is done through negotiating contract agreements with a vendor who takes on the responsibility for the . The only problem with this approach is that you can take a significant amount of time to complete. As you read, think about the leadership and management styles presented in the different articles. Pace-setting leadership. Disadvantages include lack of input from subordinates on current behavior. And if you haven't figured them out yet, here are some of the major advantages of CSR that you must know: Improves the image of a company: Order Instructions Describe various neuroimaging techniques and their relative advantages and disadvantages. Leadership and management lesson plan Thurein Naywinaung. The span of control becomes too large at top levels. This type of leadership is highly effective and productive. 3. What are the advantages and disadvantages of each? Leadership.2.pptx.final Greg Emmanuel Villahermosa. What might be some . These leaders need there to be one clear way to get a job done. -In many organizations, when a leader leaves his company, quality is then ignored. Learn about the . In centralisation, upper management, because of its experience, wisdom and broad outlook, is more mature in decision-making. Here are more details about why transactional leadership might not be . (i) Human power [2 marks] (iv) Biogas energy [2 marks]2. better communication. Collepals.com Plagiarism Free Papers Are you looking for custom essay writing service or even dissertation writing services? Persuasive managers hold control of decision-making but work to help employees understand why decisions made by management are best for the company. Strategic Business Unit (SBU) Structure: Divisional structure may not be suitable when increase in number, size, and diversity of divisions in an organisation, and it becomes difficult for strategists to control and evaluate divisional operations. This type of leadership revolves around the four basic management styles. Describe the merits and demerits of network structure Network Structure: the set of strategic alliances that an organization creates with the suppliers, manufactures and distributors to produce and market a product. 3. Disadvantage: Reduced Productivity and Innovation. Later, R. Likert described four basic systems of leadership style. Personal Growth and Motivation. Advantages of Scientific management. Inputs and feedback starts pouring from each side. The following mentioned are a few limitations or disadvantages of scientific management. Describe the advantages and disadvantages of expansion into international business activities for a given business. c. Merits of MBO: 1. 2. A global dependency exists when a. massive crop failures require buying food from another country. Just request for our write my paper service, and we\'ll match you with the best essay writer in your subject! (20 mins) 1. 2. They share an honest rationale behind decision-making policies that can foster an inclusive and trusting environment. 10. Case . Unfortunately, many of the disadvantages are because of inappropriate application (often by poor consultants) as opposed to inherent limitations. Persuasive. Scientists think they have a certain impact on a person's success, and activity, in general. Workers are assisted . This is the style where manager work hard and set example for others. (2) Flexibility and adaptability to changes is high. Coaching leadership focuses on helping employees become better individuals. leaders for whom the desire for absolute and unlimited power is characteristic. Coaching leadership focuses on helping employees become better individuals. By allowing different departments to work together, the matrix structure fosters a more open work environment, ultimately making the organization more dynamic. Describe the merits and demerits of payment. . [8 marks]4. Max Weber was the founder of the autocratic and patriarchal style, the charismatic style and the bureaucratic style. He adapted these three leadership styles to the management of employees in individual companies. Summary. Reduces Wastage: When the trainees learn about the right use of the products they know how to use the machine effectively and minimize the wastage. It helps them to become more skilled and more productive. Question Answers. Define democratic leadership and describe its main features ; Perceive the advantages and disadvantages of . A leader can use any of these styles based on the circumstance and situation they are facing. Disadvantages of transactional leadership. What does this mean? The first and foremost advantage of having a control mechanism in place is that it leads to accomplishments of objectives set by the planning department of the company on time. quicker problem-solving. This system can be entrusted with higher efficiency as knowledge of the experts in the field are involved extensively used. Stogdill's study shows that traits of successful leaders include: Physical and constitutional factors: Among them, we can mention height, weight, physique, health, and appearance. (2+2 marks) Question 1B: What made OPEC decide to cut the supply of oil? Case Study Answers. Like any process or tool, there are both advantages and disadvantages to a strategic management process. Such decisions carry the chance of being least risky. The following points bring out the advantages of communication in management. Oftentimes, this can be an advantage of change management for a company, where change management can reduce time, effort, and even improve the chances of success. A leader can use any of these styles based on the circumstance and situation they are facing. An Improvement Culture. Expertise Knowledge. Trait Theory of Leadership Examples. Describe the leadership and management style outlined in the "Life-Friendly Managers" article. b. a country buys tools from another country because it does not have the technology to make the tools. Explain how managers direct others and motivate them to achieve company goals. • Reduce costs. This is the style where manager work hard and set example for others. What are its advantages and. Improves The Performance: Training improves the performance of the employees. It takes time to verify the accuracy of measurements which means that decision making will be slowed down. 5. Both the manager and the subordinates know what is expected of them and hence there is no role ambiguity or confusion. System 1 (Exploitative Authoritative) includes exploitative-authoritarian leaders, i.e. Business leaders come in all shapes and sizes. -Quality is often only a motivation to be more advanced, but in reality business strategy and performance is less. Type # 4. By observing the manager in action, the coach can provide recommendations the manager can implement immediately. 