1. Functional: Management is design, steering and development of purpose-oriented social systems.

2. Institutional: Management comprises the legitimated organs for the management of institutions.

3. Personal (more specifically): Management comprises the persons entrusted with the management of institutions, therefore members of the organs.

4. Personal (in the broader sense): Management are all executives of an institution, i.e. all persons entrusted with management tasks.

« Back to Glossary Index