...The traditional and online retailer is two different markets to sell in. The traditional retailer has much more things to take care off than the online retailer. The main factor that I have found have made it my biggest issue is that the traditional retailer is focus in the local audience. The traditional retailer is established mainly in a particular location and the way to expand is by opening more stores around the world to capture more people and increase the sales. The traditional retailer has high costs of store operation. This means personnel, rent, utilities and all permits needed to operate a standard store. The compliances needed or better say the required compliances of a store exceed the cost that have to be absorbed in the merchandise price making the merchandise even more expensive and that causes sales to drop and lower amount of clients. The online retailer is the best way to sell these days. It has its disadvantages but is definitely a choice I would take for my future use. There are no boundaries. You can grow your business as much as you want and the buyers are basically anyone who holds a computer. There are different challenges for each type of retailer. I think that both have advantages and disadvantages but many similarities. The best advantage for a traditional retailer is that people can see the merchandise personally and can try it out at the store and don’t have to buy blind by just looking at a picture like the online retailer buyer has to do...
Words: 458 - Pages: 2
... TERM PAPER Leadership for Diversity Management in Multinational Organizations Spring 2008 Introduction The objective of this paper is to emphasize the role of a leader in solving issues related to diversity management that challenge multinational organizations in the era of globalization. Shehata (2004) defines globalization as an increasing interconnectedness that involves “deepened and accelerated movement of information, capital, and people across the planet” (para. 6). The globalization process has been occurring for a number of centuries but its unprecedented growth in the twenty first century is altering the global economy and causing tremendous changes in the management and conduct of business and organizations. Globalization requires multinational organizations to eliminate borders and barriers of trade between nations resulting in a shift in traditional patterns of investment, production, distribution and trade. Due to elimination of geographical boundaries, multinational organizations face some unique cross-cultural people management challenges that can be addressed by effective diversity management initiatives. In this paper, I will present solutions to such unique issues from a hypothetical leader’s perspective. In the first section of the paper, I will explain the concept of diversity management through a thorough literature review, and propose an effective leadership style that can help to reinforce the affirmative...
Words: 6979 - Pages: 28
...Explain How Social, Political and Economic Forces Have Influenced Organization and the Practice of Management Basic Leadership Principles Colonel Royal Mortenson Colonel United States Marie Corps 1. Be a good person, a person of character and strength, and you will always be a good firefighter. 2. Never be afraid to take a moral or ethical stand on something you believe in your gut to be right. Stand up and be counted. 3. Someone has to lead, in the absence of authority---take Charge. 4. “Band of brothers” is not just a line from Shakespeare’s Henry the V. We are a “Band of brothers,” so, like a brother, never turn your back on a fellow firefighter. 5. Always strive to be tactically and technically proficient in all you do. The price of anything less is far too costly. Our environment is uncertain and lethal. Never let it be said that you lost a man or a woman because you failed to do your homework. 6. I will listen to and help any person, anytime. I expect my subordinate leaders to do the same; however, every member of our team must reach out and grab the “offered hand.” 7. Everything I do must prepare myself and my team for mission success and survival. Our enemies must understand that they have but two choices---“make peace or die.” 8. Take care of our families. Stress at home tears at the fiber of our organization. 9. I will hold myself accountable for all I do and don’t do. I will hold others accountable for their actions commensurate...
Words: 340 - Pages: 2
...Leadership vs. Management Laura Rouse-DeVore The relationship between Leadership and Management is, perhaps, one of the most impactful and significant relationships that exists in organizations currently. The intersection and overlap of management and leadership, in addition to the polarity between the two are ideas that have been studied for many years. One certainty is that management and leadership go hand-in-hand. (What is the difference between Management and Leadership?, n.d.) (Cox and Miner, 2013) What is Management? Defining management as a term is an essential step to establishing how management and leadership relate to each other. Management involves the direction of a group of employees or individual towards the achievement of certain outcomes and specified performance indicators. Management is centered around results and the structures, processes, and principles employed for that group to meet those goals and achieve the desired results. Management utilizes formal hierarchial structure and positions of authority to establish power in the group. (Leadership vs. Management, n.d.) The Composition of Leadership Although the terms, “management” and “leadership”...
