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Management styles - Coggle Diagram
Management styles
Six key fundamental managerial philosophies
Consideration, respect, trust
Most people respond according to the way they're treated.
Recognition and credit
Let people
know you acknowledge good work.
Involvement and availability
The key feature of this is not to give the impression to staff that you don't trust them, that you're supervising their work
Sense of justice
Treat people fairly, but according to merit.
positive actions on an individual basis
Criticise people in private, on an individual basis.
emphasis on end results
place emphasis on not time-keeping, but the level of performance actually achieved
Styles of management
Authoritarian
Top-down approach
Consensual
Believes in consulting, mentoring
Hands-off
Delegates everything
Management style may reflect the company culture
bureaucratic decision-making process or decentralized company
Who is the leader?
The army as an accessible example of leadership
Develop leadership skills
Inborn feature
Main characteristics
drive
dynamism
energy
vision
motivation
being trustworthy
ability to delegate responsibility
encourage employees to use their own initiative
empowerment
the problem is retaining control of your operations, and keeping those operations profitable
issue of company ownership
Management by consensus
decisions arrived at in a process of consultation
Asian countries
Coaching
Mentoring
factors influence the managerial function
ability to manage in an increasingly competitive, volatile, changing business environment
Example: BRICS nations
ability to manage with an increasing rate of technical change
Example: ICT
Leadership in business
Difference between leadership and management
Leaders
Big picture, changes, motivating, head of team
Managers
details, stability, supervising, team working
Eight characteristics
Vision
Motivation
Emotional intelligence
Empowering
being trustworthy
Taking risks and managing changes
Focus and follow-through
Sense of humor