Henri Ford, the Dearborn man on the outskirts of Detroit, the father of the famous Ford T, which was released in 1908, is at the origin of many principles of lean manufacturing. He is at the origin of the extraordinary boom of the automobile industry! With hindsight, we realize that the explosion of an industry […]
McKinsey 7s Model and How to Use it
McKinsey 7s Model is a tool designed for the purpose of examining the structural layout of a particular company. While considering 7 important internal components, namely strategy, structure, systems, shared values, style, staff and finally skills. These 7s are probably known as the McKinsey 7s Model in the business world. The reason behind carrying out […]
Centralization and Decentralization | Advantages & Disadvantages
Span of management, centralization and decentralization all comes under the heading of authority. It is a range of subordinates who are given instructions to report directly to a particular top level manager. Span of Management is also termed as Span of Control. As per precautions, managers should neither have few subordinates nor too many subordinates. […]
Control Process: Definition and Forms of Control Process
Forms of Control and the Control Process that how this process is initialized and completed. Here is the control process in detail.
Controlling as Function of Management Explained
Importance of Controlling in the management perspective and how it helps managers to achieve the required goals and objectives.
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