...Managers are generally the head of a department or functional area within an organization, for example marketing, operation management or human resource management. They have specific responsibilities depending on the needs and wants of the organization. The job description of a manager varies from organization to organization. However, the role of managers within the functional areas of a business involves planning, organizing, leading and controlling. According to French and Henning (1966) showed that the traditional definition of one functional role, of a personnel manager, is misleading. Their study of the personnel manager in twenty five firms revealed that: he does not have the same degree of authority in each area of his responsibility and his authority varies from one type of decision to another even with a single area of responsibility (Henning and Mosely, p. 482. para. 2.). The type of a manager holds has some influence on the perceived importance of the managerial roles. According to the functions approach, a manager performs certain activities or functions as they effectively and efficiently coordinates the work of others. The job of a manager may include several different specialties and require behaviors that are neither dramatically different nor exactly the same as any particular functional specialist (Pavett and Lau, 1983, p. 175). The role of a manager is specific action or behavior expected of and exhibited by him. The manager’s role involves such functions...
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...The role of a manager within the functional areas of business Amir Yousef MGT/521 December 8, 2014 The University of Phoenix Abstract “When a business has implemented a successful planning process, every employee can see a clear link between the overarching company direction and the work they perform.” (Capezio, P. J.) The role of a manager within the functional areas of business Introduction “When a business has implemented a successful planning process, every employee can see a clear link between the overarching company direction and the work they perform.” (Capezio, P. J.) According to Robbins and Coulter study (2012), the management concept can be defined as an individual who coordinates and oversees the work of other people so that organizational goals can be accomplished in an efficiently and effectively manner. This efficient and effective aspect of the managerial process requires that managers are doing the right thing in the right way (Robbins and Coulter, 2012). So the role of manger is to help others doing their work. However, the managerial part of the management process is addressing Mintzberg’s theory, which explains what managers do at work through specific actions. A manger should be capable of performing all facets of the managerial functions of planning, organizing, leading and controlling in any organization (Robbins and Coulter, 2012). A Functional Manager is in charge of a specific business unit. direct, technical supervisor Here...
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...Name: Institution: Tutor: Course: Code: Date: Introduction. Business analysis is the art of understanding business change needs, determining the business impact of those changes, capturing, analyzing and coming up with recommendations to ensure that business is running smoothly (Cadle, Eva, Hindle, Paul, Rollason, Turner, Yeates, (2014). Business analysts play a crucial role in the life of any organization. The job description of business analysts varies from organization to organization and also from one project to another. There are many titles of business analysts that is, business process analyst, IT business analyst, Business system analyst and functional architect just to name a few. Business analyst are involved in the identification of potential problems, needs and opportunities at all levels of an organization. Their primary task is to make sure that solutions are found to tackle the needs or business problems and in turn help the organization to achieve its goals. Therefore, the roles of a business analyst in an organization are: to clearly understand what the business entails and how it operates. Secondly, they determine and come up with ways of how to improve and optimize the existing business processes. Analyst identify opportunities for improvement in business operation and processes by researching, documenting and analyzing business needs and requirements (Blais, (2012)). Business analysts solve business problems. They are the one who determine which process or...
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...Understand how businesses are organized to achieve their purposes In every business there is a set target or desired outcome that the business/organization wishes to achieve, and in order to achieve these aims or objectives there is placement of various strategic plans which contain details regarding the kind of action which needs to take place in order to meet those aims and objectives. Within this essay I will be analyzing two contrasting business and their organizational structures, strategic plans, aims and objectives and the specific actions both organizations intend to take in order to ensure these targets or aims are met. The two organizations which will evaluated are Tesco plc which is a profitable national organization and Mid Kent college which is a national not for profit organization. In order for employees working within Tesco's to be aware of what authority to answer to or what position they are in, there is a organization structure placed. An organizational structure is a visual presentation that shows how each of the workers within a business are organized and relate to each other as well as, who has authority over each division of work and the role that each worker has. There are various types of organizational structures such as: * Hierarchal Structure: A hierarchal structure has a layer format where people in the higher layers have more authority than those in the lower layers. * Horizontal/flat structure: A flat structure has fewer layers and...
