If all business environments were perfect, organizational management would have little or no relevance. To have a productive working environment there are critical success factors that must be adhered to for optimal results. The initial stage is to identify the task at hand. This will help determine how resources (employees) will be used for their strengths and commissioned to contribute for the betterment of the organization. A managing director will emerge and identify the key deliverables, provide a vision, manage workflow, and delegate accordingly.
People expect managers to be organized, and know their plan of attack, and know what they are talking about when in meeting, seminars, and etc I believe that organization is a major part of being in management, if you are not organized; you can not plan, lead, or control. Functions of Management 3 Leading is what your job is all about. If you can not lead, you can not manage, and if you can not manage you have no job. I think that in order to be effective management, you must possess good leadership skills. In order to be an effective leader, you must know when to congratulate and disapline.
Followers tend to be characterized by someone who is given information and direction with the task of processing or completing an assignment with pre-planed productive results, they are the one who put the plan into action and create the results. Both positions are essential for success and completely dependent on each other, but is one more important than the other? In a business organization, a leadership role is often characterized by a person who has the core ability to plan, implement, delegate, oversee, influence, and empower other employees toward a specific company goal. The character of a strong leader should have dominant personality traits to execute taught skill sets. For someone to take on a leading title they must not only be capable of taking on highly important responsibilities, but on average a successful leader is only eligible for the task when they can also easily influence others to follower their direction.
Leaders should plan, organize, lead and control the process of ensuring all stakeholders are content. Planning is important as a goal must be planned prior to it being organized. In respect to stakeholders, leaders must plan their approach to obtain satisfaction from all stakeholders. Stakeholders are important investors in a company and deserve much attention and strong communication. As a CEO, it is imperative to truly understand the stakeholders’ desirable end result and the process they wish to take to reach those results.
Utilizing the concepts of organizational behavior is crucial to being an effective owner and manager. Understanding creativity, innovation, motivation, the strengths and weaknesses of employees, roles of management, and the different styles of leadership are all important functions of management. Also, a manager must understand the organization itself. The roles and responsibilities of top, middle and front-line management, to become a franchise or not, and the effects all leaders have on the different levels of planning are just a few more of the different scenarios a manger will find themselves involved with when coming to grips with the organizational behavior of their business. Innovation, Creativity and Motivation A manager may encounter a situation where an employee may raise a concern with another department, such customer service, within the firm.
This can give a sign for the organisation to recognize the key groups inside the company that who are regularly contacting to the customers. For the efforts to implement fairer mechanisms, it must begin with a good overall strategic focus that needs the involvement and influence from the senior
They first can create an outline of the company goals and purposes that can help the staff and all members of the team understand the process and way the plan is important. This is where the company should allow the staff to ask questions and get clarification of what will be expected of them and ways they can meet the goal. Second, they explain to the staff the second plan that they feel could serve as a backup, should things not go as planned. This is a safety procedure for the success of the business. It helps protect the company assets and revenue.
Concepts, Models and Schools of Strategic management One of the duties of the managers of a company is to engage in strategic decision making. Strategic management is a broad subject on its own that borrows from other social science disciplines. According to AllBusiness (2011), strategic management involves all the activities undertaken by management to better place the company in the industry it operates in. It is important for every manager to realize that his firm does not exist alone in the business environment. Its environment has parties like competitors and customers, both internal and external; suppliers and government authorities that must be analyzed and addressed appropriately.
Introduction The decision making is the main ingredient of the business organization as every success or failure of the organization mainly depends upon the decisions made by the management of the company. The critical decision making process is very important in business as it possess the various factors that depends upon the success and vitality of the business. The decision leads the organization towards better understanding of the matters and will also help in better coordination among the clients, employees and managers within the company. It may help in setting the realistic goals to deliver promising results. The decision making can be considered as an essential way to eliminate any kind of conflicts within the organization and help
The range and nature of audits can vary importantly but the main priority of the work is to make sure any issues that affect the survival and prosperity of the business are dealt with. Their work helps senior management