1. As part of a cost leadership strategy or low-cost leadership, an organization usually becomes the . View IMT.docx from IMT 632 at Institute of Management Technology. Case Study Answer Sheets. Decision making slows down: Participative management stands for increased participation and when there are many people involved in decision making, the process definitely slows down. According to Lounsbury Fish, "Organisation Structure is more than a chart. Improvement of Managing: MBO helps in managing better the organization. The following text explains in detail the different styles of leadership as well as their advantages and disadvantages. What might be some . 3. The directive leadership style really struggles to cope with creative job functions. Let us know how much you liked it and give it a rating. As with any tool or process, you as the client have the final responsibility to ensure . Impersonality: A bureaucratic organization stresses a mechanical way of doing things. Advantages: Different ideas are shared easily among one another. Over the years, the role of communication has increased tremendously thanks to the advent of various modern devices. It provides trained minds for achieving higher degree of excellence in all branches of shop management. 2. Martin feels that some managers can be tempted to use 360 degree feedback to concentrate on finding negative aspects of an employee's performance rather than celebrating and developing positive aspects. Demerits. Process Layout: Possible Advantages: (1) Very high degree of variety in products is possible. Oktober 20, 2021 the one after the superbowl: part 1 . Leadership development, Marketing 91 says, is the process of helping individuals gain leadership skills. "Describe the advantages and disadvantages of each leadership style . What are the benefits of this model? Let's explore some of the advantages and disadvantages of outsourcing. Make Better business decisions: It is important to understand the difference between a great idea and a good idea. better and faster decision making. The performance of each employee is acknowledged and the best results among workers are rewarded. MBO helps and increases employ­ee motivation because it relates overall goals to the individual's goals; and helps to increase an em­ployee's understanding of where the organization is and where it is heading. 4. Advantages of Laissez-Faire Leadership. 1 . — Workers are more open to improvement and are looking for ways to consistently make the work they do even more impactful. It restricts the initiative of certain workers. Merits of MBO: 1. They are directing, coaching, delegating, and supporting. Her presenting style might lack a powerful presence or commanding style. Thus, system 1 is oriented to a problem with a rigidly structured control system. It's being comprehensive as it covers just about anything one might need to do in a management position to ensure success. 4. Benefit of Specialization. The advantage of this style is whole team remain motivated, and disadvantage is sometime subordinates feel too much pressure for performing. • Reduce times and thus reduce the production and delivery times of the service. Allows interdepartmental communication. The directive leadership style really struggles to cope with creative job functions. But, there are also things to watch for when implementing your change management strategy. Pace-setting managers. There are some advantages of teamwork in every organization. Describe the merits and demerits of payment. (20 mins) 1. . Some leadership approaches are more effective than others in inspiring and motivating people beyond their normal levels of performance . The organization can do away with huge expenses on real estate, office spaces, utilities bills such as gas, electricity, water etc. Cost leadership is a form of business strategy, believed to have been designed by American academic Michael Porter, that establishes a competitive advantage for an organization by helping it achieve the lowest cost of operation in its industry. 2. 3. By the end of the chapter, you should be able to: Identify the four interrelated functions of management: planning, organizing, leading, and controlling. The democratic leadership style requires extra time to implement a decision. 1. 5. 3. supported employee growth and development. Meaning of Organisation Structure: Organisation structure is the pattern of organisational hierarchy based on authority responsibility relationship. This type of leadership revolves around the four basic management styles. State four (4) major differences between diesel and petrol engines. 2. (5) Good level of variety, skills requirement and therefore higher job satisfaction. Although we have sent astronauts to the moon multiple times, the top speeds for planetary transportation max out at 2,200 mph. A good example of paternalistic management would be if you . MBO has the following advantages: Advantage # 1. The advantages and disadvantages of this approach are listed below:Advantages: 1. The bureaucratic organizational structure may inhibit productivity, diminish innovation and decrease morale. Question 1 Leadership manifests itself in many varied personal characteristics or traits. 