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Management Issue Paper - Essay Example

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As one begins to plan his business, he has to be alert of the challenges he is possibly to face along the way. Some challenges may be controllable, and…
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Management Issue Paper
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Download file to see previous pages bably consent on is that there are several outstanding issues facing business managers today, irrespective of whether they are running on a multinational organization or a one man plus company (Christiansen 172). Companies today place multiple demands on leaders, requiring them to make difficult decisions, impart vision and initiate change. Managers should be adaptable and flexible to handle these demands. Several business companies have one challenge seen to be the main one in business, for example, leadership.
Strongest teams comprise of a variety of workplace personality types from leaders, doers, thinkers and nurtures. Whilst no one category is enhanced than the other, a team works best when mutual respect and genuine, balance for different working styles are present, and it takes a spontaneous and a strong leader to make all these personalities work acceptably together (Christiansen 174).
There is no doubt that leadership methods too vary extremely, and some of the successful business leaders of the world’s niceness, go unnoted, for example, Thomas Edison, Steve Jobs and Henry Ford. The good news during a recession, however, is that, according to Daniel Goleman, a psychologist, those managers most likely to triumph during difficult times are those with empathy, tough social skills, and those with the ability to inspire skyscraping performance in others. Goleman’s conclusions to three main qualities to success came after his studies of understanding leaders (Christiansen 182).
The three qualities are social awareness, emotional self-control and empathy. A survey among FTS350 organizations by the CBI issued in November 2011 discovered that of the 122 corporate managers who took part, 70 percent said that their confidence level in the economic viewpoint had fallen in the recent 3 months; however, only 30 percent of them believe that their company’s projects have deteriorated. Fifty-seven percent thought their prospects had remained the same and 11 ...Download file to see next pagesRead More
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