1Q) You need 300 response below post with reference
Management hierarchy: strategic, managerial and operational. (Click to Read Instructions)
There are three levels of management hierarchy: strategic, managerial and operational.
Part 1: Review at least 4 academically reviewed articles on each management hierarchy. Summary the articles in your own words.
Part 2: Discuss how the three levels of management hierarchy: strategic, management, and operational relates to the mission of a business.
Part 3: As an IT professional, how would you use information technology to improve the efficiency the three levels of management hierarchy?
2Q) You need 250 words response below post
Organization must have levels of management hierarchy so that operations are carried out and ensures smooth functioning. There are three levels of management, top, center and low level. They are explained below.
Strategic Management:
Top level management is responsible for making decisions so that they can achieve goals. So preplanning and how to achieve goals are designed here and any uncertainties can be eliminated to ensure smooth functioning. They will often provide with new ideas which would benefit organization in long run and so implementing them by following various strategies so that company will remain for longer periods of time (Gartenstein, 2018).
Managerial Management:
This is center level of management; managers will follow tasks set by top level management. Here managers oversee low level management and report the progress to top level and they are mostly responsible for collecting, storing data which would help top level in making decisions. Here everyone should be able to communicate with each other so that they can share data and save lot of time and can improve accurate decision making process (Bucur, 2013).
Operational Management:
In this level of management foremen, supervisors, crew leaders, store managers are responsible for carrying out their tasks. They are involved in improving quality, productivity and capacity of organization. They will report or make documentations on how everything is being progressed so that they can make new plans if they are lagging behind.
As an IT expert, using recent innovations and tools for providing sharing of data and communication between different levels of management in order to improve efficiency between levels of management should be done.
Communication between employees of various levels of management only helps organization in sharing data or any information which would save other managers lot of time instead of searching for it. In order to achieve this communication between various levels of managers for transferring messages or information we can use new technologies like instant messaging, emails, social media to communicate with others is possible so that messages are conveyed or information is shared.
2Q) You Need 250 words response below post
From the reading, there are three levels of the management hierarchy. These are strategic, operational and managerial levels. At the strategic level, top or senior level management plans and make decisions which set or affect the long-term direction of the whole organization (Martin, 2017). The top-level management set priorities, strengthen operations, focus energy and technology and human resources and finally ensure that all employees and business partners work together towards achieving common organizational goals and objectives.
The decisions made are future-oriented and visionary. This hierarchical level deals with mission, vision and long-term strategies of the company (Gable, 2015). Top management plans heavily as this is important for visionary companies. The board of directors appoints top management roles, and the top management is answerable to them. Top managers also oversee the middle managers.
At the managerial level, the middle-level managers define the business models and make various tactical decisions which are of short range. Middle-level managers usually design business procedures, processes, and policies to implement strategic plans (Kalpana, 2018). Middle-level managers usually supervise first-line managers. Middle-level managers usually deal with important aspects of a company which is not strategic in nature.
At the operational level, supervisors and managers rely on detailed data in real time. First-line managers control operational level management hierarchy. The managers deal with employees directly, and they exhibit strong leadership skills (Johnson, 2014). Decision making is usually short-term or immediate since the decisions are made to govern or control the ongoing operations and activities. Control and feedback are critical to identifying deviations from goals so as to take corrective actions.
3Q) You need 250 words response below post
Strategic Management: Strategic management involves the formulation and implementation of the major goals and initiatives taken a company's top management on behalf of the owners based on consideration of resources and an assessment of the internal and external environments in which the organization competes. Strategic management provides overall direction to the enterprise and involves specifying the organization's objectives, developing policies and plans designed to achieve these objectives and then allocating resources to implement the plans.
Academics and practicing managers have developed numerous models and frameworks to assist in strategic decision making in the context of complex environments and competitive dynamics. Strategic management is not static in nature. The models often includes a feedback loop to monitor execution and inform the next round of planning.
Managerial Management: There are many roles a manager has within an organization. Performing these roles is the basis of a manager's job. To be effective at these roles, a manager must be a complete business person by understanding the strategic, tactical and operational responsibilities that they hold. Major functions that a manager completes can be categorized into four different functions known as planning, organizing, leading and controlling.
For some of us, we only see the final two functions. But you should know that for every managerial behavior you do see, there is an equal amount that you do not. Managers spend a good deal of their time planning and organizing so that they can effectively carry out the functions of leading and controlling.
Operational Management: It is a large term for several smaller subjects. When a company wants to operate smoothly, grow their business, satisfy customers, and make money, operational management is at work. E-commerce, global competition, customer service, productivity, and quality are all parts of operational management.
Operational management is the management of systems or processes that create goods or provide services. Goods are defined as physical items that include raw materials, parts sub-assemblies as well as final products. These goods costs the consumer money and are sold by a business. Services are activities that provides some combination of time, location, form or psychological value. These are also provided by businesses.