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Unit 4
Management Study
Contents covered:
 Duties and Responsibilities of
Manager
 Management Styles
Duties of a Manager
 Leadership of the team
 Set goals
 Maintain a safe work environment
 Maintain quality standards
 Administrative task
 Delegate tasks
Duties of a Manager
 Manage employees
 Hire and staff teams
 Train and develop
 Develop current employees
 Complete employee performance reviews
 Monitor the business’s finances
Responsibilities of a Manager
 Leadership responsibilities
 Communication responsibilities
 Project management responsibilities
 Employee development responsibilities
 Hiring responsibilities
 Administrative responsibilities
Management Style
 A management style is the way you work to
achieve the goals of a project, team or company.
 It includes how you interact with the team
members you oversee and other stakeholders,
plan projects, delegate work, set and measure
goals, and make decisions for the project and
team.
 Understanding your own or your boss’s management style can
help you communicate and work more effectively as a team.
Factors showing Management Styles :
 Interactions with coworkers, direct reports and direct
supervisors, as well as other project stakeholders
 Communication style—how do you give and receive
feedback? How do you relay and understand information?
 Decision-making steps, such as whether you get input from
coworkers or prefer introspection, and whether you commit to
decisions quickly or take a long time to decide
 Values and beliefs about work, leadership, productivity and
relationships
 Leadership traits, including the ability to inspire, direct, be a
visionary for a project and pay attention to details
1. Autocratic Management Style
Merits
 Fast decision-making
 No wavering on judgment
Demerits:
 Lack of diverse input into decisions
 Failure to inspire and motivate employees
 Little opportunity for employee development
and advancement
2. Democratic Management Style
Merits:
 Diversity of perspectives
 Strengthens a company’s ability to serve a broad
customer base
 Inspires and engages employees
 Improves innovation
Demerits:
 Slow decision-making
 Can lead to dead ends and stalemates that prevent
projects from moving forward
3. Laissez-faire Management Style
Hands-off approach to leadership that lets team members
work independently and make decisions for themselves.
Merits:
 Room for employees to be creative and innovative
 Encourages employees to strengthen leadership and
problem-solving skills
Demerits:
 Leaves employees feeling lost and unsupported
 Lack of direction for projects and teams
 No clear vision or objectives for employees to work toward
4. Bureaucratic Management Style
In Large Organizations - Managers work is subject to public scrutiny
Eg: Government organizations
Merits:
 Efficient and consistent decision-making
 Streamlined communication
 Clear expectations and standards for employees
 Clear processes, procedures and documentation for every project
Demerits:
 Unnecessary procedures and paperwork can slow projects or distract
employees
 Can foster an inequitable workplace
5. Servant leadership
A servant leadership style puts employees’ needs, growth and
professional development ahead of the needs of the manager,
company or project. It prioritizes team bonding and employee
well-being.
Merits:
 Employees feel heard and engaged
 Fosters team cohesion and care
 Accounts for diverse employee circumstances and needs
Demerits:
 Ignores project and business objectives
 Can lead to inefficiency and failed goals
 Goal-oriented employees might feel bored or unmotivated
6. Coaching Management Style
A coaching management style focuses on employee professional
development. It incorporates regular feedback, training and day-
to-day support to develop and hone employee skills and strengths.
Merits:
 Employee growth
 Balances business objectives with employee needs
Demerits:
 Requires significant time and resources
 Well-developed employees could regularly seek new roles or
leave the company
7. Charismatic Management Style
A charismatic management style relies on a leader’s personality
and energy to inspire, engage and motivate employees.
Merits:
 Inspires and motivates employees
 Fosters a positive attitude among a team
 Makes employees feel heard, seen and like
Demerits:
 Can foster toxic positivity
 Can burn out managers who aren’t naturally extroverted or
social
8. Transactional Management Style
It sets clear expectations and relies on the promise of a reward
to motivate employees.
Merits:
 Motivating for competitive employees
 Sets clear expectations for employees
 Strong documentation and communication of goals,
objectives and timelines
Demerits:
 Could be boring or discouraging for uncompetitive employees
9. Transformational Management Style
A transformational management style focuses on inspiring and
motivating employees to think outside of the box to raise the
bar, both to achieve business goals and reach their full
professional potential.
Merits:
 Makes a team and business adaptable to changing industry
needs
Demerits:
 Ever-changing milestones can demotivate employees
 Rapidly changing needs can lead to employee attrition
10. Situational management style
It is a mix of all of them. Management style is adapted to the
situation and team members’ needs.
