In this assignment we were tasked to answer questions that relate to the development of executive managers. Executive managers are in a nutshell problem-solvers who are responsible for negotiating and processing information in a way that will best benefit the organisation. They are at the top of the hierarchy, which makes them vital to the success of an organisation. Executive members are people as well, which means that they also lose track sometimes of what is necessary to ensure the success of an organization. It is, therefore, of great importance that they are trained and developed, and are equipped with the necessary skills to deal with the everyday changes in the business world on a continuous basis. The focus is on …show more content…
They are also accountable for strategic planning, organizational performance and are responsible for stirring the organization in the right direction.
3. CHALLENGES OF EXECUTIVE MANAGERS
Executive managers have certain roles and responsibilities within the organisation. Therefore, there are obstacles that managers may come across now and in the future.
3.1 What challenges are they currently facing?
According to Barton, the following are obstacles that executive managers come across today:
a) Strategically relocate people and capital in order to enhance growth and development.
b) Keeping up-to-date with technology advances and also providing relevant training for new technology.
c) Reorganising and creating the new leadership development structure so that more emphasis can be put on leaders rather than their duties and responsibilities.
d) Constant follow up of strategies and application of those strategies.
e) Develop quick and flexibility within the organisation to enable the actions towards shock and bag opportunities.
3.2 Future challenges
• Being an effective manager
• Developing and application of relationship skills
• Encouraging change
• Managing organisation …show more content…
There are a few strategic elements of executive leadership that need to be explored when training leadership and those are defining the mission, vision, and values. The executive has to focus on the bigger picture when building an organizational culture, they have to understand the importance in planning day-to-day activities and they must take their time on envisioning the future. Leadership also entails the art of influencing others like how to develop people, value differences and encourage honest communication. Executives also need to develop their leadership styles to gain commitment from their employees.
Personal values and ethics at work
Executives need to understand the challenges they face and the various ways they can manage them and they need to create a culture of trusting people. Ethical decision-making needs to be recognized and there are various alternatives to evaluate such as: the utilirian approach, rights approach, fairness and justice approach, common good approach and virtue approach. Creating a culture of trusting relationships is one of the most important things executives could do in building a good future for their organization.