Integrity Integrity is the act of keeping to your personal morals or ethics. Malcom Friedberg wrote about who he thinks Barack Obama is and why he thought he should be president: ” ….that’s the man I want to run my country: the man who has the courage to do what’s best for all of us‚ and not to compromise because it provides him with some short-term gain. Show me the man that will risk losing the election because he won’t compromise his values‚ and I’ll show you the man that deserves the right
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The internal situation of the organisation is used to match the external environment. Basis Architecture as a metaphor. Contributions Order. Reduced ambiguity. Useful in relatively stable environment Support strong and visionary leadership. The Planning School A formal process A rigorous set of steps are taken‚ from the analysis situation to the execution of the strategy Gives clear direction. Enables resource allocation. Control The Positioning School An analytical
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Fernanda Virgen 22 January 2014 “If you want to be a great leader‚ you must learn to follow the Tao. Stop trying to control. Let go of fixed plans and concepts and the world will govern itself.” These words were spoken by Lao-Tzu‚ a philosopher credited for writing the “Tao-te Ching” and the presumed founder of Taoism. In the Tao-te Ching‚ Lao-Tzu describes the qualities a political leader should acquire in order to become great leaders. Although some people imagine a great leader as being die-hard
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decisions (Mintzberg‚ 1973). A manager plays an important role in decision making‚ thus‚ the Mintzberg’s decisional role will be the main concept discuss in this essay. Being a manager also means that Ms YKL plays a role as an entrepreneur. The role of an entrepreneur is to search for rooms for improvement in the organisation‚ and keep an eye on the rapid changing environment to seek for opportunities‚ and when a fine opportunity appears‚ the manager would initiate actions (Mintzberg‚ 1975). Her
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FOUR MANAGEMENT FUNCTION During early part of the twentieth century‚ Henri Fayol French industrialist proposed that all managers perform five management activities that are: plan‚ organize‚ command‚ coordinate‚ and control. But nowadays there management functions have been condensed to four: planning‚ organizing‚ leading and controlling. Managers exist in every business. In fact‚ managers do the same types of tasks in all businesses. Whether a person manages a hair salon or a factory‚ the manager’s
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Henry Amm Fayol or Mintzberg – Who is right? Date: 11/12/2011 Student Number: 110369257 Version 1.0 The task: Henri Fayol presented his analysis of the management function in 1916 and it has largely been superseded by the more descriptive approaches of what managers actually do‚ such that favored by Henry Mintzberg. However‚ it could be argued that the image portrayed by Fayol is superior to that of Mintzberg‚ and the latter’s description is of rather ineffective management! Who do you
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the leadership styles of top management using Mintzberg’s managerial roles. Mintzerg named ten different roles‚ all separated into three categories. The first category is interpersonal. This includes figurehead‚ leader‚ and liason. The second category is informational which includes monitor‚ disseminator‚ and spokesperson. The last category is decisional which includes entrepreneur‚ disturbance handler‚ resource allocator‚ and negotiator. These roles are all used in the leadership styles of
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FIGUREHEAD: the manager performs ceremonial and symbolic duties as head of the organisation; This role has to remain informed of all projects and issues at all times. Representing the organization they must be able to lead‚ inspire‚ and instill the confidence of all external or interpersonal business relationships to influence continued business opportunities for the organization. LEADER: fosters a proper work atmosphere and motivates and develops subordinates; This is one of the main functions
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The Roles Mintzberg published his Ten Management Roles in his book‚ "Mintzberg on Management: Inside our Strange World of Organizations‚" in 1990. The ten roles are: Figurehead. Leader. Liaison. Monitor. Disseminator. Spokesperson. Entrepreneur. Disturbance Handler. Resource Allocator. Negotiator. The 10 roles are then divided up into three categories‚ as follows: Category Role Interpersonal Figurehead Leader Liaison
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Cost Concept According to this concept the asset is recorded in the books of accounts at the price paid for it and not at its market value. For example: if a business entity purchases a building valued at $15 million from a friend for $12 million‚ this asset would be recorded at $12 million and not at $ 15 million‚ because for the business entity the cost was $12 million and not $15 million. Now the basis for all future transactions relating to this building would also be at its cost‚ i.e. $12
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