Mega world is the country’s leading real estate company in the Philippines. It develops large scale of communities, luxurious residential, commercial, leisure facilities and educational commodities it’s a place we’re people would really love and enjoy. Mega world would not be as renowned as today not because of someone who is capable of managing it. Through his leadership Mega world is the most admired companies today. Mega world is a place we’re people can live with their luxurious residential, work and play with the communities; learn in their educational commodities and you can commercially shop.
Based on the article it says that Mega world bagged two major awards and garnered the most number of highly recommended projects at the 2015 Philippines
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For me it is difficult to manage a company like Mega world but the assigned person on each division really did their job well. In managing we should focus on the assigned area or division for us to deal in such problem. Managing is not just to control or supervise but to inspire, maintain perspective and motivate people. To manage is to know the personal insights, skills, knowledge and attributes you need to successfully lead others in the workplace. Different things motivate people and that people will do what they have to do. Focusing on communication, behavior and emotional leadership, you will discover how to engage employees and create diversity in the workplace. In a business we must take risk because we don’t know if we may succeed, and the actions and reactions must be consistent. Clients serve as a big role in the organization because without them no one would work hard for the success of the …show more content…
Management emphasized a lot in our daily live, it is considered an element for success in business world. With a good management, a failed organization can be turned to a successful one, while bad management can lead a successful one to failure. In a business open to every problem and is responsible to it may be easy or difficult. Don’t forget to be a person of values because it is important in a business because you will meet other personality. Communication is important in the business world because communication is sharing of ideas and information between people and the organization. The success of the company is the success of all because all clients have worked hard on it and it must be treated equal. To be successful, don’t be afraid to study and learn from your competitors. Success requires long term; you can’t be successful with just a blink of an eye because you must strive hard, a lot of hard work and dedication. Having time management is important, especially having time with your family. You are working hard but you don’t have a family it would be waste, rather than working hard for your family. We should know how to deal with other people about their personality. We should know what is right and wrong and also how to deal with the problems in the organization or with our co-workers. I’ve learned that starting a business and being in the business
The success of the organization depends on how the leaders utilize their management and leadership skills in the organization. Mission, vision and core values of the organization are posted everywhere in the organization to remind every stakeholder about their accountability and responsibility in accordance to the corporate goals. This can’t be effective without successful leadership approach. Effective leader must know how, when and where to communicate the shared vision of the organization to its stakeholders. The goal is to align personal values with the corporate values to reach optimum level of satisfaction towards the work, and the company expectations to its stakeholders. Ineffective leaders are not capable of employing this. They are not capable of employing management by objective or the ability of the managers to align the objective of the all the units and departments of the organization into the organizational goals and values. MBO starts with setting organizational objectives, followed by cascading objectives down to employees-cascading objectives down to employees requires adoption of SMART approach to ensure that goals are attainable and accountable (Mindtools, 2014)
What is leadership? Leadership is having the ability to give guidance to those that will follow. Those that follow will help to complete the mission. Leadership is a soft science, just as anthropology, sociology and psychology. It cannot be proven exactly what it is. Leadership is an art, the skillful application of leadership behaviors beyond techniques is much the same as the skillful application of brushstrokes by a master painter. Leadership is both rational and emotional. It involves both sides of human experience. It includes actions and influences based on reason and logic as well those based on inspiration and passion. Leadership is a social process shared among all members of a group. Leadership development comes through experience. We all learn from our different experiences. Whether positive or negative, they are our tools for growth and development.
An organisation is a deliberate arrangement of team consisting different personal identities to accomplish some specific goals and managers are the ones who hold the responsibility of mastering and placing them together to strive for that purpose (Robbins, Bergman, Stagg, and Coulter, 2008). Robbins et al. (2008) have stated that managers are people who coordinate and oversee the work activities of others so that the goal is accomplished effectively and efficiently. Managers usually possess qualities such as having strong communication skills, flexibility, imagination, enthusiasm, problem solving skills, and of course the desire to be a great leader (Phdinmanagement.org, 2014). The structure of management conducted by a manager is often influenced by the four functions introduced by Henri Fayol (planning, organising, leading, controlling); how Henry Mintzberg’s management roles play in the organisation and also the three essentials management skills proposed by Robert L. Katz (Robbins et al., 2008).
