Business Management

Nowadays, it is increasingly understood that the success of the

Companies are due to the existence of good management. The current transformations
the environment leads organizations to improve their managerial levels,
characterized by processes of planning, execution, control, evaluation, and the use of
modern management tools. On the other hand, according to the Royal Spanish Academy
Quote the meaning of the word direction as the 'Action and effect of directing' not
despite this word relates to different meanings, it places that it is a
Advice, teaching, and precepts with which someone is guided. Just as it is a
Group of people responsible for managing a company, an establishment, a
exploitation, etc." Each of these meanings can refer to directing towards an end.
proposed or the work of someone who controls, supervises, indicates, plans, and orders a task
to achieve a result to which it is directed.

This paper is an essay that aims to present the way

in which direction has existed in the life of the human being leading him to obtain day by day
characteristics or qualities of a leader that will allow them to support an organization
to meet the established objectives. For all the above, the role of the
Administrators or managers are of utmost importance as they are the ones responsible for
making things happen, whether good or bad, it is important to point out that without a good
planning, organization, direction and control, companies cannot function
successfully and achieve the proposed goals and objectives.

Through the study of the direction or management of an organization, it implies the

investigation into a series of various variables, as we are facing a
integrated system. In this sense, the research addresses the following aspects as
the business management, the functions and powers that comprise the work of the
management such as planning, allocation, or coordination of resources, as well as the
address and foster good relationships in the company and control that everything
it is specified that it should be fulfilled; it also mentions the profile that the manager must assume or

director as a leader, the arduous task of managers in Venezuelan organizations in

a changing scenario and finally The New Role of Business Management
by Peter F. Drucker in his article published in Harvard Business where he makes
mention of Business Management as Social Responsibility.

Business management focuses its activities on leadership,

leadership and the management of the efforts of a group of individuals, this is a process
continuous, which consists of managing the various productive resources of the company, with
the purpose of achieving the set objectives with the greatest possible efficiency. Without
Depending on the size of the company, management may be exercised by one
one person or several distributed at different levels but to define and
To correctly structure the work of a manager, we must be clear about their functions.
and its powers, these can be divided into several aspects.

The first function is planning, the manager must determine what is going to be
to do, must make decisions aimed at setting the objectives
business, must establish the policies, the strategies, the methods and
procedures to achieve them. It should also be responsible for the organization of the
company, group the necessary activities to develop the strategies
business, define the structure of the company and the relationships between each one of the
parts of that structure.

On the other hand, it must assign and coordinate the resources it has available such as the
economic resources, human resources, infrastructure, machinery and equipment, among others
others. The correct distribution of these to each part of that organization as well as the
future investments to be made. It will also be responsible for directing and promoting good
relationships between all elements of the company, avoiding and mediating in those
problems that may arise in daily coexistence. Finally, it must take care of
to ensure that the established guidelines are being followed in all areas
previous ones. Given such a number of functions and the issues with some of them, the
The director must outline a roadmap and structure both the actions to be taken in each
case like the way to put them into practice; the style of its direction and its own
behavior guidelines that serve to implement effectively your
own strategy and that of the company.

The efficient management of the company depends on the skills of the

people who are under their charge, this leads to the selection of an excellent administrator
in the organization, as it is responsible for managing all business resources and
in the short term, it will provide the tools for decision-making for the
management.

One of the issues that worries executives and upper management the most is the
the achievement of suitable personnel capable of managing their companies, due to the fact that

find trustworthy people who have a good handling of structures

administrative tasks are quite complicated. A good administrator must provide them with
the shareholders of the company have full assurance of organizational knowledge and of
how to develop financial management aimed at decision making that involves
the optimal generation of wealth for the company.

In front of financial administration and its management, the person in charge must provide

all the tools to carry out the fundamental operations of the company in front
to control, in investments, in the effectiveness in resource management, in the
achievement of new funding sources, in maintaining effectiveness and efficiency
operational and administrative, in the reliability of financial information, in the
compliance with applicable laws and regulations, but above all in decision-making
decisions, which represent the essence of the manager's work. In today's society that
in addition to being complex, it is marked by continuous innovation and global competition,
the manager must be able to handle the seemingly contradictory and the diverse, more
what to decide about dilemmas that are presented to him and he must make a decision which
you can change and take risks, you have to seek balances between forces that seem in
conflict, solve them and know how to be a leader. For this, mastery of the leader's thinking,
estratégico y sistémico resulta esencial ya que permite solucionar los problemas en la
appropriate time dimension, with a long-term vision; as well as
it allows to provide the inclusive, global perspective that is so necessary for
properly address the issues. Managers must address this perspective.
taking into consideration that contemporary society is paradoxical and diverse, they are
unstable and change their minds daily. Companies as part of this diversity
They must internalize and adjust their values and policies to what society feels and desires.
and waiting for them, they must give their potential clients exactly what they demand in a
balance of interests that prevent falling into the error of satisfying only one of them.

