Page 4 - 6484
P. 4

finance  and  accounting  are  critical  organizational  functions  but  do  not  typically
               provide an input into the final product or service a customer buys, such as a box of
               Tide  detergent.  Instead,  they  serve  a  supporting  role.  A project  manager has  the
               responsibility  for  the  planning,  execution,  and  closing  of  any  project.  Project

               managers  are  often  found  in  construction,  architecture,  consulting,  computer
               networking, telecommunications, or software development.
                      A general  manager is  someone  who  is  responsible  for  managing  a  clearly
               identifiable revenue-producing unit, such as a store, business unit, or product line.
               General managers typically must make decisions across different functions and have
               rewards tied to the performance of the entire unit (i.e., store, business unit, product
               line, etc.). General managers take direction from their top executives. They must first
               understand the executives’ overall plan for the company. Then they set specific goals
               for their own departments to fit in with the plan. The general manager of production,
               for  example,  might  have  to  increase  certain  product  lines  and  phase  out  others.
               General  managers  must  describe  their  goals  clearly  to  their  support  staff.  The
               supervisory managers see that the goals are met.
























                      The Nature of Managerial Work
                      Managers  are  responsible  for  the  processes  of  getting  activities  completed
               efficiently with and through other people and setting and achieving the firm’s goals
               through  the  execution  of  four  basic  management  functions:  planning,  organizing,
               leading, and controlling. Both sets of processes utilize human, financial, and material
               resources.
                      Of course, some managers are better than others at accomplishing this! There
               have been a number of studies on what managers actually do, the most famous of
                                                                                          [2]
               those conducted by Professor Henry Mintzberg in the early 1970s.   One explanation
               for Mintzberg’s enduring influence is perhaps that the nature of managerial work has
               changed very little since that time, aside from the shift to an empowered relationship
               between top managers and other managers and employees, and obvious changes in
               technology, and the exponential increase in information overload.
                      After following managers around for several weeks, Mintzberg concluded that,
               to meet the many demands of performing their functions, managers assume multiple
               roles.  A  role  is  an  organized  set  of  behaviors,  and  Mintzberg  identified  ten  roles
               common to the work of all managers. As summarized in the following figure, the ten


                                                               4
   1   2   3   4   5   6   7   8   9