Our understanding is:
We see Right and Good Management as the social function, which enables the organizations and systems of a society to function properly.
» Management is the moving force wherever many people can only reach common objectives by sharing work and knowledge.
» Management is the organ of leadership in all our social institutions – in business enterprises as well as universities, hospitals, cities and all other organizations.
» Management has to give direction to the institution it guides. It has to think through the mission of the institution and adjust its objectives accordingly. And it must organize resources for the results the institution has to achieve.
This wholistic understanding of management also includes the enabling of people to contribute to the right functioning of their organizations. Management understood in this way creates purpose, orientation, structure and performance. Thereby, it also achieves political and societal responsibility and ethics. Only by means of right management the resources of a society will be transformed effectively into useful results and value.