...THE ROLE OF MANAGEMENT IN ORGANIZATIONS What is management • Management is the process of achieving organizaAonal objecAves through people and other resources. TOP MANAGEMENT • Develop long range strategic plans for the organizaAon. • Inspire execuAve and employees to achieve their vision for the company’s future. Middle Management • Focus on specific operaAons, services or customer groups within an organizaAon. • Responsible for developing detailed plans and procedures to implement the firms’ strategic plans. Supervisory management • Implement the plans developed by the middle managers. • Responsible for non manager employees • MoAvate the workers to accomplish daily, weekly and monthly goals. Skills Needed for Management Success. • Technical Skills; Managers ability to understand and use the techniques, knowledge and tools and equipment of a specific discipline or department. ...
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...of managerial accounting -- The process of preparing management reports and accounts that provide accurate and timely financial and statistical information required by managers to make day-to-day and short-term decisions. Unlike financial accounting, which produces annual reports mainly for external stakeholders, management accounting generates monthly or weekly reports for an organization's internal audiences such as department managers and the chief executive officer. These reports typically show the amount of available cash, sales revenue generated, amount of orders in hand, state of accounts payable and accounts receivable, outstanding debts, raw material and inventory, and may also include trend charts, variance analysis, and other statistics. Also called managerial accounting. Management accounting is a profession that involves partnering in management decision making, devising planning and performance management systems, and providing expertise in financial reporting and control to assist manage- ment in the formulation and implemen- tation of an organization’s strategy. Management accounting’s essential compo- nent is the formulation and implementation of strategy to help an organization succeed. Role of managerial accounting and the management accountant in a business or organization --- Managerial accountants record financial information for their companies that is used by the organization’s management team to aid in the decision-making process. Managerial...
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...The 21st century has evolved for the better in the fight against crime, freedom and justice for everyone. The justice and security have evolved two keep up with the changes in technology, and new laws that are passed every year. The laws allow new forms of promoting justice throughout the country as crime increases and changes. Justice and security are working together to solve cyber-crimes, enforcing laws of the land, and to fighting terrorist. Balancing the justice and security is an important perception in criminal justice. It provides a guide to the administration in decision on the operation of justice and security to make sure that all laws that are enact is balanced for the benefit of everyone in the nation. By during so it helps to sustain justice for all those involved and to ensure that laws shares powers and resources evenly by everyone in the county. Justice gives everyone equal protection under the law and punished those who violates the laws that have been enacted. Punishment will be determined by the type of crime a person has committed against the humanity. The laws make it easy to eliminate some crimes and ensure security to all. The Constitution does protect the right of the accused to guarantee that the offender rights are protected and not violated by all new and old laws that have been enacted. Punishment of the offender in the justice system and offering security the innocent help balance the administration of justice and security. The issues involving...
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...HCS 325 Week 1 Individual Assignment Roles and Functions Paper Get Tutorial by Clicking on the link below or Copy Paste Link in Your Browser https://hwguiders.com/downloads/hcs-325-week-1-individual-assignment-roles-functions-paper/ For More Courses and Exams use this form ( http://hwguiders.com/contact-us/ ) Feel Free to Search your Class through Our Product Categories or From Our Search Bar (http://hwguiders.com/ ) Roles and Functions Paper Today’s health care needs a manager who has understanding of management and the skills needed to manage within the health care environment. This management refers to activities included in planning, organizing, leading and controlling of an organization. The manager must respond and adapt to the changes in an organization required by the needs of the patient population it serves. Managers must be accountable not only in decision-making, but productivity, cost containment, safety, confidentiality, etc. An effective manager must be accountable, create a quality work environment, and understand the value of a diverse workplace as well as other important functions that contribute to effective management. Although the roles of manager vary, all managers in any health care organization or any organization for that matter must manage effectively using the management process, being accountable for themselves and others, using the principles of effective time management, networking, recognizing and supporting the department...
