The Importance of Employing Strategic Management Skills Essay (Article)

Exclusively available on IvyPanda Available only on IvyPanda

Reasons for Interest

This article highlights the importance of employing strategic management skills in the quest of developing a cohesive team of workers for purposes of ensuring organizational productivity and continuity. The article emphasizes on the need for managers to employ a structure that ensures that they identify their employees’ talents and capabilities in order to structure teams that are operational and not dependent on “Lone Star” (Ekekwe).

We will write a custom essay on your topic a custom Article on The Importance of Employing Strategic Management Skills
808 writers online

The Colts, who have been major contenders for the Super Bowl are faced with a team work structure issue. The team has always appeared strong and focused until the exit of one of their major players MVP due to injury. This has portrayed the lack of balance in the team structure as the team is highly dependent on one individual. This article is vital because it helps managers to identify with the need to categorize and develop workers from average performance to high performance. It also highlights the need for managers to build teams that can sustain themselves or fulfill the organizational goals even if one of the team members were to leave the company (Ekekwe).

Synopsis

Key issues:

Worker development, how managers can avoid a business crisis, how managers can ensure business continuity, how managers should measure the performance of lone star’s and managing the risks associated with an imbalanced team.

Summary of the article

Team work refers to performing tasks as a group with the intent of meeting common organizational goals. Team work is a prerequisite factor towards organizational development. Strategic employee management calls for the development of employees in order to form cohesive team structures that ensure maximum productivity and continuation of the organization. Developing specific individuals as opposed to developing members of a group can lead to a crisis if the member developed exits the company. Managers are therefore advised to identify and nurture all their employees in their quest to avoid a crisis when lone star’s exit.

Developing employees also leads to building solid teams that can oversee the completion of any of the team’s tasks. This ensures that the business is not sustained by an individual player thus ensuring continuity. Managers are advised to have the business goals in mind when developing employees in order to ensure that they develop efficient people. Managers should assess the performance of the team leaders by the number of backup people that they train in their quest to ensure that work runs smoothly even in their absence. Managing risks that emerge from existence of imbalanced teams requires effective management skills that are centered on employee development and training (Ekekwe).

Key lessons

The main aim of the article is to emphasize on the need to employ strategic management skills that seek to build on solid teams through employee development. Team work is an important aspect of any organization because it is centered on ensuring that a group of people work together towards actualizing organizational goals. Managers should strive to ensure that they identify their employee’s talents and develop them to fit the needs and, requirements of a specific team.

1 hour!
The minimum time our certified writers need to deliver a 100% original paper

Developing a specific individual to spearhead all the tasks of a give group is a risky business decision that should be avoided by managers. Therefore, it is vital that all managers avoid exit crisis by ensuring that they have backup individuals who can oversee the implementation of organizational projects. Further, team leader’s assessments should be based on job performance and the number of people that they “discover and nurture” in their respective teams (Ekekwe).

Works Cited

Ekekwe, Ndubuisi. What the Colts Can Teach Us About Team Building. Bloomberg Business week. Web.

Print
This article, "The Importance of Employing Strategic Management Skills" is published exclusively on IvyPanda's free essay examples database. You can use it for research and reference purposes to write your own paper. However, you must cite it accordingly.
Removal Request
If you are the copyright owner of this paper and no longer wish to have your work published on IvyPanda.
Request the removal
Need an custom research paper on The Importance of Employing Strategic Management Skills written from scratch by a professional specifically for you?
808 writers online
Cite This paper
Select a referencing style:

Reference

IvyPanda. (2021, February 16). The Importance of Employing Strategic Management Skills. https://ivypanda.com/essays/the-importance-of-employing-strategic-management-skills/

Work Cited

"The Importance of Employing Strategic Management Skills." IvyPanda, 16 Feb. 2021, ivypanda.com/essays/the-importance-of-employing-strategic-management-skills/.

References

IvyPanda. (2021) 'The Importance of Employing Strategic Management Skills'. 16 February.

References

IvyPanda. 2021. "The Importance of Employing Strategic Management Skills." February 16, 2021. https://ivypanda.com/essays/the-importance-of-employing-strategic-management-skills/.

1. IvyPanda. "The Importance of Employing Strategic Management Skills." February 16, 2021. https://ivypanda.com/essays/the-importance-of-employing-strategic-management-skills/.


Bibliography


IvyPanda. "The Importance of Employing Strategic Management Skills." February 16, 2021. https://ivypanda.com/essays/the-importance-of-employing-strategic-management-skills/.

Powered by CiteTotal, citation machine
More related papers
Cite
Print
1 / 1