Archive | Manager

Success of a Manager: 9 Factors | Organisations | Management

This article throws light upon the nine main factors that determine the success of a manager. The factors are: 1. Ability to Think 2. Technical Ability 3. Clear Expression 4. Knowledge of Human Relations and Behaviour 5. Broad View 6. Organisational Ability 7. Moral Integrity 8. Good Salesmanship 9. Dynamic Personality. Factor # 1. Ability […]

Obligations of Managers towards Society | Managers | Company Management

After reading this article you will learn about the responsibility of managers towards different segments of the society. Responsibility towards Shareholders or Owners: In case of a company, the directors have the following responsibilities towards the shareholders: 1. Shareholders are a source of funds for the company. They expect a high rate of dividend on […]

Top 7 Functions of Finance Manager | Manager | Financial Management

This article throws light upon the top seven functions of finance manager of a company. The functions are:- 1. Custodian 2. Planning Procurement and Investment 3. Credit and Collection 4. Loans and Advances 5. Tax and Insurance 6. Payroll 7. Bond Transfer and Disbursements. Function # 1. Custodian: Functions relating to the supervisor of cash […]

Role and Responsibility of Personnel Manager | Personnel Management

After reading this article you will learn about the role and responsibility of personnel manager. Role of the Personnel Manager: Personnel manager plays following roles in most of the modern enterprises: 1. Consultant: Frequent visits are paid by the employees with their problems, misunderstandings about their employees etc. to the personnel manager. He gives them […]

Impact of Changes on the Future Managers | Problems | Management

Future managers will have to face the following problems: 1. Increased Complexity of Decisions 2. Outlook for Management Education 3. Insufficiency of Existing Organisation Structure. 1. Increased Complexity of Decisions: The decision-making process will become more complex in the future because of two important reasons. The first reason is that managers are getting more and […]

Selection of Business Unit Managers | Company

In this article we will discuss about the criteria for selection of business unit managers in a company’s portfolio with the help of BCG matrix. 1. Question Marks: Its primary goal is growth. These businesses require entrepre­neurial managers capable of creating new products and developing new markets. For such tasks, individuals with product development, market […]

6 Main Functions of a Marketing Manager | Marketing Management

The following points highlight the six main functions of a marketing manager in a company. 1. Determining the marketing mission for both the long and the short terms in the light of the overall company objectives such as market expan­sion, market diversification, product and services diversification, higher return on investments, etc. 2. Planning the marketing […]

5 Skills Needed for becoming a Remarkable Manager

Some of the most essential skills required for becoming a remarkable manager are as follows : 1. Technical Skills 2. Interpersonal Skills 3. Conceptual Skills 4. Diagnostic Skills 5. Analytical Skills. 1. Technical Skills: Technical skills are required to perform specialised tasks much as those of project engineers, physicians and accountants. These are all professional […]

Top 5 Duties of a Manager

This article throws light upon the top nine additional functions of a manager in an organisation. Some of the additional functions are: 1. The Manager Assumes Responsibility 2. Manager has to Achieve a Balance among Competing (and often conflicting) Goals 3. The Manager is a Conceptual Thinker 4. The Manager Works with and through other […]

Roles of a Manager in an Organisation | Management

After reading this article you will learn about the managerial, interpersonal, informational and decisional roles of a manager in an organisation. Managerial Roles of a Manager: While analysing the nature of managerial work, Henry Mintzberg, by closely observing the day-to-day activities of a group of chief executive officers (CEOs), suggested that the formal authority granted […]