Preview

Challenges Faced by Management

Powerful Essays
Open Document
Open Document
1675 Words
Grammar
Grammar
Plagiarism
Plagiarism
Writing
Writing
Score
Score
Challenges Faced by Management
Challenges Faced by Management

Managing and supervising people are not an easy job. Every day we are facing different problems and challenges. Maybe a small or big problems that we must enhance or motivate our people, talk with them and even sometimes help them to solve their day to day problems. Every individual has his own characteristic to portray. Variations of people should take into consideration in managing them. Factors like timing, place, and situation would work well for the managers. With the fast changing world, we need to cope up with things that could hinder the development of one’s managerial skills. Here are the most common problems in management and how to solve them.

Employee motivation:

Motivating the employees and maintaining their morale is essential for every business. However, this is only possible when any grievances of employees are adequately addressed while ensuring the company's interests. This is a significant challenge faced by management, especially in today's economy where the ever increasing cost of living leads to increased employee dissatisfaction, which is difficult to handle when the cost of doing business is rising rapidly.

Recruitment:

Hiring the right people for the right job is a tough task. Analyzing the skills required for a particular job and searching through the multitude of resumes to find the perfect match is a challenge for any management.

Market changes:

Keeping a constant watch on market trends and evolving the business to adequately match the consumers' demands is another challenging responsibility.

Globalization:

In any business of significant size today, the competition is almost never limited to local competitors. The ease of doing business online, coupled with the evolution of communication and air transport has made it more feasible than ever for foreign businesses to compete with locals and the most glaring success story is China.

Delegation of responsibility:

Delegating key

You May Also Find These Documents Helpful

  • Powerful Essays

    Selecting Patient Escorts

    • 1462 Words
    • 6 Pages

    Finding a candidate that meets basic criteria’s such as education background and wanted work experience is only half of what’s needed to hire a productive employee, that’s why today’s organizations have created an gamut of ways to…

    • 1462 Words
    • 6 Pages
    Powerful Essays
  • Better Essays

    Week 10 Amba 640

    • 970 Words
    • 4 Pages

    Managing people is not easy, because everyone is an individual personality and everyone has their own opinion. Everyday people face different problems and challenges. These problems maybe small or big, but those problems need to be solved. Every individual has his own characteristic to portray. Variation of individuals should be taken into consideration in managing them. Factors like timing, place and situation would work well with managers. These everyday problems related to managing people are called managerial problems.…

    • 970 Words
    • 4 Pages
    Better Essays
  • Good Essays

    Employers are always looking for the right staff to fill the job vacancies that they have on offer. Finding the right staff means that recruitment and selection processes are a key factor in the success of any business. In order to be truly effective it is essential that a business has the right kind of personnel. Having people who enjoy their jobs and want to make a success of them can be the making of a company, while uninterested and unsuitable staff can bring a successful business to its knees.…

    • 456 Words
    • 2 Pages
    Good Essays
  • Satisfactory Essays

    Internal issues pertaining to employees consist of productivity, abiding by company rules, safety, passing training classes, and positive work ethics. Human Resource Management has rules and regulations in the company handbook to ensure consistency at work. These rules and regulations set the pace for a productive and professional workplace environment for employees and management. Internal issues may arise; however it is human…

    • 490 Words
    • 2 Pages
    Satisfactory Essays
  • Satisfactory Essays

    Although the article helps to find the challenges for managers, it is hard to define the leadership and management is the biggest challenge for managers. Moreover, this paper emphasis on the UK market, it does not have more information for the global market.…

    • 884 Words
    • 4 Pages
    Satisfactory Essays
  • Satisfactory Essays

    Employee morale in the workplace is one of the most important factors when dealing with improving chances of success within any business. When defeating poor employee morale the, opportunities for team motivation increases substantially. When a business fails to prevent or repair indigent employee morale, there assumes the risk of worker burnout and discontent at the workplace. The issue can lead to poor productivity, increased absences and could become very expensive with operational costs.…

    • 713 Words
    • 3 Pages
    Satisfactory Essays
  • Good Essays

    Bottlenecks in Hr Process

    • 657 Words
    • 3 Pages

    In my experience with hiring new employees, one of the most frequent bottlenecks that I encounter is my search to find qualified candidates to fill positions. The consequence of this bottleneck results in increased hiring time and reduced productivity which ultimately slows down the hiring process.…

