Management is the act of getting people together to accomplish desired goals and objectives using available resources efficiently and effectively. Management comprises planning, organizing, staffing, leading or directing, and controlling an organization (a group of one or more people or entities) or effort for the purpose of accomplishing a goal. Resourcing encompasses the deployment and manipulation of human resources, financial resources, technological resources and natural resources. Since organizations can be viewed as systems, management can also be defined as human action, including design, to facilitate the production of useful outcomes from a system. This view opens the opportunity to manage oneself, a pre-requisite to attempting to manage others. The verb manage comes from the Italian maneggiare (to handle, train, control horses), which in turn derives from the Latin manus (hand). The French word mesnagement (later ménagement) influenced the development in meaning of the English word management in the 15th and 16th centuries. Some definitions of management are: At first, one views management functionally, such as measuring quantity, adjusting plans, meeting

Publisher
Institute for Operations Research and the Management Sciences
History
1954-present
Website
http://mansci.journal.informs.org/
Impact factor
2.221 (2010)

Some content from Wikipedia, licensed under CC BY-SA

Research on the wisdom of crowds: Making the bandwagon better

With a web browser or a cellphone, consumers today are making decisions about causes to fund, stocks to pick, movies to watch, restaurants to visit, products to buy and music to hear partly based on the answer to a single ...

Combining experiments, models boosts social behavior research

Researchers from North Carolina State University and Northwestern University are outlining a new approach to behavioral research that draws on experimental studies and computer models to offer new insights into organizational ...

Predicting the future with the wisdom of crowds

Forecasters often overestimate how good they are at predicting geopolitical events—everything from who will become the next pope to who will win the next national election in Taiwan.

Study explores how backing for clean technology should be designed

Governments often offer subsidies to consumers for clean-technology products, from home solar panels to electric vehicles. But what are the right levels of subsidy, and how should they be calculated? As a new paper co-authored ...

page 1 from 9