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Internal seminar Principles & Practice of Management Presented By: Vardhan jain B.Com (Hons) I st Year 13D244

Internal seminar principles & practice of management

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Page 1: Internal seminar principles & practice of management

Internal seminar Principles & Practice of Management

Presented By: Vardhan jain B.Com (Hons) Ist Year13D244

Page 2: Internal seminar principles & practice of management

Topic

Write short note on:(a)Limitation of control(b) Types of Leadership

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Limitation of Control

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Types of Leadership

There are three types of leadership are:

(i)Autocratic Leadership(ii)Democratic Leadership(iii)Laissez-faire

Leadership

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Autocratic Leadership An autocratic management style is one

where the manager makes decisions unilaterally, and without much regard for subordinates. As a result, decisions will reflect the opinions and personality of the manager, which in turn can project an image of a confident, well managed business. On the other hand, strong and competent subordinates may chafe because of limits on decision-making freedom, the organization will get limited initiatives from those "on the front lines", and turnover among the best subordinates will be higher

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Democratic Leadership In a democratic style, the manager allows the

employees to take part in decision-making: therefore everything is agreed upon by the majority. The communication is extensive in both directions (from employees to leaders and vice-versa). This style can be particularly useful when complex decisions need to be made that require a range of specialist skills: for example, when a new ICT system needs to be put in place, and the upper management of the business is computer-illiterate. From the overall business's point of view, job satisfaction and quality of work will improve, and participatory contributions from subordinates will be much higher. However, the decision-making process could be severely slowed down unless decision processes are streamlined. The need for consensus may avoid taking the 'best' decision for the business unless it is managed or limited.

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Laissez-faire Leadership

  Laissez-faire leadership, also known as delegative leadership, is a type of leadership style in which leaders are hands-off and allow group members to make the decisions. Researchers have found that this is generally the leadership style that leads to the lowest productivity among group members. 

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THANK YOU