Leaders are a causal force — they cause things to happen that were not going to happen without their influence. They are future oriented and they envision possibilities that are often discontinuous with the past. They are adept at innovating‚ articulating a vision‚ architecting strategies‚ and inspiring growth and development in others on behalf of the vision. Leaders are rich in determination and unwavering in resourcefulness. Thus‚ every person in every role has the opportunity and responsibility
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Stakeholders A stakeholder is a person‚ group or organization that has interest or concern in an organization. Stakeholders can affect or be affected by the organization’s actions‚ objectives and policies. There is two different types of stake holders‚ these are internal and external. Internal stakeholders are people who are on the inside of the business that already serve the organisation‚ these include staff‚ managers‚ board members etc. external stakeholders are from outside of the company but
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Managers and Leaders Leadership and Management though they are at times used as meaning the same‚ they are different and should not be used interchangeably. The many and similar definitions of leadership and management have made it very difficult to differentiate the two (Stogdill ‚ 1974). “Leadership is about articulating visions‚ embodying values and creating the environment within which things can be accomplished” (Richards and Engle‚ 1986‚ p‚ 206) Whilst “Management works out how to achieve
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Stakeholders As argued by Sharma & Starik (12) a stake holder is that which is affected by the operation of an organization entirely or can affect the organization directly. The organization can be of any kind meant to realize certain goals by the society. Stake holders are tenet to the development and performance of the organization without which the organization either cease or collapse completely. As such any organization must strive to identify its stakeholders and their specific needs
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Distinguishing elements between leaders and managers In today’s world the terms “leaders” and “managers” are often interchanged and used to name people performing the same actions and having the same functions within the organization – therefore putting them on the same level. However‚ as John Kotter argues‚ each one has a very different set of functions – perhaps not always clearly defined within an organization‚ but nonetheless very distinct. Managers are coping with the complexity of the
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The Stakeholders Associated The objective of Kudler Fine Foods is to become successful with the new launch of the new Frequent Shoppers Program; to meet that objective; the company needs to consider the involvement of the stakeholders. The primary stakeholders involved in this project are as follows: * The Manager * Employees * Customers * Marketing * Information Service Department *
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www.ccsenet.org/ass Asian Social Science Vol. 8‚ No. 10: August 2012 Managing Stakeholders: An Integrative Perspective on the Source of Competitive Advantage Minyu Wu’ ’ School of Business‚ Curtin Universify Sarawak‚ Sarawak‚ Malaysia Correspondence: Minyu Wu‚ School of Business‚ Curtin Universify Sarawak‚ CDT 250‚ 98009 Miri‚ Sarawak‚ Malaysia. Tel: 60-8-544-3844. E-mail: minyu.wu@curtin.edu.my Received: March 19‚ 2012 doi:10.5539/ass.v8nl0pl60 Abstract Despite the enormous amount of academic
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Subject: „A manager or leader I admire the most.” I had very big difficulties choosing one person to describe which impress me the most as a leader. This guy is Ukrainian citizen who emigrated to the USA in early ‘90s. His life was quiet difficult without any life perspectives. Jan Koum (born in Kiev‚ Ukraine on February 24‚ 1976) is an American internet entrepreneur and computer engineer. He is the CEO and co-founder with Brian Acton of WhatsApp‚ a mobile messaging application which was acquired
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A stakeholder is any individual or group who can affect or is affected by the actions‚ decisions‚ policies‚ practices‚ or goals of the organisation (Freeman 1984‚ 25). They have the interests in the activities of an organization and can be divided into internal and external stakeholders. In addition‚ there are different levels of stakeholders: primary and secondary. The level of stakeholders depends on the political‚ economic and social environment. Internal stakeholders are those from within the
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STAKEHOLDER THEORY: A LIBERTARIAN DEFENSE R. Edward Freeman and Robert A. Phillips Abstract: The purpose of this paper is to suggest that at least one strain of what has come to be called "stakeholder theory" has roots that are deeply libertarian We begin by explicating both "stakeholder theory" and "libertarian arguments " We show how there are libertarian arguments for both instrumental and normative stakeholder theory‚ and we construct a version of capitalism‚ called "stakeholder capitalism
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