Principals of Management

Principals of Management - and future development These...

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Principals of Management Of the five key managerial skills which one do you think is the most important and why? Of all five key managerial skills I believe that conceptual skill is the most important. Conceptual skills give upper management a metal map of the organization and it sets the direction or goals for the company. Management need to have a vision of where the organization is going to evaluate its competitors and critical changes that may need to be taken. Conceptual management set objectives to determine the structure of the business, decision making strategies, goal setting,
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Unformatted text preview: and future development. These objectives are the foundation of the business which forms a guideline for the entire organization. Setting objectives can be challenging but it’s necessary to set them and ones that are measurable goals, as many business leaders would say “a company without a plan is a company that plans to fail." Conceptual managers keep a detail track of the organization progress in order to achieve the company goals....
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This note was uploaded on 10/02/2011 for the course BUS 345 taught by Professor Don during the Spring '11 term at NYU.

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