Leadership (Edexcel A-Level Business): Flashcards

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Leadership
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Managers vs leaders: key difference

Managers maintain operations; leaders transform & drive innovation

Fayol's 6 management functions

Predict, plan, organise, command, coordinate, monitor

Visionary thinking (leadership quality)

Seeing where business needs to go to survive & flourish

Steve Jobs cut Apple projects from __ to __

350 to 10

Autocratic leadership definition

Leader sets objectives, allocates tasks, insists on obedience

Paternalistic vs autocratic: key difference

Paternalistic emphasises employee well-being

Two approaches in democratic leadership

Persuasive (decided) & consultative (considers views)

Laissez-faire leadership

Hands-off; minimal guidance; employees have freedom

When laissez-faire works best

With highly skilled, experienced, self-motivated employees

Why leaders use multiple styles

Different situations, teams & individuals need different approaches

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