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Fundamentals of Management - Coggle Diagram
Fundamentals of Management
Concept and Importance
Definition: Planning, organizing, leading, controlling
Goal: Efficiency, effectiveness, and adaptation
The Business Environment
Open System: Inputs ➔ Transformation ➔ Outputs
Macroenvironment: PESTEL analysis
Microenvironment: Customers, suppliers, competitors
Management Evolution
Classical: Taylor (Scientific) & Fayol (Administrative)
Human Relations: Mayo (People and climate)
Modern: Drucker (MBO), Systems, and Contingency
Management Process
Planning: Define goals and strategies
Organizing: Allocate structures and resources
Leading: Motivate, guide, and communicate
Controlling: Measure performance and correct
Ethics & CSR
Business Ethics: Transparency and fair decisions
CSR: Environmental, social, and stakeholder impact