Management Basics as a topic on my blog is a little absurd to read on an MBA dropout’s page. I was already leading a team of 12 people when I started my MBA and got carried away with technology rather than management sessions. Now I’ve reached a point where I feel I can’t keep running after new tech stacks. It’s time for me to revisit all the skills I had or tried to pursue, to make something out of them. While going back to basics, I’m publishing my notes here.
Terminologies – Question to Ask
Vision – Where are we going as an organisation?
Mission – When are we successful?
Objectives – What must we be moving towards?
Goals – To reach our objectives, what must we do and by when?
Strategies – How will we meet each goal?
Actions – Who will do what, and when will they do it?
Metrics – What do we value that we can measure qualitatively or quantitatively?
Reference: https://ctb.ku.edu/en/table-of-contents/structure/strategic-planning/vmosa/main