Running head: MANAGEMENT THEORIES AND THE WORKPLACE1Management Theories and the WorkplaceName:Institution:InstructorDate:MANAGEMENT THEORIES AND THE WORKPLACE2Management Theories and the WorkplaceManagement is a business activity that involves planning, organizing, directing andcontrolling the manner in which an organizations resources are used. This is usually with an aimof achieving the set goals and objectives. According to Peter Drucker, management also involvesthe basic idea of innovation and marketing. Management size varies form one person to hundredsor thousands depending on the size and structure of an organization. The quality and experienceof managers or directors of a company greatly affect the companys current and future worthhence needs to have visionary leaders with a clear policy for the company. Management has fivemajor concepts which include function, human relation, leadership and decision making,productivity and integration.Roles of ManagersManagers play various roles in an organization since they are in control of activities toget things done through others. Basically, managers should conduct themselves in such a mannerthat their subordinates look up to them for support hence role models. Their roles are categorizedinto three major classes which are interpersonal roles, decisional roles and informational roles.Interpersonal roles are leadership, figurehead and liaison. As a manager, one is supposed tocoordinate others ...
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