In addition to hiring ethical employees and offering ethics training, it is also important for senior management to model ethical behavior. The responsibilities of senior management include strategizing, planning and policy making.
The position of senior management is most often found in large organizations where multiple layers of management is required. Senior managers are usually responsible for overall supervisions, strategy and planning and approving monetary and hiring decisions. The responsibilities are senior management are:
- Strategizing , planning and policy making: Senior management is responsible for developing the policies of the organization, and for establishing objectives, plans and strategies in accordance with these policies. They are also tasked to ensure the understanding and implementation of these at various levels in the organization.
- Guiding supervisors of individual departments
- Approving recruitments: Senior management is also responsible to to approve the recruitment
- Handling departmental budgets: They are also responsible to handle departmental budgets, such as fixing salaries, allocating resources to meet specific needs etc.
- Overseeing employee performance: This is the major responsibility of the senior management is to evaluate and oversee the employee performance. They also responsible to make or establish criteria to rewards the employee of the organization
- Making critical decisions for the future of the organization: The senior management team is considered as a key in making and finalizing the decision.
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