Explore BrainMass
Share

Finance Managers and Mediocre Managers: A Comparison

This content was STOLEN from BrainMass.com - View the original, and get the already-completed solution here!

Need some help knowing the distinction between a financial manager and a mediocre manager

How the distinction between a financial manager and a mediocre manager is the management of risk?

© BrainMass Inc. brainmass.com October 25, 2018, 9:38 am ad1c9bdddf
https://brainmass.com/business/finance/finance-managers-mediocre-managers-comparison-581106

Solution Preview

In your posting, you want to distinguish a financial manager from a mediocre manager. In addition, you are also tasked to distinguish between financial manager and mediocre manager in terms of management of risk. I suggest the following outline:
1. Distinction between a financial manager and a mediocre manager
2. Financial manager and management of risk
3. Mediocre manager and management of risk
4. Links and references

Suggested discussion:

Managerial mediocrity has been identified as a contributing or principal cause in many government failures, such as those involving the fight against terrorism, the Columbia space shuttle disaster, and environmental mismanagement (Berman and West, 2003).

Berman and West (2003) further describe the manifestations of managerial mediocrity as: "passing the buck, dodging responsibility, artfully avoiding blame by hiding behind rules, persistent misjudgment, people-pleasers, compromisers, lack of initiative, and they often drive outstanding employees away through lack of support or understanding of outstanding performance".

Qualities of a good financial manager are:
• an aptitude to motivate staff
• proficiency at ...

Solution Summary

This is a comparison between finance managers and mediocre managers in terms of risk management.

$2.19
See Also This Related BrainMass Solution

Case Studies of Work Motivation

Both Jane in the Communications Taskforce (Case 1) and Samantha in The Human Resource Strategies Branch (Case 2) were being denied accommodations in organizational practices that could become very de-motivating for them. Answer both of the following questions regarding these two situations.

1. Compare and contrast the de-motivation that they would experience if they both did not receive the accommodations they were seeking.

Apply this question to the following theories:

Theories of Work Motivation
Two Factor Theory
Value Theory
Consequences of Job Dissatisfaction
Tips for Promoting Job Satisfaction.

Motivation at Work
Equity Theory
Expectancy Theory
Goal Setting Theory

Please see attached.

View Full Posting Details