Following the guidelines of course ID guidelinesStudent’s nameUniversity
A manager (as the name suggests) is someone who coordinates and supervises the work that done by some people in an organization. They are the people who are responsible for the proper functioning of the organization (Azeem, 2005). There are different types of managers, who are arranged in a pyramidal shape:
First-line managers: They are also called supervisors and they perform the task of daily supervision of the workers.
Middle managers (manage the supervisors): They manage the supervisors and also try the best way to organize human and other available resources for achieving the goals.
Top managers: These in turn manage the middle managers and have a sort of cross-departmental responsibility.
CEO: He is the most senior member of the management group.
In the Spanish society, resources are a valuable and also scarce, hence the proper utilization of these resources is a top priority. Here is where the effective managers’ skill is tested.It is these Spanish managers who will govern the utilization of resources like oil, land and even different forms of technology. But perhaps the most important resource is present as the Spanish people, and their proper utilization is imperative. Some of them may even take the stead as future managers.
The first task of the managers is planning task. There are 3 steps to this: (a) deciding the goals in the company. (b) Developing proper plan to support the strategies. (c) Proper allocation of the Spanish resources to resolve the problem. Planning and execution is quite a complex process and hence a lot of information needs to be done so that it leads to proper fulfillment of the goals of the organization (Plotnicki & Szyszka, 2014). The next task is organizing. It is defined as the creation of a structure that is influential in the utilization of the resources that is allocated in the planning stage. After organization comes the task of leading. Here is the main task of the Spanish mangers as they can lead the young people using proper motivational tactics and hence guide them towards the fulfillment of the goal the organization. Here the managers utilize the influential power that they are given to steer the workforce into a proper direction. The final task is controlling. Here the managers evaluate how well the organization has been able to fulfill its goals. Its outcome is the ability of measurement of accurate performance of organizational effectiveness and also its efficiency.
“The world is flat”- this theory was coined by Friedman in 2005 in his book “The World Is Flat: A Brief History of the Twenty-First Century”. Now, though many experts proficient in economy claim through many models that run on the basis that the resource, production and also consumers are present in equal numbers on all parts of the world(Martin, 2000). These assumptions ensure that the world is flat in all stages. But, the reality is that this fact is not true at all. Spain was considered as one of the hardest hit nations during the recessions and its GDP was negative as shown. Hence, it can be considered that the surface of Spanish economy was lumpy, because there was almost no competition for it on the global scale. It mainly got stuck with its labor market reforms in 2012. As a result of this the unemployment rose like a rocket and hence economic condition was bad.
Hence we can clearly see the GDP of Spain from the years 2011-2015, in the above picture. Now due to the rise in GDP, we can state that the economic position in Spain has almost flattened. After the sudden growth in GDP, Spain is in a position where it can compete with large giants USA and others. The growth of GDP of Spain was even better than expected; its growth rate even crossed that of USA (almost 18 times faster than USA). This was partly due to the European Central Bank’s monetary help. But still the unemployment rate of Spain is about 20%. It is here that the Spanish managers come into play. Some experts claim that the growth is a bit shaky and can even tend to collapse in future, but is the managers play their parts this thought can be proven wrong in no time at all. In governing a company, both experience as well as educational qualifications plays a part. Now, how well the managers are able to react to the change in world market will determine the growth rate of the Spanish companies. They must have proper ‘Human Skills’ which enable them to lead, understand and even alter a workforce towards a common set goal (Esteve & Martínez-Zahonero, 2007). They can also drop the employment rates by offering jobs to the deserved Spanish people. They must also possess proper ‘Technical skills’ that allow them to proper understanding of the job-specific roles they are required to play in a company. Hence, it these Spanish managers who can bring out Spain and make it compete on equal terms with giants like USA and Japan.
Azeem, M. (2005). Effectiveness of Managers: A Study of Public and Private Sector Organizations.Global Business Review, 6(1), 41-54. doi:10.1177/097215090500600104
Esteve, V., & Martínez-Zahonero, J. (2007).Testing the long-run relationship between health expenditures and GDP in the presence of structural change: the case of Spain. Applied Economics Letters, 14(4), 271-276.doi:10.1080/13504850500425196
Martín, C. (2000). The Spanish economy in the new Europe. New York, N.Y.: St. Martin's Press.
Plotnicki, M., & Szyszka, A. (2014). IPO market timing. The evidence of the disposition effect among corporate managers. Global Finance Journal, 25(1), 48-55. doi:10.1016/j.gfj.2014.03.005