Basic Management Skills Basic Management skills start with planning of activity. This is followed by organizing resources. After organizing resources, it is necessary to provide required leadership. This is followed by coordination of activities for smooth operations. And finally, there should be some monitoring and control of the entire activity. Any business enterprise is established for earning profits. The planning stage is about which activity would fetch decent profits and selecting the type of activity that is most appropriate. Resources include cash, machinery, and manpower. Successful management skills include the ability to anticipate snags, and have contingency plans or alternatives for overcoming such unforeseen events. It is important to get the cooperation of the work-force to achieve the objective of the business. This means each and every team member has to be oriented towards the common goal. There has to be a leader who would be able to guide and m...
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