MGMT 1000 Chapter Notes -Microsoft Powerpoint

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2 Mar 2014
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Delegation and control within clearly defined boundaries managers give framework and employees fill it in. 8. 2: the basics: leadership in action: you need an honest knowledge of your strengths and limitations in order to lead others. Leadership is clearly important to organizations: people in leadership roles carry out functions that are indispensable, people value liberty, yet realize that collective activity requires leadership. Who leaders are: leadership occurs in many forms, but ultimately boils down to two capabilities: (1) selecting among alternative courses of actions, and (2) bringing and keeping other people on board. Formal leadership: people in positions of formal leadership have authority over others, administrators oversee operations whose objectives and methods are determined by others. But they make few, if any, decisions about the operation as a whole: managers spend a significant portion of their time supervising and evaluating the work of others and monitoring income and expenditures.

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