Management & Leadership Intro

Question 1

What is Management (As a definition)

Answer 1

To forcast & plan, organise, command, co-rdinate & control

Question 2

Management definiton (Koonrz & O’Donnel 1984)

Answer 2

An operational process best dissected by analysing 5 essential managerial functions (planning, organising, staffing, directing, leading & controlling)

Question 3

Management Concepts

Answer 3

Planning - setting objectives & determining best course of action

organising - arrangement of resources to achieve organisational goals

Staffing - selecting & developing right individuals for the job

Directing - guiding & motivating employees to achieve organisational objectives

Controlling - ensures organizational activities are in line with plans

Question 4

Dealings of Management

Answer 4

Decisional (Entreperneur, negotiator)

Informational (Monitor, spokesperson)

Interpersonal (Figurehead, leader, Liaison)

Question 5

Leadership (Northouse 2013)

Answer 5

process whereby an individual influences a group of individuals to achieve a common goal

Question 6

Components of Leadership

Answer 6

Is a process
Involves influence
occurs in groups
involves common goals

Question 7

Management VS leadership

Answer 7

Management - Maintains efficiency & stability in operations / Directive, controlling, maintaining status quo

Leadership - Inspiring & guiding towards vision, inspirational, empowering, creating change, fostering growth

Question 8

Management definiton (Fayol 1916)

Answer 8

To manage is to forecast & plan, to organize, to command, to coordinate and to control

Question 9

POMC approach to management

Answer 9

Planning - (Resources) (setting objectives & determining best course of action)
Organizing - (Resources) (Arrangement of resources to achieve org goals)
Motivating - (Performance)
Controlling - (Performance) (Ensuring organisational activities are in line with plans)