Role of a manager

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Last updated 2:50 PM on 5/19/24
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4 Terms

1
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What features of senior management are there?

  • E.g Board of directors

  • Set corporate objectives and strategic direction

  • The board is responsible to shareholders; led by the CEO

2
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What features of middle management are there?

  • Accountable to senior management

  • Run business functions and departments

3
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What features of junior management are there?

  • Supervisory role, accountable to middle management

  • Monitor and control day-to-day tasks, and manage teams of workers

4
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What are the main roles of managers?

  • Set objectives: Sales targets by product and territory

  • Analyse performance: Sales performance compared with last year and budget

  • Review performance: Individual appraisals for each salesperson

  • Make decisions: Where and how to spend the promotional budget

  • Lead others: Motivate, encourage and inspire the sales team