Business Management Assignment | Mintzberg's Theory of Management

Added on - 21 Apr 2020

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Running Head: Business ManagementBusiness ManagementMintzberg’s theory of management
Business Management1ContentsIntroduction......................................................................................................................................310 Roles of Managers......................................................................................................................3Figurehead....................................................................................................................................3Leader...........................................................................................................................................3Liaison..........................................................................................................................................4Monitor.........................................................................................................................................4Disseminator................................................................................................................................4Spokesperson...............................................................................................................................4Entrepreneur.................................................................................................................................4Disturbance handler.....................................................................................................................5Resource allocator........................................................................................................................5Negotiator.....................................................................................................................................5Relevance of Mintzberg’s theory in current business environment................................................5Recruiting.....................................................................................................................................5Planning.......................................................................................................................................6Organizing....................................................................................................................................6Communication............................................................................................................................6Business growth...........................................................................................................................6Conflict management...................................................................................................................7
Business Management2Sales and marketing.....................................................................................................................7Decision making..........................................................................................................................7Training and development...........................................................................................................7Financial management.................................................................................................................8Performance management............................................................................................................8Motivation....................................................................................................................................8Representation..............................................................................................................................8Conclusion.......................................................................................................................................8References......................................................................................................................................10
Business Management3IntroductionHenry Mintzberg is a Canadian management guru who is well known for his book “Mintzbergon management: Inside our strange world of organization” published in 1990 (Daft, 2016). Thisbook explicitly defined 10 roles that every manager must play in order to lead the team andensure productivity in the most efficient manner. These 10 roles are categorized in three areas:interpersonal, informational and decisional (Kinicki, 2016). These 10 roles of a manager a valideven today and various organizations provide training to their managers to learn from the same.In the fast paced lifestyle and growing industries, managers need to accomplish various tasks andit is imperative that they are able to fulfill various roles simultaneously. In such times,Mintzberg’s theory of management comes as a handy tool for a manager to understand hisresponsibilities explicitly. During every situation that managers come across, one or the otheraspect of Mintzberg’s theory can be put into use to make the best out of that situation(McFarlane, 2011). This report throws light on how Mintzberg’s theory is relevant even todayand how the 10 roles of the manager compliment the role of managers in the current businessscenario.10 Roles of ManagersMintzberg defined that there are 10 roles that every manager must play at different stages ofwork (Mintzberg, 2013). These 10 roles are defined as below:FigureheadA Good manager must be someone that the team can look up to. A manager must be able tofulfill responsibilities and be able to set an example for the team (Menz, 2012). This quality ofbeing able to inspire the team by being held in a high regard makes the manager a figurehead.LeaderBeing an efficient leader to the team is one of the key responsibilities of a manger (Northouse,2015). As a manager, the performance recording, evaluation and improving the same for teammembers becomes a crucial task, this is where the manager must become an able and competentleader and guide the team in the right direction.
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