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...Abstract This paper will analyze some of the roles of a manager within the functional area of business. The areas I will be discussing will be Human Resource (HR) Management and Leadership. In the functional area of human resources, an effective leader or manager plays a very important role in ensuring smooth and efficient functioning of the HR department. In today's times, human resource management is not just considered a routine function, but an integral element of the strategic plan of an organization. HR managers and leaders are extensively involved during the strategic planning stage. An effective HR leader or manager ensures smooth and efficient alignment between the HR strategy and overall corporate strategy. He or she ensures that the goals of the HR department are well aligned with corporate philosophy, mission, vision and goals of the organization. The manager or leader has to display strong leadership skills for ensuring smooth integration of the HR department's strategies and action plans with other departments or functional areas of the organization. HR department deals with the most important asset of an organization, ie, human resources. Hence, an effective leader is required to lead this department because such a leader can lead the employees of the organization in the right direction. HR managers and leaders should display strong leadership skills in order to guide and motivate employees in the organization. Human resource management...
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...CHAPTER 1 THE CHANGING ROLE OF MANAGERIAL ACCOUNTING IN A DYNAMIC BUSINESS ENVIRONMENT Learning Objectives 1. Define managerial accounting and describe its role in the management process. 2. Explain four fundamental management processes that help organizations attain their goals. 3. List and describe five objectives of managerial accounting activity. 4. Explain the major differences between managerial and financial accounting. 5. Explain where managerial accountants are located in an organization, in terms of formal organization, deployment in cross-functional teams, and physical location. 6. Describe the roles of an organization's chief financial officer (CFO) or controller, treasurer, and internal auditor. 7. Briefly describe some of the major contemporary themes in managerial accounting. 8. Understand and explain the concepts of strategic cost management and the value chain. 9. Understand the ethical responsibilities of a managerial accountant. 10. Discuss the professional organizations, certification process, and ethical standards in the field of managerial accounting. Chapter Overview I. The Management Process in Organizations A. What is managerial accounting? B. Management activities 1. Decision making 2. Planning 3. Directing operational activities 4. Controlling II. How Managerial Accounting Adds Value to the Organization A. Provides information...
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...of money from a venture capitalist. The venture capitalist and Nathan Jr. are predicting 100 percent growth in five years. To achieve that growth, productivity will need to increase at a similar rate. Therefore, this proposal provides a suggested business model update. Further, the functional areas updates are indicated to assist the business model to predict, plan, and implement future growth and profits. This proposal describes ideas for McCray’s updated business model. Executive Summary Here In Alabama today there are approximately 200 foundations that provide grant funding to a wide variety of nonprofit organizations for big or small. A significant portion of the grant funds provided by these foundations is given to nonprofits for educational and social service programs. Additionally, State and local government in Alabama regularly request proposals or applications from Alabama’s nonprofits to provide education and social service programs. But, competition for foundation and government agency funding is steadily increasing. Functional Area Plan: Accounting and Finance Accounting and Finance Manager Composition Just like anyone in the medical or law profession, accountants have to adhere to a code of ethics. They are responsible for tracking all financial gains and losses...
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...I. INTRODUCTION STYRATEGIC MANAGEMENT: DEAD OR IN DEMAND AS NEVER BEFORE A lot of companies are striving hard to get a place in business. A number of those that started die along the way due to lack of proper strategy. Yes, I do believe that organizations with proper strategy implemented and managed stand a better chance and have better competitive advantage over their counterparts. Strategic management is used by organizations to analyze and learn from their internal and external environment. It is about going forward (where to from here) It is about establishing a strategic direction. It is about establishing a strategic direction Strategic management is also about implementing strategies that would satisfy customers. The nature of strategy, which needs to be managed, is formulated around the 5 Ps (Louw and Venter 2010:15) Plan, pattern, position, perspective and ploy. As a plan, strategy has been viewed as something that an organization has, and strategy as a perspective viewed as something that people do. Strategy is influenced by extra organizational practices and inter-organizational practices. Therefore there is a reciprocal relationship between intra and extra organizational strategic activities. - Strategy as a plan: Provides overall direction and course of action. As a plan, strategy formulation is a formal process. This approach ahs been criticized for being a rational, top-down approach, hoever research shows that formal planning contributes...
