Last Updated 26 Jan 2021

Business Review: Does Management Really Work?

Essay type Review
Words 324 (1 page)
Views 162

Managers In the work place are there to do multiple Jobs on behalf of their boss including; making sure employees understand the companies goals, monitoring work performance and making decisions of placement for employees, and last to be a leader and good example for employees to follow. Better management will lead to better product/service and greater return on revenue for companies. The essential elements of good management are targets, incentives and monitoring. Targets help employees monitor their own success in the everyday Job.

For example an employee working at a concession stand might receive a target of selling 10 large popcorn a day by upsetting to customers. Those who reach this target will usually receive some sort of commission. This Is called an incentive. Incentives are rewards that show employees that the company is grateful for their efforts and willing to do more then Just pay out salaries. In order for companies to ropey reward employees and deal with underperforming employees managers must first recognize who is who.

This is don't by "Monitoring". By collecting data and analyzing what works best and what may not work so well; the company can continue to improve. Although there it is proven in this study that better management equals better return and a more efficient system many managers and supervisors may not see anything wrong with their current system. Schools, Hospitals, and Companies are all an by educated professionals who have most likely earned their position.

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This gives them a sense of confidence in what how they already do things. Change is not easy to adapt to but better management starts at the top. There must be a clear goal at hand. There must be desire to achieve this goal whether the person directly benefits from It or not. Incentives and Targeting help with this. All of this prevents lazy workers who simply can't wait to clock out. With good clear short-term Incentives and targets an employee can accomplish many things.

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Business Review: Does Management Really Work?. (2018, Jan 16). Retrieved from https://phdessay.com/business-review-does-management-really-work/

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