Business Management 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.
The concept of management within an organization typically occurs in an
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Controlling is monitoring the performance of the organization, identifying deviations between planned and actual results, and taking corrective action when necessary. With all these four functions that are involved in the process of management, if all are followed correctly the organization will be properly ran and will have few complications.
In every organization there are managers, and every manager is classed on different levels in terms of the skills they need and the activities they are involved in. Managers exist at various levels in the organization hierarchy. A small organization may have one layer of management, where as a large organization may have several. In most organizations there are three level of managers. The three level of managers are, first line manager, middle manager, and finally the top-level manager. Managers at different job levels have different job responsibilities and therefor require different skills.
First-line managers supervise the individuals who are directly responsible for producing the organization’s product or delivering its service. They carry titles such as production supervisor, line manager, section chief, or account manager. First-line managers along with all the other managers are involved in three skills conceptual, human, and technical. In each three different levels of management, each one of these
Top-level managers are responsible for controlling and evaluating the entire organization. Middle-level managers are responsible for implementing the organizational plans which set by the top management officals. The middle managers act as a link between top-level management and low-level management. Low-level managers focus on controlling and directing. They supervise the employees on their work. Top-level managers include the board of directors, president, vice-president, and CEO. They are responsible for setting goals, strategic plans, company policies, and make decisions for the entire organisation. In addition, top-level managers play an important role in utilizing the outside resources. Top-level managers are accountable to the shareholders and general public. Middle level management includes General managers, branch managers, and department managers. They are accountable to the top management for the effective function of each
Control is typically last in the list of management functions and follows planmng, organi7ing, staffing, and directing. In many ways, controlling is the most important, but it cannot occur until the results of the first four have been implemented. Managers control to ensure that the expected results actually occur after a structure or task is integrated with technology or people. Control depends on information conveyed to managers who continuously monitor sensors to ensure that ind1\ 1dual work results are effective and desirable and that organization objective are accomplished within resource con traints. The management model in Figure 5.8 reflects these relationships. Control allows managers
Manager is a person who is responsible for taking care of all the activities is a scenario & to make sure whatever work is assigned is carried out in a controlled & productive manner. He takes care that the people who are assigned under him are carrying out their duties in a proper manner & working productively towards their goal. Managers can be formal or informal. They can exist in
For a business to succeed there are lots of things and people required but among the most important people needed, the managers are the most essential and can make a difference between losing money and making profit. Cieślińska describes a manager as “a person who fulfills the primordial managerial functions (planning, organizing, motivating and controlling) and is the superior of given human team” (2007). There are managers at various different levels in a hierarchy, some are in top-management, others in middle-management and many more are in first-line management (Cieślińska, 2007). To discuss managers within functional areas of a business is to discuss managers in
Organizations have many types of employees. Some employees work on work on specific tasks and are not accountable for anyone but themselves. The work, they do is supervised by a manager, who is overseen by another supervisor or manager and this continues on until one reaches the top level of management. A manager in an organization is a supervisor who oversees and directs the work of their employees in the organization. The three core levels of management include, but are not limited to top level management, middle management, and first level management (Daft, 2014). This essay will cover the different types of management positions that each type of manager holds, and accountabilities of each level of management.
In large organisations there usually are a number of levels where management exists. However commonly there are three levels. These are top, middle and first line managers.
The managers are the most important people for the guidance and direction of the company, from the first to the top-level.
The various levels of management include the following; corporate level managers who are responsible for overseeing the development of strategies for the whole company, the also provide a link between those individuals who are concerned with the strategic development of the company and the stakeholders, they also make sure that the business strategies that are conducted by the enterprise are consistent and there is a growth of profitability. There are also functional level mangers that are responsible for certain functions of business, they are also responsible for developing functional strategies so that they can be in a better position of fulfilling the strategic objectives that are set by the corporate and business level managers, they are also responsible for
Management is the organization and coordination of a business’s activities in order to achieve the defined goals (“Management”). The person who is in charge of the management of a business is called a manager, and a manager’s job is to “directly supervise, support, and help activate work efforts to achieve the performance goals of individuals, teams, or even an organization as a whole” (Schermerhorn, 2014, Takeaway 1.1, para. 3). To someone who is not knowledgeable in the field, managers seem to have an easy job. In reality, how a manager do their job can affect the people working under them and also the company on a larger scale. Some people are born with great management skills and they are able to do the job naturally. But management
The controlling function of management is one of “monitoring performance and implementing the necessary changes” as stated by Bateman-Snell (2009).
The top management will be skilled in leadership and have experience in management. We want our top management to be confident in the decisions they make. They will ultimately be responsible for leading through setting goals and expectations. Our middle management team will be comprised of people who are servant leaders. Essentially our management team will always want to put the employees before themselves, always being there for them and serving them in anyway possible.
Instituting management controls to insure replicability of operations once we decide to expand. This applies to product control and to financial
Rocco Rapini, owner of Decorative Interiors Inc (DI), aged 47 years has suffered an unexpected heart attack on 8th July, 2006 and is advised by doctors to reduce stress significantly in daily routine. This has forced him to take an appropriate decision about his business. He is in a dilemma and not able to decide which course of action will be beneficial both for his business as well as his health. Keeping this in mind, he has hired the services of a management consultant to help him take a decision on how to proceed.
Categories of organisation: legal structure; type eg private company, public company, government, voluntary organisation, co-operative, charitable; sector (primary, secondary tertiary)
Top managers are going to be the Board of Directors (BOD) and the Chief Executive Officer (CEO). Chief Executive Officers are also known as General Managers (GM). They determine the objectives, policies and plans of the organization. They prepare long term plans and have the maximum authority and responsibility. Middle managers are the Department Heads (HOD), Branch managers, and the Junior Executives. These managers give advice to the top managers, and executes the policies and plans. They also prepare short-term plans and co-ordinate the activities of all the departments. The lower level managers also known as the first-line managers are the Foreman and the Supervisors. They direct workers, develop morale, and maintain a link between the other levels of management.