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Create a document that covers all of the different aspects of management. Explain how it differs, and in some ways has crossover, with the concept of leadership. Using examples, explain the concepts of manager as motivator and coach in a way that will help these new supervisors fulfill the duties of their jobs.

You have been asked to head up your company's employee development program. The first step is to help entry-level supervisors understand the role of a manager.

Create a document that covers all of the different aspects of management. Explain how it differs, and in some ways has crossover, with the concept of leadership. Using examples, explain the concepts of manager as motivator and coach in a way that will help these new supervisors fulfill the duties of their jobs.

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You have been asked to head up your company's employee development program. The first step is to help entry-level supervisors understand the role of a manager.

Create a document that covers all of the different aspects of management. Explain how it differs, and in some ways has crossover, with the concept of leadership. Using examples, explain the concepts of manager as motivator and coach in a way that will help these new supervisors fulfill the duties of their jobs.
Organizations are created by the human beings for an objective. Business organizations are founded to create wealth, to satisfy the stakeholders of the business and to achieve its mission and vision. Thus the role of the management is to make the appropriate decisions and is responsible for running the show smoothly in an organization.
There are four important functions of Management:
? Planning
? Organizing
? Leadership
? Controlling
Let us discuss them one by one:

Planning
Sound Planning is the first step of the success of the business. It will act as a guidance and road map for the organization.
"A business plan is a summary of how a business owner, manager, or entrepreneur intends to organize an entrepreneurial endeavor and implement activities necessary and sufficient for the venture to succeed. It is a written explanation of the company's business model."
(www.bplans.com)

The management must engage in strategic planning that plainly defines objectives and evaluates both the internal and external state of affairs to devise strategy, execute the strategy, assess the advancement, and fine-tune as necessary to stay on track. For example, a company's goal, say Vodafone, might be simply written "to achieve the sales target next year". While the goal statement is mistakenly written, the good one is "to record $850 million of sales in 2007".
Based on the information from the environmental scan, the organization should match its strengths to the opportunities identified, while dealing with its weaknesses and external threats. The company seeks to foster a competitive advantage over its competitors to ...

Solution Summary

Your tutorial is 1,366 plus 11 references. The commentary discusses the four important functions of Management: Planning, Organizing, Leadership, and Controlling...and more...

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