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Title: Leadership and Management
Description: IB Business and Management Unit 2.4 -Management -Level of Management -Leadership -Characteristic of Successful Managers -Roles of Planning -Leadership Styles -Affecting Factors -Key Functions of Management
Description: IB Business and Management Unit 2.4 -Management -Level of Management -Leadership -Characteristic of Successful Managers -Roles of Planning -Leadership Styles -Affecting Factors -Key Functions of Management
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2
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○ Managers are involved in complex organizational tasks including
■ Planning
■ Organizing
■ Budgeting
■ Controlling
...
■ responsible for the middle managers
...
■ They set the departmental objectives
■ responsible for implementing appropriate strategies to achieve these goals
...
○ Junior Management (supervisory management)
■ lower ranking managers
■ charge of monitoring and controlling daytoday and routine tasks
...
Leadership
● Leadership is concerned with influencing other people to achieve a vision or target
...
● Official leader (formal leader)
○ is established by an organization and therefore has the authority to give orders to
other people within the organization
...
Bennis’ Characteristics of Successful Managers
● Management of attention
○ managers and leaders need to have a clear vision or dream of where they want the
business to be
● Management of meaning
○ managers and leaders need to be able to communicate this vision or dream to
others in the organization and beyond
● Management of trust
○ managers and leaders need to be consistent, dependable and honest to gain
people’s trust
...
○ Mintzberg described these as leader role, figurehead role, and liaison role
● Informational role
○ refers to the manager acting as a communication channel between departments
and senior management
...
○ They have to access to the necessary information to take such decisions and have
the formal authority to do so
Wok of Managers
● Routine tasks
○ are the daily or frequently recurring tasks of managers
...
○ includes forecasting the setting up of systems to deal with urgent or unforeseen
tasks
...
○ Mintzberg suggested that managers find using verbal communication more
effective on a daytoday basis since it is quicker and easier to understand
...
Leadership Styles
● Autocratic
○ An autocratic leader or manager is one that makes all the decisions and prefers not
to delegate any responsibility to their subordinates
...
● Democratic
○ A democratic leader is one who prefers to discuss with and involve employees in
decisionmaking
...
○ Instead they leave their subordinates to make their own decisions and to complete
tasks in their own way
...
● Situational leadership (contingency management)
○ leadership style that is not based on any single approach to leadership because
employees and businesses are all very different in so many ways
...
○ For example,
■ a crisis will call for a more authoritarian leadership style whereas a
laissezfaire approach can be adopted for managers with highly skilled and
empowered staff
...
● Planning:
○ managers are responsible for setting the course of actions to achieve
corporate objectives
...
This might
include delegating or allocating tasks to workers to ensure to meet
deadlines
● Commanding:
○ managers give instructions and orders to teams and subordinates in order
to achieve business objectives
● Coordinating:
○ managers have the responsibility of ensuring that all sections of
departments
○ have an universal approach to achieve main goals of business
...
Effective management would entail “principles of management”
● Formal lines of authority and wide spans of control
● Authoritarian style of management being vital so that managers have the same authority
to give orders
...
He argues that trying
to define a manger is less meaningful than examining what a manager actually
does
● Peter F
...
○ He believed that people are the key to success of a business
...
Decentralization in encouraged in the
workplace
...
● Initiative
○ managers and leaders need to be proactive, creative and able to take on risks in
order to identify business opportunities
Title: Leadership and Management
Description: IB Business and Management Unit 2.4 -Management -Level of Management -Leadership -Characteristic of Successful Managers -Roles of Planning -Leadership Styles -Affecting Factors -Key Functions of Management
Description: IB Business and Management Unit 2.4 -Management -Level of Management -Leadership -Characteristic of Successful Managers -Roles of Planning -Leadership Styles -Affecting Factors -Key Functions of Management