Management
From Open Risk Manual
Definition
Management is both the administration of an organization and the personel performing that function. The term applies to different types of organizations, businesses of various types and sizes,, non-profit organizations, or public sector / government bodies.
Activities
Management activities include:
- articulating the values of an organization
- setting the strategy of an organization and defining its strategic objectives
- coordinating the efforts of employees, volunteers or other participating entities towards achieving the objectives
- allocate available resources, such as financial, natural, technological, and human resources