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...ACCOUNTANCY SUBJECT: MANAGEMENT TUTORIAL ASSIGNMENT STREAM 1D: GROUP 3-SUB-GROUP 1 GROUPMEMBERS: REG.NO: NDEMEKA, RENATUS. BAC/12/71432 MAKOLO, ALEX E. BAC/12/71337 CHARLES, PAMELA. BAC/12/61122 MORI, FADHILA J. BAC/12/61545 CHISUNGA, PAZI. BAC/12/71202 SEIF, SAADA AB. BAC/12/61153 MATTA, MICHAEL W. BAC/12/71131 QUESTION: Management can be thought of as multi-dimensional in nature. It can be defined as a process, as discipline, people and career. Clearly distinguish between managerial functions and managerial roles. How are they related? Introduction: The word’’ manage’’ comes from the Italian maneggiare {to handle especially tools}, which derives from Latin word manus{hand}.The French word mesnagement[later management]. It is very difficult to define the term management but different scholars tried to define management as follows; According to Harold koontz; Management is the art of getting things done through others and with formally organized groups. According to Bovee; Management is the process of achieving organizational goals through planning, organizing, leading and controlling the human physical financial and information resources of an organization in an effective and efficient manner. According to Mary Partner; Management is the art of getting things done through people. Generally; Definition of Management can be explained in multi-dimensional process because...
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...Running Head: HUMAN RESOURCE MANAGEMENT ROLES Human Resource Management Roles Rosa Greer Instructor: Gina Drake HCS/341 Human Resource Management Roles Human Resource Management roles play a major part within health care organizations. These roles determine many factors that go along with these organizations and how these organizations are ran. Human Resource Management helps healthcare organizations maintain a great relationship between the employees and their organization. There are many challenges that health care organizations face when dealing with human resource management and their functioning roles. Human Resource Management plays a vital role in the effectiveness and success of health care organizations. Effective management of human resource departments in health care organizations is important and so are the roles and functions. Recruiting clinical and non clinical staff, providing opportunities for professional development, the upkeep of staff morale and being able to deliver quality health care services to patients are roles that human resource departments look forward to. These functions are carried out by human resource management and handed down to those in human resource departments by management. According to RNDegress.net, “Human Resource Management functions include hiring, employee orientation, counseling, labor mediation, claims handling, workplace safety and staff morale and retention” (RNDegrees.net, N.d) just to mention a few. These responsibilities...
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...Management Roles in Human Resources Vicki Sellers HCS/341 February 20. 2014 Marcia Mueller Management Roles in Human Resources Human resources in any organization are key in how management and employees interact with one another, among many other essential responsibilities. The human resources department is charged with the tasks of hiring and firing employees as well as ensuring company’s rules and policies are followed. They are also instrumental helping management and employees communicate and work together more effectively. Management roles with in human resources are important in all companies, but within the health care industry, their responsibilities are even more vital. In the health care profession where these employees are responsible for the lives of people entrusted to their care, having clearly defined management roles within human resources is necessary for the success of the organization and the wellbeing of their patients. Management Roles Management roles within human resources are many and each one provides a valued strength not only to the organization but also to the people they serve. One of the roles that management plays is that of goal setter or planner. Managers are charged with the responsibilities of setting reasonable goals for the employees as well as for the organization. These goals include but are not limited to the financial success of the organization, goals for better safety practices, and plans to improve the quality of care or customer...
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...(BWK1307A) Unions and management are two crucial components for any organization. Also, management and unions play a crucial role in any organization. However, some unions feel that the organization does not compensate its members fairly, or that the organizational working conditions are less than desirable. Conversely, some employers feel that unions interfere with management decisions and impede on a positive relationship between managers and employees. There may be some truth to both perceptions. However, management and unions need to come together and achieve a great healthy work environment for everyone who is involved with the organization. So, this paper will briefly describe the role of management in an organization, discuss the role of a union in an organization, will describe two strategies/actions an organization can implement to create and maintain a conducive, working relationship with unions as well as explain two strategies/actions a union can implement to create and maintain a conducive, working relationship with management. First, the role of management in an organization is very important. Management has many responsibilities in an organization. Management helps an organization to become successful. Without the use of management the organization will not be successful. Management is also the ones who are responsible for conducting actions linked to hiring, employee training, compensation, evaluation etc… (DeSilva, 1997). Management also has a huge responsibility...