Every manager must have a set of principles, values, and core beliefs that he must follow. These principles, values, and beliefs make up his philosophy of management. Webster defines philosophy as “the most basic beliefs, concepts, and attitudes of an individual or group.” (Webster) I will be discussing the principles, values, and beliefs I as a manager will have to do my job efficiently. I will also discuss the different biblical beliefs that support my management style.
Management is a very tough job in today’s world of ambiguity, uncertainty, stiff competition and threatening environment. You have to be mentally and physically very strong to cope up the challenges posed by the current business environment. Following are the most important management skills and qualities needed for a successful manager.
Successful business leaders have stressed that good management skills, whether in a large corporation or in a one-person business, are vital to the success of a business. Many small business people may be good at launching their venture, but weak in managing the development and later stages of the business. DIFFERENCES AND SIMILARITIES BETWEEN A MANAGER AND A LEADER Leadership is just one of the many assets a successful manager must possess. Care must be taken in distinguishing between the two concepts. The main aim of a manager is to maximise the output of the organisation through administrative implementation.
Although it maximized efficiency and productivity but its main limitation was ignoring human aspects of employment. This is manifested in the following:
As all the countries are on the way to globalize with each other, business is not the exception. Globalization in business definitely brings a lot of great opportunities for many countries. However, in order to make the best of the globalization in business, management is the golden key to that success.
Managers nowadays do not actually do what a manager really should do back in the eighties. Changes that occurred in the new economy, the increasing use of technology in business, and the effects of globalisation towards business world have led management into a whole new dimension. New managers are expected to be able to manage on an international scale, act strategically, utilize technology, establish values, and of course, act responsibly as well. (Crainer, 1998) Henry Mintzberg once asked, "What do managers do?" After conducting his research based on a study of five CEOs, he concluded that managerial work involves interpersonal role, decisional role and informational role. And the fact is that, managers get things done through other people. Therefore, managers are required to possess certain skills and competencies which allow them to play these roles effectively and efficiently throughout the four functions of management. (Mintzberg, 1998)
The leaders in businesses can take Bill Gates as their role model and follow the top 10 qualities that make a good manager based on his experience.1.Choose a field thoughtfully as it’s hard to be productive without genuine enthusiasm,2.Hire carefully and be willing to fire,3.Create a productive environment,4.Define success by making it clear to your employees what constitutes success and they should measure their achievements,5.You have to like people and be good at communicating,6.Develop your people to do their jobs better than you,7.Build morale,8.Take on projects yourself,9.Don’t make same decision twice,10.Let people know whom to please.(Bill Gates, New York Times)
This essay has shown that some of the most important elements for business students to be successful in their career are time management practices, greater knowledge and skills related to time management and how business studies can help lead to successful business career by linking theories studied with real experiences in the workplace.
Over the past hundred years management has continuously been evolving. There have been a wide range of approaches in how to deal with management or better yet how to improve management functions in our ever changing environment. From as early as 1100 B.C managers have been struggling with the same issues and problems that manager’s face today. Modern managers use many of the practices, principles, and techniques developed from earlier concepts and experiences.
Management role is to provide powerful leadership and define goals and constantly ensure employees commitment to the organization in return the reward employees when targets reached. There is no fundamental conflict between the both sides and when the conflict occurs it presumed as abnormal behavior or an outcome of poor
Management is vital for any organisations regardless of the size and the types of the organisations. In general, management is defined as “the application of planning, organizing, staffing, directing, and controlling functions in the most efficient manner possible to accomplish meaningful organizational objectives.” (John M. Ivancevish and Thomas N. Duening, 2007)
In the 21st century they consist of various barriers that prevent managers and leaders from achieving their goals and improving their organizations work. Managers constantly try tackle this issues that drive towards lowering productivity. Challenges of management include :