Question

In: Operations Management

have you considered the risks in creating your management team? Explain.

have you considered the risks in creating your management team? Explain.

Solutions

Expert Solution

Management team is a combination of individuals who are responsible for successfully running the business and in functioning various operations and strategies of the organization. They are skilled professionals who are experts in various fields that are essential in making a business success.

The risks in creating management teams are

1. To identify a candidate who is really eligible for the position.

2. To consider the learning through experience.

3. The shortlisted candidates background study should be very clearly analysed.

4. The methodology of handling things by the selected individuals must be analyzed through various level of tests.

5. Searching and planning for a smart team would really be a risky aspect ..

6. Anyone closely related to the organization should not be selected for the management team

7. Ego clashed among the team will be a much expected risks in forming the management team.


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