Monday, September 20, 2010

Top Management

In bringing any change, management of the organizational undertakes or any new initiative the the company plans to implement down the line the grudge is that top management is not giving its right attention or poor involvement.

Many initiative during the startup the Management is fully involved and it hands over to the experienced and competent people in the team. This infact is the right way in doing the things.

I once met the CEO of one of the leading real estate players of India. There was an discussion about the systems failure and we say the top management involvement was low and hence the system failed. Be it Quality, Environment or any other Management systems, the fact being the failure is the benefits of the systems that the company should or ROI of the systems are not measured. However never does anyone thinks why these are not realized ? Its because everyone in the organization failed.
What is top Management means?Highest ranking executives (with titles such as chairman/chairwoman, chief executive officer, managing director, president, executive directors, executive vice-presidents, etc.) responsible for the entire enterprise. Top management translates the policy (formulated by the board-of-directors) into goals, objectives, and strategies, and projects a shared-vision of the future. It makes decisions that affect everyone in the organization, and is held entirely responsible for the success or failure of the enterprise.
This means everyone in the organization is responsible for the success or failure, because the top management delegates its responsibilities.

I was discussing an issue with Sr. Manager of one of the organization, and i informed that the system should be reviewed with help of top management. I was surprised to get an response saying yes the top management should review !
so then what is the use of Sr. Manager ? or its just an designation without any responsibility and authority. !

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