Question

Describe the present business environment in the country today

Answer 1

Business environment is changing drastically in today's corporate world. In early years of current management era manager were suppose to work exclusively with equipments, data and systems; performing traditional tasks. But scenario of management responsibilities has been changed significantly and today's manger faces issues like cross training, personnel management , interdepartmental communication and widening job scope.

Role Of Managers

Managers run large corporations as well as entrepreneurial start-ups. They are found in government departments, not-for-profit agencies, museums, schools and even such non traditional organizations as political campaigns and consumer cooperatives. Managers can also be found doing managerial work in every country around the globe. No matter where managers are found and what gender they are, the fact is that managers have exciting and challenging jobs.

Changes Affecting Manager's Job

Following are the few well known changes due to which manager job is affecting.
CHANGE IMPACT OF CHANGE
Shifting organizational boundaries
Virtual workplaces
More mobile workforce
Flexible work arrangements
Empowered employees
Work life-personal life balance
Changing Technology
Risk Management
Restructured workplace
Discrimination concerns
Globalization concerns
Employee assistance
Uncertainty over future energy sources/prices
Changing security threats
Redefined values
Rebuilding trust
Increased accountability
Increased emphasis on
organizational and managerial
ethics
Customer service
Innovation
Globalization
Efficiency/productivity
Increased competitiveness


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