Thursday, December 20, 2012

What is effective management and Manager ?


What is effective management and Manager ?
I believe and concise , management , in my terms as follows :
Effective management is the perfect alignment of all Ms – Marketing , Man , Machine , Methods, Materials & Money in a clear cut direction. 
How can it be done ?  Answer is Through – POLC (Planning , Organising , Leadership and Controlling).
Question is – Every entrepreneur or good manager follows POLC , then why they get failed ?
Answer is :  Most of the entrepreneur/Manager does not give the weightage to this essential POLC.  According to me , the weightage should be given to Planning as 40%, Organisaing – 30% , Leadership : 20% and Controlling : 10%. 
But in most of cases this becomes reverse and management / manager collapse to get the desired results. 
So, follow POLC with 40% -30%-20%-10% formula.