21st managers prioritise personal gain ahead of stakeholders interests
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hello.
first of all you have to know that the 21st century manager is highly innovative technologically and other charactersitics which they posess. This is an analysis question whereby we have to analyse how the decisions for instance being implemented by the manager will end up to his own benefit rather than those of the stakeholders thus you have to know the types of stakeholders associated with the type of organisation you will be referring to so you have to point out one decision which a manager can take that will end up benefiting him instead of the stakeholders. i will give an example lets say the manager will implement a decision of mechanising the whole organisation that tea at break will be served by robot machines thus it will be a big boost towards saving costs of employing ancillary staff e.g the chefs in the organisaton thus profit maximising from less expenditure of salaries and wages and the personal gain of the manager comes in when he will have achieved his self-esteem needs of implementing useful tactics as well as during the payment of salaries if the organisation makes huge profits coz of the cut costs of paying the ancillary staff the manager tend to get more bonus as they would record it it as bumper harvest year whereas going to the other side the workers amomg themselves wll be highly demotivated as they will be retrenched and also the owners as the other stakeholder will also fear that their company will gain a bad reputation of retrenching workers.
Hope it was a hint. good to be discussing with you
first of all you have to know that the 21st century manager is highly innovative technologically and other charactersitics which they posess. This is an analysis question whereby we have to analyse how the decisions for instance being implemented by the manager will end up to his own benefit rather than those of the stakeholders thus you have to know the types of stakeholders associated with the type of organisation you will be referring to so you have to point out one decision which a manager can take that will end up benefiting him instead of the stakeholders. i will give an example lets say the manager will implement a decision of mechanising the whole organisation that tea at break will be served by robot machines thus it will be a big boost towards saving costs of employing ancillary staff e.g the chefs in the organisaton thus profit maximising from less expenditure of salaries and wages and the personal gain of the manager comes in when he will have achieved his self-esteem needs of implementing useful tactics as well as during the payment of salaries if the organisation makes huge profits coz of the cut costs of paying the ancillary staff the manager tend to get more bonus as they would record it it as bumper harvest year whereas going to the other side the workers amomg themselves wll be highly demotivated as they will be retrenched and also the owners as the other stakeholder will also fear that their company will gain a bad reputation of retrenching workers.
Hope it was a hint. good to be discussing with you
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This sweeping statement for all 21st century managers is not true. It may be true in certain cases, but generally most managers of the present time are extremely efficient and result oriented.
Today's professional managers are better educated in management disciplines and, therefore, better equipped to succeed in the face of cutthroat competition. They steer their departments and organisations in the face of immense uncertainties.
Promoter and shareholder interests are better cared for by 21st century managers as they ensure continual growth and profitability of their organisations. In view of this, they expect better salaries and perquisites, which to my mind is absolutely in order and is commensurate to their output and the general performance of their organisations.
Today's professional managers are better educated in management disciplines and, therefore, better equipped to succeed in the face of cutthroat competition. They steer their departments and organisations in the face of immense uncertainties.
Promoter and shareholder interests are better cared for by 21st century managers as they ensure continual growth and profitability of their organisations. In view of this, they expect better salaries and perquisites, which to my mind is absolutely in order and is commensurate to their output and the general performance of their organisations.
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