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The Role of the Manager in a Company - Research Paper Example

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The author of the paper states that the functions of management in the business world include planning, staffing, organizing, coordinating and controlling. The modern business environment calls for many more added functionalities of the managers because this environment is experiencing rapid shifts…
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The Role of the Manager in a Company
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Download file to see previous pages The managers are expected to be agile and adaptive and perform in a more involved manner. The functions of the managers are also extended to participation in the implementation of strategies rather than only formulating the strategies. To perform their functions effectively in the modern day businesses, managers have to achieve three main managerial skills which are communication and interpersonal skills, technical skills, decision making and conceptual skills.
The managers are significant influencers of the macro environment within an organization. Therefore, they also actively influence the ethical environment within an organization. The managers in modern businesses have to be ethical leaders who would lead the employees in an ethically compliant and value adding manner. The thinking and behavior of a manager directly influences the work environment. An ethical manager helps to build ethically sensitive employees. On the other hand, a manager following unethical disciplines will create a workforce that would be insensitive to ethical factors. Demonstrating self-controlled decision making on the part of the mangers may lead to loss of trust and compliance among the employees and significantly impact the ethical environment. Managers need to have key competencies and skills in order to steer the organization in the right direction. Performing in an ethical manner is one of the pre requisites in the global business environment. The three roles of managers which are interpersonal roles, decisional roles and informational roles should be performed in an ethical manner to ensure that an ethical environment is created within the organization.
Strategic planning involves a set of processes that are devised to make key decisions regarding the long term strategies and goals of an organization.  ...Download file to see next pagesRead More
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