Principles Of Management: Case Of Abu Dhabi Islamic Bank Essay

Question:

Discuss about the Principles of Management for Case of Abu Dhabi Islamic Bank.

Answer:

The above are some of the functions and roles that a manager in Abu Dhabi Islamic Bank is expected to perform. They include;

Planning

Planning is one of the functions of a manager. He is the chief planner. For other departments to implement decisions, they are first planned through the manager’s desk. In this case, the manager in Abu Dhabi Islamic bank plans with the assistance of the management body on how to run the company for the better of its future development. In this function, the decisions are formulated, aims and goals identified (Shastri, Hoda, Amor, 2017, P.45).

Leading

The leadership role is under his task. He has to lead all the other depertments, the line management starts from him. In this role, he gives order to the company’s workers. For instance in Abu Dhabi National Bank, he leads the insurance departments, the human resource department, the sales department, the welfare and also the finance department.

Organizing

In Abu Dhabi Islamic bank, there are several activities and functions that the manager takes the organizing role so as they can all be successful. He is the one who organize on how certain department, for example, how the human resource department would acquire enough facilities, schedule meetings. He also guides on how the implementation would be made efficient (Baumann-Pauly et al., 2013, p.693).

Controlling

The manager in this bank plays the controling role. He controls other departments to ensure that the standards of the organization are well maintained with high perfpormance levels, and taking collective action to avoid any loop for a company to collapse. The bank manager controls even the working hours liaising with Human resource department.

Managerial roles are seen to be consistent in any organization. According to Ralph (2013), consistency acts as the foundation of concrete management. The later means that, the manager in Abu Dhabi Islamic Bank for example plays a consostent role in the line of duty. The decisions made for an organization today, affect the next day of the organization. The bank’s decision maybe to introduce machine based operations and dismiss the workers today, may be the change would affest the organization socially.

The explanations means that during the whole process of planning, organizing, leading and controlling, there should be consistency. The operations of the organization should as well be consistent. What the company choses to do should be traced with a high degree of consistency as long as the same environment exists (Iqbal & Molyneux, 2016, P.97).

As a manager in Abu Dhabi Islamic bank, I am expected as per this theory to be in a position to understand how the banking systems operate. The theory says that the organization is made up of many parts. All these parts work differently but in unity and in a close relationship to provide better services for the whole company. Therefore, I would co-operate with all the company’s departments so as we call have a good system of operation (Rice, 2013, P. 17).

System theory emphasizes that the manager should understand all the system in the organization, understand how they benefit and affect the organization either negatively or positively. The theory gives the manager a chance to examine pattern and events in the workplace. This would help me as the manager in this environment to evaluate the goals of his organization.

References

Shastri, Y., Hoda, R., & Amor, R. (2017, February). Understanding the Roles of the Manager in Agile Project Management. In Proceedings of the 10th Innovations in Software Engineering Conference (pp. 45-55). ACM.

Baumann-Pauly, D., Wickert, C., Spence, L. J., & Scherer, A. G. (2013). Organizing corporate social responsibility in small and large firms: Size matters. Journal of Business Ethics, 115(4), 693-705.

Iqbal, M., & Molyneux, P. (2016). Thirty years of Islamic banking: History, performance and prospects. Springer.

Rice, A. L. (2013). The enterprise and its environment: A system theory of management organization (Vol. 10). Routledge.

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