Leadership and management Flashcards
1
Q
Leadership
A
- anticipating change
- coping with change
- adopting a visionary stance
2
Q
Characteristics of leaders
A
- intuitive
- solitary
- proactive
- emphatic
- attracted to situations of high risk and rewards
3
Q
Management
A
- planning
- controlling
- putting appropraite structures and systems in place
4
Q
Characteristics of managers
A
- facilitate the change
- fairly passive
- people centred operators intent on keeping the show on the road
5
Q
Executive management
A
- more leadership
- long-term planning
- strategic/global objectives
- wide sphere of influence and objectives
- package of benefits
6
Q
Executive director
A
- responsible for the admin of the business
- manage affairs of the company
7
Q
Non-executive director
A
- part time
- act as an advisory capacity
8
Q
CEO
A
ultimate executive responsibility or authority within an organisation
9
Q
Board of directors
A
- maintain high level oversight of operations
- in public companies, shareholders choose the individuals to promote their interests through the governance of the organisation
- in limited companies, the board is chosen by the owner
10
Q
Chairman
A
- leader of the board
- presides over meetings
11
Q
Middle management
A
- less leadership
- moderate sphere of influence
- more immediate planning
- tactical objectives
- limited package of benefits
12
Q
Supervisory management
A
- limited leadership
- relatively small sphere of influence and responsibility
- short term planning
- interacts daily with the workforce
- probably no benefit package