Leadership and Management
People often mistake leadership and management as the same thing but in essence, they are different. The main difference between the two is that leaders have people that follow them, while managers have people who simply work for them.
Particularly for a small business owner to be successful they need to be both a strong leader and manager to get their team on board with working towards their vision of success. Leadership is about getting people to comprehend and believe in the vision you set for the company and to work with you on achieving your goals, while management is more about administering and making sure the day-to-day activities are happening as they should.
Leadership and management must go hand in hand. They are not the same, but they are necessarily linked and complementary to one another. Any effort to separate the two within an organization is likely to cause more problems than it solves.
For any company to be successful, it needs management that can plan, organize and coordinate their staff, while inspiring and motivating them to perform to the best of their ability.
(Source: Advantage Human Resource (HRD press & Lakewood Publication)
Based on the scenario above, you are required to:-
- Select ONE organization and research any TWO (2) latest news and activities about the company and its leadership management practices.
- Examine how the interest of stakeholders were negatively affected in the perspective of leadership in management due to Covid-19 pandemic.
- Evaluate how “ethical” are the business practices in the company and support your justification by applying any of the TWO (2) leadership theories.
- Propose any FIVE (5) good and effective leadership practices that should be undertaken by the top management from the selected organization.