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Unit 6 - Principles of Management Revision on exam topics

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  • January 8, 2023
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Revision
Unit 6 – Principles of management

,B
Management and
leadership styles
skills

,Name
of leadership What it is?
Leadership styles
style
Autocratic It is where one person controls all decisions and takes in very little inp

Democratic It is where more people are making decisions and have more of a role
process.
Charismatic Encourage behaviours in other ways of eloquent communication, pers
and force of personality.
Paternalistic It involves a dominant authority figure that acts as a matriarch or a pa
and treats their employees more like family then employees.
Laissez-Faire A group of people are making decisions and the leadership is a little la
back and are very hands-off.
Transactional
Focus of supervisions, organisations and group performance.

Transformationa A leadership that inspires and motivates employees to innovate and c
l change.

, Name of Advantages Disadvantages
leadership
style
Autocratic • High clarity on structure and • It creates a system
roles. dependence
• Quick decision making • Lack of flexibility
Democratic • It’s suited for almost any • It often leads to procrastinati
business • Indecisive
• Creativity is encouraged.
Charismatic • It is the leadership that create • I prevent new learning
an emotional appeal. opportunities from occurring.
• Decreases turnover rates • Disruptive
Paternalistic • Feedback is encouraged • There can be power struggle
• Loyalty and internal issues
• Difficult to manage
Laissez-faire • It encourages innovation and • It can encourage laziness
personal growth.
Transactional • Rewards and punishments are • Creativity is discouraged
clearly defined. • It limits innovation
• Straightforward
Transformationa • Promotes moral and reduces • Can be risky and disruptive.
l turnover costs.
• Promotes morale

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