Management operates at three primary levels, each with distinct roles and responsibilities:
1. Top-Level Management
Key Players: Executives like CEOs, CFOs, and Managing Directors.
Responsibilities:
Define the organization's mission, vision, and long-term goals.
Formulate strategies and policies.
Make critical decisions and represent the company externally.
2. Middle-Level Management
Key Players: Department heads, branch managers, and division leaders.
Responsibilities:
Implement strategies and policies set by top-level management.
Supervise and coordinate activities of lower-level managers.
Serve as a link between top-level and lower-level management.
3. Lower-Level Management (Supervisory or Operational Management)
Key Players: Supervisors, team leaders, and foremen.
Responsibilities:
Oversee daily operations and manage the workforce.
Ensure tasks are executed efficiently as per plans.
Handle immediate issues and maintain employee morale.
Each level plays a vital role in ensuring the smooth functioning of the organization, working collaboratively toward common objectives.
