Managerial Levels / Hierarchy
Managerial Levels / Hierarchy:
Every
organization has managerial hierarchy or chain of command that consists of
various levels of authority. The number of managements generally differs from
organization to organization. Since management is process of exercising
authority and understanding responsibility, its function is to be allocated
according to various functional departments or sections. By and large, quite
many organizations identity within them three levels of management such as –
1)
Top management: Top management deals with policy issues and with planning and
analysis that totally concerns the entire organization and its future
direction. They are vested only with preliminary control and him obtaining
feedback to assesses degree of long-range plan success. The nature of their
work can be classified as intangible and hence cannot exercise touting or
concurrent control. The top management may consist of an individual called
chief Executive/Managing Director or group of personas consist of a chairman
and functional directors. The special features of top management are creative
imagination, judgment, initiative and vision After function of top management
include-
a)
Planning
b)
Analysis and interpretation of
inter and external environment.
c)
Effective organization.
d)
Senior appointments.
e)
Profit distribution
f)
Providing apex direction and
leadership.
g)
Company relationship
2)
Middle
Management: These are a crucial link between to management
and first line operating management. These are concerned with preliminary
control in the forms of operating policies and procedures some of their
functions include-
a)
Executing polices laid by top
management.
b)
Formulating rules, regulations
and procedures for lower-level management members.
c)
Motivate, develop and train
supervisory or first line managerial staff.
d)
Developing new products,
processes, capital investment plan, and productivity improvement plans-
e)
Controlling and reporting of
progress.
3)
First Line
Operating or (Supervisory Management): They deal with current
plans, programmers and events. Actually, they deal with short term problem.
They are not much interested in what happened in the past or what will happen
in future. They live in current period. Some of the major function of them
involve.
a)
Planning day to day
programmers.
b)
Assigning of jobs/tasks to
workmen.
c)
Issuing instruction and order
to workmen
d)
Preparing and dispatching daily
to reports.
e)
Maintaining discipline.
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