2.3 Leadership Flashcards
Fayol’s 5 key functions of management
Plan
Organise
Command
Coordinate
Control
Drucker’s 5 basic functions of a manager
- Setting SMART objectives
- Organising tasks and people
- Communication and motivating people
- Measuring performance
- Developing people
Charles Handy’s three key roles of management
- Managers act as general practitioners (doctors)
- Managers act as confronters of dilemmas
- Managers act as balancers of cultural mixes
Autocratic Leadership
Involves centralised and autonomous decision-making, without input from others in the organisation.
Democratic Leadership
Actively involves the participation of employees in the decision making process
Laissez-faire Leadership
Takes hands-off approach to leadership by delegating decision making power to the workforce.
Paternalistic Leadership
Involves treating workers as family members and making decisions believed to be in the best interest of the workforce
Situational Leadership
Requires leaders to change and adapt their approach in response to different situations and circumstances
Factors determining the appropriate styles
Task
Workers
Individual
Culture
Experiences
Leaders vs Managers:
Focus: Managers focus on the task and processes (short-term), leaders focus on strategy and people (long-term)
People: Managers direct people to achieve goals within time frames, leaders inspire and motivate workers to achieve the firm’s vision
Decision making: Managers implement and follow rules, leaders take risks and continually innovate
Leaders vs Managers:
Focus: Managers short term. Leaders long term
People: Managers direct people to achieve goals within time frames, leaders inspire and motivate workers to achieve the firm’s vision
Decision making: Managers implement and follow rules, leaders take risks and continually innovate