LC BUSINESS- LEADING

Rebecca Omosebi's "Leading" Leaving Certificate Business- Knowt

Define the term “Leading”

management skill that encourages people to work towards a specific goal

name the 3 most common management styles

• autocratic

• democratic

• laissez-faire

define the term “autocratic leadership”

managment style where the manager makes all business decisions without input from employees

name an example of an autocratic leader and their company

donald trup, trump organisation

explain and give an example why some managers use the autocratic leadership style

• in a crisis or emergency situation where tough decisions may be needed quickly

  e.g. turning a business around

name the 5 leadership qualities

• trust

• delegate

• listen

• communicate

• persuade

how do autocratic leaders trust in terms of their employees

have little trust or confidence in the abilities of other staff

how do autocratic leaders delegate in terms of employees

are unwilling to delegate power and responsibility to subordinates

how do autocratic leaders listen in terms of employees

tend to ignore the views of others during decision-making

how do autocratic leaders communicate in terms of employees

tends to be one-way and top-down, simply giving instructions

how do autocratic leaders persuade in terms of employees

use their position of authority to get their own way. May sometimes resort to intimidation and fear to persuade others

name 3 autocratic leadership adavnatages

• quick decision-making

• quick task completion

• improved productivity

AUTOCRATIC LEADERSHIP: state and explain the “quick decision making” advantage

quick decision making
decisions can be made quickly as the autocratic leader does not consult with others. therefore, the business does not miss out on opportunities in the market.

AUTOCRATIC LEADERSHIP: state and explain the “quick task completion” advantage

quick task completion
The autocratic leader gives orders to staff to ensure that tasks are completed quickly and deadlines are not missed.

AUTOCRATIC LEADERSHIP: state and explain the “improved productivity” advantage

employees work hard as they know that they are being supervised by management. This can improve productivity in the workplace.

name 3 autocratic leadership disadvantages

• management stress

• staff motivation

• Industrial action

AUTOCRATIC LEADERSHIP: state and explain the “management stress”disadvantage

the autocratic leader makes all business decisions and does not delegate tasks. This can lead to management stress and burnout

AUTOCRATIC LEADERSHIP: state and explain the “staff motivation” disadvantage

motivation levels are low as staff follow orders and jobs are not delegated to them. This can lead to higher absenteeism and staff turnover

AUTOCRATIC LEADERSHIP: state and explain the “industrial action” disadvantage

employees may feel undervalued, which damages the relationship between management and employees. This may lead to increased industrial action, e.g. official strikes

define the term “democratic leadership”

encourages employees to participate in decision-making in the business

name an example of an democratic leader and their company

bill gates and microsoft

explain and give an example why some managers use the democratic leadership style

likely to be used by high-tech industries which rely on well educated and highly self-directed employees, creativity is also valued.

what is employee empowement, define it

occurs when managers allow employees to make decision on behalf of the firm without needing to consult with management

how do democratic leaders trust in terms of employees

have trust in the ability of subordinates to do their work

how do democratic leaders delegate in terms of employees

readily delegate authority

how do democratic leaders listen in terms of employees

take decisions only after discussion with others

how do democratic leaders communicate in terms of employees

communication is two-way, listening to others and giving instructions

how do democratic leaders persuade in terms of employees

prefer to persuade other through the use of reasonable arguments and positive motivation rather than giving orders

name 3 democratic leadership advantages

• increased intrapreneurship

• future promotion

• employee motivation

DEMOCRATIC LEADERSHIP: state and explain the “increased intrapreneurship” advantage

employees are willing to come up with ideas that can help the business to increase sales or decrease business costs, e.g. a new product

DEMOCRATIC LEADERSHIP: state and explain the “Future Promotion” advantage

delegation and empowerment help employees to develop new skills and knowledge. When promotions arise in the business they can apply for these roles

DEMOCRATIC LEADERSHIP: state and explain the “Employee motivation” advantage

Employees have high levels of motivation, as they feel valued. This can lead to higher productivity levels among staff

name 3 democratic leadership disadvantages

• slow decision-making

• frustrated employees

• management resentment

DEMOCRATIC LEADERSHIP: state and explain the “Slow Decision-making” disadvantage

decision-making is slow as managers consult with their employees before making major business decisions

DEMOCRATIC LEADERSHIP: state and explain the “Frustrated Employees” disadvantage

employees may feel frustrated if their ideas are not incorporated into business decisions. They may decide not to contribute their ideas in the future