Words: 934 - Pages: 4
...: Leadership and Management Leadership and Management 1. Introduction The origins of management can be traced back to the age of mediaeval mercantilism or even earlier, yet the nature of business management as an applied science only really developed in the last century. In the modern context, business management is limited to one component of the economic system, namely the individual organization, whether it be a private business, a government corporation or, to a lesser extent, a non-profit seeking organization. Contemporary society consists of diverse organizations, including business enterprises, schools, hospitals, sport clubs, churches and political parties that contribute to the functioning of the community. The profitable performance of these organizations is dependent on attaining pre-designed objectives and to make its services as productive and efficient as possible. However, organizations do not achieve their objectives automatically. In addition to the human resources, physical resources and special know-how in a business organization, there is still one element that is necessary to direct all these resources and activities effectively towards the goals of the enterprise. That indispensable element is management and without it, no purposeful action is possible. The question that is raised within this context of traditional and contemporary views of leadership is how does this aspect coincide and interact with the practical ideals...
Words: 3453 - Pages: 14
...Unit 1: Strategic Management and Leadership Muhammad Salman Saleem 2015 CONTENTS Acknowledgement: 1 Research Methodology: 3 Task number 01 5 1.1 5 Link between strategic management and leadership is following: 5 1.2 6 Management and leadership styles impact on the strategic management: 6 For instance there are different leadership styles useful in different situations which are following; 6 1.3 7 Evaluation of leadership styles used in different situations: 7 Task number 02 8 2.1 8 Impacts of management and leadership theories on organization strategy: 8 2.2 9 Creating the leadership strategy that will support the organization structure: 9 Task number 03 11 3.1 11 Methods to review the leadership styles: 11 3.2 12 Plan for the development of future situations requiring leadership: 12 Task number 04 13 4.1 13 Plan the development of leadership skills for a specific requirement: 13 4.2 14 Methods use to plan the development of the leadership skills and their usefulness for the organization: 14 References: 15 1.1: LINK BETWEEN STRATEGIC MANAGEMENT AND LEADERSHIP IS FOLLOWING: Leadership is a skill which will involve motivating people towards the achievement of goals through a proper and positive way. This will involve to influence and inspire people and follow their leader so that they will act in his directions. (investopedia, n.d.). While Strategic management is concern with making, implementing and evaluating different decisions regarding...
Words: 4025 - Pages: 17
...Learning leadership from management In the process of learning leadership, I have a very confusing define of leadership. The book defines leadership as social influence. But why do we learn social influence in MBA program. I have read some books about leadership, but none of them actually told me what leadership is. All the books cover what leaders do. It is relatively unhelpful because they didn’t tell me what leadership really is. The best way to be a good car mechanic is not to learn what other mechanics do, but study what cars are. So I connect leadership with management. I would like to study the role of leadership in Management. Management is the spirit of business process. The purpose of good management is to make plan, strategic and setting short-term goals, organize the resources of the company, control the daily operation and delegate to employees, lead the market. Management has so many aspects that leadership is also one of its parts. What’s the difference between leadership and management? What’s more important to an organization? The very thing that most people believe is that leadership and management are not the same things. * "To manage means to bring about, to accomplish, to have charge of or responsibility for, to conduct." * "Leading is influencing, guiding in a direction, course, action, opinion. The distinction is crucial." -Warren Bennis Warren Bennis is one of the nation's foremost authorities on leadership. He described the difference between...
Words: 1176 - Pages: 5
...JOURNAL ON EDUCATIONAL MANAGEMENT JOURNAL ON EDUCATIONAL MANAGEMENT DR. ELSA E. GUMIRAN PROFESSOR DR. ELSA E. GUMIRAN PROFESSOR MELISSA F. PANAGA M.A ED. STUDENT MELISSA F. PANAGA M.A ED. STUDENT THEORIES OF EDUCATIONAL MANAGEMENT INTRODUCTION: Education is the key to change the traditional way of living and to open the gate of modern way of life. As a result, the management of educational organization is regarded as one of the most important management angles in the society. Educational management, according to researcher Tony Bush argues that education management has to be concerned with the purpose or aims of education. These objectives or aims serve to provide a crucial sense of direction in managing educational institutions. At the heart of education management is the process of deciding on the goals and objectives of the educational institution. In some schools, universities and colleges, it is the principal or the president, whichever is the title of the organization’s highest official that decides these goals and objectives. Often, this is done with the help of the principal or president’s senior colleagues and even the school board or its stakeholders, in the case of a private corporation. However, in many educational institutions, education management with respect to goal setting is a corporate activity done by formal bodies or informal groups or individuals. The other...
