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

Business Management of Organization - Assignment Example

Cite this document
Summary
Business Management of Organization Name Institution Business Management of Organization In this contemporary world of business, managers are an integral part of any organization’s workforce. They form the leading cluster of an organization and are able to adapt to insurmountable business changes and climates…
Download full paper File format: .doc, available for editing
GRAB THE BEST PAPER93.3% of users find it useful
Business Management of Organization
Read Text Preview

Extract of sample "Business Management of Organization"

Download file to see previous pages

In order to respond to these challenges, managers are developing new institutional designs, which include multi-firm collaborative networks and self-managing teams (ASTD Press, 2006). Managers have come up with creative ways of thinking and addressing a firm’s management processes and strategies, encompassing new methods of talent management, performance management, ethical leadership, and entrepreneurship. This paper will seek to discuss about business management of an organization by looking into prospects like strengths of a future manager.

Strengths as a Future Manager As a manager in the future, one must cultivate strengths that consist of the ability or position to find and capitalize on an employee’s unique characteristics. Generally, great managers revolve one guiding principle, which seeks to understand how to transform an employee’s unique traits or talent into satisfactory performance. This is so because, the way to success follows the ability to change unimaginable trait into a realistic action (Drucker, 2012). In addition, for one to become a successful manager in the future, he or she must possess strength of inspiring employees.

Inspiration, according to business analysts, is a crucial yet a rare aspect of management. Strong managers are brilliant enough to spot the unique differences that separate certain employees from others and have the capability to lead via example (Cherry, Connor, & Earner-Sparks, 2011). Leading as an example act as an inspiration on the side of employees. Inspiration plays a pragmatic role in achieving the set goals of an organization. The ability to lead is an atypical thing as it is inborn.

As such, becoming a strong and successful manager in the future requires distinct optimism and keenness. A strong manager should therefore harness deep-seated belief in his actions (ASTD Press, 2006). Business sociologists claim that one of the biggest fears of a human being is the fear of the future. In modern-day leadership, managers traffic in the future. Analysts point out that managers can overcome the fear of the future by building confidence within themselves and passing it in their followers by investing clarity.

Future managers should focus on results, customers, teamwork, and advent decision making as well as problem solving (Mukherjee, 2005). Development Areas as a Future Manager Management development describes a structured process in which managers improve their competencies, knowledge, and/or skills through formal and/or informal learning systems with reference to the benefit of the individual and organizational performance. Areas where a future manager should resolve to develop include the field of experience, knowledge, career advancement, and decision-making process.

In order to face future challenges as a manager, one should dedicate their time to develop skills and abilities suitable for leading other employees effectively (Cherry, Connor, & Earner-Sparks, 2011). Specifically, when managers develop skills and abilities necessary for handling future challenges, existing pressures, and given assignments, organizations become successful. This happens because the leading managers have the relevant skills for executing tasks and responsibilities with minimum ease and time.

This shows that managers should develop skills an

...Download file to see next pages Read More
Cite this document
  • APA
  • MLA
  • CHICAGO
(“Business Management of Organization Assignment Example | Topics and Well Written Essays - 1000 words”, n.d.)
Business Management of Organization Assignment Example | Topics and Well Written Essays - 1000 words. Retrieved from https://studentshare.org/business/1458714-business-management-of-organization
(Business Management of Organization Assignment Example | Topics and Well Written Essays - 1000 Words)
Business Management of Organization Assignment Example | Topics and Well Written Essays - 1000 Words. https://studentshare.org/business/1458714-business-management-of-organization.
“Business Management of Organization Assignment Example | Topics and Well Written Essays - 1000 Words”, n.d. https://studentshare.org/business/1458714-business-management-of-organization.
  • Cited: 0 times

CHECK THESE SAMPLES OF Business Management of Organization

Organizational Management of Two Business Organizations

The assignment 'Organizational management of Two Business Organizations" focuses on the critical analysis of the organizational management of two business organizations.... hellip; At present, organizational management of any organization is a challenging task.... Effective management in an organization may bring positive outcomes to the organization's operations.... Organizational structure and organizational design-assist an organization to organize the people and tasks to meet the goals and objectives of an organization....
11 Pages (2750 words) Assignment

Organizational Resource Management and Business Strategy at Staples Organization

This study will focus on Staples organization; specifically covering its customers, suppliers, creditors, products, competition, capital structure, sales, profitability, and short-range and long-range outlooks.... hellip; Staples organization is a large chain store that deals in office pieces of equipment and has more than 2,000 stores in 26 countries across the world.... In regard to Staples organization customers, it is important to note that it serves its customers under its original name in the United States, United Kingdom, Brazil, India, Germany, Portugal, Austria, France, Norway, China, and Italy, while it operates subsidiaries in Canada, Belgium, Netherlands, and Argentina....
3 Pages (750 words) Case Study

Strategic Management business organization

Devising, implementing, and executing a company's strategy have become top priority managerial tasks in any business organization.... By organizational performance we refer to the ability of an organization to use its resources efficiently and to produce outputs that are consistent with its goals.... Strategic management is nonetheless one of the most crucial areas for business entities.... Stated simply, strategic management is the process of clearly defining a business organisation's goals and objectives while assessing its resources and strengths in order to formulate and execute strategies....
5 Pages (1250 words) Essay

Human Resource Management: Business organization

Another difficulty faced to organization regarding recruitment is that most of the firms do not carry out any form of job analysis, and less than a quarter overtly questions whether or not the vacancy needed filling or drew up a person specification.... According to Chandy (2001), a large number of organizations have encountered severe difficulties finding personnel in recent years....
11 Pages (2750 words) Essay

Business Management, Organizational Learning

5 Pages (1250 words) Essay

Business Management - Change Management and Organizations

The author of the paper discusses the main principles for the management of planning and change management based on Wal-Mart.... The management of change is really essential for effective and useful results.... During the change, the business leader needs to pay effective attention to the management of changes.... The paper "business management - Change Management and Organizations" focuses on the effectiveness of the change management system....
6 Pages (1500 words) Essay

Management in Organizations: Business Administration

Leadership brings productive changes in organization, thus the importance of change management and basic guiding principles are provided for management authorities to show self-example at their workplaces to put positive influence on their subordinates.... An essay "management in Organizations: Business Administration" discusses the principles of management by reviewing the concept of management in history as well as modern principles of management has been discussed that took the concept of management in almost every field of life....
13 Pages (3250 words) Essay

Business Organization and Management

Effectiveness means better response, ideal co-ordination with the aims and objectives of organization and greater adaptability to change (Ellinor and Gerard 31).... The management feels that they are in need of good communication skills so that they can get awareness to their staff's problems and their views regarding the organization.... It results in clear understanding, good production, healthy climate within the organization, willing co-operation among the various levels of management and general good will (Butterfield, et....
4 Pages (1000 words) Essay
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.
Contact Us