The Need for Managers in an Organizations Success MGT 521 September 22‚ 2013 The Need for Managers in an Organizations Success Although managers are not required in today ’s workforce‚ they are necessary for an organization’s success. An organization ’s success is produced through the attainment of its set goals‚ which are driven by the management team. This management team is comprised of departmental managers who are the driving forces‚ behind the functional areas of the business. Although
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1.1 Why are managers needed in an organization? What is their main goal? Well‚ congratulations on completing the first block of this course – Strategy. We can think on Strategy as a high level plan for achieving firm’s goals under conditions of uncertainty and continuous change. Now‚ what is the connection between Strategy and Management? It is simply the firm’s goals. The role of management is to move and guide firm toward goal accomplishment. During the Strategy block‚ we learned that every company
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WHY MANAGERS NEED GOOD "PEOPLE SKILLS" IN ORDER TO DO THEIR JOB WELL. INTRODUCTION There are three words in the question need to be understood when we start going about the question. Firstly what is a manager and secondly to what extent is good people skills and lastly what is it mean by doing a job well. From my own understanding‚ manager’s function cannot be entirely identified‚ as one manager’s job can be significantly or slightly different to another. But manager takes up significantly in part
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understand the critical importance of people in the organization is to recognize that the human element and the organization are synonymous. A well-managed organization usually sees an average worker as the root source of quality and productivity gains. Such organizations do not look to capital investment‚ but to employees‚ as the fundamental source of improvement. An organization is effective to the degree to which it achieves its goals. An effective organization will make sure that there is a spirit of cooperation
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1. What is an organization? Why are managers important to an organization’s success? Answer – An organization is a systematic arrangement of people brought together to accomplish some specific purpose. All organizations because each comprises three common characteristics. 1) Every organization has a purpose and is made up of people who are grouped in some fashion. 2) No purpose or goal can be achieved by itself; therefore‚ organizations have members. 3) All organizations develop a systematic structure
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In today’s society the need for organizational revolution has become a necessity. Through many factors‚ such as competition‚ the economy‚ changes in technology‚ etc. we see the need to develop new forms of an organization. Constant change in society creates the struggle for improvement and finding effective ways for dealing with change. Some concepts to consider when deciding on an appropriate strategy to combat change include: organization behavior‚ organizational culture‚ diversity‚ communication
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How does the Nucor case illustrate the limitations of the simple organizational structure? 1.1 In this Nucor case‚ it illustrates that simple organization structure have their limitations. From this case we can see that Nucor only has three levels of management that makes the plant managers report directly to the CEO‚ and it makes the CEO hard to maintain the company using this simple structure and also hard to make decisions on trade battles. This is happened because the CEO can’t concentrate
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a successful manager in a organization? In a organization‚ a manager’s job is one of the most important — and one of the hardest. The qualities of a successful manager have evolved over the past few years with the emergence of new industries and the virtual workforce‚ but key qualities of a good manager remain the same across the board. As a manager‚ he can singlehandedly make or break the success of a business. Here are some ways to run an effective management‚ and be a manager that employees
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WHAT MANAGERS NEED TO KNOW? The directors of a company have a legal responsibility to ensure weather the company keeps appropriate accounting records which enable them to report the financial position of the business to investors‚ regulators and tax authorities. In an organization financial acumen is a skill that will support any manager in their career. The skill is not about knowing the intricacies of transaction recording or the details of financial reporting; it is about having the ability
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forces managers face today and will continue to confront in the future demand organizational excellence. HR can help deliver organizational excellence in the following four ways: Firstly‚ HR should become a partner with senior and line managers in strategy execution Secondly‚ it should become an expert in the way of work is efficiency to ensure that costs are reduced while quality is maintained. Third‚ it should become a champion for employees that their commitment to the organization and their
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