To what degree does the way a firm assembles its management team provide an indication of the extent...

Question

To what degree does the way a firm assembles its management team provide an indication of the extent to which the managers of the firm are open to advice and are able to generate enthusiasm for their firm? Describe what a management team skill profile is and how it is set up.

Abhishek · Accepted Answer

Running Head: MANAGEMENT TEAM 		1
MANAGEMENT TEAM 		2
It is important for the management team of an organisation to ensure that they act on the basis of the mission statement that is set forward by the board of directors of the organisation. Consequently, it becomes important for the managers to develop sets of objectives and milestones in order to meet the overall mission statement of the organisation. However, in many cases, the management authorities lack innovation and a comprehensive outlook in their viewpoints (Hansen, Amundsen, Aasen & Gressgård, 2017). In these cases, it becomes important for the management team to ensure that they are open to advice from the base level of staff or employees.

To what degree does the way a firm assembles its management team provide an indication of the extent to which the managers of the firm are open to advice and are able to generate enthusiasm for their...

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