unit 2 - Managers, leaders and decision making Flashcards
Authoritarian leader
Features of an authoritarian leader
Provides clear expectations about when and how things need to be done throught top down communication - independent decision making.
Paternalistic leader
Features of a paternalistic leader
Leader decides what’s best for employees
Links with mayo by addressing employee needs.
Democratic leader
Features of a democratic leader
Leadership functions shared within a group.
Employees involved in decision making.
Laissez-faire leader
Leader leaves details to experts and doesn’t interfere with subordinates.
Mcgregors Theory X
Workers need to be monitored and instructed what to do.
Mcgregors Theory Y
Workers enjoy work and are given more responsibility / organisation.
Blake-Mouton grid
A framework that aims to categorise an approach to leadership by measuring:
- Concern for people
- Concern for production
Impoverished management features
Minimal effort on management through a Laissez-faire style and avoiding blame for errors.
Country club management
Focuses of creating a safe, comfortable working environment with minimal conflict.
Task management ‘produce or perish’
Authoritarian management style and McGregor theory X
Team management
Democratic leadership style and McGregor theory Y
Tannenbaum and Schmidt theory
Compares how authority of manager affects freedom of subordinates, and whether the manager chooses to sell , tell , consult or join their employees
Cyert and March theory
Firms aim at meeting minimum requirements rather than maximising results.
How can conflict be resolved in a business.
Negotiating and ‘satisfying’ - finding minimal acceptable outcome for each group to make a compromise.
Sequential attention - each period a different stakeholder group is focused upon.
Side payments - Benefitting a group without giving them what they actually want through financial exchanges.
Exercise power - asserting authority and control to force upon a decision
Internal / external factors on decision making
(ACRONYM)
Ethics
Culture of business
Resource constraints
Objectives
Missions
External environment
Stakeholder power.