Levels Of Management
In business, there are generally three levels of management: Top, Middle, and Lower.
Top Management
This is the highest level of management, consisting of senior executives like the CEO and directors.
They make strategic decisions.
Roles:
Give direction to the business.
Establish vision, mission, goals, and objectives.
Plan the future of the business.
Oversee the overall performance of the business.
(Watch the video for a detailed explanation with examples.)
Middle Management
This serves as a vital link between top and lower management. It includes department managers, such as the finance manager or marketing manager.
They make tactical decisions.
Roles:
Act as the link between top and lower-level management.
Turn strategic decisions into actionable steps.
Acquire and allocate resources needed in their departments.
Oversee departmental performance.
Lower Management
This is also known as frontline management, this level includes supervisors, foremen, and team leaders.
They make operational decisions.
Roles:
Handle day-to-day operations.
Guide and motivate workers.
Implement the objectives set by middle management.
Communicate staff needs and challenges to middle management.
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