Levels of management hierarchy
Levels of management hierarchy
Strategic management basically helps in understanding markets competitive forces plus grasping of organizations strengths and weaknesses. It helps future managers in making decisions which shapes incoming ways. Strategic management decisions includes changing of lineup of programs plus the features, new manufacturing systems’ location, new technology plants selection and also on decisions to contract out. Continuous analysis in the organization is enhanced by the intact of the strategic management (Timpf, 2017).
Operational management basically involves controlling and facilitating the distribution of goods and services procedures. It includes things like supply chain management, planning on production, handling of materials, manufacturing, inventory management and the control of quality. An effective operation management also has a platform for research on efficiency, customer satisfaction and quality maintenance. These managers work together with finance, marketing, information technology, human resource and other inclusive departments in coordinating applicable infrastructure, planning and resources.
Managerial hierarchy includes division of responsibility and authority among different managerial positions. There is hierarchy among managers although they perform similar functions like leading and controlling, organizing and planning. Therefore it is important to categorize managers according to their managerial levels (Delmastro, 2002).
Relation to mission of the business
Strategic management is defined by the way managers make choices on sets of strategies which helps achieve organizations agendas. Strategic management is generally a continuous process that appraises the industries and businesses that the organization is concerned with. A good mission of the organization helps in creating new strategies for the business to target. Missions provide the purpose of the organization.
Operation management is also enhanced by a great organization mission. This is by creating a conducive working climate since missions defines the importance of existence of the organization. They also show the direction in which organization should move to meet the goals in the statements.
Mission statements help managers to assign tasks to their superiors to ensure proper workflow in the business. Missions provide meaning of the work to be done and also by providing necessity of the work in the organization (Timpf, 2017).
Improvement of managerial hierarchy through IT
As a business leader you should be able to foster cooperation in all levels of the organization. The world is generally changing and this has been fostered by technology advancement. Technology basically enhances collaboration. This is provision of proper organization and sharing of information. Organization is about participation and engagement; leaders who discover this achieve greater things than their counterparts (Erensal, 2004).
Respond to the above discussion and write 150 words about it. Please use APA throughout.