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Management effectiveness - Definition and Overview |
| Related Words: Amperage, Authority, Authorization, Availability, Beef, Bite, Capability, Charge, Charisma, Cogency, Command, Compulsion, Control, Dominion |
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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
See also
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