Managerial Roles and Functions: Modern Perspectives
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Managerial Roles and Functions
Fayol's Definition Versus Modern Views
How does Fayol's definition of the manager role differ from modern views?
Some authors say that instead of talking about command, a manager must motivate the other workers.
Top Management Responsibilities
What Do Top Managers Do?
The top manager involves in long-range planning and the relation of the company with the outside world.
Decision Making at the Top Level
What kind of decisions do they make?
The top manager will be making decisions on the future of the company, how it should face up the competition.
Peter Drucker's Five Basic Operations
The Five Core Tasks
What are the five basic operations stated by Peter Drucker?
- Manager should set objectives.
- Manager organizes.
- The task of manager is to motivate and communicate effectively.
- Managers have to measure the performance of the organization.
- Manager helps in developing people.
Middle Management Duties
What Do Middle Managers Do?
The middle managers are making the day-to-day decisions.
Operational Decisions
What decisions do they make?
They must be looking for supplies and solving technical problems.
Managerial Abilities
Analytical Abilities
What are some analytical abilities?
The manager should be able to plan, to solve problems, to predict about the company's future, and organize the resources.
Importance of Managers
Why are they important?
They are important because they can help us to keep the company running efficiently.
Essential Social Skills
List some social skills that a manager should have:
They should be able to motivate, to relate, and to communicate to the people because then they get people to be more productive.
High Management Strategies Reading
Most Important Managerial Task
Which is the most important task of the manager?
The most important task of the manager is to make major decisions affecting the future of the organization.
Examples of Major Decisions
Give examples of these tasks:
The top managers must decide which markets to enter and which to pull out, how expansion is to be financed, and whether to develop or buy new products.
Organizational Planning Sequence
Objectives Following Mission Establishment
What comes after establishing the mission?
An organization will have worked at certain more specific objectives.
Corporate Plan Indication
What does the corporate plan indicate?
The corporate plan indicates the strategies the management will use to achieve its objectives.
SWOT Analysis
Definition of SWOT Analysis
What is the SWOT analysis?
It is an analysis of the present performance of the company and external factors that can affect its future.
Importance of SWOT Analysis
Why is the SWOT analysis important?
Because it examines its resources (finance, human, product, and facilities) in relation to external factors.
Evaluation Process Necessity
Why is the evaluation process important?
Because it is necessary to develop appropriate strategies to achieve the objectives.
The Four Functions of Management
The Four Functions
Which are the 4 functions of management?
The 4 functions of management are: planning, organizing, leading, and controlling.
Defining Organizing
Define the organizing process:
Is the process of arranging human and material resources to carry out plans.