After reading this article you will learn about the role and responsibility of personnel manager. Role of the Personnel Manager: Personnel manager plays following roles in most of the modern enterprises: 1. Consultant: Frequent visits are paid by the employees with their problems, misunderstandings about their employees etc. to the personnel manager. He gives them proper suggestions and provides consultancy [...]
Future managers will have to face the following problems: 1. Increased Complexity of Decisions 2. Outlook for Management Education 3. Insufficiency of Existing Organisation Structure. 1. Increased Complexity of Decisions: The decision-making process will become more complex in the future because of two important reasons. The first reason is that managers are getting more and better information. The availability of [...]
In this article we will discuss about the criteria for selection of business unit managers in a company’s portfolio with the help of BCG matrix. 1. Question Marks: Its primary goal is growth. These businesses require entrepreneurial managers capable of creating new products and developing new markets. For such tasks, individuals with product development, market research, and developmental engineering backgrounds [...]