Analyzing Roles of a Manager in the Functional Areas of Business

Analyzing the roles of a manager in the functional areas of business

Sam Walton mentioned that outstanding leaders go out of his or her way to boost the self-esteem of their personnel. If people believe in themselves it is amazing what they can accomplish (Walton, 2013). Managers must oversee the daily functions and operations in the working environment. Identifying efficiencies and deficiencies allows managers to develop possible courses of actions in implementing best business practices at each level of management. Managers must be aware of the legalities associated with business practices and employees.

Managers must take full responsibility in ensuring workplace practices are legally compliant with state, federal, and when applicable with international rules and regulations. The many functional areas of business evolve around resources, operational planning, and the most valuable asset- people (Baruch, 2009). Companies must recruit and retain their best candidates. Managers involved in human resources management can apply the concepts of professional development throughout the employee lifecycle (University of Phoenix, 2013). Managers must ensure to retain well-qualified employees through training and positive leadership.

Leaders as well as managers are responsible for handling conflict that may arise in the office. Many times the military has reflected historically on leadership lessons that motivated military personnel to perform above the call of their appointed duties. Many of the servicemembers paid the ultimate sacrifice to preserve America and other countries freedom. Leaders like managers must account for the quality and volume produced by their employees. Managers must account for resources equally important to human capital. Supplies and monetary resources need efficient management. Planning for the expected expense must also account for the unexpected. Managers can plan for short and long- term expenditures through available means of business data maintained by the business. This information is available in research and statistical data. The operations and management of business operation analyzes relevant information in determining the best plans for action to produce the desired outcome.

Marketing involves the intervention of managers at the various levels. It does not solely rely on advertising and selling the products or service. The process of marketing is heavily dependent on the customers’ needs and studies the trends that affect the sales and services. The volume of sales and frequency of service have a direct effect in production and delivery. One of the many process templates that managers used in developing a strategic plan is the Five Forces Model. The model depicted below determines industry