Management effectiveness

In management, the ultimate measure of management's performance is the metric of management effectiveness which includes:

execution, or how well management's plans were carried out by members of the organization
leadership, or how effectively management communicated and translated the vision and strategy of the organization to the members
delegation, or how well management gave assignments and communicated instructions to members of the organization
return on investment, or how well management utilized the resources (financial, physical, and human) of the organization to bring an acceptable return to shareholders
conflict management, or how well management is able to utilitze confrontation and collaboration skills. Management's ability to be flexible and appeal to common interests.
motivation, how management attempts to understand the needs of others and inspires them to perform. Focuses on rewarding performance rather than punishing failure.
consideration, an effective manager is open to critics. Seeks to understand others' values and does not merely view them as a means to an end.

[edit] See also

This page uses content from the English-language version of Wikipedia. The original article was at Management effectiveness. The list of authors can be seen in the page history. As with Psychology Wiki, the text of Wikipedia is available under the GNU Free Documentation License.

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