Unit 2.3 Leadership and management Flashcards
Leadership and management
Autocratic management (leadership)
Management style that involves centralised and autonomous decision-making, without input from others in the organisation.
Democratic management (leadership)
Management style that actively involves the participation of employees in the decision-making process.
Functions of management
The various roles and responsibilities of managers, i.e., coordinating, commanding, and controlling business operations.
Intuitive thinking (management)
A quick approach to management based on the manager’s own values, views, and/or gut feelings that are not always quantifiable.
Laissez-faire leadership (management)
A hands-off approach to leadership by devolving decision-making power to the workforce.
Leadership
Leadership
The art of inspiring and motivating other people towards achieving a common organisational aim or vision.
Leadership style
Refers to the way in which managers and leaders provide direction for others.
Management
The art of getting things done through others by setting clear objectives and organising organisational resources.
Manager
Someone with decision-making authority in an organisation and has responsibility for problem-solving in order to achieve specific organisational goals.
Paternalistic management (leadership)
Management style that involves treating workers as family members, so managers make decisions believed to be in the best interest of the workforce
Scientific thinking (management)
A relatively long approach to management based on objectivity, facts, and empirical evidence. This approach to management and leadership follows a formal and prescribed procedure.
Situational leadership
Leadership style that requires leaders to change and adapt their approach in response to different situations and circumstances.
SMART objectives
Peter Drucker’s framework for setting organisational objectives, which must be specific, measurable, achievable, realistic, and timely.
