"Successful Management Companies: A case study. YEARdecision making process. This way an effective management can be achieved by appropriateexecution of the various factors of management (Collings & G., 2009).The process of effectivemanagement can be depicted as below. (125)Planning EffectiveControlling Organizing management Leading The skills of management:The various skills of management can help the company in successfully managing the businessoperations which could further lead to achievement of targeted goals. The importance of achievementof targeted goals is important as they are the part of the planning process which is meant to help thecompany to sustain and grow in future (Boswell & Olson-Buchanan, 2007).Strategy is among the basic skill of management that helps in framing out policy and procedures forthe company.These strategies are meant to help the company reach the targeted goals by following adefinite set of goals. The strategy may include strategic alliance, increased production capacity,improved labor relations etc (Businessballs, 2014). Successful Management Companies: A case study. YEARDecision making is another important skill of management. The wise decision making can lead thecompany to new heights, while the wrong decisions can prove to be a grave mistake. Decisionmaking therefore requires correct and exact assumption of problem and its proper evaluation. Thedecision should be made on rational decision making and experience so that they are easilyacceptable (Luthan & Peterson, 2001).Ethics is a skill of management that could help the management brings trust and morale in the normalbusiness function. The employees feel motivated and work hard toward achievement of organizationgoals and objectives. Ethics also bring trust in the work environment thereby encouraging teamworkand development in the company (Fray, 2007).Communication is a vital skill of management that could help in proper transfer of information to therequired personnel. The message is conveyed to the concerned department on time. This helps ineffective management and control over the business operations (Upson et al., Feb 2002 Vol 55 Issue1).Leadership is another skill of management that helps in motivating employees by guiding themtowards achievement of certain objectives. These objectives help the organization to achieve longterm sustenance and development in the business functions. Also cordial business relations andpeaceful employer-employee relations can be administered through effective leadership (Gill, 2002).Innovation is a skill of management that is achieved by synergy effect. This effect comes into actionwhen the freedom on thoughts is offered to the employees. Therefore innovations occurs which helpsthe company to achieve various benefits such as improved working conditions, increased productionsystem, declining cost of production etc (Luthan & Peterson, 2001).Creativity is another skill of management that is achieved by healthy and trustworthy employer- employee relation. The employees keep ahead their thoughts on improving the production capacity Successful Management Companies: A case study. YEARand efficiency on one hand. On the other hand the managers support their idea and help them furtherresearch for the purpose of achieving various gains and profits to the company (Yang, 2004).Coaching is a skill of management that helps the employees to get the training and developmentprograms for the purpose of improving their skills. This way the improved skills contribute inbenefitting the company by increasing output and gains in the form of lower rejections and increasedproduction capacity. Moreover coaching helps the employee to gains confidence and learns the actualand most appropriate method of production (Smith, 2014). (481)Positive impact:Apple Company is one of the most successful business organization in the world. It is a multinationalAmerican company that has been designing software and producing electronics products. There areseveral factors that make the apple positive company impact in this era. Firstly, it has the effectivebusiness management and strategies. “Apple management has the knowledgeable skills andcomposed of highly skilled workers to manufacture and producing Android and operating systems forits own manufactured hardware like different series of mobile phones and laptops and tablets”(Apple, 2014). Although offering highest price products in the market and successfully doing itsbusiness in international market and its products demand is increasing every year. This is because ofits effective business management procedures and activities. The management team at Apple has allthe necessary competencies and skills to compete in the market and achieving its organizationalobjectives efficiently and effectively. The other factors to be considered are innovation, technology and motivation of employees. AppleOperations are managed by highly skilled mangers in all management process. Management always "