One is concerned with the process of management, while the other emphasizes the function of management. The managerial process involves such intuitive principles as planning, organizing, and staffing.

Learn how Henri Fayol’s management theory shaped administrative principles still used by modern businesses. Explore all 14 principles and real-world use.

Originally, there were five management functions, but management book authors have condensed them to four: planning, organizing, leading and controlling. The fifth function was staffing.

To many businessmen who are trying to keep up with management concepts, the literature must sometimes seem more confusing than enlightening. In addition to reflecting differences of opinion and ...

With a proper talent management process, it’s possible for HR teams to streamline the entire employee life cycle. Here’s everything you need to know.

This paper discusses whether for-profit strategic management models can serve as frameworks on which to explain the strategic management process in nonprofit organizations. A review of the literature ...

Principles of Marketing Management. The American Marketing Association defines marketing as "the activity, set of institutions and processes for creating, communicating, delivering and exchanging ...