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    Top Ideas and Insights on Management
    Top Ideas and Insights on Management
    Top Ideas and Insights on Management
    Ebook33 pages22 minutes

    Top Ideas and Insights on Management

    By IntroBooks Team

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    About this ebook

    Management is a relatively new ideology in the world's history.
    Factories did not exist before the industrial revolution and businesses were mostly working in geographically limited regions.
    People who did explore new geographical boundaries were still working as their own managers or leaders taking decisions on their own and basing their business practices from their experiences and those of friends and relatives they knew.
    Everything from accounting to supervision was generally looked after by the owner directly, and even if the business was big enough to employ accountants and supervisors, the owner was directly managing his employees. As a result, management was limited and the philosophies of management were not explored beyond small or medium business.
    Today, management is more complex and embodies a lot more than just the ideologies of the owner. This is why it is important for a company to have a complete understanding of various management styles, skills and best practices in order to do well.

    LanguageEnglish
    PublisherIntroBooks
    Release dateFeb 2, 2020
    ISBN9781393293804

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      Book preview

      Top Ideas and Insights on Management - IntroBooks Team

      Top Ideas and Insights on Management

      IntroBooks #660

      http://readintrobooks.com/

      Copyright © 2019 IntroBooks

      All rights reserved.

      Preface

      Management is a relatively new ideology in the world’s history. Factories did not exist before the industrial revolution and businesses were mostly working in geographically limited regions. People who did explore new geographical boundaries were still working as their own managers or leaders taking decisions on their own and basing their business practices from their experiences and those of friends and relatives they knew. Everything from accounting to supervision was generally looked after by the owner directly, and even if the business was big enough to employ accountants and supervisors, the owner was directly managing his employees. As a result, management was limited and the philosophies of management were not explored beyond small or medium business.

      Today, management is more complex and embodies a lot more than just the ideologies of the owner. This is why it is important for a company to have a complete understanding of various management styles, skills and best practices in order to do well.

      Summary

      With the onset of the industrial revolution, organizational hierarchy became more complex and started to include a number of managerial roles. On the turn of the 20th century, management became a commonly used word and organizations started identifying the different job roles suitable for co-ordinating between different departments. With companies beginning to scale quickly and the world starting to get connected easily because of the inventions of new modes of transportation, organizations started working out of more than one country and hence needed people who could properly overlook the smooth running of the business in different countries. During these early times, when industrialization had just been introduced to the world, people who had access to adequate capital were more capable of expanding their business and optimizing

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