Who are they: Informal leaders are those involved in leadership even though they have no official authority. For example, they do not hold official positions in company management. However, they have some power to influence those around
Management
Situational Leadership: How It Works, Types, Pros, Cons
What's it: Situational leadership emphasizes flexibility to adapt to tasks and teams. Leaders adapt their leadership style to the situation, depending on the task or goals being completed and the team being led. For example, they may be somewhat
Ethical Leadership: Its Importance and Principles
What's it: Ethical leadership emphasizes conformity to recognized norms and values. Leaders emphasize principles such as fairness, honesty, accountability, and trust. In addition, they promote these principles to followers through two-way
Paternalistic Leadership: Characteristics, Pros, Cons
What's it: Paternalistic leadership is a leadership approach in which the leader views subordinates as a family. Leaders expect subordinates to be loyal and obedient by controlling and protecting them. It is a fatherly approach, where the leader
Laissez-Faire Leadership: Characteristics, Pros, Cons
What's it: Laissez-faire leadership refers to a leadership style in which the leader gives subordinates broad freedom to make decisions, organize work and carry out tasks. Literally, laissez-faire means "let it do" or "let it
Leadership Style: What Is It? What are the types?
What's it: A leadership style is a person's approach to leadership to encourage people to move toward and achieve their goals. It is about how one behaves when leading subordinates. Style influences how to manage, provide direction, implement
What are the roles and functions of management according to Mintzberg and Fayol?
Management roles and functions are vital for a company. Managers determine not only the direction of the company but also how the company is operated. We may hear titles such as president director, vice president, senior manager, and assistant
Difference Between a Leader and a Manager, Here, The Details
The difference between a leader and a manager is in their focus. Leaders focus on creating a vision. Then, they inspire and encourage people to move there. Whereas managers focus on creating goals by controlling and directing people in the
Management Style: Importance, Type, When Appropriate Adopted
What's it: Management style is a manager's approach to managing resources to achieve goals. It includes how a manager organizes work, exercises authority, makes decisions, delegates authority, and manages his staff. The approach taken can vary
Democratic Leadership: Characteristics, Pros, Cons
What's it: Democratic leadership is an approach to leadership by promoting the participation of subordinates in the decision-making process. Leaders encourage subordinates to participate in making decisions about their work and work-related
Autocratic Leadership: Characteristics, Examples, Pros, Cons
What's it: Autocratic leadership is a leadership style in which decision-making is concentrated on the leader. Leaders prefer to solve problems and make decisions independently without or with little input from subordinates. This leadership
Management: Meaning, Five Main Functions
What's it: Management refers to a series of activities or functions to efficiently and effectively allocate and direct resources towards company goals. It includes planning, decision making, organizing, leading, and controlling. In this definition,
Your Guide to Understanding Leadership
Leadership and management are fundamental cornerstones of any thriving business. This in-depth guide will comprehensively explore leadership and management and delve into leadership styles, effective management practices, and their impact on business