In: Accounting
The organizational pyramid gives us a vertical dimension for delegation of authority among the assets fo the employees. Delegation of authority is very important part of every organization thus it is distributed based on span of control. This control distribution among the organization creates organizational pyramid.
There are four type of line mangers in an organizational pyramids:
Top Level Manager:
Under this level the board of the company appoints the President, Vice President or managing director. The Top level Managers are in charges of the running the whole company. The top Management is concerned with the Coordination and communication among the organization, Creation of plans to carry out objectives and goals, Framing different policy to carry out plan.
Middle Level Managers: This consists of departmental heads and superintendents. They are assistant to the senior level executive and managers. Coordination is the central problem in every company thus the middle level managers provide coordination among top and lower level executives.
Lower level managers: They are those responsible person who executes the plan and policy framed by the top executives and delegate the roles to the team mangers who then assist them in the accomplishing the objectives and goals of a company.
Team mangers: There are different type of team in an company where they are assigned specific job as their team specifications to assist the lower level managers.
Three skills which mangers need to cultivate:
Technical skills
Conceptual skills
Human or interpersonal management skills
Out of these, as an manager I would need to work hard on my interpersonal skills because a introvert manager can never get his work done by their assistant rather than a friendly, supportive or frank managers.
Seven Challenges of being a manager:
Ethical Workplace culture
Time management
Poor team support
Understaffed
Total quality management
Workforce diversity
Encouraging productivity
The major problem which I have to worry more in future is of productivity in an company as it is lifeline of an organization as it is always foremost objective of an company.
How career readiness can be built?
We all need to educate ourselves with the information required to enter into a job market as studying and practically doing task is wholly different things. These skills are applied by any candidate to nourish themselves in an job market. I would surely want to do career readiness skills effectively by doing following:
Job Attracting Skills
Financial Education
Career upgradation
Business communication
Professional behvaiour
Leadership
Career Management
Applying Ethics principle in work