This document outlines the managerial functions at different levels of management - top, middle, and lower. At the top level, functions include analyzing the business environment, setting objectives and policies, strategic decision making, and overseeing middle management. Middle management carries out plans, coordinates departments, serves as a liaison, and reports to top management. Lower management implements operating plans, supervises workers, and communicates issues upwards while carrying out tasks delegated by higher levels.
This document outlines the managerial functions at different levels of management - top, middle, and lower. At the top level, functions include analyzing the business environment, setting objectives and policies, strategic decision making, and overseeing middle management. Middle management carries out plans, coordinates departments, serves as a liaison, and reports to top management. Lower management implements operating plans, supervises workers, and communicates issues upwards while carrying out tasks delegated by higher levels.
This document outlines the managerial functions at different levels of management - top, middle, and lower. At the top level, functions include analyzing the business environment, setting objectives and policies, strategic decision making, and overseeing middle management. Middle management carries out plans, coordinates departments, serves as a liaison, and reports to top management. Lower management implements operating plans, supervises workers, and communicates issues upwards while carrying out tasks delegated by higher levels.
MANAGERIAL FUNCTIONS Managerial functions are classified into 3-Categories
• Functions at top level management
• Functions at middle level management • Functions at bottom level management MANAGERIAL FUNCTIONS • Executives, positions, and functions in management levels vary according to the - type of business, size of operations, - geographical dispersion of activities, management philosophies, etc. • Functions at each level are general in nature. • Each functional area has different levels FUNCTIONS AT TOP LEVEL MANAGEMENT
• Top level management includes the board of
directors, chairman/ MD/CEO • The designations may differ in different organisations. The level may also include the top advisors. Functions of Top Level Management 1. Analyse and evaluate the business environment and determine the firm's response to it FUNCTIONS AT TOP LEVEL MANAGEMENT
2. Determine basic objectives for the enterprise
3. Formulate main long-term policies, rules, procedures, budgets, etc 4. Decide the structure of the organisation and select top executives 5. Deal with legal formalities and procedures 6. Deal with financial and technological issues 7. Finalise strategic decisions, such as long-term contracts, mergers, acquisitions, etc FUNCTIONS AT TOP LEVEL MANAGEMENT
8. Guide, supervise, review, and control middle
level executives 9. Integrate efforts of departmental heads 10. Motivate the employees and boost their morale 11. Build and maintain good public relations with stake holders and public FUNCTIONS AT MIDDLE LEVEL MANAGEMENT
• Middle Level Management works directly under
the top level and exercises direct authority over the bottom level • Comprises departmental heads/managers - production, finance ,HR and marketing manager. FUNCTIONS AT MIDDLE LEVEL MANAGEMENT • They are responsible for efficient functioning of their respective departments as per basic objectives, policies, rules, procedures, etc., laid down by the top level management. • They plan their operations, guide employees, coordinate efforts, manage for resources, control their efforts, and maintain relations with other departments. FUNCTIONS AT MIDDLE LEVEL MANAGEMENT 1. Carry out operations according to the plan formulated by the top level 2. Make arrangement for necessary resources and facilities for the department 3. Coordinate and control efforts of people working in their department FUNCTIONS AT MIDDLE LEVEL MANAGEMENT
4. Maintain amicable relations with other
departments 5. Serve as the link between the top level and the operating level 6. Recruit, select, and train supervisory personnel 7. Motivate employees working at the lower level FUNCTIONS AT MIDDLE LEVEL MANAGEMENT 8. Collect and analyse necessary information and prepare report for the top management 9. Guide, instruct, and control lower level employees 10. Perform any task assigned by the higher authority FUNCTIONS AT LOWER LEVEL MANAGEMENT
1. Extend all possible cooperation to higher
authorities in implementing departmental plans 2. Prepare and implement operating plans for carrying out day-to-day activities effectively 3. Deal with recruitment, selection and training for workers FUNCTIONS AT LOWER LEVEL MANAGEMENT 4. Supervise and control activities of workers/salesmen 5. Maintain discipline and order at work place 6. Create and maintain healthy work climate 7. Manage necessary materials and facilities for workers FUNCTIONS AT LOWER LEVEL MANAGEMENT 8. Communicate problems of workers with the higher authorities and seek suitable solutions 9. Report performance of workers to the higher authority 10. Perform any activity assigned by the higher authority THANK YOU