Business & Finance

DB Reply

 Reply back to this question & answer. 150 words

  1. Do you believe that managers in a business firm are dependent upon the trust, commitment, and effort of others within the firm?

I believe managers in business are dependent upon trust, commitment, and effort of others within the firm.  Trust is essential on the success of the manager and of the business.  The managers whole existence is based on the trust he has in people to complete their job duties and perform to the best of their abilities.  Trust is a factor even during the development of a plan.  Mangers make these plans, schedules and commitments to customers all based on the trust that those implanting it can meet those requirements.  It is not the managers role, nor do they have time to micromanage every program or employee.  If the manager does not trust his employees, then that is what they are forced to do.

The employees must also trust the vision, plan and direction mangers provide them on what to do.  If they do not trust the manger providing the plan, they will either not follow it or will not implement it effectively.  This is especially important when a change is being implemented or a whole new process.  This makes trust a two-way street and a critical part of a successful business.  The manager needs help to be successful.  The bible tells us of the importance of working together.  How more efficient we are when we have others to share the load  Ecclesiastes 4:9-12 Two are better than one, because they have a good reward for their labor.  For if they fall, the one will lift up his fellow; but woe to him that is alone when he falleth, and hath not another to lift him up.  Again, if two lie together, then they have warmth; but how can one be warm alone? And if a man prevail against him that is alone, two shall withstand him; and a threefold cord is not quickly broken.

References

Burke, C. Shawn, et al. Trust in Leadership: A Multi-Level Review and Integration. The Leadership Quarterly, vol. 18, no. 6, 2007, pp. 606632., doi:10.1016/j.leaqua.2007.09.006.

Crampton, S. M. & Hodge, J. (2008). Rudeness and Ferrell, O. C., Fraedrich, J., & Ferrell, L. (2019). Business ethics: ethical decision making and cases. Boston, MA: Cengage Learning.

The Holy Bible (American Standard Version)