The top management
is made up of those individuals who have got the right experience, enough
experience to handle the entire business, make decisions, and implement
processes. While a business can function without a top management, it does so
haphazardly. Without the lower level executive being guided into their job
role, and without any authority deciding this fact of who can do what in a work
environment, the haphazard situation remains. The smooth organizational
operations and the smart decisions come from top management colleges. The management professionals who have
passed out form the top b school of India or are from the best college for PGDM
are habituated into this sphere as they need to grow into managerial roles over
the year they get trained. General Managers, CEOs, COOS or other managers who
make serious decisions in the organization are made of the top management. The
top professionals are the cream of the corporate world, and the smooth operators
of their corporate race.
9 Reasons Top Management
Professionals Are Important
1.
Establish a Professional Decorum and
Ensure Executives & Managers Don’t Cross Their Lines
When
miscommunications are hovering in the work environment, the air seems murky
enough to breathe. In such an environment people don’t grow into professionals,
but the miscommunication brewing stunts the growth. To keep clearing the air of
miscommunications, one should have meetings between the people who have the
conflict going. The top management does this collaborative act to incorporate
peace in the workings of the work environment
2.
Improvise on the Revenue and Generate
Profits for sustainable growth
The main
prerogative in keeping someone at the top is to get business and with
sustainable growth. To improve on the
incoming revenue, and get that liquid cash into the pocket for the regular
business running, one needs the apt benchmark coming from the top. While
keeping targets and increasing the targets to reach that yardstick unachievable
without a top management, the revenue percent keeps increasing with a
professional sitting at the top
3.
Maintaining Responsibility and then
accountability
When in a
family there is a patriarch who owns the responsibility of the family members, and
then takes accountability in getting them educated. Similarly, when the top
management needs to launch a product into the market, one of the many scenarios
in a business environment, they will take the whole responsibility of making
the product launch a huge success, and will take the accountability if the
market launch didn’t work out the way it should have been implemented.
4.
Promoting Respect and Earning The
Same
Executives
have personal conflicts that seem to appear at the professional front at times.
While we need to balance out this work-life scenario, we need to respect every individual,
and understand that every employee is different and incomplete. To endorse this
behavior into the work environment and promote by incorporating the same into
the top management’s personality, they earn followers & then respect
5.
Minimizing Conflict and Encouraging
Interpersonal Interactions
Despite the
fact that the lower level executives have several conflicts, the top executives
show their conflicts through innumerable ways. Email conversations proving a
point or project analysis getting a long criticism are a few of the ways middle
level and top executives show conflicts. To lighten the mood & ensure a
good working environment, interpersonal interactions with loads of activities
should be integrated onto the working bay.
6.
Maintains the Corporate Culture
The top
management has to imbibe the culture of the organization as and when it changes
to make others follow the same. To maintain and develop an ethical corporate culture,
the top executives need to be ethically inclined into the culture of the
organization. A corporate ready individual from the best college for PGDM
inculcates a good corporate culture.
7.
Follows Company Goals and Implements
them into your Daily tasks
The top
executives don’t just understand the written policies, while the vision & mission
of the company aren’t just 2-3 liners to be added onto the first few sheets of
your presentations, but these company goals are bigger goals lying in front of
you to create your mini goals.
8.
Asset Management and Support the
Infrastructure
The top
management ensures the utilization of the resources in apt ways, and support
the entire gamut of operations to ensure work happens smoothly.
9.
Inspiration and Motivation
Finally, the
most important need of a top management is to give a pat on the back for their
juniors need motivation and thus ensure effective work happening in the organization.
Motivation is the tool for top executives to transmute the work into
appreciation, and this will only create followers.
iFEEL Institute Produces Top Management
Professionals
It’s too
early to decide if the iFEEL institute could take on the top executives, nevertheless
there have been cases where the top management has young professionals without
any experience. As leadership and entrepreneurship are the two focus areas in
the PGDM program of the iFEEL Institute, the possible outcome in the coming
years could be a flow of iFEEL alumni into the top positions of the top brands.
iFEEL is amongst the Top MBA Colleges in Mumbai Eventually, the growth of a professional is an increasing graph to
the top, and when iFEEL credentials are stamped on your certificate, it surely
does comes from one of the top b schools in India.
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