strat

• Management is the art of getting things done through people.
• Planning in management involves defining the mission, vision, objectives, and goals.
• The Greek word "movere" means to move.
• Organizations are complex and diverse, requiring all parts to work together towards achieving the organization's goals.
• Organizing in management involves assigning human and non-human resources to achieve the stated organizational goals.
• An organizational chart is a tool that puts people in place in an organization.
• Coordination in management only happens if everyone is in the same level.
• Delegation in management is from the top to the bottom.
• Span of Control in management should be both effective (do the right thing) and efficient (do things right) according to Peter Drucker.
• Levels of Management include Top management, Middle management, and First line management.
• The Principle of Subsidiary in management states that you should do your work according to your job description (over or above).
• Elements of an Organizational chart include Division of work, Departmentalization, Leadership, and Communication.
• Division of work in an organizational chart ensures that work is assigned according to the job specification (knowledge, skills, attitude) of an individual employee.
• Departmentalization in an organizational chart ensures that no overlapping of functions occurs.
• Contingency planning is crucial for an organization without it, the organization will fail.
• Strategy is a plan for how the organization will do and what it is in business to do, how it will compete successfully, and how it will attract and satisfy its customers in order to achieve its goals.
• Strategic leadership makes stronger strategic management by anticipating, envisioning, maintaining flexibility, thinking strategically, and working with others in the organization to initiate changes that will create a viable and valuable future for the organization.
• Perfect communication is when a transmitted idea was received and understood by the receiver exactly as it was envisioned by the sender.
• Leadership in an organizational chart can be visionary/charismatic, selfishness and greed-ness, or management by objectives (MBO).
• The function of communication is control, motivation, emotional expression, information, and time management.
• Strategic management can make a difference in how well an organization can perform and it involves examining relevant factors and deciding what actions to take in a changing environment.
• A Gantt chart outlines every activity and has a time frame.
• Interpersonal communication is communication between two or more people.
• The foundation of a successful relationship in an organization is communication.
• Organizational communication is all patterns, networks and systems.
• Strategic management provides direction and maximizes resources.
• A Key Result Area (KRA) or Key Performance Indicator (KPI) is an estimated budget.
• The speaker who is not heard or whose materials are not read is not communication.
• Controlling involves going back to what has been planned and articulating the flow of an organization.
• Communication involves the transfer and understanding of meaning.