What is management? How to understand it?

Management refers to the process of effective decision-making, planning, organizing, leading and controlling the human, material, financial and information resources owned by an organization by means of planning, organizing, commanding, coordinating, controlling and innovating under specific environmental conditions, so as to achieve the established organizational goals efficiently.

Management refers to the process of optimizing the allocation of biological, abiotic, capital, information, energy and other resource elements owned by the system by means of planning, organization, command, coordination, control and feedback under specific time and space conditions, and realizing the objectives of biological logistics, abiotic logistics, capital flow, information flow and energy flow required by the established system.

Management can be divided into a variety of management, such as administrative management, social management, industrial and commercial enterprise management, human resource management, information management and so on. In the modern market economy, the management of industrial and commercial enterprises is the most common. Every organization needs to manage its affairs, assets, people, equipment and other resources. Everyone also needs management, such as managing their daily life and diet, time, health, mood, study, occupation, wealth, interpersonal relationships, social activities, mental outlook (that is, dressing up) and so on. Enterprise management can be divided into several branches: human resource management, financial management, production management, material control management, marketing management, cost management, research and development management and so on. In enterprise system management, it can be divided into enterprise strategy, business model, business process, enterprise structure, enterprise system, enterprise culture and other system management.

(Reference:

Management-Baidu Encyclopedia)