Write a short note on management as an integrating activity
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Answer:
Integrated Management is a process for developing a business model that encompasses not only the financial priorities of an enterprise but includes measurements for an enterprise's environmental, social and governance (ESG) performance. The applications of Integrated Management are limitless, as any organization – public, private and non-profit alike – can leverage the process of integrating ESG data into their annual reports, functional roles and decision, and though this integration find new opportunities for improvement, expansion and value creation.
There are many definitions for integrated management that you'll find below, but the common theme is a holistic, cross-functional management approach that brings to light the connectivity between humans, the economy and the environment. There is a growing trend towards the integrated approach that is being put into practice in organizations around the world. This trend is also growing in business schools and management training programs as a way to ensure that the next generation of managers is equipped to capitalize on the opportunities that are revealed through an integrated approach. This approach promotes creative thinking in students and provides them with the opportunity to learn how to leverage ESG data to optimize performance in any industry.
Management as an integrating activity
Management is the process of controlling processes and events. It mainly deals with streamlining the major events and executing them with proper coordination.
Management integrates all the processes and streamlines them. Without proper management, all systems of the world will go to waste due to loss of efficiency .Thus, effective management brings a integrating role with it. It is very important in the present scenario.