What do you mean by Management Being an exceptional Manager

What do you mean by Management? Being an exceptional Manager what are the seven challenges you might face.

Solution

Management means management of all resources efficiently and effectively to accomplish the organizational goals.

The organization and coordination of the activities of a business in order to achieve defined objectives.

Management is often included as a factor of production along with machines, materials, and money.

According to the management guru Peter Drucker (1909-2005), the basic task of management includes both marketing and innovation.

Management consists of the interlocking functions of creating corporate policy and organizing, planning, controlling, and directing an organization\'s resources in order to achieve the objectives of an organization.

Seven Challenges faced by a Manager

1. Achieving a Stretch Goal                      
2. Bringing Out the Best in Your Employees

3. Dealing with Underperforming Employees                                                        

4. Dealing with Outstanding Employees                                  

5. Hiring the Right People           

6. Responding to a Crisis

7. Continuous Improvement