Leadership and Management: Contemporary Issues and Trends Report
VerifiedAdded on 2023/01/06
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Report
AI Summary
This report provides a comprehensive overview of leadership and management, beginning with an introduction that clarifies the often-interchanged terms. It emphasizes that while leadership is a component of management, they are distinct but complementary. The main body delves into the definitions of leadership, differentiating it from management based on the works of authors like Warren Bennis. The report explores the distinctions between managers and leaders, focusing on their roles in directing, aligning, and managing relationships within an organization. It then examines the current leadership landscape, discussing various leadership styles like visionary, coaching, and democratic leadership, and provides examples of leaders employing these styles. The report also highlights the evolving role of management, emphasizing the need for adaptability and innovation in response to globalization and external environmental changes. It concludes by summarizing the evolution of both leadership and management, stressing their importance in achieving organizational goals, maximizing shareholder value, and increasing productivity and profitability. References to books and journals support the analysis.
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