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Management - Coggle Diagram
Management
Background
What is management?
Why is it important?
Roles
Add an example
Recommendations :
Collaboration
Build trust
organization must invest in their organization
Willingness
Effort
Time
Money
Employee recognition
Business Situation
Why is it a problem?
Lack of a prominent figure
Employees and resources allocation
Business Failure
Lack of a future goal
What led the problem?
Unethical decisions
Poor leadership and decison making
Lack of innovation
Not goal oriented
Who is being affected?
Executive
Employees
Investors
Consumers
Business
Solutions
Decentralized Departments
Strength/Opportunity
Create internal value within departments and individuals
Eliminates weakpoints within management
Weakness/Opportunity
Lack of communication between departments
Companies can lose control over department decisions
Developing a coaching culture
Strength/Opportunity
Perpetual employee development
Allows the company to grow with its employees
Wekness/Threat
Costly and requires lots of time
Large companies offer better training, taking employees from smaller companies