Your IP: 103.57.220.11 See more. Disclaimer 9. Please enable Cookies and reload the page. Sometimes, the interests of these groups conflict with each other. Leads the Change Management function and is responsible for the adequate skill levels and performance of the assigned staff members. • Whereas some landlords may only want a property manager to collect rent, others may want a property manager to handle all aspects concerning their property. ADVERTISEMENTS: Responsibility in Management: Definition and Features of Responsibility! A person who performs some work has the responsibility to do it. Corporate social responsibility (CSR) is a self-regulating business model that helps a company be socially accountable—to itself, its stakeholders, and the public. The past two decades have seen a significant increase in project and program management maturity, largely with thanks to the efforts of the various project management institutes and associations worldwide.More importantly in the context of this paper, program management as opposed to project management, varies not in scale but rather in the fundamental management aspects that have been well developed and … Whether an individual exercises the authority himself or gets it exercised through others, he remains responsible to his own superior for proper performance. Cloudflare Ray ID: 62ce7e253dbed187 When authority is delegated then some responsibility for getting the assigned task is also fixed. You may need to download version 2.0 now from the Chrome Web Store. Responsibility is thus the result of superior-subordinate relationship. Responsibilities: Manages and coordinates all activities necessary to control, track and audit Changes in the environment. The Contract Executive would interact with the Vendor Manager and the vendor’s Account Executive periodically to review contract status and issues. Responsibility is also the obligation of an individual to perform the duty or task assigned to him. Companies have believed for years that their only responsibility was a financial one—maximizing value for shareholders. Responsibility is a personal attribute. It is the duty of the subordinate to perform organisational tasks, functions or activities assigned to him. • Content Guidelines 2. Authority and responsibility go side by side. Meaning of Responsibility 2. A superior/ manager/executive get the rights of compliance of orders when he assigns duties and debates authority, while accepting a job a subordinate incurs an obligation to perform the job successfully. It means moral commitment to do the work assigned. The responsibility is originated from the superior-subordinate relationship in an organization. Responsibility has no meaning except as applied to a person; a building, a machine or an animal cannot be held responsible.” Responsibility is a concomitant of authority. Responsibility may be continuing obligation or it may be discharged by accomplishing single task. Some writers explain it as a duty or task which assigned to a subordinate on the basis of his position in the organization. A responsibility center is a functional entity within a business that has its own goals and objectives, dedicated staff, policies and procedures, and financial reports. Authority and responsibility go side by side. A HR management team is responsible for many important aspects of employee satisfaction including staff training, working environment, and employee relations. Meaning of Responsibility: Responsibility is the task entrusted by managers to subordinates. This matrix is a structural chart in which is visually made clear what should be done by whom. The following are the characteristics or features of responsibility: (i) Responsibility comes from superior-subordinate relationship.