2.9.2 Transferability of Management Transferability of management means that the ability or skill of management is transferable from one organization, industry, country or other job field to another. It also implies that managerial skills are transferable from one type of organization to another. Management is abroad and intrinsic aspect of business. The basic aspects of management, which is, planning, organizing, staffing, directing, and coordinating, transcend all cultural and organizational boundaries. All management practices can be applied and practiced everywhere in the world regardless of the nature of the job, differences in customs, habits and social laws. A manager should expect to experience a few problems when transferring a management system from one industry to another, from the military to business, from business (private sector or company) to government (public sector or company, from education to business, or from one department to another within the same organization. This is especially because there are fundamental differences in the manner in which managerial activities are carried out. The universality of management and the transferability of management systems work hand in hand. One with management skills can do a job almost anywhere due to the universality of management. A management system from one organization, industry or country can be adopted in another due to the universality of management. Management is a universal process and its skills and understanding are transferable from one company to another and from one culture to another. Transferability of these skills are very important and that is one of the reasons why western countries are improving rapidly and covering the world market with
69 their skills. Another reason is that the transferability of management is occurring because it is needed and can be used everywhere. 2.9 Measures of Managerial Performance Productivity, Effectiveness and Efficiency