ADM 1300 Chapter 1: ADM1300 - Management 12e Notes

• School: University of Ottawa
• Department: Administration
• Course: ADM 1300
• Professor: Matthew Archibald

Document Summary

The work managers do is vitally important to organizations. Best companies and organizations are more flexible, more efficient, and more adaptable. Provide coaching, guidance and feedback to help employees improve performance. Managers are important because organizations need their abilities in uncertain, complex and chaotic times. They play an important role in identifying critical issues and crafting responses. You not only need to focus on the creative aspect of business but also on the commercial potential. Another reason managers are important to organizations is because they are critical to getting things done. For example: at&t has a bunch of managers who manage a lot of employees. They deal with issues as the company"s tasks are getting done. Gallup organization has found that the single most important variable in employee productivity and loyalty is the quality of the relationship between employees and their direct supervisors. Tower watson found that the way a company manages and engages its employees influences its financial performance.