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Approaches to Leadership and Management in a Global Context

This is the assessment brief for the Introduction to Business module, which requires a report with a word limit of 2,000 words. The assignment is worth 50% of the module grade and is due on 22 February 2019.

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Added on  2023-02-02

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This report explores the functional area and hierarchy of management in Giacom, the importance of communication to leadership and management, current drivers for globalization and their impact on business, and a comparison of two leadership or management styles. The study concludes by analyzing the best style for Giacom.

Approaches to Leadership and Management in a Global Context

This is the assessment brief for the Introduction to Business module, which requires a report with a word limit of 2,000 words. The assignment is worth 50% of the module grade and is due on 22 February 2019.

   Added on 2023-02-02

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APPROACHES TO
LEADERSHIP AND
MANAGEMENT IN A
GLOBAL CONTEXT
Approaches to Leadership and Management in a Global Context_1
Table of Contents
INTRODUCTION...........................................................................................................................1
1. Functional area of Giacom and its hierarchy of management.................................................1
2. Importance of communication to leadership and management...............................................2
3. Current drivers for globalisation and its impact on business..................................................3
4. Comparing and contrasting two leadership or management style..........................................5
CONCLUSION................................................................................................................................6
REFERENCES ...............................................................................................................................7
Approaches to Leadership and Management in a Global Context_2
INTRODUCTION
The report aims to describe the functional area of Giacom that is an Information
Technology organisation. The study will analyse the hierarchy management of the chosen
organisation. Importance of communication will be analyse to leadership and management and
along with it current drivers of globalisation and their impact on the business will be evaluated.
Lastly the report will compare and contrast leadership and management style and assess the best
style that suitable for Giacom.
1. Functional area of Giacom and its hierarchy of management
Functional area refers to the team of employees in the company who have similar
expertise and skills (Noe, Hollenbeck and Wright, 2017). The functional area of Giacom are;
Operation department, R&D, Support function, etc. Different functions of the company are
performed and controlled by various parts of Giacom. The key functional area of organisation
are;
Management
The primary objective of managers in Giacom is to supervise people and their
performance effectively. The functions of management are;
Planning- Managers of the company are responsible to set long term goals and plan accordingly
and they develop sort term strategies to execute against those goals.
Organising- The next function of management is to organise operations of business efficiently
that enable Giacom to utilize the available resources effectively (Baruch, Altman and Tung,
2016).
Controlling- Most of the time is consumed on controlling the activity within the organisation to
ensure that the business is on track to reach its goal.
Leading- Managers also plays the role of leader in the organisation. They are responsible to
leader the team through the new development of product or new process.
Accounting and Finance
Accounting and finance is lifeblood of Giacom since it takes care of all the money
matters. Without finance, any organisation will not be able to operate (Bratton and Gold, 2017).
There are two primarily responsibilities of accounting and finance; one that comes in the
1
Approaches to Leadership and Management in a Global Context_3

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