As we turn toward a global economy, successful managers will be required to have a working knowledge of the international business environment.

Each managerial position in every firm or organization is unique, fulfilling the specific requirements of the organization. A manager is an active member of the management team and is skilled in teamwork, decision making, leadership, communication, and interpersonal relationships.

Functions of a Manager

  • Planning: involves defining organizational goals, setting objectives, and developing short and long term strategic planning.
  • Organizing and Administration: establishes the structure which enables employees to work together efficiently and productively, to accomplish plans and to meet the organization's goals.
  • Leading: The manager is a motivator, helps create a good work environment, and is involved in training employees as well as assigning responsibilities and delegating authority. They manage conflict and change.
  • Controlling: requires managers to receive the information necessary to evaluate em­ployee performance and progress of the firm's strategic objectives and take correc­tive action if required.