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Business > Management (Other) The role of managers in organizations

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The classical model of management started by Henry Fayol 70 years ago has been the basic foundation of management roles. According to him, the five basic functions of managers are as in this order; planning, organizing, coordinating, deciding and controlling. While all these basic functions are still relevant to today's business management, they however are unsatisfactory as a description of what managers actually do and should be doing especially in the era of Internet technology. According to Henry Mintzberg, a renowned academic and scholar on business and management, managerial roles co...

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