Management

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

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

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

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

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

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

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

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

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