Widely regarded as one of the most influential management experts in the early days of classical management theory, Mary Parker Follett developed foundational concepts that redefine how organizations ...

This represents a waterfall type of approach to project planning, where one phase flows into the other. It works well for certain industries such as construction and manufacturing, but it is less ...

Financial management is a process that enables a business to plan, direct, organize, monitor and control its current and future financial resources and events. It involves applying the basic ...

Max Weber, a German sociologist, believed bureaucracy was the most efficient way to run both private businesses and public institutions. His ideas shaped how many businesses and government agencies ...

Most people think property management is about fixing broken toilets and collecting rent. But for professionals who want to build trust, value, and long-term impact, it’s much more than that. Great ...

Peter Drucker was an influential Austrian-American author, mentor and consultant many consider the father of modern business management. His innovative thinking revolutionized business theory and ...

A version of this article appeared in the Autumn 2016 issue of strategy+business. Most companies have leaders with the strong operational skills needed to maintain the status quo. But they face a ...