragraph.