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.