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Dynamic Management
by admin| Article Summary |
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Traditional management techniques are based on the model 'Plan Execute Control'. This approach has certain difficulties in the implementation of all the three stages. The question of reliability of basic facts and forecasts for needed planning, effect of external influences on its execution and influence of time factor in control measures are problems faced by many. These problems emanate from the assumption that business criteria are static. I real life situations everything in business is dyanimc and ever changing. It is important to adapt all our management techniques to the changing circumstances. By radically changing our approach to devising of management techniques we can evolve a 'dynamic management.'... [View Article] |
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