MANAGERIAL HIERARCHY Meaning and
Definition
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Managerial hierarchy refers to the systematic arrangement and organization of individuals within a company or organization based on a clear chain of command. It is a structure that outlines the different levels, roles, and responsibilities of managers, supervisors, and employees in order to efficiently manage and control the operations of an organization.
At the top of the managerial hierarchy, there is typically a Chief Executive Officer (CEO) or President who holds the highest level of authority and is responsible for making strategic decisions and setting the overall direction of the organization. Below the CEO, there are various levels of management, which may include Vice Presidents, Directors, and Managers, each overseeing different departments or divisions.
This hierarchy ensures that decision-making authority and responsibilities are delegated through different levels, allowing for effective coordination and communication within the organization. It establishes clear reporting relationships, with each manager being accountable to their respective superiors and responsible for supervising and guiding their subordinates.
Managerial hierarchy also plays a significant role in resource allocation, as it helps in determining the distribution of authority, roles, and resources within the organization. It provides a framework for allocating tasks, setting goals, monitoring performance, and evaluating outcomes. This structure enables a smooth flow of information, facilitates effective collaboration, and supports efficient decision-making processes within the organization.
Overall, managerial hierarchy serves as a fundamental organizational structure that establishes the lines of authority and responsibility, ensuring effective management of resources, achievement of goals, and coordination among various levels of management and employees.
Common Misspellings for MANAGERIAL HIERARCHY
- nanagerial hierarchy
- kanagerial hierarchy
- janagerial hierarchy
- mznagerial hierarchy
- msnagerial hierarchy
- mwnagerial hierarchy
- mqnagerial hierarchy
- mabagerial hierarchy
- mamagerial hierarchy
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- mahagerial hierarchy
- manzgerial hierarchy
- mansgerial hierarchy
- manwgerial hierarchy
- manqgerial hierarchy
- manaferial hierarchy
- manaverial hierarchy
- manaberial hierarchy
- manaherial hierarchy
- manayerial hierarchy
Etymology of MANAGERIAL HIERARCHY
The word "managerial" originates from the English word "manage" which in turn derives from the Italian word "maneggiare" meaning "to handle, control, or train horses". The term gradually shifted its meaning to include the general sense of "handling or controlling" people, tasks, or affairs.
The word "hierarchy" comes from the Late Latin word "hierarchia" which was derived from the Greek words "hieros" meaning "sacred" or "holy", and "arche" meaning "rule" or "order". Initially, it referred to the order of the celestial beings, such as angels, in religious contexts. Over time, the term extended to describe any system or organization with a ranked or structured order.
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