Introduction
According to Chatterjee’s (2022) article, “What is business management? what makes a good manager?” Management entails coordinating and monitoring business ventures, tasks, and resources to realize the set targets. This position typically entails managing key operational tasks, managing personnel, and strategizing for the company’s long-term success.
Discussion
Effective business management is dependent on finding the right balance between work administration and skillset. Technical expertise can earn respect for one’s business manager colleagues; however, maintaining that respect necessitates soft competencies. A manager’s effectiveness is also determined by consistency, interaction, compassion, and the formation and preservation of robust and healthy workplace relationships. When these features are combined, they form a beneficial business strategic plan.
Business management entails various roles and competencies to maintain operational continuity. The first step in fulfilling these obligations is to establish clear objectives. Furthermore, it is critical to communicate this to employees in a way that will persuade them to go above and beyond to ensure success. Similarly, an effective manager divides the responsibilities into manageable chunks and assigns work to the appropriate departments or workers after evaluating them.
Their commitment is to ensure that all organizational departments collaborate and that task deadlines are met. The overall performance of a company can be improved, expenditures reduced, and operations optimized. Another role is putting together and leading a team toward a common goal. In this role, business managers must interact with and train a wide range of people. They must also be capable managers who can provide constructive criticism when necessary (Chatterjee, 2022).
Conclusion
Managers also track their team’s productivity over time, which allows them to identify each individual’s flaws and strengths and plan for future success. I learned that the strength of an organization and its capacity to produce impressive profits heavily depend on the caliber of management, which then has a substantial protracted influence on its corporate image.
Reference
Chatterjee, D. (2022). What is business management? What makes a good manager? Emeritus Online Courses. Web.