Final answer:
The largest group of managers in an organization that implements strategies and policies from top management is known as middle management. These managers bridge the strategic directives from above with the day-to-day operations, influencing employee satisfaction and career development through their decisions and leadership style.
Step-by-step explanation:
The manager that makes up the largest group of managers in an organization and who implements strategy and major policies developed by top management is typically known as middle management. These managers are crucial as they act as a bridge between the top management, who makes strategic decisions, and the operational staff who carry out the day-to-day activities. Middle managers are responsible for implementing and monitoring the strategies and policies developed by upper management, and they often have a significant impact on employees' job satisfaction and professional growth. Since these managers are closely involved in the operational aspects of the company, their influence can extend to providing opportunities for skill development, including approvals for trainings, and their recommendations can affect decisions related to raises, promotions, and job references.
While top executives and the board of directors are responsible for setting overall strategy and looking out for the interests of the shareholders, it's the middle managers who are typically on the front lines, ensuring those strategies are put into action. They have the challenging task of translating high-level directives into actionable tasks and managing the teams that execute them. This middle tier of management usually comprises the largest group of managers in any organization and plays a pivotal role in maintaining the health of the company's operations and culture.