Wednesday, May 13, 2020

The Levels of Management - 865 Words

There are three different levels of management within an organization starting with top managers, then middle managers, and finally first-line managers. To begin, top managers according to the textbook â€Å"make long-term decisions about the overall direction of the organization and establish the objectives, policies, and strategies for it† (Kinicki and Williams 17). These managers are associated with the elaborate things in the office environment. They are typically the top dogs of a business. Their offices may include the most expensive furniture, top of the line technological equipment, and large windows with the best views in the building. The individuals who typically occupy these types of offices include the presidents, CEO’s, and†¦show more content†¦Like the definition states, these managers carry out the goals that the top level as set forth by setting goals and tasks for their departments and other affiliations. This level of management may be more i nvolved unlike the top level with the everyday workplace; therefore, they may give important feedback to the top managers based on first-hand experience. These type level jobs vary in salaries and responsibilities among the many organizations. A middle manager can start out making around $50,000 a year or up to around $110,000 a year. Depending on the size of the organization, they may supervise over small or large groups of people (17-18). A middle manager has the opportunity of advancement to reach the top level of the pyramid. Finally, there is the first-line level of management. These managers â€Å"make short-term operating decisions, directing the daily tasks of non-managerial personnel† (18). Job titles for individuals in this level are at the bottom of the pyramid, which includes titles such as department head, team leader, or supervisor. Their salary also varies from around $25,000 to $50,000 a year. First level managers typically do no set goals for the business, but instead, follow the tasks already set out for them by the upper levels of management. They take those tasks to put forth in the overseeing of the line workers. Employees of the organization work mostly with this level ofShow MoreRelatedManagement Levels Explained1265 Words   |  6 Pages and senior management? Discuss the key skills required to perform effectively at each level of management. Assess your own strengths and development needs in terms of the skills required to be an effective first-line manager. In the operation of any sizeable company, different levels of management are responsible for maintaining successful production and development of the business. 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The purpose of this essay is to explore the roles and responsibilities of each level management, what happens when the expectations of that level of management are not lived up to, and howRead MoreNvq Level 3 in Management2786 Words   |  12 PagesNVQ IN Managem ent Level 3 UNIT B6 Provide Leadership in Your Area of Responsibility Leadership is about helping people, empowering people, setting clear goals and motivation, while operating to accomplish the mission and improving the organisation. 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Value Management is also critical to the success of projects as it providesRead MoreValue Management At The International Level3269 Words   |  14 Pages SUMMARY 1.0 INTRODUCTION Internationally, Value Management (VM) has been recognised as an emerging paradigm that focuses on the continuously increasing the value provided to the client and is widely accepted as an important tool in recent management of construction projects (Ellis, Wood et al. 2000). The construction industry is an important field for Value Management at the international level (Kelly, Male et al. 2004). Value Management is also critical to the success of projects as it providesRead MoreNetflix : Strategic Management At The Business Level Essay1706 Words   |  7 Pages In relation to strategic management at the business level, Netflix is a good example considering the various strategies that the management, led by Reed Hastings has been able to develop. Through decades, Netflix organization has been forced by both the internal and external factors to develop sustainable strategies in order to coup with the ever changing business environment. Good team working has also enab led Hastings to maintain the business at the top position when comparedRead MoreCorporate Level Strategies : Strategic Management1339 Words   |  6 Pages Corporate-Level Strategies As part of strategic management, a thorough analysis must be conducted by top-level managers to assess current business performance and to determine potential for growth. Corporate leaders create value for their businesses using three main approaches: expansion (diversification) within the industry or markets, concentration, and vertical integration. Diversification can either be related or unrelated. It is the responsibility of corporate leaders to set the firm’s strategic

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