StudentShare
Contact Us
Sign In / Sign Up for FREE
Search
Go to advanced search...

Managerial roles has changed last 5 years - Essay Example

Comments (0) Cite this document
Summary
The nature of management is defined as the effective and efficient process of achieving organizational goal. The major functions of management are planning, organizing, leading and controlling. (Daft & Marcic 2008, p. 184) In association to the definition, managers have the traditional roles as planners, organizers, leaders and controllers.
Download full paperFile format: .doc, available for editing
GRAB THE BEST PAPER96% of users find it useful
Managerial roles has changed last 5 years
Read TextPreview

Extract of sample "Managerial roles has changed last 5 years"

Download file to see previous pages Technology has become the driving cause in organizational change and development. In order to preserve an organization's existence or to sustain its profitable growth, management must adopt and react to the changing world. Managerial roles evolved from traditional specific functions to a more cross-functional role and having cross-business knowledge with higher expectations from stakeholders and better performance in the organization. Today's information age organizations operate in an integrated and complex business processes that goes beyond traditional functions like manufacturing, purchasing, distribution and marketing (Kaplan & Norton 2001, Chapter 1). Technology has combined the specialization benefits from these functional skills with the speed, efficiency and quality of an integrated business processes.
Andrew S. Grove, CEO of Intel, attributes much of his success to a terminology he called strategic inflection points. These are moments when massive change occurs in the company, the industrial environment they compete in, and the market they played at. Strategic inflection points are results of different factors, may it be, mega-competition, entry of a better substitute, or a change in technology. (Grove 1996, p. 126) There exist unrelenting pressures to managers these days. These managerial pressures may include compelling needs of organizations to become leaner, to be good citizens, and to grow profits at double-digit rates. Managers become navigators through these pressures and strategic inflection points that threaten their organization and turn them into positive forces to win in the marketplace and emerge stronger than ever. They stop being passive spectators and hesitant observers.
As the organization changes to adopt to the forces of the market, the managerial role changes in order to adopt to the demands of the organization. The demand for change and innovation is enormous. Fiercer competition arises from traditional companies and brand new entrants while the boundaries of markets and industries are increasingly colliding. The demanding environment has created a shortage of skilled employees and knowledge workers. The changes also strain the relationships between employers and employees. People work at an organization as long as it is beneficial to them where there are still a lot of milk in the cow, so to speak. Once it no longer gave them the advantage, they move on to greener pastures, to fatter cows, to other companies. The traditional autocratic managers have become extinct. Managers nowadays value the importance of individual employees and are accountable in attracting and keeping good people.(Chopra 1999, p. 40) With these shortage of good workers, the managers are enormously pressured to challenge their team to continuously improve and to stay on top of the competitive game. Effective managers go beyond managing change, they become champions of change, innovation and continuous improvement in the organization. The organization's survival and success depends on how management responds to change with the right value equation by coming up with original, creative and innovative solutions while being resourceful through taking what is available and making it ...Download file to see next pagesRead More
Cite this document
  • APA
  • MLA
  • CHICAGO
(“Managerial roles has changed last 5 years Essay”, n.d.)
Retrieved from https://studentshare.org/miscellaneous/1515210-managerial-roles-has-changed-last-5-years
(Managerial Roles Has Changed Last 5 Years Essay)
https://studentshare.org/miscellaneous/1515210-managerial-roles-has-changed-last-5-years.
“Managerial Roles Has Changed Last 5 Years Essay”, n.d. https://studentshare.org/miscellaneous/1515210-managerial-roles-has-changed-last-5-years.
  • Cited: 0 times
Comments (0)
Click to create a comment or rate a document

CHECK THESE SAMPLES OF Managerial roles has changed last 5 years

How education has changed through the years

...?How Education Has Changed Through the Years Johanningmeir and Richardson (2008) suggest that education in public schools since the 19th century havebeen designed to resolve the difficulties facing the nation. In this regard, public education acts as an agent for setting and sustaining social, economic and political strategies for the country and its political leaders. Education has therefore changed to reflect national strategies (Johanningmeir and Richardson 2008, p. viii). In other words, as national agendas change so too does public education. For instance, recent strategies for reducing obesity within the US have resulted in both nutrition education and nutrition changes in school (Contento 2010, p. 131). Violence has had...
2 Pages(500 words)Essay

