2.
0 ROLES OF MANAGEMENT
DEFINITION OF MANAGERIAL ROLE
Managerial roles involve specific types of behavior, conduct, and actions that a
manager must demonstrate to be successful. Managerial roles have identified three general
management roles. They are interpersonal, informational roles and decisional roles.
2.1 INTERPERSONAL ROLES
Management is largely about interpersonal relations between the manager and people
both inside and outside the organization, such as employess, superiors and customer. To fulfil
the roles of interpersonal, EMI company use the interpersonal roles at the their job
applications. The company
2.2 INFORMATIONAL ROLES
Informational roles are gathering from inside and outside the organization. Anything that’s
happen at the company, EMI’s leader has been told about.
2.3 DECISIONAL ROLES
ORGANIZATIONAL MANAGEMENT
Organizational management is the process of planning, organizing, leading and
controlling resources within an entity with the overall aim of achieving its objective.
Furthermore, the organizational management of business needs to be able to make decisions
and resolve issues to be both effective and beneficial to the company.
SWOT ANALYSIS:
I. STRENGTHS
EMI has the strength of a strong global presence in markets where more than 50
countries are involved. As a result, the company has become more and more popular in the
United Kingdom music industry. This makes the EMI’s company the world's largest
independent music company with a good market share. On the other hand, the financial
strength of EMI’s company has also shown that the performance of EMI’s company has
increased in recent years. The improvement in EMI’s company performance is also due to the
hiring of world-class artists working under their company. Among the artists who have
worked under the EMI’s company are Michael Jackson and The Blackstone. The presence of
this world-class artist, EMI’s company sales have steadily increased.
II. WEAKNESSES
There are weaknesses in the EMI Group which led to the collapse of the EMI’s
company. Over the past few years, the company has performed exceptionally well over time.
The company has the potential to thrive but it's a very weak presence in the US has caused
the company to fail. Moreover, companies are slowly losing market share to global players
even in the UK.
III. OPPORTUNITIES
Among the opportunities that EMI’s company providers are developing products to
different countries. These developments will help maintain its market. Besides, EMI’s
companies need to leverage the digital market space by selling songs online. This is because
the digital market has helped companies in the past and companies need to explore these
opportunities to enter new markets. Companies can also organize new high-potential talent
searches to work with them.
IV. THREATS
Among the threats received by the company is the first growth of the music industry.
For example, piracy attacks that affect digital content. Moreover, it is caused by good artist
scams by bigger players in the market. What is at stake is that competition in the industry is
so high that the company is affected. Peer sharing like Napster enables easy song download
without companies earning any revenue from sales. Finally, peer-to-peer partnerships like
Napster enable easy song downloads without companies earning any revenue from sales.
GOVERNING FACTORS:
INTERNAL
EMI’s company was a British transnational conglomerate founded in March 1931 in
London. At the time of its break-up in 2012, the company became the fourth largest business
and record label conglomerate in the music industry. Its labels included EMI Records,
Parlophone, Virgin Records, and Capitol Records, which are now owned by other companies.
EMI has been put through the wringer more than any other music company in the past few
years so news of its sale today in two parts to two different music companies and finally ends
all the speculation and uncertainty about its future.
The company was facing financial and debt problems that caused them to sell half of
the company's shares to other companies including Vivendi's Universal Music Group,
Citigroup's ownership and Sony. Furthermore, the traditional music business was having a
hard time following Napster in 1999. The traditional music business was unable to move fast
and adapt to the new tides of internet and digital technology. Sony and BMG joined
Universal in 2004 and Warner Music most aggressively pursued the controversial "360
degree" route.
The journey to this point has been the turning point for EMI cutting its staff,
previously occupying three major offices in London, allowing them to squeeze into one
building as the company's global interests decline. For better or for worse, Terra Firms are
there for the long term and want to revive EMI as a company and as a world-renowned brand.
Citigroup just wants to shoot it to the fastest and highest bidder, without real care for the
legacy EMI with one of the world's great music catalogs.
ENVIRONMENT IN BUSINESS
There are various ways for a company to be successful and also various ways for a company
to hit bottom rock. In this study,
