Functional department are generally common in big corporations with different areas of speciality within different functions that are led by respective managers. A functional department may comprise of the finance, marketing, sales department and human resource department. For instance, the finance department functions to monitor the organization’s expenditure and revenue. Meanwhile, the marketing department is responsible to promote a service or product to potential customers in hoping to popularize the organization’s brand. Each functional manager has a management authority over a department within an organization. Listed below are some the managerial skills and behaviours expected to manage a functional department effectively. Functional managers need to have good decision making skills in order to weight the positives and negatives of each choice. According …show more content…
In meeting the demand of product-specific, product managers must be able to address product requirement, product life cycle management as well as to monitor the daily execution of the production team (for instance, design, progress). As for market-specific, managers of product department have the responsibility to provide training and education awareness in explaining the product features to internal stakeholders and consumers, to perform competitive analysis, product position and launch campaign such as social media marketing. The functional manager primarily construct credibility with their internal stakeholders or employees, however the manager of a product department operates in external (consumer centred) and internal facing such as the members of the department within the organization. In general, the managerial skills and behaviours displayed by the manager of a functional department and product department are dissimilar mainly due to their nature of job scopes and
Successfully running a business or organization requires mastering the four primary functions of managing. The four functions of management are planning, organization, leading and controlling. I manage a flourishing online shoe store (www.myhoodjapan.com), and each of these functions is important to my stores success. This paper will define the functions, and will explain how each relates to my Organization.
This would pull the company together strengthening it in the face of incoming competition while keeping all its existing structure and value system intact. Rather than take away responsibility from the employees, the functional specialists together with the functional operators’ level would introduce dynamic measures of collecting and coordinating operations across the whole company and thus, not only giving direction but keeping everybody well informed about market conditions/trends and company focussed and prepared for future changes. Teams will then be able to take better decisions in view of the overall company’s short and long- run strategy. Knowing that the company is stable and well prepared for future contingencies boosts the employees’ and shareholders’ confidence.
Its functional structure is organized with many executive vice presidents reporting to the CEO and additional functions representing a major component of the Target value chain such as a store, design, manufacturing, sales and marketing, logistics, and customer service. Each functional unit is supervised by a functional chain of command that focuses on their area of responsibility. This way CEO provides direction and ensures that the activities of the functional managers are coordinated and integrated across Target
Project managers have different roles in making the corporation successful where they portray their skills in the marketing field.
"In the day to day business of organizational life, decision making is seldom the logical, rational, systematic process suggested by the management textbooks. It does not unfold in identifiable stages where a problem is defined, alternative solutions are generated, the alternatives are weighed against a known criterion, and a choice is made (1998, p. 50)."
However, this vision generates an overlapping problem between the marketing department and the product development department. The marketing department, among other duties, is responsible for the identification of new opportunities and also to assure the development of new products. Unless these activities are extremely well coordinated with the product development department, there will be misalignment in the strategy of the EPD. Ultimately, this misalignment will affect a third department, i.e. the manufacturing department, since it is directly involved in the product development process.
Moreover, the functional manager should be a subject matter expert and he should have the skill to manage the work in an efficient way as well as the process improvement responsibilities should also be handled by the functional manager.
Managers are responsible for setting goal and objectives for their staff .And the setting objectives managers must work with team .Managers ensure that the team objectives are met when the objective individual and specific to team .They can easily focus their target, improving and increasing customer satisfaction.
Managers should be ready to teach the importance of decision-making skills and reinforcing organizational policy. Avoiding hasty, careless decisions, which can have devastating results on the manager's unit or the entire organization. Decisions made with forethought, using the many managerial tools available will lead to better and more profitable operatio...
Product management is a strategic and business-oriented role, which is focused on satisfied and transfer solutions to market needs. The role may consist of product development and product marketing, which are different (yet complementary) efforts,...
All the professional managers, in their routine life are supposed make different types of decision. The individual process of decision making varies from one other as the nature of decision are always diverse. Decisions can be made at various times in various ways and at different moments, like some decisions are made on the urge of the moment because of uncertainty due to very little thoughtfulness. Decisions are also been made on account of confidence and gut feeling for which it requires no valid reasoning.
There is an endless list of skills that the managers should have in order to be effective, but the 4 basic skills that discussed by Robbins and Decenzo in their book are conceptual skills, interpersonal skills, technical skills (Katz 1974), and political skills (Pavett, Lau 1983). These skills will be discussed later in this essay together with their importance. Based on the above researches, a conclusion will be remarked in the end of the essay.
Usually Managers have the role to manage the company’s performance; therefore they must be trained professionally in the field of administration management, Project Evaluation and Maintenance management. The must also be well versed with the adhering to the objectives of performance management in a given company or a business organization. On the other hand, employees of the same organization must be sure and certain of their duties and roles. Certainly, they will work with an aim and focus to achieve specified goals of the company. An organization with suitable management acquires many professionals with appropriate skills and knowledge. On acquisition, the firm will have expectations towards achieving high standards performance across systems management. Such professionals will always work at the best interest of the company, with skill and care and they will go ...
There are four different functions of management. In this paper, I will define these functions; planning, organizing, leading and controlling. I will also explain how each of these functions relates to my own organization. Bateman and Snell (2004) define management as the process of working with people and resources to accomplish organizational goals. By utilizing the four different functions of management companies can work with their employees and other resources to reach the organizations goals.
Some decisions prove to be vital and any miscalculation that may be involved may prove dire for the individual or the organization. In identifying the criterion to use while evaluating different decisions, many factors pertaining the structure should be considered. The pros and cons of every decision made should be evaluated to ensure that the option chosen has the most positive effect on the individual and the organization. Some of the activities that may require keen decision making include project development, finance and operations. With the knowledge attained it will be easier to cope with tough decisions that may come up in my career. Decision making models may be generated to give an in depth view to the problem and also provide critical analysis ability. It is also vital noting that for those in managerial positions, they face a bigger task in decision making. A good understanding of the business function and structure will provide an in depth knowhow to those that have studied the