Effects of Globalisation on Bolivia in the last 5 years

In the 2009 elections, he again came in to power by winning the election with a huge margin and now making attempts to change the system of his country. Figure 1: Map of Bolivia Source: Central Intelligence Agency. The World Fact Book, 2011 Bolivian Economy: Bolivia is among the poorest and the most undeveloped country in the Latin American region. There was a devastating economic crisis in Bolivia in the early 80s but then the economic reforms were made which improved the economy as well as reduced the poverty in the country. In the time period between 2003- 2005, there was political disturbance in the country along with racial clashes mainly on the issue of export of natural gas to northern hemisphere region. In 2005, newly ele...
10 Pages(2500 words)PowerPoint Presentation

Australian Economy over the last two years

...?Australian economy over the last two years Finance ‘runs’ the world in innumerable ways, both in the direct manner as well as in the indirect. From providing the needed personal comforts, to being the factor that decides the survival and the success of a country in the form of economy, finance impacts all aspects of lives. When one views at the annals of world history, it has been clearly validated that for a nation to elevate itself to the top echelons, it has to have an optimal, strong and ever growing economy. If a country’s economy faces obstacles, and goes into a recession due to various factors in its macro as well as micro environment, it will lead to a lot of problems for the country’s functioning, its business and it citizens...
8 Pages(2000 words)Essay

Mexico City: The Last Twenty Years

...? Mexico The Last Twenty Years Population, Economy and Social Structure By Sociology Mexico The Last Twenty Years Population, Economy and Social Structure Introduction: “In 1992 the United Nations described Mexico City’s air as the most polluted on the planet.” (Hibler, 2012). Shortly after the noted pollution labeled the same city as “the most dangerous city in the world for children.” (Hibler, 2012). Mexico has been working to change that conception of their city and make major improvements. Even with strong pollution control measures in place, a cloud lingers over the city most of the time. There have been many factors that have contributed to this phenomenon. The following research will focus on the last twenty years and how Mexico has...
6 Pages(1500 words)Research Paper

How gender roles have changed over time

...? How gender roles have changed over time? How gender roles have changed over time? ? According to the researchers, many researches can be carried out in order to analyze the changing gender roles that have taken place throughout the recent decade. The many research methods that have been proven to be successful show the research about gender roles. They show that gender roles come to the humans from the variety of social influences that he goes through. These influences are formed during the socialization that takes place throughout our lives starting from childhood to adolescence. Parents are known to be the first and foremost influence that has an impact on the gender role of a person. Since parents are the first teachers who teach...
5 Pages(1250 words)Essay

Managerial Work Over the Last Four Decades

...Managerial Work Over the Last Four Decades Introduction Managerial work has been researched through a large number of studies using a wide range of methods over the last four to five decades. Different researchers have different views as to what constitutes managerial roles and effective management and what skills are needed for managers to become effective and how these skills are learned. However, though different researchers (Fayol, Mintzberg, Kotter and Hales) have different views regarding the role of managers, research indicates that all views are just different sides of the same coin as in the end; the roles do converge or mean the same thing interpreted in a different way. It is only the method of study that differs. The aim...
4 Pages(1000 words)Essay

Organizational behavior - interpersonal skills and managerial roles

...The manager of a company is the person responsible over the performance of the firm and its employees. It is imperative for a manager to have good interpersonal skills. Some of the interpersonal roles that a manager performs include working directly with other people, hosting and attending official ceremonies, creating enthusiasm and serving people’s needs, and maintaining contacts with important people and groups (Schermernhorn, Hunt, Osborn, 2003). The manager must also monitor internal and external information. If the manager is leading a public company he must comply with SEC regulation which includes submission of an annual report with the four financial statements. The four functions of management are planning, organizing, leading...
2 Pages(500 words)Essay