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...PLANNING AND MANAGEMENT COURSE CODE: LDP 601 COURSE TITLE: FUNDAMENTALS OF MANAGEMENT LECTURER: DR. HARRIET J. KIDOMBO NAME: WAMBUGU SAMUEL MWANGI REG. NUMBER: L50/68096/2011 DATE OF SUBMISSION: 18TH FEBRUARY, 2012 TABLE OF CONTENTS Introduction ………………………………………………………………………………….3 Managerial Roles …………………………………………………………………………….4 Importance of Management to an Organization …………………………………………..…7 Conclusion ……………………………………………………………………………………8 REFERENCES ………………………………………………………………………………9 ROLES AND IMPORTANCE OF MANAGEMENT AS A RESOURCE TO AN ORGANIZATION 1. INTRODUCTION Management is a necessary evil of any business. It provides the leadership and administration that will ensure that the organization runs the way that it should. According to the online business dictionary (2011), management is defined as the organization and coordination of the activities of an enterprise in accordance with certain policies and in achievement of defined objectives. It is the process of using organizational resources to achieve organizational objectives through planning, organizing and staffing, leading, and controlling. Management is an essential factor of production along with machines, materials, and money. As a discipline, management consists of the interlocking functions of formulating corporate policy and organizing, planning, controlling, and directing an organization's resources to achieve the policy's objectives. Management can also imply...
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...strong management personnel. Much like a family, a business requires continual interaction and guidance from decision-makers while progressing through internal and external situations that positively and negatively impact short and long-term goals. According to Robbins and Coulter (2012) they express the concept of universality of management as, “management is needed in all types and sizes of organizations, at all organizational levels…work areas, and in all organizations, no matter where they’re located” (p. 17). Management’s functions at each organizational level are to plan, organize, lead, and control within their operating area of responsibility. Regardless of the management level or business construct, managers will be needed to serve in some capacity of interpersonal, informational, and decisional roles throughout the daily functions at all levels within the organization. Interpersonal Every achievement in life started from an idea in the past, those ideas and the path taken to accomplish them started with an interpersonal relationship from a parent, teacher, mentor, or a manager. Managers in the interpersonal role set the example, positively influence subordinates behaviors, and daily represent the entire organization when dealing with external entities such as professional organizations, politicians, and society as a whole. Take, for example, the National Football League, society often labels the entire team based on the interpersonal roles of key...
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...eleven functional areas of business, including management, law, human resource management, leadership, accounting, finance, economics, research and statistics, operations management, marketing, and strategic planning. In order to succeed in business, the organization must bring together the functional areas accordingly to achieve organizational goals. A critical role in any business is the manager. The manager plays an important part in utilizing each area to align the organization collectively towards economic prosperity. In this paper, I will examine the role of the manager in each of the functional areas of business. A business organization is a very complex structure. In order to be successful, a business needs to coordinate and organize many areas within the organization to achieve its mission. According to the University of Phoenix’s MBA Overview Model (2014), the functional areas of business include management, law, human resource management, leadership, accounting, finance, economics, research and statistics, operations management, marketing, and strategic planning. An essential component to any business that intertwines the functional areas is the manager. The role of the manager plays an important part in utilizing each area to align the organization collectively towards economic prosperity. In this paper, I will analyze the role of the manager within each of the functional areas of business. “Management and organization lie at the heart of performance of both individual...
