managing
Managing is the activity of coordinating people, resources, and processes to achieve defined objectives within an organization or project. It encompasses planning, organizing, leading, and controlling to convert objectives into results. While closely related to leadership, managing emphasizes structure, systems, and accountability.
The concept emerged with early 20th-century theories such as Henri Fayol’s functions of management and Frederick
Core functions: planning sets goals, assesses external and internal conditions, and designs the steps to reach
Key skills include technical knowledge of the work, interpersonal or human skills to manage people, and conceptual
Contextual challenges include rapid technological change, globalization, remote and distributed work, diversity and inclusion, ethics, corporate
Variants of management cover areas such as strategic management, operations management, project management, and financial management.