Wilson I. B. Essien Ph.d.

Managerial Hand Book Wilson I. B. Essien Ph.d.

Good management does not mean making the most profits and being at odds with the regulators, employees, and anybody else; good management is a total package, even if that cuts into the profit margin. A total-package management style ensures limited but long-term profitability. A total-package management style includes employee participation in the decision-making process, being in good standing with the regulators, knowing the target market, etc. Those are parts of the company?s bottom line. In short, a total-package management style includes management within the law, keeping employees happy, and customers loyal and satisfied.