Strategic Implementation and Control IIIB (MNG3702)
Other
MNG3702 ASSIGNMENT 2 SEMESTER 1 - 2024 (380800)
174 views 15 purchases
Course
Strategic Implementation and Control IIIB (MNG3702)
Institution
University Of South Africa (Unisa)
Book
Practising Strategy
MNG3702 ASSIGNMENT 2 SEMESTER 1 - 2024 (380800)
DUE DATE: 26 APRIL 2024
Question 1 (10 marks)
Modern organisations need effective and efficient leaders and managers.
Differentiate between the concepts leadership and management and identify three examples of the application of these concepts...
, QUESTION 1.
Modern organisations need effective and efficient leaders and managers.
Differentiate between the concepts leadership and management and identify three
examples of the application of these concepts at Netcare.
(10 marks, of which 4 marks will be awarded for the differentiation between leadership
and management, 3 marks for examples of the application of leadership and 3 marks for
examples of the application of management at Netcare)
Leadership can be defined as a process by which an individual influences his or her follower
or followers to achieve a common goal.
Management is the systematic coordination of planning, organizing, leading, and controlling
employees to achieve organizational goals. At its core, management involves setting the
overall strategic direction of the organization through formulation of strategies, allocation of
resources, and review of strategic success.
It will suffice if we state that managers deal with complexity in organisations and they
perform the planning, organising, and control functions to attain organisational goals in an
environment characterised by change.
Leaders, on the other hand, need to deal with change, stemming from business
environments characterised by major, ongoing changing factors and variables.
In the context of resource allocation, both leaders and managers are required, but are
emphasised differently.
Leadership, on the one hand, will have a strategic view and focus on the selection of the
right projects to ensure that the organisation’s strategic objectives are attained.
Management, on the other hand, will have a more operational view and focus more on the
processes for managing portfolios, programmes, and projects and on ensuring that the
projects are eventually absorbed into the business.
In essence, leadership is strategic, focused on the vision of the organisation and involves a
strong element of building trust and emotional engagement with followers.
Management, on the other hand, is operational, focused on goal achievement, and more
directive of those that are managed.
Stuvia customers have reviewed more than 700,000 summaries. This how you know that you are buying the best documents.
Quick and easy check-out
You can quickly pay through credit card or Stuvia-credit for the summaries. There is no membership needed.
Focus on what matters
Your fellow students write the study notes themselves, which is why the documents are always reliable and up-to-date. This ensures you quickly get to the core!
Frequently asked questions
What do I get when I buy this document?
You get a PDF, available immediately after your purchase. The purchased document is accessible anytime, anywhere and indefinitely through your profile.
Satisfaction guarantee: how does it work?
Our satisfaction guarantee ensures that you always find a study document that suits you well. You fill out a form, and our customer service team takes care of the rest.
Who am I buying these notes from?
Stuvia is a marketplace, so you are not buying this document from us, but from seller Masters. Stuvia facilitates payment to the seller.
Will I be stuck with a subscription?
No, you only buy these notes for $2.84. You're not tied to anything after your purchase.
