The Real World of Management Essay Example | Topics and Well Written Essays - 3000 words - 1

The Real World of Management - Essay Example The document begins with an introduction and then discusses three cases which managers are facing in organization in this era and also how to manage them. This study focuses on the effect f the quality of life of managers on their performance, the downsizing of organizations and its effects on the envoy as well as the leaving party. The document finally analyses the effect on technology and communication in the work place. The recent past has seen the introduction of unprecedented economic change. The Euro crisis, the banking crisis austerity, the rising commodity and energy prices have made life not quite easy for the vast majority. These factors have made life quite hard for those in positions of making major decisions that affect businesses and those involved in the running of these businesses. Research has been done on the managers’ quality of life since the year 1997 (Worral and Cooper, 1997). The latest report (Worral and Cooper, 2012) made for grim reading especially after being compared with earlier findings in the 2007 study (Worral and Cooper, 2007) which was taken just before the popular banking crisis that took place in the year 2007/2008. At this point kit became very clear that there were many managers who were working in businesses that were undergoing hardships. There was an increase from 21% to 34 % of the number of these managers. The businesses were either suffering from declining employee job satisfaction and motivation, growth in job insecurity, work place ill-health, and the increase in long-hours working culture. Based on research conducted since 1997, several managerial dimensions were identified. I believe that all organizations that have a desire to audit their own performance as far as efficient management practices are concerned. Managers should focus on the following: In a report generated in the year 2012, it was concluded