ASSIGNMENT
ASSIGNMENT
Management and leadership are two distinct concepts, although they are
often used interchangeably.
Leadership, on the other hand, refers to the ability to inspire and motivate
individuals or teams to achieve a common goal. Leaders set a vision and
inspire others to work towards that vision, often by empowering them and
providing them with the resources and support they need to succeed. While
managers focus on maintaining the status quo and ensuring that tasks are
completed on time, leaders are more concerned with innovation, creativity,
and driving change.
In summary, while management and leadership are related, they are not the
same thing. Management is about achieving specific goals efficiently and
effectively, while leadership is about inspiring and motivating others to
achieve a shared vision. Both are important for the success of an
organization, but they require different skills and approaches.
Explain each of the three managerial skills that managers at all levels,
should perform, and include examples to support your answer
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The three managerial skills that managers at all levels should perform are:
Technical Skills: Technical skills are the knowledge, expertise, and ability to
perform specialized tasks related to the organization's products, services, or
processes. These skills are necessary for managers to understand and
oversee the work of their subordinates. Technical skills are essential for front-
line managers who directly supervise employees engaged in production,
operations, or service delivery.
Human Skills: Human skills are the ability to work with and through other
people. It involves effective communication, leadership, conflict resolution,
motivation, and teamwork. Managers with excellent human skills can
communicate effectively with employees at all levels, build strong
relationships, and create a positive work environment.
Conceptual Skills: Conceptual skills are the ability to think critically, analyze
complex situations, and make sound decisions. These skills are essential for
top-level managers who are responsible for the organization's overall strategy,
planning, and policy-making. Conceptual skills enable managers to see the
big picture, anticipate changes, and develop effective solutions to complex
problems.
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Example: A CEO who can identify the organization's strengths, weaknesses,
opportunities, and threats (SWOT) and develop a strategic plan that aligns
with the organization's vision and mission. The CEO can also analyze market
trends, identify opportunities for growth, and allocate resources effectively.
Top-Level Management:
Top-level management is responsible for setting the overall direction and
strategy of the organization. These are typically the executives, board of
directors, or the CEO of the company. They make decisions about the
company's long-term goals and objectives, allocate resources, and ensure
that the organization is moving towards its overall mission.
For example, the CEO of Apple, Tim Cook, is responsible for setting the
company's overall direction, overseeing the executive team, and ensuring that
Apple is meeting its long-term goals.
Middle-Level Management:
Middle-level management is responsible for implementing the strategies set
by the top-level management. They are responsible for developing and
implementing plans and procedures to achieve the company's goals. These
managers often oversee multiple departments or teams and are responsible
for ensuring that each team is working effectively towards the company's
objectives.
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For example, the Vice President of Marketing at Nike is responsible for
overseeing the marketing department and ensuring that the company's
marketing strategies align with the company's overall goals.
Lower-Level Management:
Lower-level management is responsible for overseeing the day-to-day
operations of the organization. They are responsible for managing employees
and ensuring that the work is being completed efficiently and effectively. They
often have direct contact with the employees and are responsible for providing
feedback and guidance to help employees perform their jobs effectively.
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Strategic Planning: Strategic planning involves setting long-term goals and
objectives for an organization and identifying the resources required to
achieve them. It involves analyzing the external environment and internal
resources of the organization to determine the best course of action to
achieve the desired results. Strategic planning is typically done by senior
management and can cover a period of several years.
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Question 2
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education's first-level managers. First-level managers in businesses include
foremen, supervisors, shift assigners, and so on (Cole, G. A, 2004).
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inspiring workers. This approach views workers as individuals with emotional
and social needs who are motivated by a variety of factors beyond just
financial rewards. The key figures associated with this approach include
Abraham Maslow, Douglas McGregor, and Elton Mayo.
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Question 3
It's important to note that the Covid-19 pandemic has had a significant impact
on businesses worldwide, and many industries have been affected in different
ways. For the purpose of this analysis, let's take the example of a restaurant
chain.
Sociocultural Factors: The pandemic has changed the way people view dining
out. Many people now prefer to stay at home rather than go out to eat due to
safety concerns. However, there is still a significant segment of the population
that wants to enjoy dining out. The restaurant chain must find ways to appeal
to both groups and offer a safe and enjoyable dining experience.
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maintain high standards of hygiene and cleanliness to reassure customers
and ensure their safety.
Legal Factors: The pandemic has led to new legal requirements for
businesses to ensure the safety of their customers and employees. This
includes social distancing measures, mandatory mask-wearing, and regular
sanitization of premises. The restaurant chain must ensure compliance with
these regulations to avoid legal penalties.
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Question 4
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Management Franchise Agreement: In this type of agreement, the franchisor
grants the franchisee the right to manage a franchised outlet, such as a hotel,
restaurant, or retail store, on behalf of the franchisor. The franchisee is
responsible for day-to-day operations, such as hiring and training employees,
ordering supplies, and managing finances. The franchisee receives a share of
the profits in return for managing the outlet and paying the franchisor a fee.
Outline the different types of power a manager can exert in the business
world.
Legitimate power: This is power that comes from a manager's position within
the organization. Managers have the authority to give orders, make decisions,
and enforce rules, and their employees are obligated to follow their
instructions.
Reward power: This is power that comes from a manager's ability to reward
employees for their behavior. Managers can offer incentives such as bonuses,
promotions, and recognition to motivate their employees to perform well.
Coercive power: This is power that comes from a manager's ability to punish
employees for their behavior. Managers can use negative consequences such
as reprimands, demotions, and termination to discourage employees from
engaging in undesirable behavior.
Expert power: This is power that comes from a manager's knowledge, skills,
and expertise in a particular area. Managers who possess specialized
knowledge or skills are able to influence their employees by sharing their
expertise and providing guidance.
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information are able to influence their employees by providing or withholding
information as needed.
It's important to note that different types of power may be more or less
effective in different situations and with different employees. A skilled
manager will be able to use different types of power as needed to achieve
their goals and lead their team effectively.
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Facilitates Decision Making: Organizing provides management with a clear
understanding of the resources available and how they can be utilized to
achieve specific goals. This facilitates decision-making and allows
management to make informed decisions about resource allocation.
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References
Carroll, S.J, and Gillen, D.I. Are the classical management functions useful in
describing managerial work? Academy of management review.1987;12(1):38-
51.
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