Why Management Audit #GreatMinds

Management and Strategy Evaluation is an important concept in business. It critically examines the complete management process, namely, the planning, organising, directing, and controlling. It finds out the efficiency of the management by carefully examining the company’s plans, objectives, policies, procedures, personnel relations, and systems of control. Management auditing is conducted by a team of experts. They collect data from past records, members of management, clients, and employees. The data is analysed, and conclusions are drawn about managerial performance and efficiency.

Here’s what Peter Drucker, Austrian-American management consultant, educator, and author, has to say:


Let me know in the comments section.

In this ongoing series #GreatMinds on my blog, I am shining a spotlight on the important ideas that some very successful people keep talking about in their public life.

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