MGMT 2100 Study Guide - Midterm Guide: Monarchy In The Canadian Provinces, Organizational Commitment, S.M.A.R.T.
13 Feb 2018
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Top managers: executives responsible for the overall direction of the organization (job titles start with chief, ex. Responsibilities: create a context for change, forming a long-range vision or mission for the company, develop employees" commitment to and ownership of the company, create employee buy-in, create a positive organizational culture through language and action. Impart company values, strategies, lessons: monitor their business environment, customer needs, competitors moves, and long-term business, economic, and social trends. Middle managers: responsible for setting objectives consistent with top management"s goals and for planning and implementing subunit strategies for achieving these objectives (ex. Figures out the how to do the what . Plan and allocate resources to meet objectives. Coordinate and link groups, departments, and divisions within a company. Monitor and manage the performance of the subunits and individual managers who report to them. Implementing the changes or strategies generated by top managers.
