Management Essay

1350 words - 5 pages

Making decisions is a major portion of the manager's responsibilities. It is an aspect that cannot be taken lightly nor can it be done in a hasty manner. Hasty, careless decisions can have devastating results on the manager's department or even for the entire company. Decisions that are made with deliberation using different kinds of processes, however, can lead the department or company to better and/or more profitable operations. When decisions are indeed made in this manner, the manager should feel confident that he or she has made an appropriate decision and is the best option given the information available at the time. This does not mean to say that the manager will always make the correct decision; lack of information or situational changes can lead to faulty analysis. However, if the manager uses critical thinking and proven successful decision-making strategies, he or she can and should be confident in whatever action they have decided is appropriate. Their own confidence level will, in fact, affect the outcome of their action.Managers spend the majority of their time absorbing information and trying to process all the information in order to reach a decision of some sort or another. With in the realm of the information system a manager has many sources of where he or she may get this information, including, (a) systems and structures set up to keep them apprised on ongoing events, (b) the people around them who volunteer information and can be approached in search of trouble signs, clues, and missing pieces of puzzles, (c) the values of the organization, which point people in certain directions and define the critical variables in a complex array of possibilities, and (d) the manager's own direct experienceOur basic concept of critical thinking is, at root, simple. We could define it as the art of taking charge of your own mind. Its value is also at root simple: if we can take charge of our own minds, we can take charge of our lives; we can improve them, bringing them under our "self-command" and direction. Of course, this requires that we learn self-discipline and the art of self-examination. This involves becoming interested in how our minds work, how we can monitor, fine tune, and modify their operations for the better. It involves getting into the habit of reflectively examining our impulsive and accustomed ways of thinking and acting in every dimension of our lives and business.Many various "Forms of Thinking" affect the way we rationalize problems and situations. We could approach a problem by utilizing the forms such as in a logical, scientific, persuasive, or creative fashion. The way we approach a problem or situation can be and is very important. In addition, all that we do, we do based on some motivations or reasons that are forces which influence our ways of thinking. However, we rarely examine our motivations to see if they make sense. We rarely scrutinize our reasons critically to see if they are rationally justified. Some...

Find Another Essay On Management

Management Essay

3499 words - 14 pages Management PAGE \* MERGEFORMAT 13 Management at Service SectorIntroductionToday every service sector organisation needs to have a sound management plan in order to cope with the upcoming challenges of industry. The plan must include a clear assessment and awareness about the challenges. (Mcintosh et al, 2000) In this essay, challenges faced by the management of retail and hospitality industry in recruitment process and how such challenges can

management Essay

2155 words - 9 pages Introduction Leadership is undoubtedly one of the oldest and most disputable topics among academics. On one hand, there has not yet been a general agreement as to what leadership is (Bass, 1990; Goethals, Sorenson and Burns, 2004; Zaleznik, 1977). On the other hand, many scholars have differing views on how it is related to management. Some authors posit that leadership and management should be viewed as an ensemble (Fayol, 1916; Fells, 2000

management

919 words - 4 pages Homework #1Date Required: July 11, 2014Date Submitted : July 15,2014POLLOSCO NELSIE SQuestions in chapter 2QUESTION#1 - How can management team justify dealing with a subcontractor based in a country in which human rights are being widely violated?The primary reason why a management team will subcontract a particular work in another country is because of lower labor cost. Meaning, the labor cost is cheaper.However, to prevent the subcontractor

Management

1592 words - 6 pages well as problem solving and technical skills.” The management training program will provide a plan of action to strategize and grasp all the necessary skills in a short time to fulfill the goal of becoming the CEO. First and foremost, managers must identify weaknesses, polish up strengths, and learn new ideas and concepts that will improve their leadership qualities. Developing leadership qualities includes perfecting a key set of

MANAGEMENT

2493 words - 10 pages appreciated for several years. The outsourcing a portion of the ECUs also provided Kuiper Leda more flexibility with machine usage with the production of the RFIDs, which the new company is interested in selling.Kuiper Leda has a centralized demand management system, which involves the recognition and management of the demands for the products. “It is done to ensure that the master scheduler is aware of the demand,” (University of Phoenix