Managerial roles and responsibilities

...Managerial Roles and Responsibilities The Chief Information Officer The chief information officer in health care delivery deals with not only the planning, but also a number of other responsibilities. A CIO is a very important person in any organization, and more so in the healthcare system. The healthcare system is a very dynamic area and has been experiencing impressive growth. This has been accelerated by the innovations in the information and technology sector. Technological advancement has widened the scope of responsibilities of a CIO in the healthcare system considerably. The CIO of a healthcare delivery provides advice to the other senior managers on which information technology material should be acquired...
1 Pages(250 words)Coursework

New discoveries in physiology in last 5 years

... body parts and spread to other organs, through the process of metastases (WHO, 2015 in “Cancer”). Recent studies are exploring ribosome biogenesis’ role in inflammatory pathologies that include cancer (Blalock et al., 2014) and how dysregulated rRNA synthesis could contribute to or be a product of malignant cellular changes (Nguyen et al., 2015). Studying ribosome biogenesis and its dynamics and effects on malignant tumors can improve the understanding of cancer cell proliferation and may lead to more precise treatments/therapies for cancer (Blalock et al., 2014; Nguyen et al., 2015; Penzo et al., 2015). Recent Discoveries: On Ribosome Biogenesis and Cancer Ribosome biogenesis involves multiple steps, including rRNA transcription...
6 Pages(1500 words)Research Paper

Garcia Marquezs One Hundred Years of Solitude

The dividing line between contrasting features cannot be drawn as it was the author’s intention to present reality through magical happenings and incredible events.  

Marquez’s novel refers to magical realism which is ‘a mode of narration that naturalizes the supernatural, that is to say, a mode in which real and fantastic, natural and supernatural, are coherently represented in a state of rigorous equivalence – neither has a greater claim to truth or referentiality’.2

The author tries to delete the demarcation line between reality and imagination, history and myth. The line between reality and fantasy is intentionally blurred. That’s why attempting to separate re...
6 Pages(1500 words)Essay

Recognized and Unrecognized Managerial Leadership

The changing roles of management in the current era of rapid globalization has been succinctly articulated in the two articles: ‘Recognized and unrecognized managerial leadership’ by S. Sjostrand and M. Tyrstrup; and ‘Why hard-nosed executives should care about management theory’ by Clayton M. Christensen and Michael E. Raynor.
 Leaders create visions and goals whereas the managers and administrators work towards achieving them.

Organizations are characterized by the unique culture that is inherent in the overall working of the organization. Discussion of leadership with reference to a large organization is as important as that of a small one for the simple reasons that the leaders with...
6 Pages(1500 words)Report

Holistic Approaches to Infant Development 0-8 Years

see the child as like a seed that contains all the elements to produce a fruit if given the proper amounts of nutrients from the soil and water along with sunshine and an ideal climate (Brewer, 2001). The Constructivists, founded on the works of Jean Piaget and Lev Vygotsky, believe that children are not passive recipients of knowledge, rather, they actively work at organizing their experience into constructing their own learning.
The Early Years Foundation Stage (EYFS) is a resource for early childhood care and education practitioners to support the needs of young children under their care. It sets standards for learning, development and care for children up to five years of age. EYFS provides a wide variety of information o...
18 Pages(4500 words)Term Paper

Managerial Prerogative and Protection of Employment

On the other hand, the change in the forms of employment has led to a decrease in employees’ performance in the high percentage of organizations internationally. Towards this direction, McGovern et al. (2004, 225) stated that ‘the rapid growth in nonstandard forms of employment toward the end of the 20th century has fuelled claims about the spread of "bad jobs" within Anglo-American capitalism; research from the United States indicates that such jobs have more bad characteristics than do permanent jobs after controlling for workers’. In other words, the bad conditions in the workplace – lack of communication and cooperation among the employees - but also between the employees and the firm’s owners - l...
13 Pages(3250 words)Term Paper

Contemporary Managerial Issues in Accounts and Finance

Political theorists like Veblen argued that the separation of corporate ownership from control generates a transfer of power from a minority of stockholders to a group of decisive owners who have the control over the way of access to credit and finance (Roe, 1994, p. 5).
However, contemporary analysts of corporate power contested that dominance and ownership in modern corporations have shifted to a property-less group of managers. Consequently, this current shift of power and control in large modern corporations could usher in ultimate preoccupation over profit rather than non-financial motives. Furthermore, the separation of power and ownership will lead to the destruction of the traditional legal theory of property which en...
23 Pages(5750 words)Literature review

