Management

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MANAGEMENT

PRINCIPLES AND PRACTICES OF
MANAGEMENT
Every managers has certain
responsibility to fulfil which has
defined authority with it. A
manger is responsible for
delegating responsibility to
subordinates with appropriate
authority to carry out work
processes in n efficient manner.
Responsibility is followed by
authority in management context
and effective allocation of both is
responsible for attaining and
accomplishing goals.

SIMILARITIES AND DIFFERENCES
Similarities
All three leadership styles are similar to each other in
ways of operations and working. The all need to report
to top level management on daily basis.
Differences
The autocratic managers take decisions themselves
irrespective of any consultation form team members or
others. Democratic type of leaders take an active part in
the decision making process by carefully meeting
standards. Laissez-faire type of management style of
managers take less initiative in decision making process
and leaves everything on teams.

REVIEWING OWN POTENTIAL AS A
PROSPECTIVE MANAGER
Strengths
 Decision making and communication are my strong
strengths
 I could motivate and encourage employees to perform
better.
Weaknesses
 Losing temper is my biggest weakness which hamper
decision making at times.
 I'm at times afraid of public speaking and that makes me
nervous.

Opportunities
 The growing demand of hotels has huge potential for
effective management style which I possess.
 Various skills and talents could be learned and
implemented
Threats
 Competition from other firms in the hospitality industry
and turnover of employees are the major threats faced
by Hotel industry.

VARIOUS MANAGERIAL SKILLS
WITHIN A BUSINESS AND SERVICES
CONTEXT
The Maslow's motivation theory needs to be accompanied
in order to lead team in the positive manner especially in
times of recession. The basic needs of em,employees needs
to be fulfilled in an efficient manner which motivates
employees to work. The Psychological needs are fulfilled
simultaneously through rendering work processes. Lastly
self-actualisation need comes with time and mangers needs
to tackle those needs of employees.

CONCLUSION
The general manger of a hospitality concern is
responsible for taking those decisions which
motivate employees and boost their morale. Also
various communication skills needs to be developed
and proper check needs to be kept on information
passing around both formal and informal.

REFERENCES
Schot, J. and Geels, F. W., 2008. Strategic niche
management and sustainable innovation journeys: theory,
findings, research agenda, and policy. Technology
analysis & strategic management. 20(5). pp.537-554.
Tripathi, C. P., 2008. Principles Of Management. Tata
McGraw-Hill Education.
Management Concepts and Organizational Behaviour.
2018. [Online]. Available through:
<http://www.ddegjust.ac.in/studymaterial/mcom/mc-
101.pdf>

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