Question

Think back to how things have changed in the past five years, in terms of the role of the manager; at least, as you perceive it. Taking the big‐picture view, what changes do you see? For example, is there greater or lesser emphasis on people against profit, or on technology against entrepreneurship?

Answer 1

Solution:

The way companies are carried out and how they implement their movements has changed drastically. This is mainly related to each industry's competition, which keeps them drive every day. There have been various changes and developments over the last two decades in the field of business in which organizations have been accustomed to cutting back on their competition by many actors. The role of the managers in the company has been greatly affected. Modern managers are not the same managers who allow their subordinates to conduct their duties. Service has become the most significant element affecting an organization's businesses today. The quality of service has become a differentiating factor for all industries with the development of several alternatives. Managers have been mentors and coaches who aim to inspire their teams to provide their team members with the best possible services.

The forces that have greatly affected the change in management techniques are technological advancement and the demanding knowledge quotient. The technical development has demonstrated creative strategies that administrators and their staff will update. Technology has revolutionized the manner in which businesses work by allowing small companies to suit larger organizations. Small businesses – from servers to mobile devices – use a range of software innovations to build competitive advantages in their economies.

The result will continue because technology does not stop growing and technology advances are taking place at a fast pace that keeps managers at their fingertips.