What is decision making; The process of selecting from several choices products or ideas‚ and taking action. Decision making includes followings : 1.A position or opinion or judgment reached after consideration . * 2.Choosing between alternative courses of action using cognitive processes - memory‚ thinking‚ evaluation‚ etc . * * 3.The process of mapping the likely consequences of decisions‚ working out the importance of individual factors‚ and choosing the best course of action
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BETWEEN STRATEGIC MANAGEMENT & LEADERSHIP From: Owais Mateen Siddiqui To: Director of Waka International Date: 21st September 2012 TABLE OF CONTENT Contents 1.0 INTRODUCTION 3 2.1 LINK BETWEEN MANAGEMENT AND LEADERSHIP 4 MANAGEMENT 4 LEADERSHIP 4 2.2 MANAGEMENT & LEADERSHIP STYLES 5 Authoritarian leadership style 5 Democratic leadership style 6 Laissez-faire style 6 2.3 EVALUATION OF LEADERSHIP STYLES 7 CONCLUSION
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. INTRODUCTION Corporate strategic decisions are usually based on the methods through which an organization could leverage its existing competitive advantage in promoting value and ensuring growth (Lynch‚ 2009)‚ while sustainable competitive advantage depends largely on how well a company performs these actions (Porter‚ 2008). The need for companies to grow and expand has been known to drive product and marketing innovation‚ which in turn prompts them into adopting different organisational strategies
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LEADERSHIP – STYLES AND POWER Cdr M G N Siddiquey‚(c)‚psc‚BN(retd) Leadership is a matter of intelligence‚ trustworthiness‚ humaneness‚ courage‚ and discipline . . . Reliance on intelligence alone results in rebelliousness. Exercise of humaneness alone results in weakness. Fixation on trust results in folly. Dependence on the strength of courage results in violence. Excessive discipline and sternness in command result in cruelty. When one has all five virtues together‚ each appropriate to its function
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Leadership Styles Overview By Murray Johannsen When developing your leadership skills‚ one must soon confront an important practical question‚ "What leadership styles work best for me and my organization?" To answer this question‚ it ’s best to understand that there are many from which to choose and as part of your leadership development effort‚ you should consider developing as many leadership styles as possible. Three Classic Leadership Styles One dimension of has to do with control and one
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leaders when set a strategic for the out standing achievement‚ a dramatic voice of motivate people‚ create a mission and built a culture for a goal. A leader’s job is to get results. Organizational climate can account for nearly third of financial performance the influence of working environment will be controlled by leadership style. An article by Daniel Goleman clearly state the six distinct leadership skill by hay/McBer consulting from research found 6 distinct leadership styles‚ each springing
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Types of leadership styles from management can make or break an organization. On the other hand the behavior of employees can make or break an organization. The challenge lying in this is employees potentially will show reluctance in terms of achieving the organization objectives. These issues can be overcome by using an appropriate leadership style. A particular leadership style could help to resolve problems of employees in terms of the working culture and the issues faced by the employees in
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MANAGEMENT and LEADERSHIP BEHAVIOURS Introduction Leadership can be defined as a process by which one individual influences others toward the attainment of a group or organizational goals. There are three points about the definition of leadership that should be emphasized. First‚ leadership is a social influence process. Leadership cannot exist without a leader and one or more followers. Second‚ leadership elicits voluntary action on the part of the followers. The voluntary nature of
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Traditional approaches to leadership focus on Transactional leadership while‚ the more recent studies are now focusing on Transformational leadership style. Transactional leaders are those who motivate their followers by clarifying task requirements and work role. Transactional leadership style may be considered a common management style that involves a chain of command and defined structure where subordinates are expected to do what their supervisor tells them to do. Forms of motivation include
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Management Science I Prof. M.Thenmozhi MODULE 9 9.1. Strategy Formulation : An Overview The corporate world is in the process of a global transformation. Mergers‚ acquisitions‚ outsourcing and downsizing are becoming common word everywhere. Privatization is allowing free enterprise to take on functions that previously were the domain of government. International boundaries are fading in importance as businesses take on a more global perspective and the technology of information age is telescoping
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