What is the definition of Management? π π
Administration; the use of limited resources combined with forecasting, planning, leadership and execution skills to achieve predetermined specific goals.
Alright class, settle down now, letβs take a look today,
At a word thatβs important, in a powerful way.
We're talking about
management
, itβs quite the key,
To making things run smoothly, for you and for me!
The dictionary gives us a breakdown so neat,
Letβs unpack this meaning, canβt be beat!
"Administration," that's part one, you see,
Organizing tasks β efficiently!
Then βuse of limited resources,β listen close to my plea,
Like time and money, working carefully.
We gotta make the most of what we have around,
So nothingβs wasted, on solid ground.
βForecastingβ is predicting, a glimpse into the future's grace,
Thinking ahead, at a rapid pace!
βPlanning,β it follows, with steps clear and bright,
A roadmap for success, shining light.
"Leadership," thatβs guiding, inspiring with might,
Motivating your team, to do what is right!
And finally, "execution," the doing you see,
Putting those plans into action, brilliantly free!
So, management's a blend, a wonderful mix,
Of thinking and working, with skillful tricks.
Itβs about setting goals, both big and small,
To reach your destination, standing tall!
Does that make sense to you, my dear students so bright?
Any questions you have, let's talk them out right!