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Mamagement

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Submitted By wildewz
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Successful managers’ qualities
Introduction
Management aims to improve effectiveness and efficiency. Different managers use different ways to achieve this aim. There have been many studies and theories explaining how to become a successful manager to achieve high management performance. Planning, organizing, controlling, staffing and leading have been stated as the basic function of managers (Daft, 2012). However, these functions are not enough. Today, the business world is filled with many uncertainties and dynamics. There are increasing challenges that a manager might confront. The new business world requires managers have more qualities to support their management work (Lepsinger, 2004). This essay will present the key traits and qualities that a successful manager should have in modern business world, with some examples from real business world.
Planning
There are many competitors in any industry today and the external environment is changing fast due to technology development, media influence or economic change (Daft, 2012). In such a background, it brings many difficulties to managers. An effective and capable manager should have strategic thinking and planning ability. McKenzie et al (2011) states agile and sound decision making is one of the core strategic capabilities of companies. A successful manager would effectively predict the development and changes in the business environment, and make active response to the future change.
Take Liu Chuanzhi, the CEO of Lenovo for instance. Since Lenovo was founded in 1984, he has decided that quality and innovation are the orientation of the organisation, while many Chinese manufacturing companies were still focused on mass production at that time. In the beginning of the 21st century, when many Chinese manufacturing companies have done original equipment manufacture for other foreign companies in the computer

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