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Management

Management (or managing) is the administration of an organization, whether it is a business, a not-for-profit organization, or government body. Management includes the activities of setting the strategy of an organization and coordinating the efforts of its employees (or of volunteers) to accomplish its objectives through the application of available resources, such as financial, natural, technological, and human resources. The term "management" may also refer to those people who manage an organization.

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While manager and leader may seem synonymous, this similarity might not always hold true. In this article, the differences between managing and leading are highlighted. This might help managers realize mistakes they might be making in the workplace, such as rewarding coworkers.

Contributed by Sammo Lea

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