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Current Management Situation

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Submitted By enaportillo13
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Current Management Situation (A Profile of Philippine Management)

Management activities as planning, organizing and decision-making are cocoons until the leadership triggers the power of motivation in people and guides them towards goals. The primary public service that any business can render is its own economic success, its ability to harness science and technology to the production of better goods and services that increase employment and raise our standard of living.
The job of professional management is to conduct the affairs of the enterprise in such a way as to maintain an equitable and workable balance among the claims of the various directly interested groups-stockholders, employees, customers, and the public at large.

The origins of Filipino managers
Filipino managers are predominantly of indigenous Philippine racial stock although a significant number are of foreign origin, primarily Chinese, Spanish, and American. Filipino managers have come mostly from the higher socio-economic strata of Philippine society. They are composed largely of individuals from outside the metropolitan area, belonging to families with above-average landholdings. Invariably, their career paths were paved by family ties or consanguinity. Thus, Filipino managers are strongly oriented to their families of origin. The breadwinner in their family (usually the father) has an occupation that is either of the independent, upper white-collar or professional categories and whose position carries great responsibility. The number of Filipino managers coming from the lower income bracket, however, has steadily increased through the years. This is a consequence of the growth of the Philippine economy. The upward mobility in the managerial hierarchy of Filipino managers from various social backgrounds is continuing the democratization of managerial opportunities.
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