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Principles of effective management
Management techniques, problems and solutions
Principles of effective management
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Leadership Comparison
There are many components that make up one’s leadership style. These leadership components are unique to each individual and how each individual presents his or her self. The perception of whether or not an individual is a good leader is sometimes swayed because of their values or their ethical behavior. In general a leader is a person that has the skills to manage individuals and get these individuals to follow him or her. The text Developing Management Skills states “In order to be an effective manager, in other words, individuals must be competent in: (1) clan skills, or a focus on collaboration; (2) adhocracy skills, or the focus on creation; (3) market skills, or a focus on competition; and (4) hierarchy skills, or a focus on control” (Whetten & Cameron, 2014, p. 16). Two individuals for comparison are Bill Gates and Bernard Ebbers. These two individuals come from different backgrounds but are both very successful in the leadership of their companies. The one major difference between the two is their life’s outcome. Bill Gates took his company, Microsoft to one of the world’s most profitable companies and retired to lead a life of philanthropy. While Bernard Ebbers also grew his company, WorldCom, to
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Just because leaders are able to get their employees to follow them and their company to produce a profit, means they should be considered admirable. I feel that ethics plays a large role in how an individual should be viewed. It is clear to me that Bill Gates philanthropic style is more admirable than Bernard Ebbers’ do what it takes to get rich style. Bill Gates actually left Microsoft because he felt he could do more with his wealth by giving it to charity. Bill and his wife have opened up different foundations to support education, health, and low-income
A key component to leadership is to master skills that one already possesses. The greatest leaders in the world do not necessarily stem from the best universities or some costly academic background. One of the strongest traits a person can have is understanding what their leadership style is. When one understands his or her leadership style this can work strongly to one 's advantage. The goal is to garner the best results with the least amount of effort whenever possible therefore many particulars exist which can add to this equation and understanding one’s personal leadership style is a great place to start.
in business the leaders with this mindset are most concerned with their “reputation for personal greatness” and often they set the company up to fail (Dweck, 2016).
Whilst there are many different definitions of leadership, it is generally agreed that the act of leading people involves influencing them to undertake a course of action that contributes to an objective defined by the leader: his or her vision (Cutler, 2014). Some of the traits of a leader are adaptable to situations, alert to social environments, assertive, decisive, and dependable. There are many styles of leadership such as
When one hears the name Bill Gates they proximately think of a Billionaire and Philanthropist, one who has thrived in every challenge life has thrown at him. Gates left a university like Harvard and a set future to chase a pipe dream, which at the time would seem to any man as futile. What 'history' tells the world is that Gates persevered through trials time and again, to single-handedly build an empire known throughout the world as Microsoft. What many don’t know is that Bill Gates had advantages over all his peers (i.e. Steve Jobs) during the course of his ‘odyssey.’ Those recompenses have influenced Gates progress and his eventual triumph as a technology-mogul.
“It's fine to celebrate success but it is more important to heed the lessons of failure” (Bill). Bill Gate’s idea that entrepreneurs who have experienced failures are more determined to succeed the second time than the first time. Through his actions, Bill Gates has proved to be an ethical yet a capitalist. When doing this, he does not use any harmful trickery to get what he wants. He instead he inspires others, and helps the poor from hunger and poverty. Bill Gates changes the world by inspiring and leading others ethically.
For both Tim Berners-Lee and Bill gates, they are one of the most successful men in the world, or even in the history of mankind. The reasons beyond their victorious stories of why and how they could gain success are worth thinking about, where I reflected on their life experiences and generated some
Throughout history, there have been leaders who are considered as admirable due to positive influences over other individuals. For example, in my opinion, Abraham Lincoln was able to influence the masses of people because he chose to think and behave differently from other leaders before him. When a person is considered as a leader, there are several responsibilities and qualities that will attract others to follow after the teachings that are demonstrated. Leadership can be described as the process for “guiding individuals, groups, and entire organizations in establishing goals and sustaining action to support goals (Shockley-Zalabak, 2015, p. 220). Additionally, each leader will usually have a distinctive
Many Scholars characterize the core qualities and skills necessary for an effective leader. Useem defines leadership as “Creating a vision and translating that vision into actions”. Historically, an effective leader was assumed to be exceptionally knowledgeable, authoritative, and dominate. Those leaders applied the command and control method to lead an organization. With the passage of time, this definition has been changed. The modern definition of an effective leader is honest, courageous, trustworthy, inspirational, and result-oriented. Today’s leaders create shared values and vision, and empower others to achieve their targets.
In my opinion obtaining power and money are not the defining characteristics of what makes a leader; although both money and power can come as the result of being a leader they are not the motivation behind a brilliant, individual exuding leadership potential. Leaders are those who inspire us by their story and message of perseverance not by their greed, they make us re-evaluate our own goals and give us hope for our future. Being a senior at DePaul, I have had the opportunity to meet many powerful and successful executives in the business world, and although these men and women may have been successful, their enlarged ego has left behind an unpleasant image in my mind. When I think of leaders who I look up to Scott Goodman and Meg Whitman
"Bill Gates is a modern business phenomenon: the greatest of the cyber-tycoons. His is not simply a story of technical brilliance and enormous wealth; it is one of remarkable business vision and an obsessive desire to win. It is also about a leadership style that is radically different to anything the business world has seen before."
Let’s use Bill Gates, one of the great worldwide leaders, for this instance. As we all acknowledge, Bill Gates is always considered, without doubt, a successful man and one of the top ranking leaders. We as well know that Bill Gates, of course, was not a leader by birth, nor did any creator intentionally or accidentally bestow him the knowledge he possesses today, but rather by his acquirement of experience throughout his lifetime.
Schwartz believes that there are four ways managers and leaders can strive to be better at their organizations. These methods include: celebrating moral exemplars, do the right thing, know the community, and be ordinary. The first of these methods is to celebrate moral exemplars. Leaders need to be proud and show off these exemplars because they show the way for others to follow. By showing how those who hold their moral in the highest of standards will get other people to admire and mimic them. I know that when I am in a work environment and I see a person in a rank higher than me do something great, I admire that persons and strive to be as good if not better than them.
A leader must be competent as well as confident in their job and have the ability to show consistency and trust. In conclusion, every manager should commit to finding ways to improve your leadership skills, allow others to evaluate your leadership style and give feedback.
The most important quality that differentiates a leader from other people is the ability to think strategically. Vision is the most important aspect that drives a leader’s strategy. It is all about where you want to be. Other qualities include Decision making, problem solving, time management, self-motivation, emotional intelligence and many more. Once we know the type of leadership, it is easy to find what leadership skills we have and which we need to develop which is explained in the book “Leadership: Theory, application, skill development (5th ed.) by Lussier and Achua.” Also, Keirsey Style Sorter personality type helps to knowing our temperament type, and work on our weakness and to emerge out as a good leader.
Leadership skills: Is capable of thinking strategically. Can anticipate future consequences and trends accurately. Puts the team before the individual’s welfare. Coaches and develops employees. Is confident with his/her decision making and vision. Leads by