Management Efficiency

Despite the emergence of innovation as a second major focus for managers, their primary role is still to get the best return out of all resources at their disposal. They are like investors in this sense and this fact has never changed. It is mainly about how they invest and develop human resources that is new. Now they need to strike a balance between being facilitators and directors. They need to be supportive and encouraging in order to motivate employees effectively but they still need to retain a fair degree of control over what is done and how it is achieved in order to maximize efficiency, that is to make the best possible use of all resources.