Management denotes a process of doing things via individuals, by means of their participation. It entails planning and direction of efforts, together with the organization and application of material as well as human resources, for achieving preset goals. One can determine administrative functions in the overall management context. Actually implementing everyday business decisions and strategies necessitates the application of certain admin actions which might be allocated by management to administrative or executive officers. Management responsibilities might also extend to cover, besides overall organizational running, exclusively administrative tasks. Corporate departmental leaders’ regular day at the office may incorporate a blend of generic management duties and comprehensive administrative tasks (Liebler and McConnell, 2016).
Societal recognition of the managerial role’s salience is associated with the encountering of progressively greater expectations and challenges. Hence, the challenges managers are confronted with in the present day (and which they will confront even in the near future) reflect the unpredictability and swift changes occurring in the current era of the corporate environment. A majority of companies have endured and enjoyed success owing to their managerial staff’s outstanding organizational capability. Therefore, executives who look carefully into and constantly monitor management challenges and problems will be able to most positively impact their firm. On the other hand, corporations housing a defiant and unskilled workforce unready and incompetent when it comes to tackling such problems and challenges will end up losing their market share to rivals and being forced to close down (Ngige, 2014).
Sound management has immense positive effects with regard to tackling corporate challenges. Modern-day companies are forced to handle innumerable radical changes, trials and forces. Management responsibilities have expanded to integrate the improvement of resource productivity, direction of resources towards where desired outcomes can be achieved,...
References
Liebler, J. G., & McConnell, C. R. (2016). Management principles for health professionals. Jones & Bartlett Publishers
MSG Experts. (2015, May 19). MSG Management Study Guide. Retrieved September 18, 2017, from http://www.managementstudyguide.com/competition-strategy.htm
Ngige, C. D. (2014). The Challenges Facing Management Today and Tomorrow. COOU Interdisciplinary Research Journal, Vol. 1, No. 1. Retrieved September 18, 2017, from http://www.coou.edu.ng/journals/
River Logic. (2016, May 20). The River Logic Blog. Retrieved September 18, 2017, from https://blog.riverlogic.com/working-capital-management-two-challenged-how-to-address-them
Sullivan, J., Dr. (2016, September 26). Increasing Employee Productivity: The Strategic Role That HR Essentially Ignores. Retrieved September 18, 2017, from https://www.ere.net/increasing-employee-productivity-the-strategic-role-that-hr-essentially-ignores/
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