Topic 18 Flashcards
Henri Fayols key functions of management + peter drucker
. Predicting future trends
. Planning
. Organising resources
. Commanding staff
. Coordination
. Monitoring performance
-> Peter drucker emphasised motivation and communication
Key characteristics of leaders
- Motivating others
- Devising strategies
- Driving change
- Providing long-term direction
Characteristics of effective leaders -> 8
- Visionary
- Ability to motivate others
- Problem-solving skills
- Self-confidence
- Decisiveness
- Resilience
- Adaptability
- Sense of responsibility and integrity
Leadership styles -> autocratic leadership - characteristics + advantages and disadvantages
Leader makes all decisions without consulting employees
Characteristics:
. High control and supervision
. Employees have little input
. Tasks assigned w/strict conditions
. Can be effective in crisis situations
Advantages
-> quick decisions + clear chain of command + employees know whats expected
Disadvantages
-> demotivation of employees + creativity and innovation may be slow
Leadership styles -> paternalistic leadership - characteristics + advantages and disadvantages
A fatherly approach where leader mas decision but consider well-being of employees
Characteristics
. Authority centralised but employee interest considered
. Focuses on employee welfare + loyalty
Advantages:
- employees feel valued and motivate + long-term loyalty
Disadvantages:
-> employees have no real say + can still feel restrictive
Leadership styles -> democratic leadership - characteristics + advantages and disadvantages
Employees participate in decision making
Characteristics:
. Leaders act as facilitators
. Employees have higher job satisfaction
. Decisions take longer
Advantages
-> boosts motivation & creativity + employees feel valued & more committed
Disadvantages
-> slower decision making + can create conflicts
Leadership styles -> laissez-faire leadership - characteristics + advantages and disadvantages
“Hands-off” approach where employees make decisions independently
Characteristics:
. Trust-based leadership
. Works best w/ high skilled and self motivated workers
. Employees manage themselves
Advantages:
-> creativity and innovation + development of problem solving skills
Disadvantages
-> low productivity + employees may take advantage of freedom
Choosing right leadership style
- Autocratic -> best in crisis situations
- Paternalistic -> suitable for business that value employee welfare
- Democratic -> best in creative industries & where employee engagement key
- Laissez-faire -> ideal for highly skilled teams