Self-Management

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Definition: [self ˈmænɪdʒmənt] is the act of administrating finances completing straight by the owner of the finances. It means to take responsibility for one’s condition and well-being. This act excludes using a professional business or money manager while doing all the administrative work with funds. It can be related to investing, or business and mostly this process involve acting in support of one’s account. Self-management is a form of management based on the principle of self-directed processes in work.

Self-Management In a Sentence:

  • The constant success of the company depends on the increasing level of the self-management of its team.
  • Creating a powerful self-management system, remember to make it operated and structural.

Synonyms and related words: personal development, self-sufficiency, self-care.