Search results
Results from the WOW.Com Content Network
A general manager (GM) is an executive who has overall responsibility for managing both the revenue and cost elements of a company's income statement, known as profit & loss (P&L) responsibility. A general manager usually oversees most or all of the firm's marketing and sales functions as well as the day-to-day operations of the business.
For example, organizations that tend to hire or promote solely on the basis of technical skills, i.e. to the exclusion of other competencies, may experience an increase in performance-related issues (e.g. systems software designs versus relationship management skills)
A job description or JD is a written narrative that describes the general tasks, or other related duties, and responsibilities of a position. It may specify the functionary to whom the position reports, specifications such as the qualifications or skills needed by the person in the job, information about the equipment, tools and work aids used, working conditions, physical demands, and a ...
To achieve an organization's objectives, functional managers need a number of specific skills—for example: communication skills, decision-making skills, and interpersonal skills. [4] Technical skills are essential for functional managers, because they require specific knowledge and capabilities to accomplish their tasks.
Executive managers hold executive powers delegated to them with and by authority of a board of directors and/or the shareholders.Generally, higher levels of responsibility exist, such as a board of directors and those who own the company (shareholders), but they focus on managing the senior or executive management instead of on the day-to-day activities of the business.
A delegative management style or management by delegation (MbD) [8] allows employees to take full responsibility for their areas of work. The manager assigns tasks with little or no direction and expects the staff to achieve results of their own accord. The manager retains responsibility for meeting objectives.
For example, in some restaurants, the front-line managers will also serve customers during a very busy period of the day. In general, line managers are considered part of the workforce and not part of the organization's proper management despite performing traditional management functions. Front-line managers typically provide:
A general manager (GM) is a sports management position for an American football team who typically leads management of rosters and contracts. GMs answer directly to the team's owner in such an organizational model and are viewed as the team's most senior executive in football operations.