Right to Manage | Meaning and Definition

What is the Right to Manage? 

The Right to Manage is the power given to the leaders or managers in governing an organization or a company in their own judgment as they see fit without getting influenced by the pressure of external parties. The right to manage is based on their choice and freedom of judgment. In many of the circumstances, the managers are usually seen getting inveigled by external stakeholders, L2 managers, and shareholders, and sometimes other pressure groups as well and are motivated to blend in their style of operating the company according to the company culture.

The Right to Manage (RTM) was introduced as a result of the Commonhold and Leasehold Reform Act of 2002.