When it comes to running a business organization, how much effect do you think the management have to the business, if the person in charge of management is not competent enough, do you think the business would be able to run smoothly or would the person in charge of management run the business down.
Effect of management to the business
- Thread starter eldavis
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I'd say it depends. A seasoned group of skilled workers generally don't need good leadership to complete a task or contract at a small scale and even poor management can often keep things running to complete larger projects However, many industries require lower-level employees to be guided and mentored to achieve larger goals beyond a team and having a large group of new and low experienced workers is more common than not. So in most cases, I'd say that poor management leads to poor results, but there are certain expectations for the rule. But those exceptions would still likely benefit from better leadership.
Poor business management is one of the reasons why a lot of business crash today. This is why it is very important for you to hire someone that is skilled in the field of business management, to make sure that the person brings top-level managerial skill to your business. This will help to make sure that it doesn't crumble.
Management plays a key role in the success of a company. Management sets vision, strategies and develops plans for the company. It also ensures that the plan is implemented effectively. Poor management leads to the failure of businesses.
There is a reason bank managers in my country are people of high intelligence. It is because the continued existence of the business is dependent on the current managers. If they are not good enough, the business would fail.
Taking where I work for instance If the person in charge of management is not competent enough, it is likely that the business will not run smoothly, and there is a risk that the business may even fail because Incompetent managers may struggle to make decisions, fail to motivate employees, and make poor choices when it comes to allocating resources and this can lead to a decline in productivity, lower employee morale, and ultimately, a decline in the business's overall performance and the competence of management can have a significant impact on the success or failure of a business organization a competent manager must provide effective leadership, make strategic decisions, allocate resources efficiently, and ensure that the organization runs smoothly. On the other hand, an incompetent manager can make poor decisions, fail to communicate effectively with employees and customers, and create a toxic work environment.
Have you ever seen a situation where something happens in an organization and the manager is supposed to take action quickly to avert further damage, but the manager can't, because he doesn't know what to do. Such a business would surely crash.