Words: 4097 - Pages: 17
...Examining the effect of leadership behavior and organizational culture on knowledge management Introduction: From 1993 knowledge was an important economic resources and to gain the competitive advantage organization should have emphasis on knowledge. Now a day its knowledge based economy in which knowledge based organizations have focus on the process of knowledge management which is knowledge creation, knowledge acquiring/learning, knowledge sharing and knowledge transferring. Organizational knowledge has two types tacit and explicit knowledge. Tacit knowledge basically subjective and experiential based which cannot be express in words while explicit knowledge based on objective and rational knowledge which can be express in words. According to Maggie Haines, NHS Acting Director of KM “Knowledge management is a process that emphasizes generating, capturing and sharing information know how and integrating these into business practices and decision making for greater organizational benefit.” Leaders play important and significant role in developing and maintenance the culture in an organization. An effective leader should be have understanding of organizational culture so that they can implement knowledge management effectively (S.K. Sharma & A. Sharma, 2010). Organizational culture means believe and value structure in an organization. We have taken two approaches of leadership; transformational and transactional leadership behavior. Problem statement: In developing...
Words: 2324 - Pages: 10
...Contents Introduction 2 Strategic management and leadership: 2 Links between Strategic Management and Leadership 3 Management Strategy and leadership in BlackBerry: 4 Analyzing the impact of management and leadership styles on strategic decisions in the organization in BlackBerry 5 Evaluation of how leadership style can adapted to different situations in McDonalds. 6 The impact that selected theories of management and leadership have on organizational strategy 7 Creating a leadership strategy that supports organizational direction: 9 Appropriate methods to review current leadership requirements in BlackBerry: 11 Planning for the development of future situations requiring leadership in BlackBerry: 13 Planning the development of leadership skills for a specific requirement 14 The usefulness of the methods used to plan the development of leadership skills 16 Conclusion and recommendation: 17 References: 18 Introduction BlackBerry is a renowned company in the marker which has made a 3% of total mobile device sales among the all companies worldwide in the year 2011. BlackBerry was at that time one of the most popular device maker and holds its position in sixth (among the devices the 25% of mobile device sales are smartphones). The BlackBerry Internet Service to the consumer is one of the most powerful services which are available in 91 countries worldwide. At September 2012 BlackBerry made eighty million subscribers worldwide which is a very appreciable...
Words: 4299 - Pages: 18
...| Organizations and Behavior | A Theoretical Perspective | Muhammad Ariful Islam 01-Aug-12 | Contents Introduction 3 1. Understanding of Different Approaches to Management and Leadership 3 1.1 Comparison of Effectiveness of different leadership styles in different organizations 3 1.1.1 Autocratic Leadership Style 3 1.1.2 Democratic or Participative Leadership Style 4 1.1.3 Free Rein Leadership Style 4 Table: 1 5 1. 2 The Best Suited Leadership Style in this Scenario 5 1. 3. How Organisational Theory Supports the Practice of Management 5 1.3.1 Classical Theory 5 1.3.2 Neoclassical Theory 6 1.3.3 Contemporary Theory 6 1.4. An Evaluation of Different Approaches to Management Used by Different Organizations 6 1.5. Organisations that Adopt Different Approaches of Management 8 2. Understanding of the Ways of Using Motivational Theories in Organisations 8 2.1 The Impact of Different Leadership Style on Motivation in the Periods of Organizational Change 8 2.2 An Effective Leadership Style Can Help to Achieve Organisational Objectives 8 2.3 Comparison of the Application of Different Motivational Theories within the Workplace 9 2.4 ‘Motivation can Increase Employee’s Performance’- A Justification with Argument 9 2.5 The Usefulness of a Motivation Theory for Managers 9 3. Understanding of the Mechanisms for Developing Effective Teamwork in Organisations 10 3.1 The Nature of Groups and Group Behaviour Within Organisations 10 ...
