John Is the Newly Appointed Managing Director of a Firm

question 38

Essay

John is the newly appointed managing director of a firm. During the first week, he is given a clear idea of his key roles in a team-based organization. During the second week, he is asked to develop an action plan on the steps he would take as a leader using the resources available to him. Give at least five options that John has in this regard.

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Definitions:

Management Function

A set of activities such as planning, organizing, leading, and controlling directed towards an organization's resources to achieve its objectives.

Informational Roles

The roles played by individuals, especially leaders, in collecting, sharing, and analyzing information within an organization.

Henry Mintzberg

A renowned management theorist known for his work on organizational structures, strategy, and management effectiveness.

Technical Skill

The expertise and ability to perform tasks related to a specific field or profession, typically involving methods, processes, or procedures.