Date of blog creation September 2008. This blog is a result of collective creative work of the group of experts in the realm of management. Departing point for the blog creation was the understanding the web contains multitude of inadequate information concerning quite a number of major management and marketing issues. Due to this miscomprehension, all users hereof are hostages of unsound solutions. Besides, there is lack of fresh and original articles, which would reflect modern and advanced trends.

The main objective of our blog is provision of unique, current, and interesting information within a certain range of management aspects. It is important to realize that valuable information proved by fundamental business practice should be made available to society. Therefore, if we take possession of any valuable business materials, it will be our pleasure to share them with you. If our blog indirectly or directly helps anybody in making correct managerial decision or stimulates deeper analysis of own activity, we will consider our mission righteous, since knowledge exchange leads to increase of added value for society.

General principles of management in living nature, society, and engineering are the subject of cybernetics. System of knowledge about production management is formed on the basis of various sciences. There are sections connected with production management in political economy, law, psychology and many other scientific disciplines. A number of concrete scientific disciplines are meant specifically for studies of certain management functions: planning, accounting, decision-making, data processing etc., with generalization of practical experience, working out more perfect forms and methods for the purpose of enhancing administering efficacy. In this connection, quantitative methods and models of decision-making assume ever greater importance. You cannot imagine modern production management without computers.

Production management of whatever level is a complicated process. Beyond the company, a business manager should constantly fight for the market share, forecast requirements of clients, provide for observing precise delivery terms, release products of higher quality, set prices considering competing conditions, and take care in every possible way of supporting corporate reputation among consumers. Within a company, he is obliged to achieve the rise of labor productivity by planning optimization, more effective organization and automation of production processes. At the same time, he should consider requirements of trade-unions, keep competent positions at the market, guarantee dividends to shareholders on the trust promoting level, and keep retained earnings in volume sufficient for the company growth. An important task of management is association, integration of all views and aspects of activity of the entity and sections hereof, their private purposes, to achieve general objective of this particular system.