A successful organization is the one where all personnel work professionally, with their dedication. Teamwork matters a lot for achieving the goals and flourishing the company. Organizations with improper management decline both in progress and reputation. It emphasizes the need for proper management for the company as it ensures the proper working of all individuals and maintains an efficient chain of command.
Significance of the level of management cannot be denied for a worthy company. It involves three levels which are given as:
- Top-Level Management
- Middle-Level Management
- Lower Level Management
It is the primary and essential level of management which is comprised of decision-makers. These include senior-most executives who strive hard to make the best decision for the company. They are responsible for making the best decision for the company as per the circumstances. Hence, it would not be wrong to say that they play a role in the success and growth of the organization. Primary designations included in this level of management are COO (Chief Operating Officer), Vice-president, President, Chief Marketing Officer, Chief Executive Officer, Managing Director, Chief Sales Officer and many such top-level designations. They make strategies and define the real mission and vision of the company. Managing finance, assigning tasks to middle-level managers, and changing policies as per needs is their main domain.
In this level of management, there exist managers of different departments. They are the primary source of communication between the top level and lower level of management. Hence, it would not be wrong to regard them as the bridge of the organization. Handling the micromanagement as well as various executions, is their leading role in the company. These often contain finance manager, branch manager, operation manager, sales manager, purchase head, marketing manager and many such similar designations. Communicating all the decisions and policies defined by the top-level management to the ower level of management, and they are ensuring their effective implementation is their crucial role.
Lower Level Management:
It is also known as Operational Level management. It includes sub-department executives, inspectors, junior managers, clerk, foreman, and supervisor. When it comes to their roles, they are responsible for the training of workers and accessing the [performance of employees. All the roles that come under the category of operational matters are categorized for this level fo management. It delivers the grievances and challenges of workers to the organization.