‘in the Current Economic Climate, What Are the Biggest Challenges and Biggest Opportunities Facing New Managers Entering Industry?’ Essay Example
Jacky Pei Chen
ID: 4576323
4th Nov 2012
‘In the current economic climate, what are the biggest challenges and biggest opportunities facing new managers entering industry?’
Nowadays the world economic situation is facing the most complex challenge: European debt risk, the financial markets turmoil. According to the Global Economic Prospects, the financial crisis will continue with next three years. However, the recovery of economic has already started. In this situation, the macro-control policy is dilemma. The economic productivity power is not strong enough, the long-term employment pressure is continuing. These problems need to be solved immediately. To keep running in this still difficult economic climate, any companies in any industry should aggrandize their contribution. So it is obviously that new managers are facing the biggest challenges and biggest opportunities than before.
What is managers, and what they need to do? Managers need to use their whole operating management knowledge and their abundant manage experience to help enterprises run business independently and create the benefits for enterprise. Managers need to offer the necessary services and capability, which are beneficial for running, maintaining and managing the company. Although manager is an admiring job, but not everyone can be qualified for this work. As a manager, it is necessary to build up 7 qualities. 1. Ahead of consciousness As a manager in company, you need to seize the develop trend of industry and where a company is headed. It is very important to equip with strategic vision. The manager must know the internal and external environment, which are related to the enterprise. Searching the advantage opportunities for company and also help the company to get over negative factors. 2. Critical thinking skills Keep your ears and mind wide open. Like to accept new things, be active to get second opinion. Must facing the challenges and opportunities of
ID: 4576323
4th Nov 2012
‘In the current economic climate, what are the biggest challenges and biggest opportunities facing new managers entering industry?’
Nowadays the world economic situation is facing the most complex challenge: European debt risk, the financial markets turmoil. According to the Global Economic Prospects, the financial crisis will continue with next three years. However, the recovery of economic has already started. In this situation, the macro-control policy is dilemma. The economic productivity power is not strong enough, the long-term employment pressure is continuing. These problems need to be solved immediately. To keep running in this still difficult economic climate, any companies in any industry should aggrandize their contribution. So it is obviously that new managers are facing the biggest challenges and biggest opportunities than before.
What is managers, and what they need to do? Managers need to use their whole operating management knowledge and their abundant manage experience to help enterprises run business independently and create the benefits for enterprise. Managers need to offer the necessary services and capability, which are beneficial for running, maintaining and managing the company. Although manager is an admiring job, but not everyone can be qualified for this work. As a manager, it is necessary to build up 7 qualities. 1. Ahead of consciousness As a manager in company, you need to seize the develop trend of industry and where a company is headed. It is very important to equip with strategic vision. The manager must know the internal and external environment, which are related to the enterprise. Searching the advantage opportunities for company and also help the company to get over negative factors. 2. Critical thinking skills Keep your ears and mind wide open. Like to accept new things, be active to get second opinion. Must facing the challenges and opportunities of