Essay on "Functions of Management Managerial Traits and Skills"

Essay 4 pages (1220 words) Sources: 5

[EXCERPT] . . . .

Functions of Management

Managerial Traits and Skills and the Four Functions of Management

In the most demanding industries, the reliability and validity of the four functions of management are tested on a daily basis. The traits and skills necessary to excel in management in these demanding industries include exceptional communication, collaboration, and planning skills and the ability to transform organizations in the process. High tech manufacturing, software development and manufacturing all are industries that bring out the need for managerial skills and traits that other industries do not (Salvaticom, 2006). Across all high tech industries where product lifecycles are very rapid and the need for quickly coordinating tasks stresses the four functions of management more than any other, the traits and skills of managers need to be more attuned to change management and transformational leadership than any other. The intent of this analysis is to evaluate how the four functions of management are made more effective with traits and skills of managers in industries that compete on time and performance in addition to products.

Planning

In the most competitive industries, planning is a continual, iterative process that often leads to changes in strategy midstream and fuels the development of new products and the definition of entirely new business units. Planning is very fluid in these time-demanding industries, and requires the traits of tolerance for risk and ambiguity in managers and leaders (Bernhut, 2009). Being able to quickly ascertain risk and opportunities and having the traits of decisiveness and exceptional communication is critical to excel in these industries as a manager. The traits of being able to think from an abstract standpoint and create unified strategy for seemingly disparate series of groups, systems and resources is also a defining trait of managers in this industry specifically. Across all industries, the traits of successful managers in the planning phase of management center on their ability to gain the cooperation of their peers, subordinates and superiors to ensure goals and objectives are met (Ebert, 2007).

Organizing

The traits and skills essential for success in the organizing function of management include authenticity, transparency and the ability to gain cooperation and trust (Geraldi, Turner, Maylor, Soderholm, Hobday, Brady, 2008). Organizing is more focused on attaining a high level of coordination across the many departments within an organization. The focus on results of shared efforts pervades the organizing function of this discipline of management. Organizing is one of the attributes of management that also requires a manager be able to define abstract interrelationships between tasks and create a unified strategy as a result (Mamman, Baydoun, 2009). One of the most difficult areas of management, the success of managers in organizing is often more predicated on their ability to manage ambiguity and be able to transform organizations as a result. Finally organizing is highly dependent on the ability of managers to sacrifice on behalf of their teams and gain cooperation over the long-term as well. This is the most challenging aspect of management as it also forces a manager to get cooperation across the many areas of the company they have no control over (Maples, Harris, Greco, 2010). This forces many managers to move from being authoritarian to being more focused on transformation of their teams and the organization overall. For many managers whose groups are very large, this is the area of management where they spend the majority of their time as alliances with other work teams are critical for their success.

Leading

The traditional definition of leadership tends to rely extensively on authoritarian and more transactional types of leadership styles. Yet the traits necessary for excelling as a leader in industries that have very rapid… READ MORE

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