All about Management

Management in simple terms is administration and utilization of resources (incl. leading people) to achieve desired results and common goal.

In my purview, the management is all about these pillars (1) Process/Business ; (2) People ; (3) Stakeholder which are controlled and directed by 4th Pillar (Governance)

(1) Managing Business / Process – is about managing and optimising the resources and budget to deliver the expected results

(2) Leading People – Deals with how people work, behave, engage and grow at work

(3) Managing Stakeholder – managing the expectations and requirements of external and internal stakeholders

(4) Governance Management – is ensuring that the process or business is operating accordingly as per guidelines, rules or law.

Time and prioritisation in managing these pillars vary according to the managerial levels.

e.g – An Team leader will allocate 30% of his / her time to managing process; 30% of his / her time to lead people; 20% of his / her time to manage stakeholder; 20% of his / her time for governance.

Everyone has their own way/choice in managing these pillars with help of framework, models, tools and methodology as we don’t have one size fits all.