Management 's Power : The Ability Of Inspire And Motivate

Managers perform many functions and play many roles. They are responsible for handling many situations and these situations are usually different from one another.

Management is the basis of how any given organization operates and how each activity preformed is organized that makes each day possible and profitable for the overall good of the company. Power

Delegation…. Having the knowledge to know how to delegate efficiently is the key to advantaging yourself and increasing your importance to any company. Transferring responsibility permits you to shift from what you can do yourself to what you can supervise. Delegating tasks is one of the utmost significant and efficient managerial tools there is today. Lacking the capability to delegate efficiently and effectively, is unmanageable for you to progress in a supervisory position to an even advanced position of accountability.

Theorists believe that Managers deal with day to day duties of the workplace; focussing on organising, planning and dealing with the resources.

Delegating will allow individuals to illustrate personal ownership. Hence, delegation will enhance production and accountability (Finzel, 2007). Additionally, the four stages of delegation are important to the process of delegating, they are, 1) assignment, 2) authority, 3) accountability, and 4) affirmation.

This article presents the benefits of delegation to delegates, delegators, and organizations. Six different stages for delegation are outlined. Within the article, there is also an explanation of the various factors that hinder delegation and the importance of evaluating the delegated tasks.

Delegation is widely acknowledged to be an essential element of effective management (Yukl, G. 1994). Delegation is basically a process of assigning responsibility, sharing authority, and producing accountability in organizations. It is a managerial instrument that allows managers to nurture subordinates to capitalize the subordinate’s potential and ability to meet organizational goals and objectives. As a form of employee involvement in decision-making, delegation describes a category of leader behavior that entails assignment of new responsibilities to subordinates and additional authority to carry them out (Yukl, G. 1998). Managers usually find it easier to speak about delegation of

This paper will attempt to show what skills are necessary for effective delegation, and how the managers of the author 's organization uses delegation in his or her management responsibilities. The paper will also attempt to show how delegation could be used more effectively within the four functions of management in that same organization. Through delegation managers combine task responsibilities and the authority needed to carry out tasks in the organization. The author will also discuss some advantages of delegation as well as the issue of poor delegation.

In short, the agency theory asserts the total cooperation between the managers (agents) and the shareholders/stockholders (principals) to ensure that their visions, goals, and interests in the organization are the same and well-aligned (Seven Pillars Institute, no date). However, reading the Nortel case, it is evident that this supposed alignment did not happen.

Every company has assignments that are delegated on every level within a business. Delegating is defined as giving authority and responsibility to a subordinate or an employee on a lower level. At The Plumbing Warehouse, delegating is a very important part of getting the price changes done on time. However, when leading and controlling are involved, the delegation process could use a few minor improvements. Every company must have effective delegation skills in order to be prosperous.

Agency Theory is tied up with analyzing and resolving any current issues that exist between their management team and owners. In Agency theory, way of think may

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.

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.

Management is usually the people that hold the business together. Whether it is making schedules, making sure the books are right or even helping out when needed, management is an important aspect of every business. According to Web Finance (2014), “Management is the organization

Management is a combination of ideas which puts forward certain values on a way to manage a business or organization. The theory of management seeks how managers and supervisors handle their organizations keeping in mind their goals, implementation of important means to get their goals completed and the way to encourage employees to perform their best. (Saxena et. al., 2007)