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Manager, Management & Managerial Roles In today's world the central factor in the success of any economy is the management expertise available to that economy. The problem of managerial productivity is not so much one of labor productivity as it is one of management productivity. The low worker productivity everyone talks about is only a symptom; the real problem is with management. This was supported by Whetton & Cameron (1995) who provide support for this point of view when they contend that "The factor most responsible for business failure is 'bad management' and the best way to overcome the business failures is to provide better management". In this 21st century the most challenging tasks are executed by managers of different levels, these levels might reflect the position of a president of a state or a person who is leading an organization of ten staffs only. In most of the countries, it...

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