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...Management Roles Organization is a social entity or group that has common goal but with the different individual functions. Organization exists to achieve goals but there is always need to set these goals, the method to achieve these goals. For this purpose we need to set management roles. So every person should know his or her responsibility on their level. Management roles comprised of interpersonal, informational and decisional roles. Let’s see how these roles work individually. Interpersonal Role – in this role manager are responsible to maintain their dignity and social behavior so that everyone can praise him and leave the image of good and effective manager in everyone’s mind. Manager should know how to motivate and direct the employees to achieve goals. So he should have the leadership qualities in himself. Making contacts with the outside world to get the information to achieve goals is very much important part of the managerial role. Informational Role – in this role there is interchanging of information is done. A person belongs to the organization spread knowledge about the plans and achievements to the outside world and collects feedback and information so that we can come to know about our negative things or maybe we can do better. Through this we can come to know what and how the taste of the people is changing. For example in IT, now we have cloud backup instead of room full with big head CPU’s. This change occurs because of the people demands. Decisional...
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...an increasing need for human resource management to be able to capitalize and gain on the challenges that this changing environment will bring. For a company to be able to successfully stay ahead of its competition, human resource management has to be seen as a significant contributor within the company. Human resource management will face many challenges and will operate in a constant environment of change. Two of the most important challenges to the role of human resource management in the future is the capacity to develop and utilize a new set of competencies to fulfill the changing roles and the ability to move to a strategic human resource. In this assignment I will outline how each of these areas have developed to become two of the most important changes for Human Resource Managers and why I believe they are critical to the success of an organization. Strategic Human Resource Management The literature on the changing role of human resource management stresses the requirement to move from an administrative support function, or the more traditional human resource operational management model, to a strategic and facilitative role. To sustain the transformation of the human resource functions to a Strategic Human Resource Management model; it will require human resource professionals to develop a new set of competencies to fulfil this role. Strategic Human Resource Management Defined Strategic human resource management encompasses functions, which focus on...
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...Management in business and organizational activities is the act of coordinating the effort of others to achieve a desired goal. The coordination of these efforts is carried out using the available resources efficiently and effectively. The continued sustainability of business depends on effective management of the present combined with imaginative visions for the future. On one hand, one need to optimize processes, organizational structure, staffing procedures, and the like, to be faster, more cost efficient, and responsive to current markets. To achieve organizational objectives, businesses must access their vision, encourage innovations, and be willing to adjust or change strategies, products, and markets. The functions of management relate to those activities that help in the value addition and also in achieving the goals and objectives of the organizations. Some of these functions can be production, purchasing, selling, advertising, financing and accounting. Managers are seen as members of these organizations to perform these functions for the organization to help accomplish the goals and objectives. Managers are therefore needed by organizations for their skills and abilities to perform these functions. Manager which has already been found out performs many various roles in business organization. Very often they arise as a result of existence of certain behavior patterns which function in external and internal environment of the company and are related with position of...
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...Human Resources Management Roles Sandra Graves HCS/341 Human Resources in Health Care August 26, 2013 Gregory Guntly Human Resources Management Roles The roles of the human resource management are paramount for a successful organization. There are nine functional roles that human resource management is responsible for in order to make the organization successful. The roles that will be discussed below are: 1. Recruitment and selection 2. Compensation and benefits 3. Regulatory compliance 4. Risk Management 5. Employee relations 6. Labor relations 7. Training and Development 8. Employee Health and Safety 9. Performance management Each of these roles has a specific impact on an organization and its employees. These roles must be understood, implemented and followed in order to be beneficial to the organization. Recruitment and selection is very important in the human resources role. When recruiting and selecting candidates, the recruiter needs to be specific about the candidates to ensure that a candidate has the specific requirements for a job. Many human source recruiters are now resorting to internet alerts and searches in order to recruit candidates. This process goes along with the technological advancements and will allow recruiters to gather a larger and more qualified pool of candidates. Human resource management staff needs to determine the appropriate compensation and benefit packages for employees. This is necessary to be competitive in...
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