Who is a professional manager

Who is a professional manager

1. PROJECT ON ROLE OF A PROFESSIONAL MANAGER BY: NISHYA NAND KAUSHIK MHA 1 ST SEMESTER IHM,BANGALORE

2. WHO IS A PROFESSIONAL MANAGER ? A PROFESSIONAL MANAGER IS AN EXPERT, TRAIND AND EXPERIENCED ENOUGH TO ADEPTLY MANAGE ANY TYPE OF ORGANIZATION .

3. SKILLS OF A PROFESSIONAL MANAGER P :- PLANNING O :- ORGANISING S :- STAFFING D :- DIRECTING CO :- CO-ORDINATING R :- REPORTING B :- BUDGETING

4. RESPONSIBLE TOWARDS ENVIRONMENT

5. RESPONSIBILITY TOWARDS GOVERNMENT IT IS THE WHOLLY RESPONSBILITY OF THE MANAGER TO ENSURE THAT THE CONSTITUTION AND OPERATION OF THE FIRM ARE WITHIN THE LEGAL FRAMEWORK AS SPECIFIED BY THE GOVERNMENT. THIS LEGAL FRAMWORK MAY VARY, DEPENDING UPON:- NATURE OF OWNERSHIP OF FIRM. SIZE OF FIRM.

6. RESPONSBILITY TOWARDS SUPPLIER RESPONSIBILITY TOWARDS SUPPLIERS EMANATES FROM THE FACT THAT THEIR SURVIVAL AND GROWTH. A MANAGER SHOULD PAY THE PAYMENT ON TIME,SO HE CAN RECEIVE SUPPLIES ON TIME

7. RESPONSBILITY TOWARDS BUYER AS A PROFESSIONAL MANAGER HE SHOULD :- SATISFY CONSUMERS NEEDS AND PROTECT CONSUMER INTERESTS. PRODUCT MUST BE APPROPRIATE STANDARD AND QUALITY AND BE AVAILABLE IN ADEQUATE QUANTITIES AT RESONABLE PRICE. MANAGEMENT SHOULD AVOID FALSE AND MISLEADING ADVERTISEMENTS .

8. RESPONSIBILITY TOWARDS OWNER THE PRIMARY RESPONSIBILITY OF A MANAGER IS TO ASSURE A FAIR AND REASONABLE RATE OF RETURN ON CAPITAL AND FAIR RETURN ON INVESTMENT CAN BE DETERMINED ON THE BASIS OF DIFFERENCE IN THE RISK OF BUSINESS IN DIFFERENT FIELD OF ACTIVITY.

9. RESPONSIBILITY TOWARDS EMPLOYEES FAIR WAGES AND SALARIES. SATISFACTORY WORK ENVIRONMENT. LABOUR MANAGEMENT RELATIONS AND EMPLOYEES WELFARE. WELFARE AMENITIES LIKE:- SAFETY AND SECURITY OF WORKING CONDITIONS, MEDICAL FACILITIES, HOUSING, CANTEEN,LEAVE AND RETIREMENT BENEFITS.

10. RESPONSIBILITY TOWARDS SHAREHOLDERS THE PRIME RESPONSIBILITY OF THE MANAGER IS TO ENSURE THE SECURITY OF THE SHAREHOLDERS CAPITAL. THE MANAGER MUST ENSURE THAT THE FIRM DOES NOT BECOME BANKRUPT. FIRM SHOULD NOT FACED WITH A SITUATION WHERE THE SHAREHOLDERS CAPITAL IS ENDANGERED.

11. RESPONSIBILITY TOWARDS COMPETITION HEALTHY COMPETITION ENCOURGES FIRMS TO IMPROVE THEIR PERFORMANCE AND NUTURES PROGRESS AND IT IS THE RESPONSIBILITY OF EACH FIRM TO ENSURE THAT THE COMPETITION IT INDULGES IN IS FAIR AND ETHICAL.

12. RESPONSIBILITY TOWARDS ENVIRONMENT A TRULY RESPONSIBLE MANAGER SHOULD TAKES THE INITIATIVE IN PLAYING A MORE POSITIVE ROLE TOWARDS ECOLOGOCAL ENVIRONMENT. A MANAGR HAS A RESPONSIBILITY TOWARDS THE UPKEEP OF THE DESTINATION AND TOWARDS THE HOST POPULATION. A MANAGER SHOULD EMPLOYING LOCALS AND RESPECTING LOCAL CUSTOMS.

13. RESPONSIBILITY TOWARDS TAXATION AUTHORITIES PAY TAXES ON TIME