Maintain position of authority

Assignment Help Business Management
Reference no: EM132727868

Marthalica Vasquez is the owner and CEO of Slingshot Media, a small City agency that develops advertising, promotions, and marketing materials for high-fashion firms. Vasquez has tended to keep a tight rein on her business, overseeing most projects from start to finish. However, as the firm has grown, she has found it necessary to delegate more and more decisions to her associates. She's recently been approached by a hairstyling chain that wants a comprehensive redefinition of its entire marketing and promotions look. Should Marthalica try to manage this project in her traditional way, or should she delegate major parts to her employees?

Most managers confront this question at some point in their careers. Some experts propose that top executives need to stay very close to the creative core of their business, which means that even if their primary responsibility is to manage, CEOs should never cede too much control to committees of creative individuals or they can lose sight of the firm's overall future direction. Moreover, executives who do fall out of touch with the creative process risk being passed over by a new generation of "plugged in" employees who better understand how the business really works.

Others offer the opposite advice, saying it's not a good idea for a CEO to "sweat the small stuff" like managing individual client accounts or projects. These experts advise executives to identify everything they can "outsource" to other employees and to delegate as much as possible. By eliminating trivial tasks, executives will be better able to focus their attention on the most important decision-making and control aspects of their jobs, which will help the business and also ensure that the top executive maintains control over the functions that really matter. These pieces of advice are not necessarily in conflict with one another. The real challenge is to identify what you can delegate effectively without ceding too much power and control away from the person with the unifying vision. That is certainly easier said than done, though.

1. If you were Marthalica Vasquez, how would you prioritize which projects or parts of project to delegate?

2. In explaining what makes her decisions hard, Vasquez said " I hire good people , creative people, to run these projects, and I worry that they will see my oversight and authority as interfering with their creative process. How can she deal with these concerns without giving up too much control?

3. Should executives try to control projects to maintain their position of authority? Do they have a right to control projects and keep in the loop on important decisions just so they can remain in charge?

Reference no: EM132727868

Questions Cloud

What is impact of decision on short-term operating profit : Special Order; Relevant Costs; Opportunity Cost Sharman,What is the impact of this decision on short-term operating profit, rounded to the nearest whole dollar?
What is value of Brushy Mountain value of operations : As a result, the company's free cash flows are declining at the constant rate of 4% per year. What is value of Brushy Mountain value of operations
Procedures in place for communicating : What is the importance of ensuring there are procedures in place for communicating, both within the organization and with other entities involved in a disaster?
Identify the various types of departmentalization : Identify the suitable type of departmentalization for small businesses. Justify. Identify the various types of departmentalization.
Maintain position of authority : Do they have a right to control projects and keep in the loop on important decisions just so they can remain in charge?
Screening and Diagnostic Tools : You are an epidemiologist interested in food poisoning caused by salmonella. Values of sensitivity on epidemiological study validity
Calculate the total projected error : The total value of accounts payables is $1,200,000 consisting of 850 items. Extrapolate the errors to the population and calculate the total projected error.
Calculate Kendra value of operations : FCF is expected to grow at a constant rate of 8%. The company's weighted average cost of capital is 12%. Calculate Kendra value of operations
Organizational behavior-organizational culture : Discuss the culture of your organization or one with which you are familiar. How would you rate it on various dimensions (artifacts, values, and assumptions)

Reviews

Write a Review

Business Management Questions & Answers

  Caselet on michael porter’s value chain management

The assignment in management is a two part assignment dealing 1.Theory of function of management. 2. Operations and Controlling.

  Mountain man brewing company

Mountain Man Brewing, a family owned business where Chris Prangel, the son of the president joins. Due to increase in the preference for light beer drinkers, Chris Prangel wants to introduce light beer version in Mountain Man. An analysis into the la..

  Mountain man brewing company

Mountain Man Brewing, a family owned business where Chris Prangel, the son of the president joins. An analysis into the launch of Mountain Man Light over the present Mountain Man Lager.

  Analysis of the case using the doing ethics technique

Analysis of the case using the Doing Ethics Technique (DET). Analysis of the ethical issue(s) from the perspective of an ICT professional, using the ACS Code of  Conduct and properly relating clauses from the ACS Code of Conduct to the ethical issue.

  Affiliations and partnerships

Affiliations and partnerships are frequently used to reach a larger local audience? Which options stand to avail for the Hotel manager and what problems do these pose.

  Innovation-friendly regulations

What influence (if any) can organizations exercise to encourage ‘innovation-friendly' regulations?

  Effect of regional and corporate cultural issues

Present your findings as a group powerpoint with an audio file. In addition individually write up your own conclusions as to the effects of regional cultural issues on the corporate organisational culture of this multinational company as it conducts ..

  Structure of business plan

This assignment shows a structure of business plan. The task is to write a business plane about a Diet Shop.

  Identify the purposes of different types of organisations

Identify the purposes of different types of organisations.

  Entrepreneur case study for analysis

Entrepreneur Case Study for Analysis. Analyze Robin Wolaner's suitability to be an entrepreneur

  Forecasting and business analysis

This problem requires you to apply your cross-sectional analysis skills to a real cross-sectional data set with the goal of answering a specific research question.

  Educational instructional leadership

Prepare a major handout on the key principles of instructional leadership

Free Assignment Quote

Assured A++ Grade

Get guaranteed satisfaction & time on delivery in every assignment order you paid with us! We ensure premium quality solution document along with free turntin report!

All rights reserved! Copyrights ©2019-2020 ExpertsMind IT Educational Pvt Ltd