Importance of Effective Management Skills within the Artist Enterprise Hub

This document discusses the importance of effective management skills within the Artist Enterprise Hub. It highlights the significance of recognizing and maintaining diversity within the hub. It also explores management theories on motivation, decision making, and problem solving.

Management

Table of Contents
INTRODUCTION...........................................................................................................................3
MAIN BODY..................................................................................................................................3
Importance of effective management Skills within the Artist Enterprise Hub............................3
Importance of recognizing and maintaining diversity within the Hub........................................4
Management theories on motivation, decision making and problem solving.............................5
CONCLUSION................................................................................................................................6
REFERENCES................................................................................................................................6

INTRODUCTION
Management is defined as directing as well as controlling the specific group of people of an
organisation for the purpose of meeting out the goals on specific time period. It is necessary in
any of the entity to well established management because it can guide the team to perform the
task in desire manner so that chances of having errors and mistakes can be reduced easily. In
context of the report, the organisation which has been selected chosen is Artist Enterprises Hub
where different important information will be provided to the management team that how they
are required to work. Here, file will contain the information regarding management skills,
importance of maintaining the diversity as well as various management theories will be
discussed in it.
MAIN BODY
Importance of effective management Skills within the Artist Enterprise Hub
In present scenario, organization can perform better only in that respective situation
where they have essential skills. It will allow to uplift the standard through which goals can be
accomplished easily in short time duration. In context of Artist Enterprises Hub, they are
required to have some of the skills which can allow them to perform better in any of the
situation. Some of the skills which their management team should have are listed below:
Decision Making skills: It is the most important skills which is required within the management
team for performing the work wisely. It is necessary because there are number of situation where
management team has to take decision and in that particular situation favourable decision can
only allow to accomplish the goals (Ansoff and et. al., 2018). In context of Artist Enterprises
Hub, their management should have the ability to take quick and effective decision which can be
easily performed by the subordinates.
Communication Skill: It is also among the crucial skills which a person must have in
order to collect useful information. In context of Artist Enterprises Hub, they are one of the
company where communication among the management team will play the necessary role. It will
help them to collect crucial ideas which can allow to achieve the targets. Effective
communication skills allow the company to shows the involvement of different member within
the decision making process of which can provides different benefits to the entity.

Problem Solving Skill: There are number of situation where management is required to take
effective decision in order to sort out the problem. In context of Artist Enterprises Hub, their
management should be able to solve the problem which arises on daily basis because it is the
only way to overcome from the problem in short duration (Gellings and Parmenter, 2016). This
skill will be also beneficial in identifying the problem before it occurs within the company so
that it can be sorted out easily.
Importance of recognizing and maintaining diversity within the Hub
In any of the organization, there is the requirement of having diversity as it will allow to
maintain healthy relations through which goals can be accomplished easily. In context of the
Artist Enterprise Hub, there is the requirement for the management to develop the diversity form
of environment so that working condition can become favourable. Below, there is the detail
discussion about the entity and area where they should focus the most for attaining the goals.
People: Whenever there is the discussion about the people within the entity, it is directly
and indirectly related with the customer who plays the most crucial role in attaining the goals.
Any of the company should focus about the requirement of customers so that problem will not be
faced. In terms of Artist Enterprises Hub, it is crucial to understand that they must be able to
provide qualitative services so that problem will not be faced by them. In order to provide
effective services, it will be important to develop the diversity because it will directly allow the
organization to identify about the needs of customers.
Culture: It is among the important area where it is essential to understand that how well
organization is able to maintain its culture for the employees. While talking about Artist
Enterprises Hub, culture is related with organizational culture where it is necessary to assume
that how any employee reacts within the organization (Scullion and et. al., 2016). Organisation
culture will allow the management to motivate their employees and how they are needed to work
in any of the situation. It is necessary to maintain diversity within this particular area because
whenever employees are motivated they can bring the new idea and concept which give the
opportunity to attain the goals.
Business & Management: It is among one of the most important area for the business
organisation like Artist Enterprises Hub. Here, it will be essential to understand that management
practises must be adopted by the company which will allow to build the diversity within the

organisation. Different types of motivational theories can be used where incentives, bonuses,
promotion can be given to the employees for the effective result. If diversity will not be
maintained in this respective area, then it will not be possible for the management to keep
employees motivated.
Management theories on motivation, decision making and problem solving
There are different types of management theories which can be beneficial for the
management of Artist Enterprises so that they can allow their company to tackle any of the
situation for attaining the goals. Below, different types of theories have been discussed with their
values for the improvement of management.
Theories on Motivation: There are several types of motivation theory which can be used by the
organization such as Maslow’s Need Hierarchy Theory, Hertzberg’s two factor theory and many
more. By looking at the management of Artist Enterprises Hub, they must use the theory named
as Maslow (Heady, 2019). This is among one of the best way to uplift the motivation level of the
employees through which they can give more focus towards the organization.
Theories of Decision Making: In an organization there is the requirement of qualitative
decision which can give better result. There are basically three different types of decision making
theory and they are descriptive, prescriptive and normative. Among these theories, it will be
important for Artist Enterprises Hub to take the help of Prescriptive Decision theory (Decision
Theory, 2019). It is because it tries to provide guidelines for agents to make the best possible
decisions given an uncertain decision-making framework. It will reduce the percentage of
making false decision.
Problem Solving Theories: It is one of the most important theory within the organisation as it
provides the way that how an organisation is required to solve the problem with the help of
theories and models. In context of Artist Enterprises Hub, it is essential to understand that they
must take the help of theory presented by Schoenfeld (Fleming and Koppelman, 2016). It can
easily allow to find the way for any of the issues being faced by the organization.

CONCLUSION
From the above discussion, it can be easily explained that any of the business organisation
can perform only in that particular situation where they are able to build strong management
team. It is also mandatory that management team must have different types of skills for dealing
with different situation. Also, management theories can be helpful for the manager in dealing the
situation.
REFERENCES
Book & Journals
Ansoff, H. I. and et. al., 2018. Implanting strategic management. Springer.
Gellings, C. W. and Parmenter, K. E., 2016. Demand-side management. In Energy Management
and Conservation Handbook (pp. 399-420). CRC Press.
Scullion, H. and et. al., 2016. Talent management. Employee Relations.
Heady, H., 2019. Rangeland ecology and management. Routledge.
Fleming, Q. W. and Koppelman, J. M., 2016, December. Earned value project management.
Project Management Institute.
Online
Decision Theory. 2019. [Online]. Available Through:
https://www.investopedia.com/terms/d/decision-theory.asp