Managerial Economics and Business Environment

Once the above said subject matter is clearly sorted out, the next emphasis would be on the concepts like the opportunity costing, incremental principle, marginal principle, discounting principle, the principle of time perspective, and calculation of economic profit as the guidelines to the scope of managerial economics. (Surender. V, 2008).
To start with, we consider a firm for which different processes have to be carried to achieve its objectives of profit maximization (assuming that all the organizations work with the view to maximize profits). If firms from different sectors are identified simultaneously, then the working of the economy as a whole could also be analyzed which in turn is useful in the decision-making proce...
15 Pages(3750 words)Assignment

Built to Last by James Collins

The first and most important reason underlying the success of any company is the “core ideology”. These companies, whom he refers to as the visionary companies have at their heart, a set of “core values and a sense of purpose” (P.39) It is these strong fundamentals, that inspire the workers to do more than just work and make money. It guides them through their as well as the company’s goals.
Secondly, the companies indoctrinate their core ideology and thirdly set about the task of identifying people who are in concord with these key ideologies and train them to take on key leadership positions. The last principle of their success is the policy of aligning the organization in view with its avowed...
12 Pages(3000 words)Book Report/Review

Roles of the African American Soldiers in the Korean War

In 1950, nearly eight percent of the total military force standing in Korea was comprised of African-American servicemen, equally approximately one hundred thousand individuals willing to fight and possibly die for their country. The country which finally gave these men this opportunity, at this time, was undergoing radical change at home and abroad in wartime. As African-Americans sought and acquired more social and economic freedom, and the consequent political power, military officials realized the underutilization of Black soldiers. As a result, the Korean War marks for the first time a major role granted to African-Americans to contribute in a significant fashion to the military endeavors of the United States.
That which...
7 Pages(1750 words)Essay

Community Policing Over The Last 25 Years

... be their choice. The people should determine police involvement into people's personal lives. Community Police has been presented as latest and correct style for British policing. In the past 25 years the community policing motion has been acquiring momentum gaining the prop up of scholars, politicians, reformers, and public. Unfortunately there have been troubles that continually plague the Community Policing phylosophy. Some largest obstacles that these organizations face with policing program are the beginning implementation and understanding of the community police, the capability of changing and adaption of the latest format of the policing, and the acceptability of community police programs by public. These three issues, along...
12 Pages(3000 words)Essay

Difference in The Roles of Consultant Experts as Compared to Independent Expert

The interpretation given is based on the expert’s specialty which is outside the capability of the court. The independent expert is totally responsible to the court but not to the clients and gives purely factual information. Thus, an independent expert is not supposed to act as an advocate to any of the party in litigation but only act as an expert witness. In litigation, the independent expert should be independent and offer his or her duty as an expert to the court (Crumbley, Lester, Smith, 2005, p62). Unlike the independent expert, the consultant expert provides assistance in the interest of the client. In general, consultant forensic accounting experts provide various assistance which includes; assessment of the weaknes...
10 Pages(2500 words)Case Study

Gender Roles in Childrens Books

Brott argues that a large percentage of the writers have mainly focused on male protagonists and the few that have touched on women’s issues do so from a negative point of view (Brott 23). Consequently, men’s reputation has been tarnished to a point where it is difficult to repair. Previous attempts to rectify the transgression have not resulted in significant outcomes for the oppressed gender.
In most societies, the most significant and effective method of passing on values and perceptions rests in reading and telling stories captured in children’s literature. An ordinary experience for many kindergarten children involves listening to stories told from books, most of which are enhanced with illustrations. T...
8 Pages(2000 words)Literature review
sponsored ads
We use cookies to create the best experience for you. Keep on browsing if you are OK with that, or find out how to manage cookies.

Let us find you another Essay on topic Managerial roles has changed last 5 years for FREE!

Contact Us