Nature of managerial authority

Concept, Nature, Process and Principles Article shared by: Read this article to learn about the concept, nature, process and principles of delegation of authority.

Nature of managerial authority

It is necessary to have brief understanding of three terms intimately connected with the concept and process of delegation. Responsibility Responsibility indicates the duty assigned to a position. The person holding the position has to perform the duty assigned.

It is his responsibility. The term responsibility is often referred to as an obligation to perform a particular task assigned to a subordinate. In an organisation, responsibility is the duty as per the guidelines issued. Definitions of Responsibility According to Davis, "Responsibility is an obligation of individual to perform assigned duties to the best of his ability under the direction of his executive leader.

McFarland defines responsibility as "the duties and activities assigned to a position or an executive".

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Characteristics of Responsibility The essence of responsibility is the obligation of a subordinate to perform the duty assigned. It always originates from the superior-subordinate relationship. Normally, responsibility moves upwards, whereas authority flows downwards. Responsibility is in the form of a continuing obligation.

Nature of managerial authority

Responsibility cannot be delegated. The person accepting responsibility is accountable for the performance of assigned duties. It is hard to conceive responsibility without authority. Authority Authority is the right or power assigned to an executive or a manager in order to achieve certain organizational objectives.

A manager will not be able to function efficiently without proper authority. Authority is the genesis of organizational framework. It is an essential accompaniment of the job of management.

Without authority, a manager ceases to be a manager, because he cannot get his policies carried out through others. Authority is one of the founding stones of formal and informal organisations. An Organisation cannot survive without authority.

It indicates the right and power of making decisions, giving orders and instructions to subordinates. Authority is delegated from above but must be accepted from below i. In other words, authority flows downwards. Definitions of Authority According to Henri Fayol, "Authority is the right to give orders and the power to exact obedience.

He is supposed to complete the job as per the expectations and inform his superior accordingly. Accountability is the liability created for the use of authority.

Nature of managerial authority

It is the answerability for performance of the assigned duties. Definition of Accountability According, to McFarland, "accountability is the obligation of an individual to report formally to his superior about the work he has done to discharge the responsibility.

If the subordinate does a poor job, the superior cannot evade the responsibility by stating that poor performance is the fault of the subordinate.Management and nature of management.

Published on February 13, Delegation of authority and creation of responsibility. Managerial (functions of . Jun 20,  · System of authority: Authority is power to get the work done by others and compel them to work systematically.

Management is creative and also dynamic in nature. 24 June at Manas Blaze said Carrying out managerial functions of planning, organizing, staffing, leading and controlling. 2) Management applies to any. nature of organization & management lav nigam1 2. Nature Of OrganizationWhat is an organization?An organization is a collection of people who work together and coordinate their actions to achieve a wide variety of goals 2.

Delegation of Authority means entrusting someone else to do parts of your job. Delegation of authority is defined as subdivision and sub-allocation of powers to the subordinates in order to achieve effective results.

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The Nature and Scope of Managerial Economics Managerial Economics • Managerial economics, meaning the application of economic methods in the managerial decisionmaking process, and it is a fundamental part of any business.

This is happening for several reasons It is becoming more important for managers to make good . Jun 29,  · Managerial accountability in the hierarchy of authority should not be used to point fingers and accuse staff members of being incompetent.

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