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Showing posts from 2016

The Management 'Before Christ' : Probably the Dark Matter in Universe of Management

Everything we do has Management. As it seems, the management is not defined clearly. George Terry says in his famous book, Principles of Management, that there has not been a clear definition of Management, because management is related to human beings and whatever is connected with humans has a degree of uncertainty and hence cannot be defined clearly. But overall management can be considered to be consisting of Planning,Organizing, Coordinating, Motivating and Controlling. Whatever may be the definition, management has been employed since way back in history. Sumerians who lived around 5000 BC taught us the technique of Record Keeping. Huge pyramids were built between 4000 BC to 2000 BC. Nearly 1,00,000 laborers were employed to build those. Deciding the architecture, dividing the labor, allocating the resources and checking the completed work, what else was all this if not Management. Later, Babylonians (between 2000 BC to 1700 BC) gave us the concept of setting the Targets and

Put a Shark in the Tank

(Yes, it is Story Time. The last time I told a story was when I was in school. It gives me pleasure to share a good story with you. I hope you would like it) Somewhere in the 19th Century, all of a sudden, popularity of a certain type of fish reached a booming high in Japan. People of Japan had gone mad for this fish type and were devouring it like nothing before. All of the fishermen were busy collecting this variety of fish from sea and getting it to the local markets.  Initially, a considerable quantity of fish was available in the coastal region and hence it was not difficult to get a high yield of the fish, which were also fresh. But as we all humans are, people of Japan kept on consuming the fish and soon there was acute shortage of fish near coastal regions. Fishermen had to go further inside the sea in order to collect the fish. Being fishermen of early 19th century, they didn't have access to Refrigeration Techniques and hence by the time fishermen came back from t