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Related Experiment Videos

Tools for the practice manager.

M Cohen1

  • 1MIIX Healthcare Group, Lawrenceville NJ, USA.

New Jersey Medicine : the Journal of the Medical Society of New Jersey
|January 27, 2000
PubMed
Summary
This summary is machine-generated.

Effective management requires efficient resource allocation and performance monitoring. Managers must set standards and address deviations to achieve organizational goals.

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Area of Science:

  • Management Science
  • Organizational Behavior

Background:

  • Organizational success hinges on the efficient and effective utilization of financial and human resources.
  • Strategic planning and performance measurement are critical components of managerial responsibility.

Purpose of the Study:

  • To outline the essential functions of management in resource allocation and objective achievement.
  • To emphasize the importance of planning, standard-setting, and corrective actions in management.

Main Methods:

  • Conceptual analysis of management principles.
  • Review of organizational objectives and resource management.

Main Results:

  • Efficient resource management is achieved through strategic planning and performance standards.

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  • Correcting deviations from plans and standards is crucial for effective goal attainment.

    • Conclusions:

    • Management's core role involves optimizing resource use and achieving objectives.
    • Proactive planning and adaptive control mechanisms are vital for organizational performance.