HC Enterprises - Lecture 6 (reduced) - 2425

Page 1

  • Title: The Enterprise and Ethics OLA The Enterprise - Lecture 6

Page 2

  • Overview of Management Process:

    • Organizing

    • Determining

    • Achieving organizational purpose

    • Management process includes planning, organizing, leading, and controlling.

Page 3

  • Reference to the movie by Jobs (2013).

Page 4

  • Leadership Questions:

    • Tasks fulfilled by a leader

    • Leadership styles

    • Methods of motivation (motivational theories)

Page 5

  • Key Tasks of a Leader/Manager:

    • Assign and check tasks

    • Provide execution assistance

    • Make necessary adjustments

    • Foster team spirit

    • Motivate employees

    • Generate new ideas

    • Establish vision

Page 6

  • Clarification of Tasks for Manager vs. Leader:

    • Manager: Assign, check tasks, assist, adjust, motivate

    • Leader: Foster team spirit, generate ideas, establish vision

Page 7

  • Management vs. Leadership Statements:

    • Leadership is concerned with what is right; management is about being right.

    • Both roles are equally important.

    • Management skills can be learned; leadership relates more to personality traits.

Page 8

  • Reference: Scene from 'Dead Poets Society' on leadership.

Page 9

  • Definition of leadership: "relational characteristic between leader and follower."

Page 10

  • Quote by George Box: "All models are wrong, but some are useful."

Page 11

  • Kurt Lewin's Leadership Styles:

    • Authoritarian: Leader tells employees what to do.

    • Participative: Leader includes employees in decision-making.

    • Delegative: Employees make decisions with leader's responsibility.

Page 12

  • Situational Effectiveness of Leadership (Hersey & Blanchard):

    • Employee maturity is crucial.

    • Four styles: telling, selling, participating, delegating.

Page 13

  • Leadership Styles Grid:

    • S1: Telling - specific instructions

    • S2: Selling - explain decisions

    • S3: Participating - share ideas

    • S4: Delegating - turn over responsibilities.

Page 14

  • Leadership Styles and Behaviors - High Security to Low Directive Behavior.

Page 15

  • Inducing Change: Controlled implementation and growth.

Page 16

  • Characteristics of a Leader:

    • Drive, honesty, self-confidence, intelligence, relevant knowledge, extraversion.

Page 17

  • Leadership Style: Influences employee productivity, motivation, and attitude.

Page 18

  • Blake Mouton Managerial Grid: Overview of management styles.

Page 19

  • Description of the Leadership Grid: Concern for results vs. concern for people.

Page 20

  • Comparison: Traditional Leadership vs. Servant Leadership.

Page 21

  • Conclusion on Leadership Styles:

    • No single best style; adaptability is key.

    • Task and relationship relevance determine effectiveness.

Page 22

  • Self-assessment: Are you a manager or leader?

Page 23

  • Motivation:

    • Definition: Reasons that drive actions.

    • Needs must be met for effective motivation.

Page 24

  • Motivation Theories:

    • Focus on Maslow's pyramid of needs.

Page 25

  • Emphasis on unmet needs and their impact on motivation.

Page 26

  • Herzberg's Motivation Theory:

    • Distinction between motivational (internal) and hygiene (external) factors.

Page 27

  • Two-factor Theory Factors:

    • Hygiene: salaries, work conditions, job security.

    • Motivator: responsibility, achievement, growth.

Page 28

  • Reference: Herzberg's theory explained in a video.

Page 29

  • Continuation of the Enterprise and Ethics lecture.

Page 30

  • Review of Management Process (planning, organizing, leading, controlling).

Page 31

  • Functions of Management overview in a movie reference.

Page 32

  • Breakdown of the Four Functions of Management:

    • Planning, Organizing, Leading, Controlling.

Page 33

  • Controlling: Ensuring activities match planned activities.

Page 34

  • Control Process Steps:

    • Set standards, measure results, adjust as needed.

Page 35

  • Setting standards and methods for measuring results.

Page 36

  • Comparing results to standards and adjusting if necessary.

Page 37

  • Organizational Culture video reference.

Page 38

  • Additional content on the control process in a video format.

Page 39-42

  • Further movie references and upcoming topics related to control process and management standards.