¶ … Managers Benefit
How Todays Managers Benefit
How can managers of today's organizations benefit from an understanding of the different philosophies and observations that have been made regarding management over the years?
Over the last several years, management decisions have been increasingly brought to the forefront. Part of the reason for this, is because there have been a number of different high profile scandals involving the kinds of choices that were made. A good example of this can be seen by looking at Enron. Where, managers knowingly engaged in a variety risky projects that cost them tens of billions of dollars in losses. To hide them, they would create special purpose entities that were off the books. In the course of time, this led to the eventual accounting scandal and downfall of the company. This is significant, because it is illustrating how these types of actions of created an environment that allowed these kinds of decisions to occur. (Seabury, 2009)
As a result, executives need to understand the most appropriate strategies and observations in the field of decision making. This will improve their ability to effectively respond to a number of different situations. While at the same time, it is creating an atmosphere where there must be a set of ethical guidelines that everyone can follow. To achieve these objectives requires: understanding the various philosophies and insights from some of the top managers over the years. Once this occurs, it will offer how an organization specific ideas, as to how it can be able to apply these basic principles to their own business.
Over the course of time, there a have been a number of different philosophies that have been applied to wide variety of firms. A few of the most notable include: finding creative ways to motivate employees, always be willing to seek out new ways to improve your underlying products / services, address the needs of customers and evaluating the impact of your activities on the bottom line. As far as seeking out ways to motivate employees, the most successful organizations will provide them with different forms of compensation that are competitive. While at the same time, they are trying to...
Countering this argument of ethical responsibility is the fact that many companies mentioned in the article have intensive pricing, product development, service and support pressures on them. Yet, given the efforts placed in planning their businesses and the intensive processes in place for financial forecasting, the costs of fulfilling these financial commitments to employees must be included in all strategic plans. To not pay these benefits is comparable to not
manager." The introduction describe " -development important a manager mix a bit coaching theories ( I a coaching I techniques Kolb' learning cycle techniques fuore managers improve ), I a part body essay real life examples managers coaching techniques -development successful ( describe techniques ). The importance of self-development in becoming a manager Self-development is defined first and foremost as an overall holistic desire to find one's freedom and the desire
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Managers earning organisations 21st century a broader range Skills, Knowledge Attributes succeed. Issues rapid change, shifts management thinking, understanding global context, continuous improvement ongoing leadership development impact aspiring manager. KSAs of the 21st century workforce Why KSAs are important At the beginning of the 20th century, the knowledge, skills, and attributes of workers were defined in a relatively concrete, fixed, and limited fashion. In factory systems of mass production it was demanded
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