MGM101H5 Lecture Notes - Lecture 3: Bell Media, Formal System, Management Information System
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MGM101H5 Full Course Notes
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Bell media let go of 6 senior managers. Changing management can cause a conflict of interest. This is because of opinions that weren"t originally there to start with. Keep in mind, loyalty to old management can cause conflict between workers, and how loyal they are to their old organization as well. Also, slight changes from the top management (ceo) can cause big changes to the lower levels of employment. In terms of decision making that may negatively affect them. To be an effective manager you must be able to form an opinion, give your own ideas and make a good decision. A manager is responsible for making decisions under conditions of uncertainty about how to get scarce resources and trying to achieve organizations goals. Planning is where managers choose goals, identify actions to attain those goals and give responsibility to individuals. Strategizing is the process of thinking about what strategy the organization should take to reach their goals.
