Information to make decisions affecting their work is collected by each employee as a key element of total quality management (TQM).

Management and employees understand a common way forward, agreeing on organizational objectives as part of this management system .

Objectives planned determine if results are worthwhile and contributing to an organization ‘s mission and goals in this process management style.

Unstructured approach of keeping a finger on the pulse of the organization by collecting qualitative information and listening to suggestions and complaints. Hands-on, direct manager participation in subordinates’ work-related affairs. […]

Managing mutual funds, unit trusts, hotels, resorts, property development , and offshore companies for a management fee is what this organization does when retained by investors/owners. Providing services much like […]

What a management consulting firm does. Advises companies, suggesting optimum strategies for managing and operating their business. The consulting firm facilitates concept development for business strategy and operational techniques, and […]

Agreement, for coordinating and overseeing a contract, is made between investors or owners of a project, and the hired management company . Computing management fees and the conditions and duration […]

Entity appointed to work alongside the principal, contractee or project owner , and coordinate activities of architects, engineers, inspectors , subcontractors, n the preconstruction stage.

A management function with three components: (1) setting standards, (2) measuring actual performance , and (3) taking corrective action, fully aimed at achieving defined goals within an established timetable.

Organizational development portion covering executive-level employees recruitment , assessment , and training to equip them for higher positions in leadership . This process typically includes: (1) cognitive thinking development , […]

Run-rate cost for a mutual fund or unit trust. Charged against income. It covers directors’ remuneration , administrative and audit fees, and shared registration expenses. Generally tallies to 0.5 percent […]

Management company ‘s paid remuneration . Mutual funds, unit trusts, hotels, resorts, and offshore companies are managed on behalf of investors/owners. A fixed monthly, quarterly, or annual amount plus a […]

Resources consumed per unit of output as measured relates actual performance and results achieved to desired, targeted objectives. Also refer to management ratios.

The study of information needs as this organized method facilitates at every level in making operational, tactical, and strategic decisions by an organization ‘s management. Designing, implementing, maintaining procedures, processes, […]

An organization ‘s management team capabilities comprehensively cataloged. Each manager’s employment records, formal and informal education and training obtained, immediate supervisor’s report, and the results of appraisal tests are the […]

The decision making process guided by a management position’s individual set of beliefs..

Exercising its discretion in certain areas without discussions with or the agreement of a union as an employer’s or management’s unqualified authority. The rights to (1) assign and direct workforce, […]

Comprised of core rights to determine the organization ‘s mission, budget, strategy and operational rights to assign, direct, hire and fire. Includes a range of discretion in managing an organization […]

Potential risk tied to company managers’ decisions made in the interest of shareholders and the company at large. Poor decisions or self-serving decisions made by management will potentially destroy shareholder […]

Documented list of required capabilities for different management positions matched to current managers, identifying readiness to fill positions.

Management information system (MIS) subset that extends end-users’ information retrieval capabilities by generating ‘what if’ scenarios with ‘query and analysis functions’ for searching a database and developing other functions.

Documented, tested, step-by-step method of issue-free functioning using standard practices. Contains details on (1) enterprise management, (2) corporate policy implementation, (3) accounting, monitoring, and quality control procedures implementation, (4) selecting […]

This statement is part of the Form 10K provided by a company’s management department, highlighting the financial operations for investors.

An individual accountable for specific tasks, or specific company areas. A staff of people typically report up to this person.

Financial methods assessed, judging affect on the business, internally and externally. Mainly a mixture between basic corporate financing and managerial. Involves changes to prevent loss. Considers how to improve financial […]