2. Change management methodology can help a company successfully negotiate the sometimes overwhelming process of change. What are the benefits of this model? b. a country buys tools from another country because it does not have the technology to make the tools. It is also the most used because it has been proven to work. Leader has the authority to take the final decision. As different leadership styles have their merits and demerits, it is difficult to prefer one leadership style to another. Advantages of Controlling Accomplishment of Objectives on Time. A global dependency exists when a. massive crop failures require buying food from another country. Former Apple boss, Steve Jobs, was known for being autocratic and deeply involved in the details of projects. The structure is inherently laden with rules and more policies and procedures can be added at any time, making workloads and roles more complicated. Strength. Describe the advantages and disadvantages of each leadership style: Democratic, Autocratic, Laissez-Faire, Bureaucratic. Allows interdepartmental communication. Individual decision making: Less competent sub-managers can be used only to carry out the orders of the boss. Behavioral leadership theories are designed to study a leader's behavior in a controlled situation to generate marketing potential. The usual thing in organizations is that the processes are not identified and, therefore, are not documented or . disadvantages of TQM. Advantages of Management by Objectives. Better skills make it easier to fill slots when managers retire or quit and increases employee competence at leading others and handling crises. It is worthwhile to note that several studies have . Answer (1 of 3): Systems Approach identifies the inter-dependencies and inter-relations between the various parts of the organisation and helps to get a holistic view while dealing with business issues. Main Menu; by School; . Advantages of Corporate Social Responsibility. Estimated reading time: 5 minutes Outsourcing is a business strategy that moves some of an organization's functions, processes, activities, and decision responsibility from within an organization to outside providers. 1. sharing of specialist expertise. 1. It increase. Lower costs. He believed in finding the right talent and trusting them to get the job done. The manager act as an inspiration. (4) Requires small maintenance crew. As you read, think about the leadership and management styles presented in the different articles. Servant leadership. 2. Describe the process by which a . The manager act as an inspiration. 1. Richard Branson led using a more delegative style. Problems can be solved quickly. It is the most comprehensive administrative management theory Henri Fayol's theory is extremely comprehensive as a way to deal with management techniques. Describe five (5) advantages and five (5) disadvantages of using a project management approach based on model-based methodologies (specifically PMBOK® and PRINCE2®). The following are the principal advantages of scientific management. Decentralization, on the other hand, allows communication to stretch in all directions. The disadvantages of the Autocratic leader can make more group hostility, more dependence on leader, more apathy in group, and slower execution of decisions (Heath, 1994). Because leaders are hands-off in their approach, employees can be embrace personal growth and stay highly motivated. Define democratic leadership and describe its main features ; Perceive the advantages and disadvantages of . Motivation and reward for leaders: It provides strong motivation and reward for the leader. • Improve quality. Management development focuses on the manager getting. When individuals at lower levels pursue personal objectives, the overall objectives of the organization may be neglected. As CSR adoption becomes increasingly popular all over the world, it is safe to assume that businesses have seen great potential in this area. What are the advantages and disadvantages of each? Requires huge capital: The theory requires an investment of huge capital and consider as a costly system. 1. The following are the merits of functional organization. Democratic leadership is an approach to management in which certain democratic . Case Study Solutions. Organizational rules and regulations are given priority over an individual's needs and emotions. Ownership and Management 8. The Advantages and Disadvantages of 6 Leadership Styles. Describe the advantages and disadvantages of expansion into international business activities for a given business. Democratic leadership is an approach to management in which certain democratic . Merits: Avoids high operating cost Allows a company to form strategic alliance with foreign suppliers which lowers the foreign sources of input cost Demerits: IT is changing . What are its advantages and disadvantages? Describe the advantages and disadvantages of 5 different organizational structures.. 1. State the function of the following parts found in a tractor drive train (i) Clutch [1 mark] (iii) Final drives [1 mark]3. Advantages of process management. Servant leadership. increased rate of innovation. Essentially, there is a higher morale in an . Then the leader closely supervises the worker to ensure the work is up to needed quality standards. By allowing different departments to work together, the matrix structure fosters a more open work environment, ultimately making the organization more dynamic. Teamwork helps to increase collaboration and has opportunities to lift the brain, resulting in more ideas. — Workers are more open to improvement and are looking for ways to consistently make the work they do even more impactful. Pace-setting managers. Pace-setting leadership. Managers are more likely to com­pete with themselves than with other managers. The team does better than one person to solve complex problems and complete difficult tasks. The works of the subordinates depend to a great extent upon the communication they receive from their superiors. Advantages 4. 