Challenges That Managers Face free essay sample

Managers are people who combine different types of resources and coordinate them efficiently and effectively to achieve goals set by their organisations. The term â€Å"efficient† in the aspect of management means the managers employ the resources wisely and cost-effectively, whereas the term â€Å"effective† means the managers make the right decision and strive hard to achieve the objectives by performing planning, organising, leading and controlling functions. These four functions are extremely important and must be coordinated to ensure the management operates as a whole. According to Johnson, providing inspiration as well as leadership is the primitive role a manager should play in today’s modern globalization. The key point to inspire the team is to protect the teams welfare in order to build up their confidence towards the manager. Setting up a good role and example in an organisation faced with fierce competition is often seen as a difficult task for most managers. Issues regarding punctuality, incompetence and fraud often emerge in most established corporations, thus drastic steps should be taken to resolve the problems. Of course, when the managers appoint the team to do certain tasks, they must have confidence with the capability of the team in working out the tasks given. Once the confidence towards managers has been boosted up, the entire team would definitely have good impressions on the leaders and are inspired by them. Effective communication has been identified as one of the variables in determining the ability of organisations to achieve their goals. The working population is very aware of the importance of interpersonal communication skills which is the central of the organisational hub, especially to the role of the managers. Effective transmission of information between managers and staffs is necessary to ensure that there is understanding as communication is not a one-sided activity. It is often argued that communication does not take place though information has been delivered from one party to another, affecting the managers ability to perform which may severely damage the internal or external relationships of the organisations. Hence, implementation of interpersonal communication skills is one of the greatest challenges faced by the managers as the volume of interaction within the organisations is essential to enrich and improve the skills. The issue on single and multiple goals arises as most organisations often set multiple goals as the top priority. Multiple goals would have a great impact on managers’ decision making, which in turn can affect the performance of the organisations. This is because managers are not required to prioritise goals if they deal with single goal settings in running organisations. Hence, trade-off between arrays of goals is not necessary. Recent studies show that the uncertainty of these outcomes will potentially increase a manager’s level of job-related tension. It is problematic to deal with multiple goals especially in a complex organisation since they suffer anxiety resulting from making decisions about prioritising goals that are equally important. Besides that, the managers have to gather more information on ways to allocate scarce resources effectively which is possibly beyond their capacity, leading to performance freeze due to the uncertainties encountered in employing the best policy that enhance organisational performance. However, the performance is based on an individual but not an organisational level so managers should pursue the goals at departmental level to ensure high achievement in performance. In addition, the goals of a project are often not comprehensively defined, which can be thought as another challenge to the managers. It is not possible to deliver these poorly defined goals to the participants involved. Overcoming vagueness is the fundamental problem to project managers especially when they are not instructed clearly on the goals. Hence, the projects undertaken may not be carried out efficiently and effectively, resulting in performance decadence in an organisation. In order to overcome the problem, managers can acquire feedbacks from the team about the instructions that they are unclear about. Performing regular documentations prepared by the team is an alternative way to ensure that the goals are tightened. No matter how challenging it is, it will eventually come to a solution with successful skills management regardless of the number of employees involved. Managers running modern corporations such as multinational enterprises are often associated with operational risks well beyond what was thought. These organisations manage production establishments and deliver services overseas and are more likely to get involved in bribery and corruption due to ethical failures. Operational risk is the risk of loss as a result of internal failures in a corporation, people or external events which will lead to the collapse of financial institutions. Effective risk management is extensively depending on the ability of a company to sense potential fraud issues, analyze the situation critically and adopt the best approach to remedy the situation. In short, a manager has to apply sets of knowledge and risk management skills dealing with these situations but marshalling such knowledge in an effective way is always tough. In conclusion, the managers must learn from different groups of people, such as colleagues, customers and competitors to improve their managerial skills. In this golden age of globalisation and cyberspace, the roles of a manager are no longer as simple as it is back in the Stone Age whereby their jobs are carried out by force and threats. Nowadays, managers are not only required to have good communication skills and public relations, they need to have good soft skills and need to be technology savvy. Most importantly, managers must be approachable so as to abolish the barrier between the down lines and the managers themselves in order to have a clear and transparent working relationship between them. The role of a manager is much more sophisticated now as the world of business becomes more and more complicated. In the future, it is foreseen that the expectations and challenges that lie in the way of managers will keep growing and rising so they are advised to keep up and maintain their roles.