Management

 

What is management?

According to Google's AI:

Management is the process of coordinating activities to achieve organizational goals, encompassing planning, organizing, directing, and controlling resources. It involves guiding and motivating employees, ensuring efficient resource allocation, and making strategic decisions to drive the organization forward. Essentially, management is about getting things done effectively and efficiently through others.

That is exactly what all the business textbooks say regardless of the author(s) or publishers.

ACHIEVING GOALS is the key word here is the key word here, but who's goals?

1. President/CEO
2. Chairman of the Board
3. Board members
4. Stockholders
5. Upper management
6. Middle management
7. Lower management
8. Employees
9. Customers

The President/CEO is measured every NINETY DAYS...

Curiously, stock dividends are distributed every NINETY DAYS...

Coincidence???

Most companies have the following goals:

• Increase revenue
• Increase MarketShare
• Decrease expenses
• Open new markets
• Develop new products
• Understand your competition

NOTE: 

1. what is not always shared is the percentage by which management demands an increase/decrease.  5% - 10% - 20% - higher

2. a high percentage demand causes employees at all levels to fudge the numbers

3. a high percentage causes company to use the concept of built in obsolescence - or make a product that is designed to crap out after 3-5 years forcing repeat business

None of the textbooks or AI writes about that.  So where does AI get its information?