Role of Managers Research Paper Example | Topics and Well Written Essays - 2000 words

Role of Managers - Research Paper Example Different organizations have different management styles and organization cultures. There has been rapid innovation and changes in the field of management. The increasing technological changes and advancement along with whole new sets of concepts and working principles have made the task of management biggest challenge in today’s corporate world. FOUR JOB FUNCTIONS OF MANAGERS: The four job functions of managers are (Tripathi & Reddy, 2006): 1. Planning 2. Organizing 3. Leading 4. Controlling Planning: The first element of the management and job function of managers is planning. It is the duty or responsibility of the manager to plan and set the goals and targets for the organization. Along with this function of planning also includes strategies and methods about how the goals and targets will be achieve. Hence, the two most important and critical elements of the planning function are: setting up of goals and targets and implementing the planning about the aims and objectives. Organizing: The second job function or responsibility of the managers is organizing. The responsibility for the organization of the company is placed on the managers. This responsibility or duty includes the organization of all resources including people or human resource. ... Leading: It is important to understand that there is difference between management and leadership. The management is associated with only managing the employees, ensuring that whether the task has been done on the right time, and that all policies and rules are followed. On the other hand the process leadership involves motivating and encouraging employees to perform well. Along with this the leader guides the employees in order to achieve the targets and goals of the company. An effective and efficient manager is one who is also able to lead the employees along with managing them. For this purpose it is essential for the manager to identify elements which motivates and encourage the employees. Controlling: The last job function of the manager is controlling. It includes the process of monitoring and evaluating the overall performance of the organization. This function is necessary in order to ensure that the overall organization is on the right track and is working to accomplish the goals and targets. Apart from this it is also the responsibility of the manager to do cost versus benefits or performance analysis for different projects and activities undertaken by the organization. KEYS TO SUCCESSFULLY CARRY OUT MANAGEMENT RESPONSIBILITIES: In order to be able to successfully carry out and fulfill the duties and responsibilities associated with managers it is required to understand the process of management. The mangers should be competent enough to perform all the required tasks and job functions. Management is not an easy task, it involves different responsibilities including, planning, controlling, leading, organizing, staffing, and many more. Managers have to understand that the task of management is basically a balancing act in which one has to balance several