Factors affecting Management?

Ashley Elizabeth By Ashley Elizabeth, 16th Feb 2015 | Follow this author | RSS Feed
Posted in Wikinut>News>Technology

Organisations that are well managed develop a loyal following and find ways to prosper even in economically challenging times.

Factors affecting Management?

Organizations that are well managed develop a loyal following and find ways to prosper even in economically challenging times. Poorly managed organizations may find themselves with a declining customer base and reduced revenues and may even have to file for bankruptcy protection.

Salaried people put in as much time as it takes to do their work. Those employees report better relationships with family and friends, more company loyalty, and more focus and energy. Productivity has increased by 35 percent. Employees say they don’t know whether they work fewer hours or they’ve stopped counting. Perhaps more important, they’re finding new ways to become efficient. Welcome to the new world of management!

In today’s world, managers are dealing with changing workplaces, ethical and trust issues, global economic and political uncertainties, and changing technology. For example, although people still need to purchase food during tough economic times, grocery stores have struggled to retain their customer base and to keep costs down. At Public Super Markets, the large grocery chain in the southeastern United States, everyone, including managers, is looking for ways to better serve customers. The company’s president, Todd Jones, who started his career bagging groceries at a Public in New Smyrna Beach, Florida, is guiding the company through these challenges by keeping everyone’s focus from baggers to checkers to stokers—on exceptional customer service.

Let’s consider the management challenges faced by Roger Ogles by, the then-publisher and editor of the Seattle Post-Intelligence (P-I). The P-I, like many other newspapers, had struggled to find a way to be successful in an industry that was losing readers and revenues at an alarming rate. It was decided that the company should be made all-digital and in early 2009, the P-I became an Internet-only news source. Difficult actions followed as the news staff was reduced from 165 to about 20 people. In its new “life” as a digital news source, the organization faces other challenges—challenges for Michelle Nicolosi, now the manager who needs to plan, organize, lead, and control in this changed environment.

Managers everywhere are required to manage in changing circumstances, and the fact is that how managers manage is changing. Managers need to analyses these changes and how they’re affecting their plan, organize, lead and control. Two of these changes are the increasing importance of customers and innovation.

Tags

Management, Management-Employee Relationship

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author avatar Ashley Elizabeth
Ashley is an expert author and writer who pleased the world with his creative business management tips and ratings. He also blogs for their Fans and followers and provide the solution of their query

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