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Management Issues in a Global Business - Coursework Example

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The paper “Management Issues in a Global Business” concerns the leader's vocation. He must have a vision of the company’s development and understand what changes are needed to achieve its goals; as well he implements mentoring to help inexperienced employees better understand their work etc…
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Management Issues in a Global Business
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Download file to see previous pages Leadership is defined as the ability to influence a group of people towards the achievement of organizational goals. Basically, leadership is concerned with the vision of the organization while management is concerned with the practical implementation of that vision.
It should be noted that leading is a function of management hence the two are somehow related. A leader suggests change and a manager is there to implement and manage change (Buhler 2001). Another relationship between management and leadership is that a leader takes a leading role in developing and inspiring staff while the manager supervises staff. The aim would be the same, to achieve organizational goals. Leadership and management are related somehow though they are often regarded as the same. Against this background, this study seeks to critically analyze the functions of management and leadership in a bid to improve organizational effectiveness in global business. The study is divided into two parts as going to be discussed below.
During the contemporary period, it can be noted that globalization factors have created a situation organizations from different countries can establish a business in any country. Whilst globalization liberalized trade and encourages multinational companies to operate in different parts of the world, it can be noted that the management of any given organization has key functions to perform to improve organizational effectiveness. As noted in the above definition of management, it is primarily concerned with getting things done through people. Thus, effective management is tied to the organization’s overall performance and is mainly seen as a twofold process where managers seek to accomplish the task and satisfy the employees at the same time. ...Download file to see next pagesRead More
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