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...Human Resources Management Contents Executive Summary 3 Strategic Functions of HR 4 Recruitment & Selection 4 Safety 5 Relationship with Employees 5 Performance Management 5 Benefits and Compensation 6 Training and Development 6 Strategy based HRs 6 HR Planning and Organization's Objectives 7 HR Purpose Statement 7 HR Mission Statement 8 HR goals 8 Action Plan for each Functional Area 10 Reference...................................................................................................................................... 11 Executive Summary Company ABC is a large company based in the US. The company has been targeting the business of Human Resources Outsourcing nearly for 30 years now since it was established. It is now ranked one of the leading firms in Human Resources Outsourcing industry in US. All these achievements have been achieved due to its ability to provide comprehensive human resources outsourcing solutions not only to large firms but also to the small to medium-sized companies. This is the core competitiveness of Company ABC The company is currently experiencing growth which enhances its current dominance in the domestic market due to expansion in operations. Due to this expansion, the company has been consistently experiencing an increase in operational cost. This is due to numerous branches that have been opened across the country. This brought difficulty in management and as a result the department decided to establish a shared center where...
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...The Functional Roles of Human Resource Bernard Jackson Human Resources Management MBA 533 August 18, 2013 Abstract Many large, middle-sized and even small business organizations have a functional human resources department. The functional roles of an HR department remain the same regardless of the size of your business. As the name indicates, the department exists to manage and assist the human element of the company. Since human capital is the most important asset of any organization, having an efficient and quality human resources department is key to the quality and success of the organization. Human resources functional activity supports strategic initiatives. Strategic planning drives functional or transactional processes. HR managers are capable of implementing strategy and carrying out activities that support their strategic plans. Typically, a human resources manager or director develops department strategy depending on the functional expertise of HR specialists. Generally, HR is the process of managing and motivating employees. Some roles of HR vary based on the organization, but there are a number of common functions that are constant. If HR is effective, employees across the company produce optimal results. The functional roles of any Human Resource department varies but the duties are key to the success of any organization. Recruitment and hiring the right people, putting them in the right positions for their abilities and skills is crucial...
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...Strategic Management - An Introduction Strategic Management is all about identification and description of the strategies that managers can carry so as to achieve better performance and a competitive advantage for their organization. An organization is said to have competitive advantage if its profitability is higher than the average profitability for all companies in its industry. Strategic management can also be defined as a bundle of decisions and acts which a manager undertakes and which decides the result of the firm’s performance. The manager must have a thorough knowledge and analysis of the general and competitive organizational environment so as to take right decisions. They should conduct a SWOT Analysis (Strengths, Weaknesses, Opportunities, and Threats), i.e., they should make best possible utilization of strengths, minimize the organizational weaknesses, make use of arising opportunities from the business environment and shouldn’t ignore the threats. Strategic management is nothing but planning for both predictable as well as unfeasible | | |contingencies. It is applicable to both small as well as large organizations as even the smallest organization face competition and, by formulating| |and implementing appropriate strategies, they can attain sustainable competitive advantage. | Strategic Management is a way in which strategists set the objectives and proceed about attaining them. It deals with making...
