Management roles and functions are vital for a company. Managers determine not only the direction of the company but also how the company is operated. We may hear titles such as president director, vice president, senior manager, and assistant
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Difference Between a Leader and a Manager, Here, The Details
The difference between a leader and a manager is in their focus. Leaders focus on creating a vision. Then, they inspire and encourage people to move there. Whereas managers focus on creating goals by controlling and directing people in the
Management Style: Importance, Type, When Appropriate Adopted
What's it: Management style is a manager's approach to managing resources to achieve goals. It includes how a manager organizes work, exercises authority, makes decisions, delegates authority, and manages his staff. The approach taken can vary
Functional Manager: Roles and Responsibilities, Required Skills
Who're they: Functional managers are those who oversee business functions in a company. They are responsible for overseeing certain functions such as operations, finance, marketing, human resources, information technology, or logistics. They are
General Manager: Definition and Brief
Who're they: General managers are those who are responsible for the overall performance of the entity they manage; it can be a company or a business unit. If the functional manager specializes in a particular unit or department, then the general
Middle-Level Management: Examples, Roles, Skills
What's it: Middle-level management is a position within the organization as a liaison between upper-level management and lower-level management. In the organizational chart, they are in the middle of the chain of
Lower-Level Management: Examples, Roles and Skills
What's it: Lower-level management is a management position at the bottom of the hierarchy in the chain of command. Lower-level managers deal with operating and supervising day-to-day activities. They may work as foremen, section heads, or
Mastering Organizational Structure: A Clear and Concise Guide
What's it: Organizational structure is about how a company is arranged and how certain activities are directed toward achieving organizational goals. It includes organizing tasks, responsibilities, decision-making, workflows, communication channels,
Decentralized Organizational Structure: Advantages, Disadvantages
What's it: A decentralized organizational structure is an organizational structure in which decision-making is delegated as far as possible along the chain of command. In other words, lower-level managers have more opportunities to make
Centralized Organizational Structure: Advantages, Disadvantages
What's it: A centralized organizational structure is an organizational structure in which decision-making is concentrated at the top level. Upper-level managers retain decision-making authority and slightly delegate it to lower levels. The
Project-Based Organizational Structure: Strengths and Weaknesses
What's it: A project-based organizational structure is an organizational structure in which a company organizes its organization around specialized teams working on specific projects. In a simple model, the company takes staff from each
Matrix Structure: How It Works, Advantages, Disadvantages
What's it: A matrix structure is an organizational structure in which a company organizes its organization based on vertical and horizontal relationships. Vertical and vertical relationships may be based on dimensions such as business function,