Final answer:
Managerial skills are essential in complex times to navigate uncertainties, maintain employee productivity and loyalty, and ensure effective execution of tasks. Managers play a vital role in influencing employee growth and adapting to changes in workplace dynamics. They guide teams, foster collaboration, and manage team dynamics within increasingly flat organizational structures.
Step-by-step explanation:
Organizations require managerial skills and abilities in uncertain, complex, and chaotic times for multiple reasons. These skills are crucial to navigate through uncertain and complex situations, ensuring employee productivity and loyalty, and getting things done effectively. In a rapidly changing work environment, the role of management is pivotal to adapt and respond proactively to changes stemming from shifts in technology, economics, foreign competition, globalization, and workplace demographics.
Effective managers are able to process abstract information, anticipate unforeseen situations, and encourage individual and team contributions towards the greater good. They also establish a positive work culture where they value initiative and self-reliance in employees while remaining flexible to changing priorities. Importantly, managers play a significant role in an employee's career path by influencing decisions related to skill development, promotions, and job satisfaction.
In light of team-based structures becoming more common within flat organizational models, managerial abilities become even more important in order to lead diverse teams, facilitate collaboration, and manage team dynamics to achieve organizational goals efficiently. Good management ensures teams can deliver on their tasks, even when faced with challenges like work overload, conflict, and ambiguity in their roles.