An Organization Of The United States

Management differs today than it did in the past. In the past, managers were considered “bosses” and their job mostly consisted of giving employees orders, monitoring performance and reprimanding unproductive behavior and misconduct. Many managers still manage employees in such fashion; however, some managers now tend to be more proactive and have changed managerial functions for the betterment of company operations and performance to accomplish organizational goals. Effective management for company success now entails guiding, training, supporting, motivating and coaching employees verses just demanding what

To be efficient and effective in management, certain tasks must be performed by all managers. Managers must be able to plan, organize, lead, and control. Manager’s tasks are important no matter the level of the manager. Managers must be able to use and improve these skills depending on their position within the organization.

2008 was the year that the US economy faced its largest challenge since the Great Depression. In fact, the

2007-2009 in America has often been described as the worst economic crisis since the Great Depression in 1929. There was lots of debate whether the economy was slipping back to double dip recession but there is considerable evidence that the economic crisis in 2008 is worse than the crisis in 1930s. I will examine the cause of depression in 1930s and the relationship between the Great Depression and the Great Recession in 2008 comparing their similarities and differences of their facts and various aspects of America.

History helped to recognize the parallels between these eras and learn from them. The crisis of 2008 was not nearly as bad as the Great Depression, but like the Depression consumers lost trust in the market and were afraid to invest in the economy. The Housing Crash catastrophe, like the Great Depression contributed to the failure of banking institutions and led to high unemployment rates. Unlike the Great Depression, the crisis of 2008 was supported by more than a dozen economic stimulus packages provided by the federal government to jumpstart the economy. The federal government stepped in to bailout the banking institutions to avoid another Great Depression. It is important to look back on the history of these two national devastations and learn from their mistakes so we can be better prepared for future economic downfalls in the

In the early 1930s, the Great Depression devastated millions of Americans. There were 13 to 15 million people unemployed and half of the banks failed. With the unemployment rate so high, the U.S government was incapable of doing any significance for the country. Investors lost their savings and capital on new companies. The American economy was threatened by no innovation or productivity to increase economic growth. Until the United States entered World War I, which the American economy started booming. Manufacturing companies were able to come back alive and strong because of the war. Then America was booming until the the crash of 2008. In 2008, the economy had a similar depression state like in the 1930s. The unemployment rate skyrocketed

The Great Recession was best known during the late President Bush into Obama era. Great Recession defined as; the economic slump began when the U.S. housing market went from boom to bust and large amounts of mortgage-backed securities and derivatives lost significant value (Investopedia.com). As the housing market was crashing, houses and business buildings have become vacant which the per capita rate for many cities dropped. The issue forced gas prices and goods to increase to make up for the loss per capita rate percentage. The economy doesn’t see the big picture when prices rise and interest decreases, hurting, value and profits within businesses throughout country continue bringing down markets. Take Johnstown Pennsylvania for example; the city was known for the leading steel manufacturing companies. With the market declining with facts from 2000-2010 census data, Johnstown Pennsylvania has lost over 5 % of

Management differs today than it did in the past. In the past, managers were considered “bosses” and their job mostly consisted of giving employees orders, monitoring performance and reprimanding unproductive behavior and misconduct. Many managers still manage employees in such fashion; however, some managers now tend to be more proactive and have changed managerial functions for the betterment of company operations and performance to accomplish organizational goals. Effective management for company success now entails guiding, training, supporting, motivating and coaching employees verses

The world of business has undergone radical and dramatic changes in the last decade changes that present extraordinary challenges for the contemporary manager. A manager is an organizational member who is responsible for planning, organizing, leading, and controlling the activities of the organization so that the goals can be achieved. According to a widely referenced study by Henry Mintzberg, managers serve three primary roles: interpersonal, informational, and decision-making. Management is process of administrating and coordinating resources effectively and efficiently in an effort to achieve the goals of the organization.

Here the management role is most important as they are accountable for motivating and keeping the employees satisfied to work as a team for attaining common objective of the organisation. From Unitarist approach, managers are the mediator for employees and works for an effective outcome in order to produce positive result for the employees and organisation as a whole (Bakker & Schaufeli 2008; Teicher

Management involves the tactical aspect of day to day functions and who keeps control of the work environment to make sure the organization is moving forward and in the same direction of the company’s vision. Managers are faced with many responsibilities each day, one of which is managing people. The goal of a successful manager is to achieve the highest productivity of the organization by way of the people he/she manages. A manager is more of a problem solver and takes care of work areas relating to people management, time management, decision making etc.

A manager must recognize the employees with knowledge and skills and encourage them to use their abilities. Organization and managers should recognize their successful business which this success depends on human capital and

They are required to maintain a proper work environment and promote optimal performance from the employees. Plus the individual should be driven and should always strive to ensure the company grows continuously. Key employee retention and quality work culture are also what individuals applying for the manager post need to carry out.

Managers are expected to do a multitude of things. A manager has to be a visionary and adaptive to meet the current demands of what is required of them at all level

“Management” refers to the individuals who set the strategy of the organization and direction the endeavors of employees to fulfill objectives by using available human, financial and other resources efficiently and effectively. For an organization to be successful, the major role is played by the board of advisors.