Management: Leadership and Management Flashcards
Management
Management is the process how plans are made and resources are organised to achieve objectives.
Management Activities
Planning,Organising,Controlling
Management skills
Leading, Motivating, Communicating
Management Characteristics
Time Management, Decisiveness, Hard Working, Flexible, People Person
Time Management
Prioritise and delegate tasks- Example- delegate responsibility to your goalkeeping coach to work with the keepers while you sort out the rest of the team, ensure jobs get done on time, schedule and monitor jobs. This enables the business to be efficient and remain competitive
Decisiveness
Make decisions and take action if needed
Hard Working
Must be prepared to put in long hours, have a high work ethic, this will set an example for employees around them
Flexible
Capable to adapt to changing circumstances- example difficult customer, somebody needing emergency time off
People Person
Managers tend to spend a lot of time with employees, suppliers, other business owners, and customers. For this reason they need to be good with people
Leadership
Leadership is the ability to influence the behaviour and actions of others in the pursuit of certain goals through guidance, communication, and delegation. Example- a team captain
Delegation
Delegation means the assignment of authority/power to another person. It is generally assigned from a manager to a subordinate, to undertake a specific work task or project
Example- delegate responsibility to your goalkeeping coach to work with the keepers while you sort out the rest of the team in football.
Benefits of Delegation
- Manager is not required to do all the work and has more time for strategic planning.
- Task/project may be completed to a higher standard due to the level of personal care
- Work gets done faster
- Accountability provided by delegation
- Increased employee motivation from job enrichment/ improved staff morale
- Good way to train employees for management
Autocratic Leadership
Autocratic Leadership is a leadership style characterized by individual control over all decisions and little input from group members. Autocratic leaders typically make choices based on their ideas and judgments and rarely accept advice from followers. They often motivate through fear and intimidation. Example: Hitler
Democratic Leadership
Democratic Leadership is when workers take a more participative role in the decision-making process. Everyone is given the opportunity to participate, ideas are exchanged freely, and discussion is encouraged. While the democratic process tends to focus on group equality and the free flow of ideas, the lead of the group is still there to offer guidance and control. Democratic leadership tends to lead to higher staff morale and motivation. Example: Barack Obama
Laissez Faire Leadership
Laissez Faire Leadership is when leaders are hands-off and allow group members to make the decisions. Managers act as facilitators and provide targets and resources for the workers and then allow them to get on with the work themselves. Example: Warren Buffet