RSM100Y1 Study Guide - Final Guide: Kimberly-Clark, Walgreens, Abbott Laboratories
Document Summary
They prepare organization for change and help people cope as they struggle through it, has nothing to do with personality traits. The business world keeps changing and these people teach us how to cope and adapt to it. Leadership and management are two distinct ad complementary systems of action. Most us corporations are over managed and under led. Most successful corporations do(cid:374)"t (cid:449)ait for leaders to come along they actively seek people out with these traits. Strong leadership with weak management is no better. Companies ignore the fact that you (cid:272)a(cid:374)(cid:374)ot (cid:373)a(cid:374)age a(cid:374)d lead, that"s the real (cid:272)halle(cid:374)ge. Companies manage complexity first by managing and budgeting, setting targets and goals for the future. Leading ensures motivation and inspiration, keeping people moving in the right direction. Creates vision and strategies, how it constitutes the interests of the people who are involved in the company. Management planning and budgeting lo(cid:374)g ter(cid:373) pla(cid:374)(cid:374)i(cid:374)g (cid:374)e(cid:448)er (cid:449)orks out it does(cid:374)"t.
