Leadership and Management: Decision Making, Leadership Styles, and Performance Management

Leadership and
Management

Table of Contents
Table of Contents.............................................................................................................................2
Introduction......................................................................................................................................3
Decision making..............................................................................................................................3
1.1...........................................................................................................................................3
1.2...........................................................................................................................................3
1.3...........................................................................................................................................4
1.4...........................................................................................................................................4
1.5...........................................................................................................................................4
1.6...........................................................................................................................................4
Leadership styles..............................................................................................................................5
2.2...........................................................................................................................................5
Motivation theories..........................................................................................................................5
2.3...........................................................................................................................................5
Roles and functions of management................................................................................................6
3.1...........................................................................................................................................6
Roles and functions of management................................................................................................7
3.2...........................................................................................................................................7
Management and leadership theories...............................................................................................7
3.4 & 3.5.................................................................................................................................7
Performance management................................................................................................................8
4.1, 4.3 & 3.3..........................................................................................................................8
4.2, 4.6 & 3.6..........................................................................................................................9
4.4...........................................................................................................................................9
Management information system.....................................................................................................9
4.5...........................................................................................................................................9

Conclusion.....................................................................................................................................10
References......................................................................................................................................11

Introduction
In order to make a business successful it is important that the management and leadership
skills of the owner of business are efficient which can help in effective decision making so that
the success of business in market can be increased. It is also important that the employees of
company are kept motivated so that they can use their skills and abilities in an efficient manner
and help in achieving company objectives in an efficient manner (Bhanot, 2018). Performance
management also plays an important role in improving the performance of workers so that they
can help in maximising the productivity of company. In this report the importance of effective
decision making, leadership styles and model, performance management etc. are discussed so
that in various situations a business can continue to successfully exist in the market will be
discussed.
Decision making
1.1
While making business decisions it is important that the goals that are to be achieved along
with the scope and success criteria are predetermined as this can help in making effective
decisions that can help in achieving the desired objectives on time. Manuel first defined the
objectives, scope and success criteria for the restaurant he wishes to open which helped him in
making decision regarding location of the restaurant and target customers. It also helped him in
assessing the cost benefit analysis so that the decision regarding purchasing a space for restaurant
or leasing the space could be made (Bush, 2019). By analysing the objectives, scope and success
criteria Manuel made the decision of leasing a building in an old trendy area of the city which is
undergoing urban renewal which can help him in attracting urban professionals to the restaurant.
1.2
It is important that the potential impact of decisions made are analysed which can help in
selecting the best alternative available so that the profits can be maximised. Manuel gave
importance to analysing the potential impact of decision making which helped him in
maximising his cost benefit analysis so that decision regarding the location of restaurant and
target market could be effectively made by him. He was also able to determine if purchasing a
space for restaurant or leasing the space will be a good idea for starting a new restaurant. This