Introduction to Management and Business

  What do we learn? a.      What is the nature and importance of control? Ø   Controlling : the process of monitoring, comparing, and correcting work performance. Ø   Why controlling is important? ·          Planning : controls let managers know whether their goals and plans are on target and what future actions to take. ( Planning can be done) ·          Empowering employees : control systems provide managers with information and feedback on employee performance. ( Employees motivated through effective leadership) ·          Protecting the workplace : controls enhance physical security and help minimize workplace disruptions. ( An organizational structure created to facilitate efficient achievement of goals) b.     Steps in the control process. Ø   Control process : a three-step process of ...

What do we learn? a.      What is leader and leadership? Ø   Leader : someone who can influence others and who has managerial authority. Ø   Leadership : a process of influencing a group to achieve goals. b.     Early theory of leadership. Ø   The early leadership theory focused on: 1.       Leadership trait theories (leader): o    Identify certain traits that all leaders have. o    Some of the traits includes physical stature, appearance, social class, emotional stability, fluency of speech, and sociability. 2.       Leadership behaviour theories: o    Behavioural theories: theories that identify behaviours that differentiated effective leaders from ineffective leaders. o    4 main leader behaviour studies: 1.       University of Iowa studies: o    3 leadership styles: § ...