Role of managers in decision making

Business Management

Role of Managers:

Definition

Managers play a crucial role in the decision-making process within an organisation. Their responsibilities encompass various functions and tasks that are essential for effective and efficient management. The role of managers can be broken down into several key components:

Henri Fayol's Functions of Management:

1. Planning: Managers are responsible for preparing for the future by setting goals, objectives, and action plans. They envision the organisation's direction and strategy.

2. Organising: Managers ensure that all necessary resources are ready and that plans are put into action. They arrange tasks, and responsibilities, and allocate resources efficiently.

3. Commanding: Managers oversee and ensure that employees are actively engaged in their work. They provide guidance and direction to ensure tasks are completed effectively.

4. Coordinating: Managers facilitate the collaboration and synchronisation of activities across various departments to achieve common objectives. They ensure that all parts of the organisation work together towards a shared goal.

5. Controlling: Managers measure, evaluate, and compare results against plans and standards. They supervise and monitor work to ensure it aligns with the organisation's goals.

6. Delegating: Managers entrust specific tasks or responsibilities to other members of the staff, empowering them to carry out their duties effectively.

7. Motivating: Managers encourage and inspire staff to give their best performance. This can involve implementing teamwork, empowerment, worker participation in decision-making, and other motivational techniques.

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Role of managers in decision making

Importance of Managers' Decision Making:

• Achieving Objectives: Managers make decisions to align the organisation with its long-term goals and objectives. Clear aims provide a focus for the organisation's operations and help it compete effectively in the market.

• Resource Management: Managers must make decisions about the allocation of resources, production methods, market targeting, and product development. These decisions impact the organisation's efficiency and effectiveness.

• Employee Direction: Decisions made by managers provide employees with direction and purpose in their work. Without a clear framework of aims and objectives, employee motivation and productivity can decline.

• Performance Evaluation: Managers regularly assess the organisation's performance against its goals and objectives. This evaluation informs future decision-making and helps managers make adjustments based on changes in circumstances.