1.2 Management Levels and Types PDF

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Top-Level Management determine broad strategic strokes for the organization in general, and focus on the big picture Understand the responsibilities and characteristics of top-level management Key Takeaways ● Vertically ordering managerial functions allows managers at different tiers to focus on different ranges or scopes of organizational behavior and strategy ● One of the weaknesses of managerial organizations that can polarize power and salary ● Top-level managers (such as CEOs) tend to be big-picture strategic thinkers with a substantial amount of experience in the industry and/or function they manage ● Executive team focuses on determining long-term strategy Hierarchical: Ranked in some order, often order of importance Management: logically at the top, overseeing the entire organization Middle managers: are in the middle, acting as a bridge between upper management and certain work groups Lower managers: task or process oriented, managing functional specialists and projects The Pros and Cons of Vertical Thinking Different management professionals can view the organization from different angles Top-level managers tend to focus on the bigger picture thinking Middle-managers focus on aligning a large work groups towards shared objectives...