Management Styles/Skills

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Covers Management Styles/Skills, key features, definitions, advantages and disadvantages

Business

12th

27 Terms

1
Autocratic management
  • One-way, top down communication

  • Centralised decision making

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2
Persuasive management
  • One way communication

  • Centralised decision making

  • Management seeks to convince employees of their decision

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3
Consultative management
  • Two-way communication

  • Centralised decision making

  • Management seeks input from employees

  • Manager still makes the final decision

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4
Participative management
  • Two-way communication

  • Decentralised decision making

  • Employees and managers work as a team to make decisions

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5
Laissez-Faire management
  • Two-way communication

  • Decentralised decision making

  • Managers provide employees with the responsibility to make their own decisions

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6
Advantages of Autocratic Management
  • Saves time as the manager doesn’t need to consult employees about their decisions

  • Suitable for high risk/pressure situations as communication is direct and doesn’t rely on employee input

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7
Disadvantages of Autocratic Management
  • Reduced employee moral, as input is not valued

  • Doesn’t make use of valuable employee insight

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8
Advantages of Persuasive Management
  • Saves time, as the manager has the final say

  • Employees are more likely to accept decisions if persuaded

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9
Disadvantages of Persuasive Management
  • Employees may have reduce moral as they feel their input is not valued

  • Does not make use of valuable employee insights

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10
Advantages of Consultative Management
  • More informed decision making

  • Employees likely to feel more valued

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11
Disadvantages of Consultative Management
  • Can be more time consuming

  • If employees are left out of the final decision, may feel their input has been ignored/is not valid

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12
Advantages of Participative Management
* Shared decision making leads to employees feeling more valued
* Decision making will be better informed
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13
Disadvantages of Participative Management
  • Time consuming

  • Not suitable for all environments, like high risk/pressure situations

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14
Advantages of Laissez-Faire Management
  • Employees feel more valued due to the level of responsibility

  • Encourages teamwork between employees

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15
Disadvantages of Laissez-Faire Management
  • Employees may lack skills and knowledge to make suitable decisions

  • Lack of guidance from management can negatively impact morale of staff

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16
Communication Skills
* The ability of a manager to effectively facilitate exchanges of information between themselves and employees
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17
Importance of Good Communication Skills
  • Providing clear/concise instructions

  • Setting clear objectives/expectations

  • Facilitate dialogue and receive feedback

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18
Delegation Skills
* The transferring of responsibility for a task to someone else
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19
Importance of Good

Delegation Skills
* Allows the allocation of tasks to employees based on their skills, knowledge and experience
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20
Planning Skills
* The setting of goals and utilising of resources to ensure the business will continue to achieve its objectives
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21
Importance of Good

Planning Skills
* Essential to ensuring that Business Objectives are met
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22
Leadership Skills
* Involves motivating employees and leveraging their skills and experiences to achieve a shared objective
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23
Importance of Good

Leadership Skills
* To ensure employees remain motivated to complete objectives
* To ensure their skills and knowledge are effectively used
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24
Decision-Making Skills
* The ability of a manager to take the **most suitable** path of action from a range of options
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25
Importance of Good

Decision-Making Skills
  • Hiring the best staff

  • Purchasing inventory

  • Expanding operations (opening new stores)

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26
Interpersonal Skills
* The ability of a manager to develop and maintain positive working relationships with staff
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27
Importance of Good

Interpersonal Skills
* Ensures staff morale and motivation is high
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