Concept explainers
To identify:
The Management Skills that would be considered as most important for various managers along with reasons.
Introduction:
There are certain sets of skills which should be equipped within a leader to ensure the organizational matters run accordingly. Management skills help identify how managers/leaders approach organizational decisions.
Explanation of Solution
Considering H.S's role in company S as it’s chairman and Chief Global Strategist it is essential for him to have conceptual skills to help understand and diagnose complex business situations, conceptual skills help Mr. H.S strategize pathways for company S to proceed in.Interpersonal skills to help collaboratively work with external and internal parties well individually and in group settings. Given the designation held by Mr. H.S, it is important to have Technical skills which compromises of specific job-related knowledge and techniques which aid in carry out tasks related to the role.Finally, Mr. H.Sshould consist of Political Skills, political skills help develop a strong base whilst developing a well-connected resources network.
A company S’s store manager is also likely to benefit from the application of all above mentioned management skills suitably based on the job role. However, for a store manager, the most important skill would be a manager’s Interpersonal skill. This skill is important for a manager to motivate its workforce and to ensure the work gets done, similarly, interpersonal skills also refers to the manager’s capability in understanding and working well both individually and as a collaboration with the other employees.
Superiors of different levels can consist of all above-mentioned management skills, however, based on the above classification of importance, it is understood that the priorities for certain skills changes along with the designation.
Want to see more full solutions like this?
- 1) Are CEOs and key executives worth the large pay packages they receive? Explain. 2) Do you agree with Peter Drucker that corporate executives should receive compensation packages no larger than a percentage of the pay of hourly workers? Explain. 3) Do you think that executives in the broader public sector, such as hospital executives, should receive such large pay packages?arrow_forwardWhat is your evaluation of Mayer’s ability to effectively execute the three key managerial roles—interpersonal, informational, and decisional? Explain.arrow_forwardWhat can management researchers infer based on this study? Check all that apply. Midlevel managers require the highest level of interpersonal skills. If managers want to progress from junior to senior management, they will increase their use of strategic skills at a faster rate than they acquire cognitive skills. Strategic skills are more important than interpersonal skills for all levels of management. Cognitive skills show the least change in level required between junior-level and senior-level managers.arrow_forward
- What is human capital, and how do leaders use human and social capital to gain a competitive advantage? Asaparrow_forward1) What are the basic management roles ? 2) when might a manager use a particular role ? What role become increasingly important to managers in top level positions why ?arrow_forwardwho are the top management of starbucks and what experience and leadership skills the executives bring to the firm.arrow_forward
- One of the interesting things with Starbucks would be the focus on providing a great experience for customers, which is actually something beyond just the taste of the coffee products. Do you think this is something that could be controlled as well if they were franchised? Explain.arrow_forwardPlease Answer for attached questions. Thank youarrow_forwardDescribe the four levels of management, including the job responsibilities for someone at each level. 1. Planning 2. Organizing 3. Controlling 4. Leadingarrow_forward
- What type of interdependence do Starbucks employees seem to follow? Do you think it is effective? Why or why not?arrow_forwardGive me an example and explain of how Amazon company applied one or more of the four principal functions of management (planning,organizing,controlling,leading)arrow_forward1. 1.1 Discuss what social, environmental and legal responsibilities mean for a mining enterprise. 1.2 Theory of management presents different schools of thought by different scholars. Describe how you understand McGregor’s theory X and theory Y as they apply to mining enterprise.arrow_forward
- Foundations of Business (MindTap Course List)MarketingISBN:9781337386920Author:William M. Pride, Robert J. Hughes, Jack R. KapoorPublisher:Cengage LearningManagement, Loose-Leaf VersionManagementISBN:9781305969308Author:Richard L. DaftPublisher:South-Western College Pub