Levels of Management In Business
“Top management is the ultimate source of authority and it lays down the goals, policies and plans for the enterprise. On the other hand the middle level management is responsible for the implementation of the set plans and policies of the top-level management. ”
Top management is the ultimate source of authority and it lays down the goals, policies and plans for the enterprise. More of the time is devoted to planning and other acts relating to coordination by the personnel of this level of management. It is accountable to the owners of the business for overall management.It is also described as policymaking group responsible for overall direction and success of the organization. The important functions of top level management is to establish the goals of the organization and to make policies and frame plans to attain the desired objectives.
Top management assembles the resources of money, men, machine, methods, and materials etc. to put the plans into actions. It exercises effective control on the workers for the exact implementation of the plans. It also provides overall leadership to the organization for the success of the enterprise.
On the other hand the middle level management is responsible for the implementation of the set plans and policies of the top-level management. It serves as an essential link between the top-level and lower level management. They are responsible to the top management for the functioning of their departments.
They devote more time to the organization and they motivate the employees to achieve maximum profits for the management. They provide the guidance for purposeful enterprise. Without them the plans of the top management can not be fully realized.
The middle level management is responsible for the interpretation of the policies chalked out by top management. They prepare the organizational set up in their own departments for fulfilling the desired objectives. They recruit and select suitable staff for operative and supervisory functions so that the goals of management get rewarded properly.
They assign duties, activities and responsibility to the subordinates and also compile all the directions of top management and issue them to the subordinates. They motivate personnel to attain higher productivity and reward them properly.
Lower management is placed at the bottom in the hierarchy of management and actual operations are the responsibility of this level of management. It consists of foremen, supervisors, sales officers, accounts officers and so on.
They are in the direct touch of the rank and file of workers. Their authority and responsibility is limited. They pass the instructions of the middle management to the workers.
They interpret and divide the plans of the management into short-range operative operations and are also involved in the process of decision-making. Their main concern is regarding controlling the myriad tasks of management.
Author - DeeKay
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