Management Compass - A Values of Measurement

Sometime back I have expressed my views reading as under Whatever the nature of Management compass in our present age every management has to formulate the policy which can be viewed by the clients ,by the shareholders & also correlates with the reputation & culture in the business environment .

With this management has to create & impression both within & outside that Honesty is best policy even in the management groups. Management has to involve with well many employee of various areas including the man labor working force .

In this line all the members must feel that they are not merely an employees of organization but are the family group of the management .

By creating this environment company has already created his image in the respectable line .However it is not only enough that management has to offer the training to the deserving employees right from the labor force to the higher office areas not only within the range of training center of company but view to the competition in the business line , the employees if necessary should be send to the various management institute for the training program .

This may also help them to offer their initiative interest & to keep their concentration only with this company instead of thinking of joining another group for the employment. 

Another important line for the management is for the development of human relation in the organization . This may help to avoid any misunderstanding among employees & where the relation within the department gets disturb human relation may play a very important part .

In the above light , management has created a cultural environment within the company , which has also an effect ,for the competitive groups where the employees of every level work with the team & also creating a team spirit to make the growth & the development of the company in a respectable position & this is the way for the cultural formation for the Management .

With this it is very clear that Management formation tune with management compass so that every areas of activities can be measured in an accurate manner .

This is necessary that in our present century we live in competitive age &  because of innovation & competition remains unrestricted & as such management have certainly to move with the time watch.

Time watch is very much essential in the management compass in order to view the performance of the management working of the organization ,production flow in the line with requirement of the  raw material for the completion of finish product ,& review of the financial planning in the line with the earlier preparation of the revenue & capital budgetary control.

With this planning performance of the company organization periodic meeting with the management to be organized & at the first rate to be compared the review of earlier meeting & to view the performance in this line . 

With this the meeting to be carried out where considering the overall opinion & review of the function of the various managerial team just as Planning, Production, Quality control, both financial performance & performance of personnel ,planning for the views to be imparted by personal department.