Of course, an intimate and perceptive comprehension of his own organization is the touchstone for maximum beneficial results. Management, in the last analysis, is intangible. It is compounded of knowledge, intelligence, communication, emotional maturity, courage and the willingness to accept responsibility, and the view that accepts every problem as a challenge and opportunity. Good management is not easily recognized whereas poor management is noticeable by the most unsophisticated. Mismanagement will affect the success of an enterprise much more than most other errors.
Management is hard work.
It means seeking out problems and facing up to trouble. It means the agony of deciding between mutually exclusive alternatives. It means constant study of your undertaking and of the dynamic science of management and its techniques. It means constant development of the manager's persuasive ability, his leadership qualities, his poise, his congeniality. It is never-ending.