A manager monitors the activities of other work members to achieve specific objectives. In the modern workplace, managers often control systems or functions that utilize Artificial Intelligence (AI) and information technology (IT). Being a manager revolves around five essential fundamentals: planning, organizing, hiring the appropriate staff, being a leader, and always being in control despite the current situation. There are many types of managers, eachcan be broken down into four categories, each having distinct titles and job functions.
Top-Level Managers
The titles of top-level managers are distinctive, as they usually have the word “chief” in them. The three primary top-level managers are the Chief Executive Officer (CEO), Chief Financial Officer (CFO), and Chief Operations Officer (COO). These three vital positions are the backbone of a company’s short-term and long-term success, as they are responsible for a company’s decisions and implementations. These three positions construct the top of a company’s job title hierarchy. The CEO is the highest of these three positions and is responsible for maintaining the overall success and direction of the company. The CFO is responsible for handling financial matters to ensure financial stability of the company. At the same time, the COO focuses on operational matters and ensures that the company is properly running its day-to-day operations. Together, the CEO, CFO, and COO act as a company's core, whose decisions heavily impact the company’s future.
Middle Managers
Middle managers play a crucial role in a company’s workflow and structure. They are the connection between the top-level managers and the front-line staff. They ensure that the company’s initiatives are established and that their team members gain the appropriate guidance and help for their success. The three main titles of middle managers are department head, director, or chief supervisor. They are all responsible for communicating with the top-level managers and the first-line staff so that everybody can be on the same page.
Furthermore, middle managers also play a role in the execution of initiatives and also influence the top-level and first-line managers. They provide motivation and ensure that tasks are completed efficiently and appropriately.
First-Line Managers
First-line managers are mainly responsible for implementing their team’s plans. They consist of entry-level management positions and are in charge of being the first people to handle business complications. The 3 main titles for first-line managers include assistant managers, shift managers, and office managers. In numerous organizations, first-line managers are in control of numerous varieties of tasks, including supervising staff members, handling operation functions, problem-solving, and establishing changes to the organization when necessary.
In some cases, first-line managers also operate in communication, budgeting, and training development tasks. Due to their positions in a business’ front line, first-line managers are crucial to the success of a business.
Team Leaders
Teams leaders are responsible for the management of a specific task and oversee all parts of it. This mainly involves managing a work environment in which everybody knows their assigned role and collaborates to complete the assignment at hand.
Conclusion
In conclusion, all managers, regardless of their positions or job titles, play a major role to elevate the productivity and efficiency of an organization by collaborating in a work setting and ensuring the organization’s future success.
Managers exemplify the versatility and hard work an organization needs to attain success through the variety of tasks and activities they have to complete.
As numerous companies increase in prominence and revenue, they start to rely on all four types of managers to further enhance their success in the present and the future. Therefore, not only do managers do their everyday tasks that keep the company running, but they also ensure that it is in an excellent position for its future.
References
- Wrike - Header Image
- The Balance
- Reference for Business
- All New Business
- Maryville University