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The main axis of modern management which are usually called (Management Matrix) are as follows:
I- Management process (The Horizontal Axis) :
1- Planning.
2- Organizing.
3- Supervision and following up.
4- Controlling and Correction.
II- Management Institution (The Vertical Axis):
1- Marketing.
2- Financing.
3- Production.
4- Human Resources(HR).
5- Research and Development (R&D).
I don't know about "Axis", but i believe management should include"
• Planning: predicting the future and preparing for it.
• organization: linking activities with its structure for productivity.
• Employment: the selection, training, and development of workforce.
• Leadership: leading and controlling the team or workforce towards objectives.
• Coordination: alignment of activities, and reconciling conflicts.
• Documentation: for business lessons learned and continuity.
In my thoughts its the innovation. in every aspect management should be innovative in modern era.
I would like to see our specialists come up with interesting answers to this! :-)
Thanks
In my opinion, if we take a " Situational Management" as a method of manage , so the modern axis is Knowledge Management inside mentioned Method, and one of the most important pillar of modern management.
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