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Management Principles

MANAGERS

Should have Technology, Expertise and Professionalism.

GOALS                                        S        Specific effect on Output's or Input's

          Measurable                        M       Measurable

          Challenging                        A        Decided personally and agreed with others.

          Realistic                            R        Realistic

                                                   T        Time based

 

1        DATA                      =        RAW FACTS

2        INFORMATION       =        DATA + PROCESS

3        KNOWLEDGE         =        INFORMATION + INTERPRETATION

4        WISDOM                =        KNOWLEDGE + EXPERIENCE

 

All at sea on a hovercraft cruising at:-

55 mph

26 knots

1 metre above the sea.

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