This website uses technical, customisation and analytical cookies, both first-party and third-party, to anonymously facilitate browsing and analyse statistics on use of the website. Learn more
Changing the Role of the General Manager. An Evolutionary Perspective
-
Reference: DGN-650-E
-
Number of pages: 11
-
Publication Date: Feb 6, 2006
-
Source: IESE (España)
-
Type of Document: Technical Note
Description
We are constantly bombarded with news about managerial excellence and ineptitude, executives saving and destroying companies, or shareholders asking for the replacement of executives, in the search for promising new talents able to rescue a firm from awkwardness. As Mintzberg said: "No job is more vital to our society than that of the manager. It is the manager who determines whether our social institutions serve us well or whether they squander out talents and resources." Companies are fundamentally different because of choices made by general managers acting on the basis of their different idiosyncratic experiences, knowledge and values. However, despite this recognition of the general manager's influence on firm performance, in the last few decades, managerial practice has reflected a lack of consensus on which are the key managerial functions that add value to the organization. It is the goal of this technical note to study what should be the role of the general manager today.