Property and Land Law Property and Land Law

Functions of The Manager

Functions of The Manager

Functions of the Manager

The functions of the manager are derived from the functions of the corporation. In the broadest sense, the function of the manager is to direct the affairs of the company in such a way that it performs its functions in each of the subsystems concerned with the functional imperatives facing industrial society.

This interpretation makes possible a more definite distinction between those managers who are socially responsible and those who are not. The socially responsible manager has some insight into the broader social functions of the corporation, and he makes decisions and chooses alternative courses of action with these functions in mind.

He may not consciously perceive the corporation's role in the highly abstract way in which it is presented here, but he will try to direct the corporation's affairs in the way "that society expects of me." The "tough-minded" manager who actually bases every decision on the principle of profit maximization consciously or unconsciously rejects the manager role and instead chooses to play the role of the entrepreneur. Probably the majority of managers fall between these extremes. They play the manager role in a rather haphazard way; and if they are challenged about any socially oriented action, they defend it ideologically in terms of profit maximization.

In analyzing the functions of the manager, it is necessary to distinguish between two social systems in which the manager participates. On the one hand, a manager occupies an office in a particular corporation. This designates "a position in a deliberately created organization, governed by specific and limited rules in a limited group, more generally achieved than ascribed.

This is the notion of manager that prevails in the literature dealing with organization theory and management functions. For our purposes, the manager role has an outward focus from the corporation. It designates "a position in the general institutional system, recognized and supported by the entire society, spontaneously evolved rather than deliberately created, rooted in the folkways and mores.

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Talking Business for Londoners

The stage was set for the decline of mercantilism by the Industrial Revolution in the late eighteenth and early nineteenth centuries.