Upper Management – Who is the Person?
An upper level manager who holds the post of upper management is a person within corporations. He is responsible and also accountable for success and letdowns in a given operation. In large-scale organizations, executives of top most level must collaborate and work together ensuring that a particular operation is running at per the organization’s market policies and goals.
Executive officers, plant managers, departmental managers, and general managers all fall in the category of top executives. They are the designated persons who actually articulate directions and strategies of agencies and organizations. These executives are driven by a major objective of ensuring consistent and increasing business
…show more content…
MANAGEMENT ROLES
All the managerial activities can be classified within a broad category. Managers, belonging from different hierarchy, are utilized in different managerial functions. However, managerial roles can be clustered into three main types: informational, interpersonal, and decisional.
INFORMATIONAL ROLES.
Informational roles enable managers to acquire and convey information. The trend in informational roles have improved affectedly due to the ongoing developments in technology. A monitor is assigned to evaluate others’ performance and he is accountable to take necessary steps in order to recover from the performance lag. He is also responsible to closely monitor environmental changes within the organization that may have a direct or indirect impact on the performance of employees and organization. The activity of monitoring can take place in the entire managerial levels. However, higher-level managers are more responsible monitoring external risk factors than the mid-level or first-line counterparts. Managers often have a role of a disseminator. This is a specific role that gives managers the accountability to inform company staffs about the changes that has a positive or negative impact to them and to the company. They are also designated to communicate the organization’s vision
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
Corporate level: where top management directs overall strategy for the entire organization, this is usually the board of directors and senior management officers.
• Top-Level Management: It is the highest level and all employees aspire to reach this level. It comprised of few people mostly executives who give the organization its general direction towards achieving its goals. They are responsible for making critical decisions since they possess a lot of experience.
Top- or higher-level managers typically need to be proficient in planning and organizing. First- or lower-level managers usually must have strong leadership proficiency to be able to encourage, supervise and direct employees; they must also ensure desired outcomes are achieved, that is, they must be adept at controlling. Middle-level managers are commonly required to have the skills of lower- level managers but typically do not use them as frequently as first-level managers. They should also have some proficiency in planning and organization but normally not as high a degree as higher-level managers (Ardichvili et al., 2012; Yukl,
According to Gomez-Mejia and Balkin (2002) the four management functions are planning and strategizing, organizing, leading/controlling, and decision making. Senior
Top-level directors settle on choices influencing the total of the firm. Top supervisors don't direct the everyday exercises of the firm; rather, they set objectives for the association and direct the organization to accomplish them. Top directors are at last in charge of the execution of the association, and frequently, these chiefs have extremely unmistakable employments.
The organizational chart of the company is relatively flat and the executive management team plays a large role in the company. There are few layers between this team and the frontline employees and the executives often communicate through technology assisted mediums so that they can reach the large employee base. The executive management team is an important stakeholder and sets the vision for the company's
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.
Executive Management – This group generally reflects the highest level of education and experience, and are predominantly English speakers. They tend to be older in age and have a good understanding of technology, but not at the level of an engineer. Members of executive management must fully understand and
Middle level management: They don’t have as much responsibility as top and middle level management. They only learn the changes form top level and give the instruction to low level management. Low level management: These people should clearly understand the changes from middle level management and have to execute the changes in organization.
The Chief Executive Officer, CEO, is the highest ranking executive in an organization whose primary obligations include emerging and executing high-level strategies, making key corporate decisions, managing the overall operations and resources of a company, and acting as the highest aspect of communication between the board of directors and the corporate operations. The CEO will often have a position on the board, and in some cases is even the chair (Investopedia, 2016).
The top-level managers consist of employers holding executive positions. Top managers are responsible for developing and defining the organization’s purpose and strategies. The Chief Executive Officer of Wal-Mart is
The top executive position falls under the Business, Management & Administration Career Cluster. Top executives plan, control and coordinate the activities of business to ensure that its goals are being met. The responsibilities of top executives largely depend on the size of the company. A top executive in a smaller company would have more general range of responsibilities within the organization. A top executive in a larger company would have a more specific title with more specific responsibilities. For instance, a top executive who oversees a company’s financial activities would be considered a financial executive, while a top executive who manages general activities related to production would be considered an operational executive.
Gives a description of the most senior person who is in charge of an organization.
A part of an organization that maintains responsibility for the productivity and the work performance of employees. There are generally three levels of management within an organization including top-level, middle-level, and first level that are tiered in numbers with more first level managers, a smaller amount of middle managers, and less top-level managers within one organization. Each level possesses certain job responsibilities within their position to ensure the effective overall operation of the organization.