StudentShare solutions
Triangle menu

Managerial roles has changed last 5 years - Essay Example

Nobody downloaded yet

Extract of sample
Managerial roles has changed last 5 years

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 ...Show more


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.
Author : lucie36
Managerial roles has changed last 5 years
Read Text Preview
Save Your Time for More Important Things
Let us write or edit the essay on your topic
"Managerial roles has changed last 5 years"
with a personal 20% discount.
Grab the best paper

Check these samples - they also fit your topic

How the Role of the Organizational Trainer Has Changed in the Last Ten Years
The training and development environment within the context of an organization has changed immensely since the start of the twenty first century. In the conventional sense, organizational trainers were often regarded as instructors. They were specialists in various disciplines that made them to obtain training towards the end of their careers
10 pages (2500 words) Essay
'How has the study of literature changed over the last 100 years'
This report describes only its popularity with time. Literature has always spoken to the human soul, tempting it, soothing it, molding it, affecting it, guiding it, fashion it. It has always been the helper of human kind. People of old times used to find panacea and contentment in it.
6 pages (1500 words) Essay
How have archaeologists' attempts to interpret sex and gender relations in the past changed over the last thirty years
The topic is still not explored to the extent that perhaps it could be, the sub-themes considered a detail of exploration rather than the focus. One cause of the recalcitrant opinions on this topic is because it is generally assumed that the patriarchal society has been the dominant social structure throughout the existing cultures, thus to study gender relations is to evoke the same result through multiple societies (Bettina and Wicker 2001, p.
8 pages (2000 words) Essay
How Gender Roles Changed in the United States Over the Last Century
Gender roles refer to those duties and attitudes that are associated with a given gender, male or female. Thus, in the society, there are those duties and responsibilities that were expected to be the preserve of either gender. However, this has changed over the last century; in a way that saw a certain gender, get involved in duties and responsibilities in could not traditionally.
5 pages (1250 words) Essay
How Mass Media and Communication Changed Great Britain Over the Last Years
Mass communications comprise the techniques and institutions by which specialized social groups use technological devices like the films, newspapers, magazines, television, radio, internet among others, to disseminate symbolic content to widely dispersed and large heterogeneous audiences.
6 pages (1500 words) Essay
How has McDonald's change in the last 5 years in UK
They introduced "Speedy Service System in 1948 and this is termed as the first model of fast food culture. The present corporation was started by a renowned businessman in USA Ray Kroc in 1955. Later he had purchased the stake of Dick and McDonald. From the beginning itself company has been expanding its network using a franchisee concept.
16 pages (4000 words) Essay
The treatment of vertical agreements in EC competition law has changed significantly during the last ten years
In order to evaluate the change in the approach to vertical agreements in EC Competition law which occurred over the last ten years, it is necessary to explain of Article 81 EC, the requirements for the exemption under Article 81(3) and under Commission Regulation 2790/99 on vertical restraints and considering old regulations and relevant case law1.
15 pages (3750 words) Essay
Discuss the argument and evidence for the view that the roles of women and men in the family have changed significantly over the past 50 years
Women are no longer considered as domestic labors and are given the status of equality in most of the modern societies. The article discuss the roles of both men and women in terms of domestic labour change, childcare, dual career
14 pages (3500 words) Essay
Evaluate 2 aspects of effect of globalization in India in the last 5 years
The globalisation had two major impacts the first, in terms of inflows and outflows of foreign direct investment (FDI) and second, the burgeoning
4 pages (1000 words) Essay
How you have experienced social change in Qatar over the last 5 years or so
For instance, Qatari female athletes experienced many challenges associated with religion, family, and developing gender dynamics. However, this has changed as the number of women participating in athletics has increased (Overman & Sagert, 2012).
1 pages (250 words) Essay
Comments (0)
Click to create a comment
Let us find you another Essay on topic Managerial roles has changed last 5 years for FREE!
Contact us:
Contact Us Now
FREE Mobile Apps:
  • About StudentShare
  • Testimonials
  • FAQ
  • Blog
  • Free Essays
  • New Essays
  • Essays
  • The Newest Essay Topics
Join us:
Contact Us