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Management

Autocratic Leadership | Characteristics, Pros and Cons

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Autocratic Leadership

Autocratic leadership is a sort of leadership where one person makes a choice and others have to follow it. It is a management style where a single person decides based on his beliefs. There is very less involvement of other members from the group.

Auto means self, in Greek, and cratic refers to rule.

This type of leadership is mostly observed in businesses where there are fewer employees. Therefore, one member decides on behalf of the company. It is effective mostly when the company requires immediate decision-making. So the responsibility of decision and its outcome solely depends on the leader.

It is crucial in several workplace environments. This leadership is vital for companies that demand error-free outcomes. Although this style isn’t much known, it is widespread among organizations.

In this, we also observe that the group leader dictates. Also, he provides responsibilities to other members or employees, yet they do not get any recognition. Since reward and recognition are of utmost importance to boost morale.

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Adaptive Leadership | Characteristics, Pros, and Cons

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Precepts of Adaptive Leadership

A leadership style which was researched by Marty Linsky and Ron Heifetz is a framework of practical leadership that enhances people and company to become accustomed to change in the environment. And further, respond to the dilemmas effectively. It helps them to deal with considerable changes at an uncertain time.

Every company has ongoing problems. The leaders identify the systematic changes and deal with them. This adaptive leadership allows them to examine it accurately and then involves the entire company to deal with it. One can opt for this leadership when they find no easy solution.

Adaptive leaders formulate the strategies and practices to aid organizations and employees. They develop the capabilities which are required to compete in this challenging environment.

This adaptive leadership can be learned through specific training. For an adaptive leader, anyone from the organization can go ahead and take charge.

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Charismatic Leadership | Qualities and Benefits of Charismatic Leadership

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Charismatic Leadership

Charismatic leadership plays a significant role in motivating followers to get things done or improve. This is a method of energizing specific sense in others. This is attained by establishing eagerness in others to achieve a stated goal or vision.

This type of style believes in the persuasiveness and elegance of a leader. The leaders are also called “transformation leaders” at times as they share some common attributes. But the actual difference is the audience and focus.

When talking about a charismatic leader, Martin Luther King Jr. is always remembered. He had a dominant personality and a spirit which demanded change for the lives of numerous people. He was an influential orator who spoke for the change.

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Bureaucratic Leadership | Definition, Pros, and Cons

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Bureaucratic Leadership

Bureaucracy is one of the pillars of democracy. It is about governing societies with specific rules and regulations. The system is associated with controlling a country, company, or organization by providing several laws and rules which the members of it need to abide by.

As the term bureaucracy came into the world, several philosophers and thinkers began to examine it, which led them to introduce many definitions of bureaucracy.

Thinkers like Karl Marx and John Stuart Mill have evaluated the role of it as part of a functional society.

This is a management system that is utilized by large corporations still today. This leadership can have a massive impact if you have a highly regulated business environment. It is also very useful when used in companies that not require much creativity from members.

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Importance Of Non-verbal Communication

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Importance of Non-verbal Communication

Non-verbal communication is the conveying of information or message through signs, gestures, signals, body language, eye contact, glance, postures, hand movements and expressions without using actual words. As per the statistics revealed by several prominent journals more than half of the communication is non-verbal in nature. The best thing about such wordless communication tactics is that generally, the emotions are true and not fake.

Communication is a desired skill no doubt but people are always on the look-out for non-verbal communication during an interaction. This is because there is a strong belief that your words can lie but it is difficult to do so with eyes, gestures etc because their movement is unconscious and in most cases not deliberate like a lie or half-truth. Non-verbal communication is all about sharing cues between people so that an individual can interpret the expressions, mannerisms and physical behaviour instinctively to determine the actual truth behind the words.

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The Importance Of Advertising

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Importance of Advertising

Advertising is defined as a non-personal promotion or presentation of ideas, services or products by an identified sponsor through paid announcements. It is a message that informs people about a specific product or service so that they are influenced enough to pay for it. Advertising is an important technique of communication that is beneficial to customers, salesman, business organizations as well as society. The advertisement expenses are considered a profitable investment and this is why every business organization is happy to bear it no matter the cost.

Advertising is considered one of the most effective weapons as it has the ability to influence a person’s mindset in a constructive manner and gain wide exposure.  There have been cases when a particular advertisement has failed to create a mark or is associated with negative outcome but these cases are very far and few. Advertising is about collecting and using important information about the customers and competitors to gain a competitive advantage in the consumer market.

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The Importance Of Teamwork

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Importance of Teamwork

Teamwork means collaboration and a sense of unity. It is the enthusiasm that encourages people to work together for their common responsibilities and interests. Teamwork is considered essential in accomplishing the overall objectives and goals of a company. It bonds team members and motivates them to rely on each other so as to complete tasks, meet deadlines and implement new and innovative ideas.

Teamwork has become crucial to enable smooth movement because it can easily remove constraints, encourage multi-disciplinary work, foster responsibility and felicitate ownership amongst the members. It actually promotes camaraderie and a sense of achievement so that individual strength changes into a team coalition. When people are part of a team there is an increase in the level of effort, energy, and creativity that often results in high levels of efficiency and productivity.

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Balanced Scorecard – Benefits and Four Perspectives

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Balanced Scorecard

Strategic planning is an essential activity in any organization. It sets priorities, supports the operations, focuses on resources, and ensures that all the stakeholders and employees work towards a common goal. To follow up with the strategic planning and performance management framework, a balanced scorecard (BSC) is used. It provides an easy platform to track financial and non-financial measures to find out the organization’s success and when remedial actions are required.

The balanced scorecard is used by government, business, and non-profits that would bring into line the various daily activities. The financial and non-financial measures are tracked using a balance scorecard to regulate the degree of the company’s growth and success and the time to execute the remedial actions if required.

The balanced scorecard is a popular management tool especially made use in the United States, Northern Europe, UK, and Japan. Organizations that look forward to a consistent performance gets more benefit out of it.  A Balance scorecard requires a good effort to implement and provides and effective outcomes. To make it successful, an organization must have the required skilled resources to make the balances scorecard a great success.

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Importance Of Human Resource Management

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Importance of Human Resource Management

Human resource management is a development-oriented approach that puts its onus on maintenance, utilization, development, and acquisition of human resources. It has been able to create a niche place for itself in an organization because it helps in the management to deal with some very serious issues related to recruitment, training, benefits, wellness, safety, organizational development, workplace communication, performance management, employee motivation, and compensation, etc.

Human resource management has a strategic role to play in accomplishing the objectives of the organization.  It flows from the values, vision, mission, and goals of an organization and the best part are that it has been able to create a balanced work environment that works in favor of both employees as well as the organization. This is the reason why companies are either creating a viable department in their own organization or outsourcing the services from human resource recruitment companies.

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Importance Of Technology

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Importance of Technology

Technological advancements and innovations have played an important role in the lives of human beings. It is a tool that has helped the world in functioning efficiently. Technology has improved lives by saving time and effort and making sure that operations are running in a smooth manner.

Technology is the use of new techniques, systems, and tools to make the work more productive. It puts its onus on making things happen so that the standard of living can be enhanced. The best thing about technology is that it is easy to use and this is why people do not hesitate to integrate it into their lives as well as business.

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