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Business Plan Sample

In: Business and Management

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ASSIGNMENT 3 – ENTREPRENEURSHIP: (MANAGEMENT)
Management is incorporated into every aspect of an organization, with different roles and responsibilities. Management of an organization is a great job which needs the three important roles.
1.Interpersonnel Roles
2.Informational Roles
3.Decisional Roles

Interpersonel Roles

1. Figurehead: It means symbolic-head. His activities include ceremony, status requests and solicitations.
The term 'figurehead' is frequently used to describe a powerless person who represents an organization without having real authority, but when the figurehead has responsibilities within the other nine managerial roles, there is not a negative connotation. A figurehead also provides inspiration by sharing the mission and vision of the organization and symbolizing authority
2.Leader: It means, responsible for motivating and activating the subordinates. His activities include responsibility for staffing, training, subordinate’s team building, etc.
'leader' is a generic term and the most widely examined of the ten roles, Mintzberg specifically defines the leader managerial role as the act of directing goals and evaluating employee performance. Mentoring, training, and motivating employees are all leadership activities. If you were to develop a new employee orientation program, you would be acting as a leader.
“A Leader Is One Who Knows The Way,Goes The Way,And Shows The Way.”

3. Liason: It means, maintaining a self-developed network of outside contact and information. His activities include interactions with outsiders, responding to mails, external board work, etc.
A liaison networks by connecting people inside the company as well as externally. This role is not about dissemination of information. Being a liaison is about identifying the challenges and goals faced by others and connecting them with resources that will enable…...

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