In this context, the company must strive to align with the values
imperative social factors, and this is precisely the reason why managers must
to lead by placing values at the center, that is, leading by values.
Ultimately, a good director must be an excellent leader who has the ability to
influence the behavior of others, encouraging them to have trust and respect for him
and I encouraged them to work with enthusiasm and the best mood. Additionally, we have to
understand that leadership is an important issue for managers due to the role that
leaders play with a group or an organization.

Marín (1997) identifies some profiles of the leader that generally fulfill
functions of effort aggregator, vision integrator, and animator of the
internal processes of the organization as considered, facilitator of the task,
communicative, employee-oriented, production-oriented, task-motivated
motivated towards interpersonal relationships, participative, persuasive, able to delegate and be
negotiator.

On the other hand, Hope and Hope assign other roles to business leaders.
determined by how visionary or democratic they are. "Great leaders
businesspeople are either visionary or democratic. The visionary type sees the future
in a way that others cannot see. They anticipate how they will evolve
markets and implement the mechanisms of their organization accordingly.
The democratic leader knows that he does not have a monopoly on wisdom, which is why he delegates the

strategic thinking to the front line and build organizations that promote
and encourage serious inquiry and creative discussion. In this way, not only do they
they benefit from the knowledge of people who know what is happening in the industry,
but also develop commitment to success.

It is important to point out that for managers of Venezuelan organizations

to carry out a successful business activity in such an unstable economic environment
and in social terms, it is a feat that requires much more demanding conditions than in
other more stable environments. Management is situated in a changing scenario, due to the
economic, technological, and social transformations that have led to a process
search for new management and administration tools that allow for a
response of efficiency and high productivity to the new challenges that the environment
advertisement. For the researcher of Venezuelan management Moisés Naim (1989), the topic
management became more important starting from the economic crisis of the years
eighty, forcing public and private organizations to make great efforts to
adopt changes in style and managerial approach through a process of questioning
business.

Peter F. Drucker in his article published in Harvard Business mentions

The New Role of Business Management, based on the assumptions that ...
Throughout time, they have formed the foundations for the theory and practice of Management.

Business.

In these assumptions throughout history, we talk about Business Management.

as Social Responsibility, in innovation, in productive manual work, as
science, as a result of economic development, on the quality of life and in the
productive knowledge. All these factors have been over time
fundamentals in the construction of Business Management. When talking about
Social Responsibility must be analyzed how the Company regardless of its activity
economic, is performing its role with the consuming society, which
previously it was only delegated to trading companies.

Innovation has always been and will always be a main topic in the activities of the
companies, the executives of a company are obliged to remain in the
vanguard of new inventions, as the demands are increasing more each day.
from the consumers. These same demands make the guidelines of a company
they are required to have a productive knowledge applied in quality, seeing themselves
this reflected in the development of their activities, for this to be real, this person
she must be sure of what her capabilities are, in which job she can perform
mejor y de esta forma definir para que trabajo tiene vocación. La Calidad de Vida es un
point at which every director or manager in charge must focus its real importance, not only
thinking about the consumer client, but also about the employee.
 To conclude, the manager will have to be a new manager, incorporating functions.
additional to their responsibility, such as leadership skills, teamwork in
team, communication, and a strategic vision which will result in a
effective direction that programs, leads, supervises, evaluates tasks, undertakes new ones
activities and stays in tune with the transformations of its environment is why
that all this depends on the skills that he himself possesses and on the people who
they are in charge.

It is also evident that management is an element of

the administration in which the effective realization of everything planned is achieved, by
means of the authority of the administrator exercised based on decisions, whether
taken directly or delegating that authority, simultaneously monitoring that it
fulfill in the appropriate manner all orders issued. It is to ensure that everyone
group members aim to achieve the objective; according to the plans and the
organization, made by the administrative chief. As well as the execution of the
plans according to the organizational structure, through the guidelines of the efforts
from the social group through motivation, communication, and supervision.

Where there is a successful company, someone made a decision at some point.

brave. Peter Ferdinand Drucker.
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