ARBUS101 Lecture Notes - Lecture 10: Well-Founded Relation, Situation Two, Chief Operating Officer
Document Summary
Module 10: management and leadership (chapter 8) Resources a general term that incorporates human resources, natural resources, and financial resources: include factors of production. Managers work in learning organizations; knowledge acquisition and innovation are required to survive in the rapidly changing environment. Managers used to be different at one time: proficient and knew more than the employees they supervised, tell people what to do and make sure they did it right (bossy, impersonal. Nowadays, being a manager means: being progressive, being educated to train, guide, support, motivate, and coach employees rather then tell them what to do. Trying to get best out of the employees: most modern managers emphasize team work and cooperation. Managers aren"t afraid of laying off employees, and employees aren"t afraid of leaving the company if their needs aren"t being met. Top leaders for fortune 100 companies are younger, and more of them are female than before.