Essays on Management Theories and Foundation It Gives Assignment

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The paper "Management Theories and Foundation It Gives" is a great example of an assignment on management. For this report, I chose to interview a home & business loan manager of the National Australian Bank. The National Australian Bank offers international financial services to Australia, the United Kingdom, New Zealand, the Americas, the United States, and Asia. Their services are not limited to retail financial services because they have a subsidiary, nabCapital, that offers institutional banking as well as capital markets services to both local and international clients (NAB Website, 2008). The key principles of the National Australian Bank are to create and deliver "superior value" to all company stakeholders such as the shareholders, customers, employees, and the community.

The company also takes ownership and accountability for their actions. Teamwork and collaboration across the whole organization are expected. The person I interviewed is Berrin Emine Kuzucu who works at the Glenroy Branch in Victoria. I decided to interview Ms. Kuzucu because she works in an industry I am personally interested in. I want to work in the financial industry after graduation.

Ms. Emine Kuzucu is a relative and the interview was carried out at her workplace during her lunch break. This paper will look at the discrepancy between management theory and actual management practices in the workplace. It will also delve into how company management can significantly affect the organization's core objectives and its ability to meet its goals. Some organizational practices that will be discussed include: Planning The degree of risk that plans should contain Identifying whether plans should be implemented individually or in teams The degree of environmental scanning Organizing The amount of autonomy that should be designed in an employee's job description Identifying whether plans should be implemented individually or in teams The degree to which department managers interact with each other Leading The degree to which managers should be concerned with increasing employee job satisfaction

References

Blair, G. (n.d). "Groups that Work". Retrieved September 10, 2008 from University of Edinburg Website: http://www.see.ed.ac.uk/~gerard/Management/art0.html

Bratol. (2007). Management Foundations, 2e. McGraw-Hill Australia

Bretag. (2007). Communication Skills for International Students in Business. McGraw-Hill Australia

Robbins S. & Coulter, M. (2004). Management, 7e. Prentice Hall Australia.

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