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11 January 2014

Different Aspects Of The Corporate Management Training Programs

By Marissa Velazquez


Corporate management programs focus on equipping the top managers of various commercial enterprises with the right sets of skills that are required to steer such organizations in the right direction. The training sessions aim ensuring that all the directors undergo through such sessions. This covers all the directors right from the strategic level to the middle level. The corporate management training programs are thus meant for the entire organization.

Most of the strategic decisions are made at the top level of management. The strategic decisions are mainly those that touch on the types of businesses that companies will operate in and the business to open. The expansion programs and the sources of finance decisions are also made at this level. Streamlining the operation at this level through transformational training will have very great impact o the entire business.

Commercial entities are headed by a group of executive and non-executive directors. Executive managers and directors are appointed through a process of voting by the shareholders. This is often done in an annual general meeting. These directors have a very important role to play in running of organizations. They chart a path for companies. This is often done through the formulation of policies, firm objectives and missions.

The non-executive directors could be appointed by the shareholders or be voted in. This is a very special group of managers. It brings in the neutral effect associated with having to represent the different classes of stakeholders at the high table. They bring in the experience associated with running large organizations for a specified period of time. They also act as checkers of risk within the company operations.

The directors have a fiduciary duty to act in the best interests of various stakeholders. A commercial organization has several types of stakeholders. There are internal, external and the connected classes of shareholders. Each of these has several interests in the company in question. The managers work towards the harmonization of these interests. Where there are conflicts of interests, the directors come up with ways of reducing the conflicts.

The manufacturing entities are formed so as make money and generate revenues on behalf of their shareholders. This is often done by investing in production lines that produce more and more goods. As there is both commercial and domestic demand for the goods being produced, the firms produce more so as to optimize on generation of revenues.

Commercial organizations have a duty to conserve the environment around which they carry out their operations. A manufacturing entity should make good any harm that arises as a result of all the production operations. These firms ought to install better production lines that are aimed t reducing the pollution of the environment.

Professionalism encompasses all the codes of work and ethics. These codes explain what is required of company managers as they transact with different clients. The corporate management training programs focus at instilling a certain level of professionalism in the directors and company workers.




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