Ch 1 - Management - Web.pptx

Its lonely at the top longer feedback loop the buck

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It’s lonely at the top Longer feedback loop The buck stops with you Somebody always wants your job Must balance the needs of upper management and employees Typically no overtime pay Often little to no training Source: management.about.com/cs/yourself/a/ManagementForMe_2.htm
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Levels of Managers Top managers (executives): what should a organization should do, CEO, COO, CFO. Moderating business enviornment Middle managers: this is how we should do it. Plant, regional divisional. Allocating resources First-line managers: office managers and shift managers responsible for managing everyday employee. Team leaders: no authority or power over people but take charge and are responsible for facilitating activities to acieve goals
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Managerial Roles Interpersonal roles, they represent the company. Interacting with others because the others get the work done. Figurehead Leader Liaison Informational roles. Reponsible for collecting information and distributing it to the right person.
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