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...| Comparison Of Job Roles And Analysis Of Structures * [Sanam Shahzad] | [Recruitment And Selection] | [23/10/2014] What this report is about: This report is about the difference and similarities of Perkins and Antony James. I will be talking about job roles from different functional areas from each business, comparing the roles and responsibilities within each role and talking about the similarities and differences. The second part of this report will be analyzing how the structure of each job roles affects the job roles within the business. Why I chose these businesses: I chose Perkins engines because it had a hierarchical structure and I knew if I chose a contrasting business that had a flat structure (Antony James) I would have a good comparison of Jobs and functional areas. What Perkins is: Perkins Engines are a PLC company which make Engines, they are owned by Caterpillar which is also a PLC company (CAT). The purpose of Perkins is to provide a service to customers, make a profit and expand. PLC is a company with shares, PLC stands for Public Liability Company and at the age of 18 a person can buy a share and be a share holder. Advantages of having a PLC company is that it can raise a lot of money by selling on the stock market and they have a limited liability. CAT is a arcadia and umbrella company, being an umbrella company means that the they are the owners of very small businesses e.g Rapisarda and X part are call sister companies (A company which is...
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...Leader: Mr. Ioannis Papaconstantinou Student’s Name: Nikola Ognenovski Word count: 2972 1. Abstract The assignment examines two subject areas of the Organizational Behavior Unit through critical analysis of the concrete work situations and proposes possible argued solutions, supported by academic literature and incorporating aspects of different organizational behavior theories. In the first case study, we present how the need theories of motivation (Maslow’s hierarchy pyramid, Alderfer ERG Theory and Herzberg’s duality theory) are applied, by analyzing the concrete individual behavior of an employee in given work situation. In addition, achievers needs based on McClelland are also addressed. At the end, by summarizing the overall particular situation, we are suggesting a proposal based on the findings from several motivation theories, in order to resolve the elaborated motivation problem. In the second case study, we present the organizational structure of a large telecommunication company which fits to classical departmentalization by business functions. We analyze the organizational structure of this company, addressing its weaknesses in a situation when the market is changing fast and rapidly. At the end, we made a recommendation based on Mintzberg adhocracy organization design and the benefits of cross functional teams. Table of Content 1. Abstract 2 2. Case Study I 4 2.1 Introduction 4 2.2 Problem Analysis 5 2...
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...System » Models/ types of Management Information Systems » Management Information System Planning, Controlling and Limitations Definition of Management Information System Management Information System can be defined as a formal method of collecting timely information in a presentable form. in order to facilitate effective decision making and implementation, in order to carry out organizational operations for the purpose of achieving the organizational goal. A management information system is a system design to provide selected decision –orientation information needed by management plan, control and evaluate the activities of the corporation. It is designed within the frame work that emphasizes profit, planning, performance planning and control at all levels. It complements the ultimate integration of required business information sub system both financial with in the company. According to Philip kolter- A marketing information system consist of people, equipment and procedures together,sort,analyse,evaluate and distribute the needed timely and accurate information and marketing decision makers. Professor Allen S. Lee states that research in the information system field examines more than the technological system,or just the social system or even the two side by side in addition it investigates the phenomena that emerge when the two interact. An information system can be any organized combination of people, hardware, software, communication network and data resources...
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...Strategic Management By Mashell Chapeyama History of Strategic Management Strategic management has changed since the 1970s. Basically strategic management studies started in the 1950s and 1960s and then evolved along the way to today. Strategic management just refers to the fact that an organization is working with clearly stated strategies to meet its vision. The strategies have changed from the 1970s to now. In 1970s strategic management was mostly centred on the ideas of size, growth and portfolio. This means managers saw the need to seek growth through size and increased portfolio. By portfolio we mean different investment opportunities or diversification. In the 1970s there was emphasis on market growth strategies. The main emphasis was on extending the markets as a means of harnessing more profits. By this time firms were market oriented. Their strategies were to control as much market as possible. Impact of market shares has led to the concept of increased profit based on reaching as many people as possible. There was the need to craft strategies that affected the entire organization not sub units. The need for overall company orientation was important. Strategic planning has changed a bit from that time. The focus has changed. The earlier focus was on growth and market share. Now the focus is on an efficient organization that has greater coordination and viability. The strategies have changed. Companies are no longer market oriented as before. Their focus is...
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