A manager is a person who performs the functions of management. Manager is a person who is responsible for a part of organisation or for the whole organisation. In large companies management is divided into three categories upper management, middle management and lower management. The lower management includes managers who operate at basic levels. Middle level management oversees lower management and submit reports to senior manager. Upper management consists of board of directors, share holders who are the owners of the company. There are various types of managers such as Top Managers, Functional Managers, Team Managers, Line Managers, General Managers etc.
A manager is an expert in his/ her field and support employees to work together as a team to attain the goal. He is responsible for Controlling or administering a group of staff.
According to the young Entrepreneur Council, a good manager should have the following qualities:
Business conditions are not same always, it keeps on changing, according to the external activities and internal stability. A manager can be innovative by developing new thoughts and ideas, adapting ideas from fields other than his own, combining old ideas with new ones, or motivate his own subordinates with their new ideas. In olden days they believed that a manager act as convenient subordinates to the masters of industry in achieving their goal for profit maximization.
The manager is expected to move with their sub-ordinates on day to day basis, to improve their working efficiency, skill, knowledge and interest shown on the work allotted to them. A managerial position of any kind holds more responsibility than a simple employee and generally pays a higher wage. Advanced managerial positions normally require a degree and experience, though companies differ in structure and in requirements.
The following are the important functions of a Professional Managers:
1. Providing direction to the firm
2. Managing Survival and constant development
3. Maintaining & improving firms efficiency
4. To face the competitors challenges
5. Innovation of Technology
6. To update the new processes and resources.
7. To build Human relations
8. Quality of Leadership
9. To introduce change management
10. Uses of the Best Information Technology.