Leadership

• managers are the process through which company resources are used and decision made in order to mee objectives of the firm
• leaders is the ability to influence and direct people in order to meet goals of the group.
• Autocratic is when managers make decisions with little or no input from employees.
• Democratic allows employees to help in the decision making process.
• Laissez Faire is where employees can carry out activities and make decisions freely.
• Paternalistic is when the leader makes a right decision for the employees that they're responsible for.
• The 4 leadership styles are:

  • Autocratic
  • Democratic
  • Laissez Faire
  • Paternalistic
• Advantages of Autocratic:

  1. allows for quicker decision making.
  2. Works well in an environment where clear directive leadership is needed.
• Disadvantages of Autocratic:

  1. Can have a negative impact on employee motivation.
  2. Creates a culture of dependency.
• Advantages of Democratic:

  1. Employees are motivated because they feel values and listened to.
  2. Encourages employees to grow and develop into their roles.
• Disadvantages of Democratic:

  1. decision making may take time due to everyone needing to come to an agreement.
  2. Staff agender may be unreliable.
• Advantages of Laissez Faire:

  1. Suitable for creative environments.
  2. Encourages innovation and new ideas.
• Disadvantages of Laissez Faire:

  1. Lack of supervision may lead to poor productivity.
  2. Can be regarded as avoiding responsibility.
• Advantages of Paternalistic:

  1. loyalty from employees who feel protected and cared for.
  2. Effective where lots of low skilled who require guidance.
• Disadvantages of Paternalistic:

  1. Not using skills and knowledge of employees.
  2. If wrong decision is made, it can demotivate, so productivity will suffer.
• Characteristics of Leadership:

  • Respected/trusted by others
  • Innovators
  • Inspires others
  • Motivates
• Characteristics of Management:

  1. Monitoring/directing others
  2. official position of responsibility
  3. problem solver
  4. has employees