When one designates managers in the economical sense high-level personnel with the responsibility for persons, customers and/or products, who to the middle to highest leadership level of enterprises (usually of finance companies) or other organizations, from which they received their targets, on its success to usually report to have.

Demarcation

A manager is employed and can portions of the enterprise possess for which he works and therefore also an entrepreneur is not in each case.

Functions

By the Lokomotionsfunktion a high-level personnel one understands to cause the task by means of the guidance a movement and a change with the leading.

By the coherence function of a high-level personnel one understands to cause the task by means of the guidance a co-operation between the leading.

Roles

The tasks and substantial activity emphasis of the manager are derived from the activity profile.

According to Henry Mintzberg can be classified the activities of a manager in 3 role bundles:

1. Interpersonale roles: Representative, superior, Vernetzer
2. Informationale roles: Radar display screen, transmitter, speaker
3. Decision roles: Innovator, disturbance automatic controller, resources distributor, manager.

Conflicting aims owner vs. managers

If Karl Marx assumed still owners exploit the workers, then the principle aluminum agent theory points out quite also an interest conflict between management and owner. Examples of the recent past, how the current process around the assumption the man man and the compensations for the point managers, paid thereby, can serve AG as indication for this.

In the sense of the principle aluminum agent theory therefore the manager is inclined contrary to the owner to short period actions. Also investigations showed that manager-led enterprises increase rather the conversion as the profit and the portion is significantly higher fringe benefits in these enterprises. In the worst case the managers exploit the owners.

For the incentive problems devoted from the separation from property and decision there are itself therefore the following solution types:

• classical control
• Incentives set (e.g. in the form of more variable/achievement-dependent remuneration)

Control functions here perception through:

Internally

• Large shareholders
• Supervisory board
• Work council
• General meeting

Externally

• Banks
• Capital market
• Chartered accoutant
• Workers' delegate
• Goods market
• Manager market
• Market for enterprise assumptions

Manager remuneration

Discussions take place again and again over the remuneration of managers. On the side it is argued that manager, coworker to dismiss and thereafter the salary increase. The opposite standpoint in addition is that a manager carries a much higher responsibility and so that the salaries are appropriate.

Literature

• Erwin K. Scheuch/Ute Scheuch/Arne Manager in the size size of, Reinbek: Rowohlt TB Vlg. 2003, ISBN 3-499-61481-2
• Unger, Stefanie; Having village, dock; Sven H.: Which is important to us. - A new guidance generation defines the enterprise values from tomorrow. Wiley VCH. 2005. ISBN 3-52750-189-4

See also

• Portal: Economics
• Management teachings

Articles in category "Manager (economics)"

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