Management || Pharmaceutical Management & Marketing Nadeem Irfan Bukhari part 3

Management Pharmaceutical Management & Marketing Nadeem Irfan Bukhari part 3

Management is the administration of organizations, whether they are a business, a nonprofit organization, or a government body. It is the art and science of managing resources of the business.

Pharmaceutical management and marketing by Dr Nadeem Irfaan Bukhari
Styles of management:
1. Captain of industry styles (predated to 1884)
2. Hard-nose style (mid 1910s to 1930s)
3. Human relations style (1940s to early 1950s)
4. Management by pressure style (early 1950s to mids 1960s)
5. Management by objective style ( beginning in the mid 1960):

Merits of MBO
Implementation of MBO
Goal setting
Formulation of action plan
Determination of means to measure the results
Measuring results against goals
Modification in goals / criteria
Annual review of results

Features of various management styles



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