Business management

Management is the management of the organization, whether it is a business, non-profit organization or government body. Management involves coordinating the organization's strategy definition and its employee's efforts to achieve their goals using available resources such as financial, natural, technological and human resources. The term "management" may also apply to people who manage the organization.


Types of managers:
Senior managers, such as members of the board of directors and a chief executive officer or president of the organization. They determine the organization's strategic objectives and decide on the functioning of the joint organization. Senior executives are usually executive professionals and provide management to middle management who directly or indirectly report them.
Middle managers, examples of which include branch managers, regional executives, department heads and department heads, provide leadership for front-line executives. Middle managers communicate leading strategic management goals for front-line drivers.
Lower managers, such as supervisors and front-line team leaders, oversee the work of regular employees (or volunteering in some voluntary organizations) and provide leadership in their work.

Managers responsibilities include:

• Forecasting;
• Planning;
• Organizing;
• Commanding;
• Coordinating;
• controlling;
• etc.

In profitable organizations, the main management is the satisfaction of several stakeholders. It usually involves making a profit, creating value at reasonable prices and providing employees with great job opportunities. In non-profit management, add to the importance of maintaining donor faith. In most management and management models, shareholders vote on the board, and the board recruits senior management. Some organizations have experimented with other methods for selecting or reviewing managers, but this is rarely the case.