Management

718 words - 3 pages maximum number of employees and customers are all in the building and the sales for the evening are highest. This not being the best time to be evaluated because of the already stress filled environment and constant pressure being added from the management to speed up the cooking and sending of food. Having my superiors, boss and his boss all in the building at once would only make the evening more stressful. Being the assistant Kitchen manger I have

Management

789 words - 3 pages . Two kinds of performance indicators tell the most about the caliber of a company's strategy: profitability and financial strength and competitive strength and market standing.WHY CRAFTING AND EXECUTING STRATEGY ARE IMPORTANTS TASKSGOOD STRATEGY + GOOD STRATEGY EXECUTION: GOOD MANAGEMENTCrafting and executing strategy are thus core management functions. Among all the things managers do, nothing affects a company's ultimate success or failure more

Management

789 words - 3 pages . Two kinds of performance indicators tell the most about the caliber of a company's strategy: profitability and financial strength and competitive strength and market standing.WHY CRAFTING AND EXECUTING STRATEGY ARE IMPORTANTS TASKSGOOD STRATEGY + GOOD STRATEGY EXECUTION: GOOD MANAGEMENTCrafting and executing strategy are thus core management functions. Among all the things managers do, nothing affects a company's ultimate success or failure more

Management - 789 words

789 words - 3 pages . Two kinds of performance indicators tell the most about the caliber of a company's strategy: profitability and financial strength and competitive strength and market standing.WHY CRAFTING AND EXECUTING STRATEGY ARE IMPORTANTS TASKSGOOD STRATEGY + GOOD STRATEGY EXECUTION: GOOD MANAGEMENTCrafting and executing strategy are thus core management functions. Among all the things managers do, nothing affects a company's ultimate success or failure more

Management

1395 words - 6 pages things, the discussion will be demonstrated from the following concepts: contemporary management challenges—downsizing, workplace diversity, restructuring, globalisation and quality; organisational culture in Australia, managers’ role in managing organisational culture. Managers today must be able to solve problems based on the skills and knowledge that they have, and help the organisation be more successful. Organisations that profit

Management - 2362 words

2362 words - 9 pages price. This would have a material negative impact on the capability of Shell?s management to create value for their shareholders. If the price falls far enough, it might become a takeover target. Because of management?s breach in one area (i.e., human rights), many of the other values that the company stands could be sacrificed under a new leadership team.Lack of Guidelines for Ethical Behavior: The company has not provided its local management

Similar Essays

Management Essay 550 Words

550 words - 2 pages In order to perform the functions of management and to assume multiple roles, managers must be skilled. Robert Katz identified three managerial skills that are essential to successful management: technical, human, and conceptual*. Technical skill involves process or technique knowledge and proficiency. Managers use the processes, techniques and tools of a specific area. Human skill involves the ability to interact effectively with people

Management Essay 1180 Words

1180 words - 5 pages Essay 1: What is Management? The purpose of this paper is to analyze the role and function of management in society and the workforce and to look into how it is implemented. Three main questions will be discussed, outlining, ”What is management? aWhat do managers do? And what skills do managers need?” We will define management as a profession, look into what managers undertake and deliver in their daily output of work, different levels of

Management Essay 3888 Words

3888 words - 16 pages Running Head: MANAGEMENT Management at Service Sector Introduction Today every service sector organisation needs to have a sound management plan in order to cope with the upcoming challenges of industry. The plan must include a clear assessment and awareness about the challenges. (Mcintosh et al, 2000) In this essay, challenges faced by the management of retail and hospitality industry in recruitment process and how such challenges

Management Essay 2185 Words

2185 words - 9 pages Introduction Over the last few decades, there has been a long-standing debate in academic circles and literature about whether or not leadership is similar to or different from management. Indeed, some scholars believe that there is a clear and explicit distinction between the two terms (Zaleznik, 1977; Bennis and Nanus, 1985; Kumle and Kelly, 1999). Others argue that leaders and managers are merely two faces of the same medal and should