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Principles and Practices of Management




                    Notes              (d)  Balancing role: The top executive must be able to strike a harmonious balance between
                                            conformity and creativity within the organisation. Conformity to rules when carried
                                            out in a rigid and scrupulous manner, may affect employee behaviour in a negative
                                            way and destroy the creative potential of employees.
                                       (e)  Linkage building role: The chief executive must be able to develop appropriate linkages
                                            between the organisation and outside constituencies such as government, financial
                                            institutions, community and society at large.

                                       (f)  Futuristic role: The chief executive must prepare the organisation for future challenges.
                                       (g)  Creating an impact: This means making an impact of one’s organisation on others, by
                                            way of superior technology, marketing skills, innovative abilities, etc.

                                       (h)  Provide superordination: The chief executive must be able to create a sense of pride and
                                            importance in the subordinates – making them feel that they are working in a very
                                            important field of work which is very useful for the society.

                                   1.10 Functions of a Manager

                                   As we have seen above, there are many management functions in business and, therefore, many
                                   manager titles. Regardless of title, the manager is responsible for planning, directing, monitoring
                                   and controlling the people and their work.
                                   1.  An Operations Manager is responsible for the operations of the company.
                                   2.  A Night Manager is responsible for the activities that take place at night.

                                   According to Reitz, Managers generally work for long hours, their days are broken up into a
                                   large number of brief and varied activities, they interact with large number of different people,
                                   they do little reflective planning and spend most of their time engaged in oral communication.
                                   They spend a lot of time getting, giving and processing information.

                                   According to Stoner, managerial work is characterised by the following things:
                                   1.  Managers work with and through other people: Managers work with internal (subordinates,
                                       supervisors,  peers)  as  well  as external  groups (customers,  clients,  suppliers,  union
                                       representatives etc.) in order to achieve corporate goals. They integrate individual efforts
                                       into teamwork. They plan things, create a structure, motivate people and achieve goals.
                                   2.  Managers are  mediators: People  working in an organisation  do not always agree on
                                       certain things,  say, the establishment of goals and the means  to achieve them. At the
                                       corporate headquarters of a large bank, managers may think about expanding into merchant
                                       banking, leasing, credit card business, whereas at the branch level, people may focus on
                                       expanding deposits by venturing deep into rural areas. Unless such differences are resolved
                                       quickly, employees find it difficult to think and act like a well-knit group. Their morale,
                                       too, may suffer. Managers often step in to put things in order, clear the paths to goals,
                                       clarify things to people, put out fires and meet goals.
                                   3.  Managers are politicians:  Managers must develop healthy relationships with  various
                                       groups in order to achieve the goals smoothly. They may have to nurture groups and join
                                       certain coalitions within a  company. They  often draw  upon such relationships to win
                                       support for their proposals and decisions.
                                   4.  Managers are diplomats: Managers serve as official representatives of their work units at
                                       organisational meetings. They may represent the entire organisation as well as a particular
                                       unit in dealing with external groups (clients, customers, government officials, etc.).





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