DEMOCRATIC LEADERSHIP: state and explain the “Management Resentment” disadvantage

some managers may resent empowering employees, as it reduces their control in the business

define the term “laissez-faire leadership”

take a hands-off approach to employees and allow them to make decisions that they believe are in the best interests of the business

name an example of an laissez- leader and their company

richard branson and virgin media

explain and give an example why some managers use the laissez-faire leadership style

appropiate in a business that promotes teamwork e.g google

how do laissez-faire leaders trust in terms of employees

have considerable trust in the ability of their staff and so delegate power and responsibility freely

how do laissez-faire leaders delegate in terms of employees

are content to let staff make most of the decisions and only get involved in very important decisions

how do laissez-faire leaders communicate in terms of employees

are very willing to listen to the opinions of others before making decisions

how do laissez-faire leaders persuade in terms of employees

prefer to persuade others through use of reasonable arguments and positive motivation rather than giving order

name 3 laissez-faire leadership advantages

• employee motivation

• improved skills and knowledge

• intrapreneurship

name 3 laissez-faire leadership advantages

• employee motivation

• improved skills and knowledge

• intrapreneurship

LAISSEZ-FAIRE LEADERSHIP: state and explain the “Employee Motivation” advantage

employee motivation is high among empowered employees, as they feel trusted by management. They work hard for the benefit of the business and to achieve the firm’s goals

LAISSEZ-FAIRE LEADERSHIP: state and explain the “Improved Skills and Knowledge” advantage

delegated work helps employees to improve their skills and knowledge. This prepares them for future promotions in the business

LAISSEZ-FAIRE state and explain the “Intrapreneurship” advantage

employees use their intrapreneurial skills to develop new products or identify new processes. This can help to reduce business costs and improve sales.

name 3 laissez-faire leadership disadvantages

• reduced productivity

• poor decisions

• poor industrial relations

LAISSEZ-FAIRE state and explain the “Reduced Productivity” disadvantage

some employees may take advantage of the lack of regular management supervision. This can create tension among team members and reduce business productivity

LAISSEZ-FAIRE state and explain the “Poor Decisions” disadvantage

some employees can make poor decisions that damage the firm’s reputation or result in a business missing an opportunity in the market

LAISSEZ-FAIRE state and explain the “Poor Industrial Relations” disadvantage

management may blame employees for mistakes made or for not achieving targets. This can lead to poor industrial relations between management and staff

define the term “delegation”

delegation involves assigning tasks to another person, e.g. a manager delegates tasks to a subordinate. The person assigned the task is made accountable (is responsible) for its completion

what are the 3 requirements for delegation

• open communication

• employee skills and experience

• managerial control

REQUIREMENTS FOR DELEGATION state and explain the “OPEN COMMUNICATION”

Delegated tasks and the required standards should be clearly communicated to employees

REQUIREMENTS FOR DELEGATION state and explain the “EMPLOYEE SKILLS AND EXPERIENCE”

management must choose employees with adequate skills and experience to complete the assigned task

REQUIREMENTS FOR DELEGATION state and explain the “MANAGERIAL CONTROL”

Ultimate responsibility for task completion lies with management. Therefore, managers must implement a control system to ensure that errors are identified and corrected quickly

name 3 advantages of delegating

• management workload

• increased employee motivation

• management training

ADVANTAGE OF DELEGATION state and explain the “Management workload” advantage

Delegation reduces managerial workload and allows managers to focus their time on more important managerial tasks and decisions

ADVANTAGE OF DELEGATION state and explain the “Increased Employee Motivation” advantage

delegating tasks to employees shows that management trusts them. Increased motivation can help to boost productivity in the workplace

ADVANTAGE OF DELEGATION state and explain the “Management Training” advantage

delegation gives employees the opportunity to develop their skills and knowledge and helps them to train as managers

name 3 disadvantages of delegating

• employee stress

• poor decision making

• employee resentment

DISADVANTAGE OF DELEGATION state and explain the “Employee Stress” disadvantage

DISADVANTAGE OF DELEGATION state and explain the “poor decision making” disadvantage

employees lacking experience and suitable guidance may make poor decisions when they receive delegated tasks. This could damage the firm’s reputation

DISADVANTAGE OF DELEGATION state and explain the “employee resentment” disadvantage

•Employees may resent management if they feel that the delegated tasks are simply tasks that the manager does not like to do

NAME FOUR BENEFITS OF LEADERSHIP

• STAFF RECRUITMENT AND RETENTION

• ACHIEVING ORGANISATIONAL GOALS

• INCREASED EMPLOYEE

• SUPPORTING CHANGE