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Theories of Management

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Theories of Management
Abstract
Leadership refers to one’s ability to effectively influence subordinates to achieve the goals of their organization. The purpose of this paper is to discuss the foundations, methods and thought processes that define the main theories and how leaders use the key model components to achieve desired outcomes. This paper will thoroughly describe these theories in detail and list numerous advantages and disadvantages of each. Though seemingly dissimilar on the surface, each leadership theory presented in this paper share the objective of obtaining the goals of the organization, and when combined these theories can lead to the highest quality leadership. The theories that will be discussed in this paper are: “Great Man” theory, trait theory, contingency theory, situation theory, behavioral theory, participative theory, management theory, and relationship theory.
The conclusion of this paper will not give leaders an absolute answer to the best management theory, rather is will give them information to help them make the proper decisions when presented with a wide range of situation. Leadership Theories I would like to start by saying that despite numerous definitions leadership is the creative process of leading people, making them do what perhaps they do not want to do, but do it with pleasure. Leadership has numerous approaches and thus is represented by numerous theories starting with the theory of traits and behaviors and ending with the modern contingency theory and the transformational approaches.
One should not forget that leadership is related to motivation and interpersonal behavior within the organization. Effective leadership involves delegation of authority to the subordinates in a dynamic manner. Leadership assists the managers in the preparation of the teams for the better achievement.
When looking at any organization, it is of importance to note that there are some people who would show some ‘leadership signs’ while others won’t.

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