Nature of Managerial Work
In for-profit work, management has as its primary function the satisfaction of a range of stakeholders. This typically involves making a profit (for the shareholders), creating valued products at a reasonable cost (for customers) and providing rewarding employment opportunities (for employees). In nonprofit management, add the importance of keeping the faith of donors. In most models of management/governance, shareholders vote for the board of directors, and the board then hires senior management. Some organizations have experimented with other methods (such as employee-voting models) of selecting or reviewing managers; but this occurs only very rarely.
In the public sector of countries constituted as representative democracies, voters elect politicians to public office. Such politicians hire many managers and administrators, and in some countries like the United States political appointees lose their jobs on the election of a new president/governor/mayor.
Read more about this topic: Management
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“When a Man is in a serious Mood, and ponders upon his own Make, with a Retrospect to the Actions of his Life, and the many fatal Miscarriages in it, which he owes to ungoverned Passions, he is then apt to say to himself, That Experience has guarded him against such Errors for the future: But Nature often recurs in Spite of his best Resolutions, and it is to the very End of our Days a Struggle between our Reason and our Temper, which shall have the Empire over us.”
—Richard Steele (1672–1729)
“Is it not manifest that our academic institutions should have a wider scope; that they should not be timid and keep the ruts of the last generation, but that wise men thinking for themselves and heartily seeking the good of mankind, and counting the cost of innovation, should dare to arouse the young to a just and heroic life; that the moral nature should be addressed in the school-room, and children should be treated as the high-born candidates of truth and virtue?”
—Ralph Waldo Emerson (1803–1882)
“Now you grab me by the ankles.
Now you work your way up the legs
and come to pierce me at my hunger mark.”
—Anne Sexton (1928–1974)