Levels of Management - Top, Middle and
Lower
Management is required for an established life and is essential for managing all
types of organizations. A sound management system is the fortitude of thriving
companies. Managing life implies getting everything done to accomplish the
aspirations of life and maintaining an establishment. This means getting things
done with and by other people to fulfill its objectives.
To put it in other words, the organization and coordination of the pursuits of an
industry for the idea of accomplishing determined objectives efficiently and
thoroughly are marked as management.
This authoritatively obligatory association connects individuals as subordinates
and superiors and gives rise to distinct degrees in an establishment. There are 3
levels in the ranking order of an establishment and they are:
1. Top-level management
2. Middle-level management
3. Lower-level management
1. Top Level of Management
It consists of board of directors, chief executive or managing director. The
top management is the ultimate source of authority and it manages goals and
policies for an enterprise. It devotes more time on planning and coordinating
functions.
The role of the top management can be summarized as follows -
a. Top management lays down the objectives and broad policies of the
enterprise.
b. It issues necessary instructions for preparation of department budgets,
procedures, schedules etc.
c. It prepares strategic plans & policies for the enterprise.
d. It appoints the executive for middle level i.e. departmental managers.
e. It controls & coordinates the activities of all the departments.
Lower
Management is required for an established life and is essential for managing all
types of organizations. A sound management system is the fortitude of thriving
companies. Managing life implies getting everything done to accomplish the
aspirations of life and maintaining an establishment. This means getting things
done with and by other people to fulfill its objectives.
To put it in other words, the organization and coordination of the pursuits of an
industry for the idea of accomplishing determined objectives efficiently and
thoroughly are marked as management.
This authoritatively obligatory association connects individuals as subordinates
and superiors and gives rise to distinct degrees in an establishment. There are 3
levels in the ranking order of an establishment and they are:
1. Top-level management
2. Middle-level management
3. Lower-level management
1. Top Level of Management
It consists of board of directors, chief executive or managing director. The
top management is the ultimate source of authority and it manages goals and
policies for an enterprise. It devotes more time on planning and coordinating
functions.
The role of the top management can be summarized as follows -
a. Top management lays down the objectives and broad policies of the
enterprise.
b. It issues necessary instructions for preparation of department budgets,
procedures, schedules etc.
c. It prepares strategic plans & policies for the enterprise.
d. It appoints the executive for middle level i.e. departmental managers.
e. It controls & coordinates the activities of all the departments.
