MAT 284 Study Guide - Midterm Guide: Sharing Economy, Employee Engagement, Chewing Gum

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Document Summary

Kotter reading: over managed but under led . People are taught how to manage but not actually how to lead: successful companies don"t wait for leaders to come along . Successful companies go out and find good leaders even though it may not be easy: strong leadership with weak management is worse . Lacking the capability to get it done. Strong willed, passionate leaders, but a mess in management aspect: major changes are more and more necessary to survive . Major change is hard to do, and people don"t like it/aren"t comfortable with it: changes such as the work environment. The 4 functions approach (planning, organizing, leading and controlling) Planning: planning is done by leadership, and you"re going to have to make a plan to organize your tasks , defining goals, establishing strategy, and developing plans to coordinate activities. Organizing: determining what needs to be done, how it will be done, and who is to do it.

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