After reading this article you will learn about:- 1. Concept of Authority 2. Characteristics of Authority 3. Kinds. Concept of Authority: Authority means right (to command) and power to act. Authority empowers the superior to make a subordinate to do the work. Everybody in the organisation, from top to bottom, possesses some authority to secure cooperation from his subordinates. Authority [...]
This article throws light upon the five main factors influencing manager’s environment. The factors are: 1. Competition and the Global Economy 2. Ethics and Social Responsibility 3. Information and Technological Change 4. Employment Values and Individual Rights 5. Importance of Non-Profit Sector. Factor # 1. Competition and the Global Economy: Quite recently, Japanese management consultant Keniche Ohmae suggests that the [...]
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 people and they all have [...]