Merits:
 Adapts to immediate needs and goals
 Serves a variety of employees and company goals
 Prepares a manager to oversee any type of team or project
Demerits:
 Might apply uneven standards to different team members
 Harder to automate and standardize practices for efficiency
and transferability

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Business Plan basics are explained in the same

  • 2. Contents covered:  Duties and Responsibilities of Manager  Management Styles
  • 3. Duties of a Manager  Leadership of the team  Set goals  Maintain a safe work environment  Maintain quality standards  Administrative task  Delegate tasks
  • 4. Duties of a Manager  Manage employees  Hire and staff teams  Train and develop  Develop current employees  Complete employee performance reviews  Monitor the business’s finances
  • 5. Responsibilities of a Manager  Leadership responsibilities  Communication responsibilities  Project management responsibilities  Employee development responsibilities  Hiring responsibilities  Administrative responsibilities
  • 6. Management Style  A management style is the way you work to achieve the goals of a project, team or company.  It includes how you interact with the team members you oversee and other stakeholders, plan projects, delegate work, set and measure goals, and make decisions for the project and team.
  • 7.  Understanding your own or your boss’s management style can help you communicate and work more effectively as a team. Factors showing Management Styles :  Interactions with coworkers, direct reports and direct supervisors, as well as other project stakeholders  Communication style—how do you give and receive feedback? How do you relay and understand information?  Decision-making steps, such as whether you get input from coworkers or prefer introspection, and whether you commit to decisions quickly or take a long time to decide  Values and beliefs about work, leadership, productivity and relationships  Leadership traits, including the ability to inspire, direct, be a visionary for a project and pay attention to details
  • 8. 1. Autocratic Management Style Merits  Fast decision-making  No wavering on judgment Demerits:  Lack of diverse input into decisions  Failure to inspire and motivate employees  Little opportunity for employee development and advancement
  • 9. 2. Democratic Management Style Merits:  Diversity of perspectives  Strengthens a company’s ability to serve a broad customer base  Inspires and engages employees  Improves innovation Demerits:  Slow decision-making  Can lead to dead ends and stalemates that prevent projects from moving forward
  • 10. 3. Laissez-faire Management Style Hands-off approach to leadership that lets team members work independently and make decisions for themselves. Merits:  Room for employees to be creative and innovative  Encourages employees to strengthen leadership and problem-solving skills Demerits:  Leaves employees feeling lost and unsupported  Lack of direction for projects and teams  No clear vision or objectives for employees to work toward
  • 11. 4. Bureaucratic Management Style In Large Organizations - Managers work is subject to public scrutiny Eg: Government organizations Merits:  Efficient and consistent decision-making  Streamlined communication  Clear expectations and standards for employees  Clear processes, procedures and documentation for every project Demerits:  Unnecessary procedures and paperwork can slow projects or distract employees  Can foster an inequitable workplace
  • 12. 5. Servant leadership A servant leadership style puts employees’ needs, growth and professional development ahead of the needs of the manager, company or project. It prioritizes team bonding and employee well-being. Merits:  Employees feel heard and engaged  Fosters team cohesion and care  Accounts for diverse employee circumstances and needs Demerits:  Ignores project and business objectives  Can lead to inefficiency and failed goals  Goal-oriented employees might feel bored or unmotivated
  • 13. 6. Coaching Management Style A coaching management style focuses on employee professional development. It incorporates regular feedback, training and day- to-day support to develop and hone employee skills and strengths. Merits:  Employee growth  Balances business objectives with employee needs Demerits:  Requires significant time and resources  Well-developed employees could regularly seek new roles or leave the company
  • 14. 7. Charismatic Management Style A charismatic management style relies on a leader’s personality and energy to inspire, engage and motivate employees. Merits:  Inspires and motivates employees  Fosters a positive attitude among a team  Makes employees feel heard, seen and like Demerits:  Can foster toxic positivity  Can burn out managers who aren’t naturally extroverted or social
  • 15. 8. Transactional Management Style It sets clear expectations and relies on the promise of a reward to motivate employees. Merits:  Motivating for competitive employees  Sets clear expectations for employees  Strong documentation and communication of goals, objectives and timelines Demerits:  Could be boring or discouraging for uncompetitive employees
  • 16. 9. Transformational Management Style A transformational management style focuses on inspiring and motivating employees to think outside of the box to raise the bar, both to achieve business goals and reach their full professional potential. Merits:  Makes a team and business adaptable to changing industry needs Demerits:  Ever-changing milestones can demotivate employees  Rapidly changing needs can lead to employee attrition
  • 17. 10. Situational management style It is a mix of all of them. Management style is adapted to the situation and team members’ needs. Merits:  Adapts to immediate needs and goals  Serves a variety of employees and company goals  Prepares a manager to oversee any type of team or project Demerits:  Might apply uneven standards to different team members  Harder to automate and standardize practices for efficiency and transferability