Poznań, Poland

Strategic Time Management and Business Effectiveness

Strategiczne zarządzanie czasem i efektywnością biznesową

Table of contents

⇑Strategic Time Management and Business Effectiveness at UEP

Language: Polish Studies in Polish
Subject area: economy and administration
University website: ue.poznan.pl/en

⇑Definitions and quotes

Business
Business is the activity of making one's living or making money by producing or buying and selling goods or services. Simply put, it is "any activity or enterprise entered into for profit. It does not mean it is a company, a corporation, partnership, or have any such formal organization, but it can range from a street peddler to General Motors." The term is also often used colloquially (but not by lawyers or public officials) to refer to a company, but this article will not deal with that sense of the word.
Management
Management (or managing) is the administration of an organization, whether it is a business, a not-for-profit organization, or government body. Management includes the activities of setting the strategy of an organization and coordinating the efforts of its employees (or of volunteers) to accomplish its objectives through the application of available resources, such as financial, natural, technological, and human resources. The term "management" may also refer to those people who manage an organization.
Time
Time is the indefinite continued progress of existence and events that occur in apparently irreversible succession from the past through the present to the future. Time is a component quantity of various measurements used to sequence events, to compare the duration of events or the intervals between them, and to quantify rates of change of quantities in material reality or in the conscious experience. Time is often referred to as a fourth dimension, along with three spatial dimensions.
Time
There was once a time when the life of men resembled that of beasts. They dwelt in mountain caves and dark ravines, for as yet there was no roofed house nor broad city fortified with stone towers. Nor did the curved ploughs cleave the black clod, nurse of the grain, nor the busy iron tend the fruitful rows of bacchic vines, but earth was barren. In mutual slaughter they dined on food of flesh. But when time, begetter and nurturer of all things, wrought a change in mortal life—whether of the solicitude of Prometheus, or from necessity, or by long experience, offering nature itself as teacher—then was discovered holy Demeter's gift, the nourishment of cultivated grain, and the sweet fount of Bacchus. The earth, once barren, began to be ploughed by yoked oxen, towered cities arose, men built sheltering homes and turned their lives from savage ways to civilized. From this time they made it a law to bury the dead or give unburied bodies their portion of dust, leaving no visible reminder of their former impious feasts.
Moschion (ca. 3rd century BC) as quoted by W. K. C. Guthrie, A History of Greek Philosophy Vol. 3, "The Fifth Century Enlightenment" (1971) from an unknown play "in the spirit of the late fifth of fourth century BC."
Management
Poorly managed corporations, disorganized businesses, and badly led service agencies experience crisis daily and most will eventually fail. In contrast, the danger is to well organized, smooth running institutions that may not recognize a building crisis. Too often, sound organizations rely on their normal modus operandi to pull them through a crisis. It might. But at what cost? And what if it does not pull them through?
Wheeler L. Baker, Crisis Management: A Model for Managers (1993), p. 6
Time
Minutes, hours, days, months, and years,
Pass'd over to the end they were created,
Would bring white hairs unto a quiet grave.
Ah, what a life were this!
William Shakespeare, Henry VI, Part III (c. 1591), Act II, scene 5, line 35

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