2. The establishment of work study, planning department, training of workers, and standardization requires more money. Democratic leaders can quickly increase the levels of morale other team by soliciting ideas, opinions, or advice from each team member. Study Resources. Cost savings - The biggest advantage of virtual team enjoyed by an organization is the associated cost savings. Some of the biggest benefits of democratic leadership is its stress on team involvement, participation, and engagement, according to a LinkedIn article written by Financial Analyst Surendra Jakhar. It results in greatly improved management. It is mechanism through which management directs co-ordinates and controls the business. Advantages of Divisional Structure Accountability and Responsibility. The advantage of this style is whole team remain motivated, and disadvantage is sometime subordinates feel too much pressure for performing. -Many companies make quality unclear by setting goals without having a way . Since Management by objectives (MBO) is a result-oriented process and focuses on setting and controlling goals, if encourages managers to do detailed planning. For example, a manager may fail to exhibit gravitas, or confidence in her authority. Describe the following sources of farm power and give the merits and demerits of each. Disadvantages: Difficult to maintain the co-ordination . It completely revolutionizes and improves layout, routing, scheduling, purchasing, stores keeping and accounting. Leader . ADVANTAGES OF TRAINING. What does this mean? Listed below are a few disadvantages that inadvertently tag along with the tool: 1. An answer to this question is provided by one of our experts who specializes in management. So you can see the increase in productivity. An Improvement Culture. 3. 2. This discussion seeks to examine the merits and demerits of three (3) well-known leadership styles, namely, autocratic, democratic and laissez faire leadership styles. We can go further and faster than ever because of technology. Explain the process by which a company develops and implements a strategic plan. In decentralisation, lower level managers, because of their less experience, wisdom and narrow outlook are less mature in decision-making. Ownership and Management 8. They are directing, coaching, delegating, and supporting. Centralization gives powers only to higher authorities, while decentralization allows the power to middle and lower authorities as well. (3) Machine breakdowns do not cause crippling production stoppages. Rewards don't work for everyone, and this kind of system can stifle creativity. Describe the advantages and disadvantages of 5 different organizational structures. 2. 1. 3. These leaders need there to be one clear way to get a job done. Authoritarian . The Hyperloop proposes to transport humans at faster speeds than ever accomplished before and history on our planet. improved business processes. Paternalistic Paternalistic managers make decisions in best interests of workers after consultation (Dunn, 2007). IMT Question 1A: Name and describe the phenomenon which involves such joint decision-making. and executives' travel. If leaders can take the viewpoint of their customers when they're reviewing a product or service targeted toward them, they know how to establish a lasting relationship, leading to continuous purchases and revenue for the company. In simple words just like in case of highway if you do not apply brakes you can go ahead of your destination or if you are driving too slowly then you will . The first and foremost advantage of divisional structure is that since each division acts as a profit center and division managers are given full autonomy over the operations of divisions, it is the divisional managers who are accountable as well as responsible for the performance of the division. Then the leader closely supervises the worker to ensure the work is up to needed quality standards. olive tree profit per acre; 2022 tiguan r-line for sale; pewaukee restaurants with outdoor seating; tiana 2023 release date; cpi rent increase 2022 san diego management buyout advantages and disadvantages. Many organizations outsource their operations to the low-cost regions. 3. — When a company understands the importance of lean management and begins to implement the strategies, then a new way of thought begins to take over in the company. The strategic management provides a base for the organization on the basis of which progress can be measured and on the basis of the same, the employees can be compensated. Using a suitable project example from your experience or reading, illustrate how one of these models - of your selection - will benefit your project compared to the other . A good knowledge management system will make it easy to find and reuse relevant information and resources across your business. • Increase efficiency. Interest and morale of the employee towards the work increases. The centralized organization has formal communication. Case Study Papers. Grooming members of your own team is usually cheaper than hiring from outside the firm. For example, while Chester Bernard favoured a leadership style having concern for people (participative) and production (authoritarian) Mr. Rensis Likert suggested democratic leadership for industry. Quick decision: Quick decision making is guaranteed because a single person decides for the whole group. This system provides ample opportunities for minute specialization to its maximum extent. This style of leadership is highly flexible. The matrix structure also allows for better interdepartmental communication and collaboration. Describe the leadership and management style outlined in the "Life-Friendly Managers" article. — When a company understands the importance of lean management and begins to implement the strategies, then a new way of thought begins to take over in the company. It restricts the initiative of certain workers. Need Answer Sheet of this Question paper, contact aravind.banakar@gmail.com www.mbacasestudyanswers.com ARAVIND - 09901366442 - 09902787224 . 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