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Essay on Middle Managers |
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This is the first 1,000 characters of 1747 words (6.99 pages) in the essay titled Middle Managers
As the manufacturing industry of the economy began to decline in the 1970s and
1980s, the service type companies springing up everywhere. The ranks of white-collar
middle managers made strides up the corporate ladders, and filled thousands of
The stock market crash of October 1987 brought industries to a spiraling halt.
Businesses, such as, airlines, financial services, and manufacturing were all
descending. Suddenly all those things that organizations had counted on in the past,
such as, stable market conditions, domestic competition, and the confidence to control
In the late 1980’s news of corporate axing in the middle management ranks
became all to familiar. Companies began to delayer their hierarchies, downsize, and
‘rightsize’ their business. Organizations, once praised for ‘lifetime’ employment
found themselves defending their stature in the marketplace and hacking away at
thousands of jobs, particularly those in middle management.
Middle managers prior to these layoffs had been the ‘watch dogs’ of the
organization. Their focus was internal, they were concerned with making the operation
seamless. They monitored costs, identified variances, and solved operational
problems. They did not focusing on the external environment that affected the
organization. Those actions were left to senior management, who had the answers to
the many challenges and questions faced by the organization. They resolved most
issues and drew their own conclusion on ...
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Keywords: middle managers, middle management ranks, plaguing, stock market crash, 1980s, rightsize, would agree that, jobs, senior managers, lifetime employment, external environment, upward mobility, mobility opportunities, stable market, career growth, operational problems, business organizations, lean operation, division of work, type companies
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