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Management

Submitted by jh032910 on May 5, 2005

Category: Business
Words: 1818 | Pages: 8
Views: 729
Popularity Rank: 10,429
Average Member Grade: N/A (Add a Comment / Grade this Paper)

1654 words
Describe the key developments in management thinking and practice in the modern era. Discuss and analyse the roles, responsibilities, skills and qualities that are demanded of managers in the 21st century. Explain what you see as the single most important challenge likely to face managers in the next 10 years.

Illustrate your points with reference to organisations and situations with which you are familiar.

Over the years, the workplace has been the recipient of huge change. Those who work in the workplace have had no choice but to change with the times. A revelation of change has been seen in the world of management. Theories of management that have been passed down through the centuries have, in some cases, had to be re – thought to fit in with an increasingly changing world of business.

One simple rule of management has remained. Managers must have a strategy set out and they must have a plan on how to execute the strategy. In the twenty first century, management is defined as ‘The attainment of organisational goals in an effective and efficient manner through; Planning, Organising, leading and controlling of organisational resources.

In order to plan, managers must choose goals and decide on the ways the company will attain them. These goals may be set out in some way in company policy or in a mission statement, but a manager must be able to put these goals into practice in a local environment with customers and a personal environment with staff members. This is where management's conceptual, human and technical skills come into play.

Moving organisations from current to future changed states is not easy and requires skills and knowledge some managers do not possess. The idea of ‘Change or Die' is evidence that leaders have recognised the need to change. Managers know that companies must be fast, flexible, responsive, resilient, and creative to survive. Most...

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