Orgman - leading and managing

• Sole Proprietorship

  • A business that only one individual owns.
  • Simplest and least costly form ofownership.Example:grocery store, repair shop, beauty parlor.
• Partnership

  A type of

  business that two or more individuals own.

  • The profit of the business is divided among the partners.
  • Two MainTypes: GeneralPartnership &LimitedPartnership.
• Corporation

  A business organization with unlimited commercial life.

  • Incorporators refer to those who originally formed the corporation.
  • Evidenced by articles & bylaws approved by the SEC.
• Managing is the administration of organizations, whether they are a business or organization.
• Leading

  is motivating and influencing the behavior of people

  to achieve

  organizational objectives.
• "Management is a process by which a cooperative group directs towards common goals."

  By: Joseph Masse
• "Leadership is not about titles, positions, or flowcharts. it is all about one life influencing another."

  By: John C. Maxwell
• Leadership is the ability of an individual to influence, motivate, and enable others to contribute to the organization's success.
• Management is to control a group or group of individuals in order to achieve a specified objective.
• Leading

  Vision & strategy

  Creating value

  Influence & inspiration

  Have followers

  Leading people

  People focused

  Charismatic style

  Risk & change seekers

  Appeal to the heart

  Proactive

  Sets direction

  Raising expectations

  Ask questions
• Managing

  Policies & procedures

  Counting value

  Power & control

  Have subordinates

  Managing work

  Work focused

  Authoritarian style

  Risk averse & stability

  Appeal to the head

  Reactive

  Plans detail

  Maintain status quo

  Give directions
• Leading & Managing

  Accomplish a goal

  Explain vision

  Organization figureheads

  Motivate others

  Mobilize resources
• AUTOCRATIC LEADERSHIP

  Make decisions alone without consulting team members. This is helpful in quick decision-making however, this form of leadership can demoralize team members.
• DEMOCRATIC LEADERSHIP

  These leaders ensure that the team members have high productivity as well as job satisfaction.
• STRATEGIC LEADERSHIP

  Maintain the upper-level management but ensure that everyone else is not negatively affected by it.
• BUREAUCRATIC LEADERSHIP

  The leaders are committed to their rules and want to get things done in a particular order and manner.
• LAISSEZ-FAIRE LEADERSHIP

  The French term "Laissez-Faire" means that the leader lets the team do it. (interpreted as zero delegation or zero leadership
• TRANSFORMATIONAL LEADERSHIP

  This type of leadership always follows the concept of transformation. The team members get the chance of letting their creativity flow.
• CHARISMATIC LEADERSHIP

  Motivating and inspiring your team remains the primary goal of you as the leader. However, there is no transformation in this process.
• TRANSACTIONAL LEADERSHIP

  The leaders and followers transact rewards and punishments for the tasks performed. For the goals set and accomplished, the leader rewards the team members.
• COACH-STYLE LEADERSHIP

  This type of leadership identifies and nurtures the strengths of each of the members for better teamwork and better strategy building.
• SERVANT LEADERSHIP

  The leader gains their position due to their ideals, ethics, and values and holds high integrity and generosity.