How Economic Climate Affects the New Managers Entering Any Industry
In the present day, our global economic has stepped back and faced with many situations which affects with numerous organizations for many years ago. Many of huge companies were bankrupt and collapse, for instance, Lehman Brothers, the fourth-largest US investment bank was collapse in 2008 from incurred losses of billions of dollars in the US mortgage market (BBC 2008). However, the global economic restoration plans have occurred immediately and it seem that they needs support from all levels of business especially from the base level. That is means we need a good manager to take a responsibility for this challenge.
Most of companies try to find a person who can take this duty and responsibility of their company and it is become the biggest challenge for them. Because a new manager has to face with many challenges, and just a little of them that can handle with challenges and lead the company to reach their goals.
First of all, they are many challenges for new managers. The most important challenge that they have to handle is team member. New managers have to know their team member. Moreover, They have to know the abilities, aptitude, advantages and disadvantages of each person. Because team is a basis of the company. If the managers can make a good relationship with their team and make everyone in their team can work in harmony with others, They will be an effective teamwork. Teamwork is also important for the business as well, when some team members have problems, they will help each other. This will cause to the progress of their company. For example, Google inc., number two of the best global brands. Google has focused especially on employees. They have trained their employees to work with others as a team, help and support their colleagues. Moreover, Google design their place to make their employees feel the most comfortable. They have place for exercise, sleeping room, free meals and etc. (Levy 2013). However, The another thing that more important
Most of companies try to find a person who can take this duty and responsibility of their company and it is become the biggest challenge for them. Because a new manager has to face with many challenges, and just a little of them that can handle with challenges and lead the company to reach their goals.
First of all, they are many challenges for new managers. The most important challenge that they have to handle is team member. New managers have to know their team member. Moreover, They have to know the abilities, aptitude, advantages and disadvantages of each person. Because team is a basis of the company. If the managers can make a good relationship with their team and make everyone in their team can work in harmony with others, They will be an effective teamwork. Teamwork is also important for the business as well, when some team members have problems, they will help each other. This will cause to the progress of their company. For example, Google inc., number two of the best global brands. Google has focused especially on employees. They have trained their employees to work with others as a team, help and support their colleagues. Moreover, Google design their place to make their employees feel the most comfortable. They have place for exercise, sleeping room, free meals and etc. (Levy 2013). However, The another thing that more important
References: British Broadcasting Corporation (2008) Lehman Bros files for bankruptcy [online] available from [6 November 2013] Hall, A. (2013) ‘My boss is a jerk! 3 reasons why leaders succeed and bosses fail’. Deseret News [online] 15 April. available from [7 November 2013] Isaacson, W. (2011) Steve Jobs. New York: Simon & Schuster Inc. Levy, S. (2013) The Internship. [DVD] Australia: Twentieth Century Fox Film Corporation. Inside Jobs Coaching Company (n.d.) Ten ways to create a positive work environment [online] available from [8 November 2013] Rinwong, S. (2013) ‘Marketing of Tan Passakornnatee’. Bangkokbiznews [online] 13 May. available from [8 November 2013]