Words: 3727 - Pages: 15
...Relationship between Leading and Managing : Introduction : Leadership is all about creating a vision and strategy to achieve it keeping eye on the end results by employing shared values and culture. More inclined towards facilitating and motivating people by playing role of a mentor or a coach more on personal power. Need to be open-minded, possess good listening skills and emotional connectives. In other terms leadership could be defined as influencing a group of people towards achievement of a vision or certain objectives. It’s not that leaders are those who are being formally appointed they can even emerge from within groups in an organization. On the other hand management is all about drawing formal plans, designing organizational structures, monitoring results against plans and taking corrective actions to bring consistency and order. Managers are more focused towards accomplishment of objectives by involving themselves in Organizing, Staffing, Directing and Controlling. Leadership is more inclined towards risk mitigation, change management and ensuring commitment from the stakeholders of the organization on the other side management is all about order, predictability and compliance from others involved. While leaders challenge the system and look for a change, managers always try to defend and preserve the system. Leadership is all about long term vision but whereas management involves being logical, rational, having short term priorities and measurable goals. Leaders empower...
Words: 964 - Pages: 4
...Management and Leadership [Name of the Writer] [Name of the Institution] Management and Leadership Introduction Management is a way of getting things done with the help of people to achieve a certain goal or target by utilizing all the available resources proficiently. Management has four major functions include planning organizing leading controlling. Bateman, (T. S, Snell, S. (2004).Every function has its own importance. All functions are used in organization to achieve a certain level of target. By using and managing financial, human and technological resources efficiently organization can achieve desired level of output. Leadership is a process of getting things done through people. By influencing them to achieve desired criteria. Leadership is defining a target and direction for organizational members and motivating them to achieve those targets by following the defined direction. Leadership means that person is taking responsibility to make things better and achieve a goal with the help of team work.( www.trainingbuz.com) Discussion Planning: This function of management deals with the decision making process about the goals and targets which are set by the organization need to achieve and it elaborate the strategy of organization by designing the actions for achieving the desired goals. Planning also helps in designing the future paths of organization. It helps in the anticipation of future. Organizing This management function deals...
Words: 915 - Pages: 4
...The relationship between leadership and management is a question that has puzzled many for as long as people have worked together. How do the two concepts relate, how are they different. Are leadership and management dependent or are they independent activities. Leadership and management are concepts that many use interchangeable but too often these concepts are misunderstood at the highest levels of an organization. This misunderstanding leads to confusion, consternation and sometimes dissension within an organization. I will look at the concepts of leadership and management and examine how other writes understand the relationship these two concepts hold. "If there is a clear distinction between the processes of managing and the process of leading it is between getting others to do - managing - and getting others to want to do - leading." (Kouzes, & Posner, 2008) Managers are given a responsibility to perform certain tasks. They are given resources to accomplish their assignments and are expected to perform within a timeframe. In many cases one resource a manager must deploy are personnel. When a manager is in charge of a group of people we have a tendency to call him a leader. Under the definition Kouzes and Posner have put forth a manager is not a leader. In the process of deploying human resources a manager will give assignments, set deadlines and establish job descriptions for each individual. The manager does not set the vision for the organization. The manager does not...
Words: 1378 - Pages: 6
...Dynamics of Leadership and Management Tanya Y. Baker University of Phoenix Mgt 330 Management: Theory, Practice, and Application Greg Czarnecki December 2, 2008 The Dynamics of Leadership and Management The words leadership and management have been used by some people synonymously for decades. The two words have very different meanings and play two very different roles within the structure of an organization. Although the most successful management teams have great leadership, some management teams lack leadership at all. Management is merely the positions within organizations that set goals and expectations for its members to achieve. Leadership is the way in which management will motivate its members to achieve those goals and expectations. Management is the place in the organizational structure that affords a person the ability to lead. Leaders are the people who are able to efficiently and effectively achieve the goals of the organization by motivating its members. In order to better understand what the roles and responsibilities of great leaders are, we must first know what a leader’s role is; according to Bateman & Snell (2009) “a leader is one who influences others to attain the goals of the organization.” Leaders are responsible for motivating their members to achieve the desired goals. Historically, just getting your employees to come to work and do the job that they were paid to do was considered leadership. As time and competition evolved management realized that...
Words: 1837 - Pages: 8
