Posted: Mar 20, 2019
According to this article management, in real life entails the coordination and the organizing of the activities of the company so as to achieve a firms defined objectives, including the short and long term goals. The author continues to say that the today’s, management gets included as a factor of production alongside materials, money and machinery. The article also includes the analysis of the essential tasks of management that are marketing and innovation. Further, management consists of several interlocking functions. These functions involve, among others the creation of corporate policy that gets aimed at directing the firm's resources in order to achieve the related goals of that policy.
From this article, one can deduce the general definition of management as the organization or coordination of the business. Further, I learn that management is all about the enforcement of duties to the staff in the bid to yield the best of the goals of any organization. Here, one also learns that the modern management originated from the 16th study of low-efficiency and failures of enterprises, as conducted by the English statesman Sir Thomas More in 1478-1535.
Griffin, R. W. (2012). Management. Mason, OH: CENGAGE Learning Custom Publishing
The article relays that management is inclusive of the directors and managers who possess the responsibilities and the audacity to make decisions on behalf of the organization and oversee the daily accomplishment of an enterprise. The size of management is indeterminate. It can get made of only one person, particularly in a small organization or hundreds or thousands of in a multinational company. Moreover, in large organizations, the board of directors acts as the management. They have thus the responsibility of defining the company’s policies which is then carried out by the chief executive officer or CEO. Apparently, the article suggests that the company’s current and future worth can get evaluated through examining the quality, competence and experience of the
One thing of interests to note is the key role assigned the management. The article correlates the expertise of management to the success and reputation of the company. In addition, it is noteworthy that decisions and daily adherence to the management cannot get overemphasized. If the management makes wrong decisions or fails to supervise the staff, then failure is to the company. It is critical to note that, the above points imply that the management may thus fall into a dilemma. If they are too harsh to the staff, there is a likelihood of losing them. Further, if become friendly, work may not get done.
Maznevski M., Steger U. & Amann W.(2007). Perspectives of Managers: Managing complexity in the Global Organizations.
Management has very high ranking motives on their list of endeavors and applies every possible driver to yield a foreign expansion. Such struggles include learning, spreading risk, gaining access to new customers, realizing economies of scale and scope, or optimizing the value proposition with partners. However, as the article outlines, this road to a desired Land turns into a more demanding than expected. They face a lot of complexities some of which are diversity fitting, independence, and ambiguity. However, the article suggests some of the ways to cope with such detrimental problems in order to arise to the global level.
One learns that, the business world today gets comprised of too much information with less clarity. Further, managers face the challenge of interdependence as well as foster diversity inside and outside the organization. Here, we learn that the management have to be much experienced to make all the ends meet and beat all the challenges to raise the status of an organization.
Grant R. (2008). Long Range Planning: The Future of Management,
The excellence of management has not gotten yet achieved. What management needs in the future are neither operational excellence nor technology breakthroughs nor new business models. It is innovation in management. Innovation in management refers to new ways of mobilizing talent, allocating resources, and formulating strategies. That will enable organizations cross new performance thresholds and build enduring advantages in the future. Gary argues that, in the future, organizations need management innovation now. He notices that the management standard of the current decade has gotten centered on control and efficiency. That may not suffice in the future world where adaptability and creativity drive business to success. Thus in the future, companies must reinvent management.
The article explains how the management can turn the organization from a serial management to an innovator. Some of the ways include the following. The grant proposes the application of such techniques like revealing and head-snapping change. Revealing in innovation entails the make-or-break techniques to conquer challenges, after which enlightenment and determination of competitive success will be achieved by the management. Head snapping changes will include the elimination of traditional ‘toxic’ management beliefs and practices and make new and better ways as part of management DNA.
Daft, R. L., & Marcic, D. (2013). Understanding management. Australia: South-Western Cengage Learning.
According to Daft and Marcic, a good management should foster the following qualities: rationality, innovativeness, delegation, stability maintenance, visionary, nurtures and promotion of change. The authors tell us that leaderships not equal to management. Management compels the staff while leaders guide the staff. That means that leadership cannot replace management, it can only be part of management.
The success of management is equal to the success of the company. However, the management cannot make a success without employees. They should thus share their vision, be innovative and understand that a joint effort with workers yields more to the whole organization. As such they should respectful and delegate duties.
Belbin M.(2012).Roles of Management
The article talks about the roles of managers in every organization. Here the article outlines five vital functions of management. These include planning, organizing, staffing, leading and controlling. Planning task of management entails the mapping of the exact mode of achieving goals. After the plan is in place, the management follows it to improve as required. Second, is organizing. After planning, the manager organizes the materials and the team in line with the plan. Staffing involves placing workers to the task. The fourth function is leading. This role incorporates motivating, encouraging, coaching and assisting employees rather than just ordering demands. The fifth function is controlling which entails checking of results from employees against objectives.
Planning is imperative on the part of management as it shows the way through accomplishing of objectives. It should be the first step in all managerial endeavors. Secondly, the management should not only issue instructions. They ought to be role models just as good leaders do.
In summary, an interview with management paves a wide way to learn much about their skills that one can apply in his or her pursuit of success. From the above observations, one learns why some companies fail while others succeed. That gets mostly attributed to the competence of the management force and their relationship with their staff. Moreover, one learns that management ranges with the size of the organization. Of worth to note is the roles played by the management. Here, one learns that a good management team should play the roles of planning, organizing, staffing, leading and controlling. The future of management primarily relies on oversight of innovativeness as well as the orientation to changing circumstances.
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