    • 657 Words
    • 3 Pages
    Good Essays
  • Powerful Essays

    Intellectual property rights (IPR) are broadly rights granted to creators and owners of works that are as a result of human intellectual activity.…

    • 1221 Words
    • 5 Pages
    Powerful Essays
  • Powerful Essays

    Challenges of Management

    • 5189 Words
    • 21 Pages

    Management is an important organ of the modern society. The decisions of management in government, business and other organizations constitute a powerful social force which is vital to the effective functioning of the contemporary society. Management is that organ of the society which is given the responsibility of making the productive use of resources for the betterment of the society. The term ‘management’ is also used to represent an organized body of knowledge which enables the ambitious executives to acquire and master the skills needed to discharge their responsibilities effectively. This body of knowledge should not be taken as static. It should be studied in the light of socio-economic, political, educational and other changes. These changes make it appropriate (even mandatory) to re-examine the role of modem managers. Modern managers have the responsibility to devise the management practices to meet the new challenges and make use of the opportunities for growth of the organization.…

    • 5189 Words
    • 21 Pages
    Powerful Essays
  • Better Essays

    Management Challenges

    • 1909 Words
    • 8 Pages

    Norris D.B. (2001). The unreasonable and arbitrary manader. Consulting to management. Retrieved November 12th, 2005 from the world wide web:…

    • 1909 Words
    • 8 Pages
    Better Essays
  • Better Essays

    The workforce needs to be motivated to get the job done in efficient manners. The corporation often witness heavy workload and the employees have to manage that workload. The increase in workload leads to demotivates the employees because it requires the workforce to work for longer period of time at the same pay scale. It is often seen has the employees used to work without breaks which also induce higher level of fatigue among employees. The decline in employees moral leads to absenteeism and higher turnover. The higher turnover means that the employees are leaving the corporation in short period of time after their joining. This also increases the…

    • 1277 Words
    • 6 Pages
    Better Essays
  • Better Essays

    Competency Profiling

    • 3418 Words
    • 14 Pages

    With limited promotional opportunities, and planned attrition, getting the right people into the right jobs becomes critical to the success of an organization. The cost of an unsuccessful selection is an expense that organizations cannot afford.…

    • 3418 Words
    • 14 Pages
    Better Essays
  • Better Essays

    In today’s competitive world an employee satisfaction is very important for companies as a satisfied employee would produce more which in turn would give better benefits to the company. Job satisfaction is closely related to motivation level of the employees which depends on many factors such as monetary and non monetary benefits, working environment, co-workers, nature of the job etc., when all these factors are kept in proper levels the employee satisfaction level increases or remain maintained.…

    • 12644 Words
    • 51 Pages
    Better Essays
  • Powerful Essays

    Choosing the best suited individuals who are highly skilled and adequately suited for an employment position has become a difficult and sometimes a time-consuming process for employers. Today’s job market has become so diverse and competitive that companies must implement resources that assist them in carefully evaluating the credentials, backgrounds, and abilities of each candidate. Therefore, it is essential that organizations possess the ability to properly and effectively select qualifying applicants for employment positions. Hence, the HR recruiters or department heads rely on various selection tools designed to prescreen, evaluate and objectively select the best qualified individuals for the position, which will eliminate the time and money spent processing less qualified applicants. Just as many large corporations and technologically advanced industries reach for highly educated, experienced, skilled and talented employees, smaller operations such as supermarkets must also consider the diversity and competitive nature of the job market. Therefore, it is essential that the human resources manager and department heads carefully evaluate each applicant just as efficiently as larger more complex organizations.…

    • 1711 Words
    • 7 Pages
    Powerful Essays
  • Good Essays

    Managers are people who combine different types of resources and coordinate them efficiently and effectively to achieve goals set by their organisations. The term “efficient” in the aspect of management means the managers employ the resources wisely and cost-effectively, whereas the term “effective” means the managers make the right decision and strive hard to achieve the objectives by performing planning, organising, leading and controlling functions. These four functions are extremely important and must be coordinated to ensure the management operates as a whole.…

    • 997 Words
    • 4 Pages
    Good Essays