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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.
In strategic planning and strategic management, SWOT analysis (also known as the SWOT matrix, TOWS, WOTS, WOTS-UP, and situational analysis) [1] is a decision-making technique that identifies the strengths, weaknesses, opportunities, and threats of an organization or project.
A management style is the particular way managers go about accomplishing these objectives. It encompasses the way they make decisions, how they plan and organize work, and how they exercise authority. [2] Management styles varies by company, level of management, and even from person to person.
Some theorists have cited ancient military texts as providing lessons for civilian managers. For example, Chinese general Sun Tzu in his 6th-century BC work The Art of War recommends [citation needed] (when re-phrased in modern terminology) being aware of and acting on strengths and weaknesses of both a manager's organization and a foe's.
Transactional leadership (or transactional management) is a type of leadership style that focuses on the exchange of skills, knowledge, resources, or effort between leaders and their subordinates. This leadership style prioritizes individual interests and extrinsic motivation as means to obtain a desired outcome.
A matrix organization. Matrix management is an organizational structure in which some individuals report to more than one supervisor or leader—relationships described as solid line or dotted line reporting, also understood in context of vertical, horizontal & diagonal communication in organisation for keeping the best output of product or services.
For example, research has shown that diversity increases the quality of problem solving and increases innovation among human teams. We expect this principle to hold not only when considering the ...
Skills management is the practice of understanding, developing and deploying people and their skills.Well-implemented skills management should identify the skills that job roles require, the skills of individual employees, and any gap between the two.